Commerce.com, Inc.CMRCEarnings & Financial Report
SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.
CMRC Q3 2025 Key Financial Metrics
Revenue
$86.0M
Gross Profit
$67.4M
Operating Profit
$-435.0K
Net Profit
$-2.2M
Gross Margin
78.4%
Operating Margin
-0.5%
Net Margin
-2.6%
YoY Growth
2.8%
EPS
$-0.03
Financial Flow
Commerce.com, Inc. Q3 2025 Financial Summary
Commerce.com, Inc. reported revenue of $86.0M for Q3 2025, with a net profit of $-2.2M (-2.6% margin). Cost of goods sold was $18.6M, operating expenses totaled $67.9M.
Key Financial Metrics
| Total Revenue | $86.0M |
|---|---|
| Net Profit | $-2.2M |
| Gross Margin | 78.4% |
| Operating Margin | -0.5% |
| Report Period | Q3 2025 |
Commerce.com, Inc. Annual Revenue by Year
Commerce.com, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $332.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $332.9M |
| 2023 | $309.4M |
| 2022 | $279.1M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $84.1M | $80.4M | $81.8M | $83.7M | $87.0M | $82.4M | $84.4M | $86.0M |
| YoY Growth | 16.2% | 12.0% | 8.5% | 7.3% | 3.4% | 2.5% | 3.2% | 2.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $444.1M | $442.5M | $452.5M | $335.1M | $340.3M | $286.3M | $302.5M | $309.5M |
| Liabilities | $418.5M | $415.6M | $426.4M | $306.2M | $306.9M | $248.2M | $263.8M | $266.6M |
| Equity | $25.5M | $26.9M | $26.1M | $29.0M | $33.4M | $38.1M | $38.8M | $42.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $13.3M | $-3.4M | $11.7M | $5.6M | $12.4M | $401000 | $13.6M | $10.6M |