Business
Commerce Announces Fourth Quarter and Fiscal Year 2025 Financial Results
Full-Year Total Revenue of $342.3 Million, an Increase of 3% Versus Prior Year. Total ARR of $359.1 Million, an Increase of 3% Versus Prior Year. Enterprise
About this update from Commerce.com, Inc. - Series 1
[{"type":"text","content":"Full-Year Total Revenue of $342.3 Million, an Increase of 3% Versus Prior Year. Total ARR of $359.1 Million, an Increase of 3% Versus Prior Year. Enterprise ARR of $287.2 Million, an Increase of 10% Versus Prior Year. Full-Year Operating Cash Flow of $27.4 Million\nAUSTIN, Texas, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Commerce.com, Inc. (Nasdaq: CMRC) (formerly BigCommerce Holdings, Inc.), a provider of an open, intelligent ecosystem of technology solutions that empower businesses to unlock data potential and deliver seamless, personalized experiences at scale, today announced financial results for its fourth quarter and fiscal year ended December 31, 2025. “2025 was a year of material business transformation. We improved efficiency, expanded margins, and realigned investment to our highest-impact growth areas, culminating in our rebrand as Commerce and a clear position in AI-powered agentic commerce,” said Travis Hess, CEO of Commerce. “With key elements of our transformation complete, we are operating with greater leverage, stronger product-market fit, and clear line of sight to durable ARR growth.” Fourth Quarter Financial Highlights: Total revenue was $89.5 million, up 3% compared to the three months ended December 31, 2024.Total annual revenue run-rate (“ARR”) as of December 31, 2025 was $359.1 million, up 3% compared to December 31, 2024.Subscription solutions revenue was $65.2 million, up 5% compared to the three months ended December 31, 2024.ARR from accounts with at least one enterprise plan (“Enterprise Accounts”) was $287.2 million as of December 31, 2025, up 10% from December 31, 2024.ARR from Enterprise Accounts as a percent of total ARR was 80% as of December 31, 2025, compared to 75% as of December 31, 2024.Gross Merchandise Volume (GMV) was $8.9 billion in the three months ended December 31, 2025.Net Revenue Retention (NRR) was 95.2%, compared to 95.0% in the three months ended December 31, 2024.GAAP gross margin was 78%, compared to 78% in the three months ended December 31, 2024. Non-GAAP gross margin was 79%, compared to 78% in the three months ended December 31, 2024. Other Key Business Metrics Number of enterprise accounts was 6,648, up 13% compared to the three months ended December 31, 2024.Average revenue per account (ARPA) of enterprise accounts was $43,200 down 3% compared to the three months ended December...