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Commerce.com, Inc.（CMRC）与DOMO, INC.（DOMO）财务数据对比。点击上方公司名可切换其他公司
Commerce.com, Inc.的季度营收约是DOMO, INC.的1.1倍（$89.5M vs $79.4M），Commerce.com, Inc.净利率更高（-9.3% vs -13.1%，领先3.7%），Commerce.com, Inc.同比增速更快（2.9% vs -0.5%），DOMO, INC.自由现金流更多（$1.1M vs $-2.2M），过去两年Commerce.com, Inc.的营收复合增速更高（5.5% vs -0.5%）
SPS Commerce是一家总部位于美国明尼苏达州明尼阿波利斯市的科技企业，核心业务是为客户提供基于云端的供应链管理软件解决方案。公司除在美国本土设有分支机构外，还在阿姆斯特丹、北京、香港、多伦多、悉尼等全球多个城市布局了办公网点。
Domo股份有限公司是总部设在美国犹他州美国福克的美国云软件企业，主营人工智能、商业智能与数据可视化业务，属于SaaS（软件即服务）企业，核心产品可帮助企业各层级决策者在极少IT介入的情况下，实时获取业务数据，支撑决策开展。
CMRC vs DOMO — 直观对比
营收规模更大
CMRC
是对方的1.1倍
$79.4M
营收增速更快
CMRC
高出3.3%
-0.5%
净利率更高
CMRC
高出3.7%
-13.1%
自由现金流更多
DOMO
多$3.3M
$-2.2M
两年增速更快
CMRC
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $89.5M | $79.4M |
| 净利润 | $-8.4M | $-10.4M |
| 毛利率 | 78.3% | 74.2% |
| 营业利润率 | -7.4% | -8.7% |
| 净利率 | -9.3% | -13.1% |
| 营收同比 | 2.9% | -0.5% |
| 净利润同比 | -250.0% | 44.6% |
| 每股收益（稀释后） | $-0.11 | $-0.25 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CMRCDOMO
| Q4 25 | $89.5M | $79.4M | ||
| Q3 25 | $86.0M | $79.7M | ||
| Q2 25 | $84.4M | $80.1M | ||
| Q1 25 | $82.4M | $78.8M | ||
| Q4 24 | $87.0M | $79.8M | ||
| Q3 24 | $83.7M | $78.4M | ||
| Q2 24 | $81.8M | $80.1M | ||
| Q1 24 | $80.4M | $80.2M |
净利润CMRCDOMO
| Q4 25 | $-8.4M | $-10.4M | ||
| Q3 25 | $-2.2M | $-22.9M | ||
| Q2 25 | $-8.4M | $-18.1M | ||
| Q1 25 | $-353.0K | $-17.7M | ||
| Q4 24 | $-2.4M | $-18.8M | ||
| Q3 24 | $-7.0M | $-19.5M | ||
| Q2 24 | $-11.3M | $-26.0M | ||
| Q1 24 | $-6.4M | $-18.7M |
毛利率CMRCDOMO
| Q4 25 | 78.3% | 74.2% | ||
| Q3 25 | 78.4% | 74.8% | ||
| Q2 25 | 79.0% | 74.2% | ||
| Q1 25 | 79.4% | 74.4% | ||
| Q4 24 | 77.6% | 75.0% | ||
| Q3 24 | 76.3% | 74.3% | ||
| Q2 24 | 75.8% | 74.1% | ||
| Q1 24 | 77.1% | 76.3% |
营业利润率CMRCDOMO
| Q4 25 | -7.4% | -8.7% | ||
| Q3 25 | -0.5% | -9.1% | ||
| Q2 25 | -8.0% | -17.9% | ||
| Q1 25 | -2.9% | -15.6% | ||
| Q4 24 | -0.9% | -13.9% | ||
| Q3 24 | -23.0% | -18.5% | ||
| Q2 24 | -16.5% | -26.8% | ||
| Q1 24 | -10.2% | -16.6% |
净利率CMRCDOMO
| Q4 25 | -9.3% | -13.1% | ||
| Q3 25 | -2.6% | -28.8% | ||
| Q2 25 | -9.9% | -22.5% | ||
| Q1 25 | -0.4% | -22.4% | ||
| Q4 24 | -2.7% | -23.5% | ||
| Q3 24 | -8.4% | -24.9% | ||
| Q2 24 | -13.8% | -32.5% | ||
| Q1 24 | -8.0% | -23.3% |
每股收益（稀释后）CMRCDOMO
| Q4 25 | $-0.11 | $-0.25 | ||
| Q3 25 | $-0.03 | $-0.56 | ||
| Q2 25 | $-0.10 | $-0.45 | ||
| Q1 25 | $0.00 | $-0.45 | ||
| Q4 24 | $-0.03 | $-0.48 | ||
| Q3 24 | $-0.09 | $-0.51 | ||
| Q2 24 | $-0.15 | $-0.69 | ||
| Q1 24 | $-0.08 | $-0.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $141.1M | — |
| 总债务越低越好 | $157.0M | $124.2M |
| 股东权益账面价值 | $39.4M | $-191.9M |
| 总资产 | $308.8M | $201.6M |
| 负债/权益比越低杠杆越低 | 3.99× | — |
8季度趋势，按日历期对齐
现金及短期投资CMRCDOMO
