← Commerce.com, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $91.9m |
$112.1m
+22.03%
|
$152.4m
+35.92%
|
$219.9m
+44.29%
|
$279.1m
+26.94%
|
$309.4m
+10.86%
|
$332.9m
+7.61%
|
$342.3m
+2.83%
|
$346.9m
+1.33%
|
|
| Cost of revenue | $21.9m |
$27.0m
+23.18%
|
$34.1m
+26.29%
|
$48.5m
+42.06%
|
$70.0m
+44.35%
|
$74.2m
+6.03%
|
$77.6m
+4.56%
|
$72.8m
-6.23%
|
$79.2m
+8.87%
|
|
| Gross profit | $69.9m |
$85.1m
+21.66%
|
$118.2m
+38.98%
|
$171.4m
+44.94%
|
$209.1m
+22.01%
|
$235.2m
+12.48%
|
$255.3m
+8.57%
|
$269.6m
+5.58%
|
$267.7m
-0.70%
|
|
| Research and development | $42.5m | $43.1m | $48.3m | $64.5m | $88.3m | $83.5m | $80.9m | $73.0m | $71.2m | |
| Sales and marketing | $45.9m | $60.7m | $72.5m | $99.3m | $134.8m | $140.2m | $129.6m | $137.0m | — | |
| General and administrative | $19.5m | $22.2m | $36.1m | $56.8m | $76.0m | $58.8m | $61.8m | $55.9m | $54.8m | |
| Amortization of intangible assets | — | $0 | $0 | $3.3m | $8.1m | $8.4m | $9.7m | $8.5m | — | |
| Restructuring charges | — | — | — | $0 | $7.3m | $6.4m | $13.7m | $11.0m | — | |
| Total operating expenses | $107.9m | $126.1m | $156.9m | $247.3m | $349.7m | $307.6m | $297.0m | $285.8m | $257.8m | |
| Loss from operations | ($38.0m) |
($41.0m)
-7.92%
|
($38.7m)
+5.59%
|
($75.9m)
-96.25%
|
($140.6m)
-85.10%
|
($72.4m)
+48.46%
|
($41.7m)
+42.46%
|
($16.2m)
+61.10%
|
— | |
| Interest expense | ($1.5m) | ($1.6m) | ($3.1m) | ($828k) | ($2.8m) | ($2.9m) | ($6.1m) | ($10.0m) | $10.9m | |
| Interest income | $653k | $245k | $31k | $130k | $4.2m | $11.5m | $10.6m | $4.8m | $4.7m | |
| Other expenses | ($52k) | ($208k) | ($179k) | ($70k) | ($227k) | ($836k) | ($958k) | ($681k) | — | |
| Loss before provision for income taxes | ($38.9m) | ($42.6m) | ($37.5m) | ($76.7m) | ($139.4m) | ($64.7m) | ($26.0m) | ($18.2m) | — | |
| Provision for income taxes | $10k | $28k | $25k | ($34k) | $495k | $0 | ($1.0m) | ($1.2m) | — | |
| Net loss | ($38.9m) | ($42.6m) | ($37.6m) | ($76.7m) | ($139.9m) | ($64.7m) | ($27.0m) | ($19.3m) | — | |
| Basic net loss per share | — | — | ($1) | ($1) | ($2) | ($1) | ($0) | ($0) | — | |
| Shares used to compute basic net loss per share | — | — | ($1) | ($1) | ($2) | ($1) | ($0) | ($0) | — | |
| Acquisition related costs | — | $0 | $0 | $23.3m | $35.2m | $10.3m | $1.3m | $444k | — | |
| Gain on convertible note extinguishment | — | — | — | — | $0 | $0 | $12.1m | $3.9m | — |