Commerce.com Reports 2.8% Revenue Growth and Reduced Net Loss in Q3 2025

Commerce.com, Inc. reported its financial results for the third quarter of 2025, revealing a revenue increase of 2.8% to $86.0 million compared to $83.7 million in the same period last year. For the nine months ending September 30, 2025, total revenue reached $252.8 million, up from $245.9 million in the prior year. The company’s gross profit for the quarter was $67.4 million, yielding a gross margin of 78.4%, an improvement from 76.3% in Q3 2024. Despite the revenue growth, Commerce.com recorded a net loss of $2.2 million for the quarter, a reduction from a net loss of $7.0 million in Q3 2024.

The company’s operating expenses decreased significantly, totaling $67.9 million for the third quarter, down from $83.1 million a year earlier. This decline was primarily driven by reduced restructuring charges and lower general and administrative expenses. Notably, restructuring charges fell to $83,000 from $9.9 million in the previous year, reflecting the completion of the 2024 restructuring initiative aimed at improving operational efficiency. The company also reported a gain of $3.9 million from the extinguishment of convertible notes, contributing to a net loss that was less severe than in previous quarters.

In terms of operational metrics, Commerce.com saw a slight increase in its customer base, with 5,751 enterprise accounts as of September 30, 2025, compared to 5,892 a year earlier. The company’s annual revenue run-rate (ARR) for enterprise accounts was approximately $269.2 million, representing 76% of total ARR. The company continues to focus on expanding its market presence, particularly in the B2B and B2C sectors, and has launched new products such as Feedonomics Surface, aimed at small business customers.

Looking ahead, Commerce.com plans to invest in its core offerings and expand its partnerships to enhance its product portfolio. The company is also preparing to launch a new branded payments offering in fiscal year 2026, which is expected to improve customer retention and monetization. Despite the challenges posed by macroeconomic conditions, including trade policy shifts and inflation, Commerce.com remains optimistic about its growth trajectory and is committed to maintaining operational discipline to support cash flow generation. The company believes its existing cash reserves and cash flows from operations will be sufficient to meet its working capital needs for at least the next twelve months.