| Q4 25 | $141.1M | — | ||
| Q3 25 | $142.0M | — | ||
| Q2 25 | $134.5M | $47.2M | ||
| Q1 25 | $120.7M | $45.3M | ||
| Q4 24 | $178.2M | — | ||
| Q3 24 | $168.4M | — | ||
| Q2 24 | $275.8M | $61.2M | ||
| Q1 24 | $265.2M | $60.9M |
总债务CMRCDOMO
| Q4 25 | $157.0M | $124.2M | ||
| Q3 25 | $157.3M | $121.9M | ||
| Q2 25 | $157.5M | $119.7M | ||
| Q1 25 | $157.8M | $117.7M | ||
| Q4 24 | $216.5M | $115.6M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | $340.9M | $114.1M | ||
| Q1 24 | $340.5M | $113.5M |
股东权益CMRCDOMO
| Q4 25 | $39.4M | $-191.9M | ||
| Q3 25 | $42.8M | $-191.5M | ||
| Q2 25 | $38.8M | $-178.7M | ||
| Q1 25 | $38.1M | $-177.2M | ||
| Q4 24 | $33.4M | $-171.2M | ||
| Q3 24 | $29.0M | $-166.4M | ||
| Q2 24 | $26.1M | $-163.5M | ||
| Q1 24 | $26.9M | $-153.5M |
总资产CMRCDOMO
| Q4 25 | $308.8M | $201.6M | ||
| Q3 25 | $309.5M | $195.7M | ||
| Q2 25 | $302.5M | $189.7M | ||
| Q1 25 | $286.3M | $214.3M | ||
| Q4 24 | $340.3M | $190.2M | ||
| Q3 24 | $335.1M | $197.8M | ||
| Q2 24 | $452.5M | $204.4M | ||
| Q1 24 | $442.5M | $225.7M |
负债/权益比CMRCDOMO
| Q4 25 | 3.99× | — | ||
| Q3 25 | 3.67× | — | ||
| Q2 25 | 4.06× | — | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 6.49× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 13.06× | — | ||
| Q1 24 | 12.65× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $980.0K | $3.4M |
| 自由现金流经营现金流 - 资本支出 | $-2.2M | $1.1M |
| 自由现金流率自由现金流/营收 | -2.4% | 1.4% |
| 资本支出强度资本支出/营收 | 3.5% | 2.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $16.9M | $9.9M |
8季度趋势，按日历期对齐
经营现金流CMRCDOMO
| Q4 25 | $980.0K | $3.4M | ||
| Q3 25 | $10.6M | $3.4M | ||
| Q2 25 | $13.6M | $4.0M | ||
| Q1 25 | $401.0K | $8.9M | ||
| Q4 24 | $12.4M | $-13.7M | ||
| Q3 24 | $5.6M | $-6.2M | ||
| Q2 24 | $11.7M | $1.9M | ||
| Q1 24 | $-3.4M | $5.4M |
自由现金流CMRCDOMO
| Q4 25 | $-2.2M | $1.1M | ||
| Q3 25 | $7.6M | $1.0M | ||
| Q2 25 | $11.9M | $1.0M | ||
| Q1 25 | $-424.0K | $6.7M | ||
| Q4 24 | $11.6M | $-16.2M | ||
| Q3 24 | $4.5M | $-8.4M | ||
| Q2 24 | $10.7M | $-625.0K | ||
| Q1 24 | $-4.2M | $2.9M |
自由现金流率CMRCDOMO
| Q4 25 | -2.4% | 1.4% | ||
| Q3 25 | 8.8% | 1.3% | ||
| Q2 25 | 14.1% | 1.3% | ||
| Q1 25 | -0.5% | 8.5% | ||
| Q4 24 | 13.3% | -20.3% | ||
| Q3 24 | 5.4% | -10.7% | ||
| Q2 24 | 13.0% | -0.8% | ||
| Q1 24 | -5.3% | 3.6% |
资本支出强度CMRCDOMO
| Q4 25 | 3.5% | 2.9% | ||
| Q3 25 | 3.4% | 2.9% | ||
| Q2 25 | 2.0% | 3.7% | ||
| Q1 25 | 1.0% | 2.8% | ||
| Q4 24 | 0.9% | 3.2% | ||
| Q3 24 | 1.3% | 2.8% | ||
| Q2 24 | 1.3% | 3.2% | ||
| Q1 24 | 1.0% | 3.1% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CMRC
| Subscription And Circulation | $65.2M | 73% |
| Partner And Services | $24.4M | 27% |
DOMO
| Subscription | $71.9M | 91% |
| Professional Servicesand Other | $7.5M | 9% |
