--- title: "Commerce.com | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 84.51 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295096096.md" datetime: "2026-08-06T11:09:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295096096.md) - [en](https://longbridge.com/en/news/295096096.md) - [zh-HK](https://longbridge.com/zh-HK/news/295096096.md) --- # Commerce.com | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 84.51 M Revenue: As of FY2026 Q2, the actual value is USD 84.51 M, missing the estimate of USD 85.15 M. EPS: As of FY2026 Q2, the actual value is USD 0.01. EBIT: As of FY2026 Q2, the actual value is USD 1.445 M. ### Second Quarter 2026 Financial Highlights (Three months ended June 30, 2026 vs. June 30, 2025) #### Overall Performance - Total Annual Revenue Run-rate (ARR) was $360.5 million as of June 30, 2026, an increase of 2% compared to $354.6 million as of June 30, 2025. - Gross Merchandise Volume (GMV) was $8.8 billion, up 14% compared to $7.7 billion. - Net Revenue Retention (NRR) was 95.8%, compared to 94.5%. - GAAP Net Income was $1.1 million, compared to a net loss of - $8.4 million in the prior year period. - Non-GAAP Net Income was $6.5 million, or 8% of revenue, compared to $3.2 million, or 4% of revenue. - GAAP Gross Margin was 75%, compared to 79%. - Non-GAAP Gross Margin was 76%, compared to 80%. - GAAP Income from Operations was $2.7 million, compared to a loss of - $6.8 million. - Non-GAAP Operating Income was $8.1 million, compared to $4.8 million. - Non-GAAP Operating Margin was 9.6%, compared to 5.7%. - Adjusted EBITDA was $9.7 million, compared to $5.7 million. #### Segment Revenue - Subscription solutions revenue was $63.1 million, down 1% compared to $63.7 million. - Partner and services revenue was $21.4 million, compared to $20.8 million. #### Revenue by Geography - Revenue in the United States declined by 1% ($63.8 million) compared to the three months ended June 30, 2025 ($64.4 million). - Revenue in EMEA grew by 12% ($11.1 million) compared to the three months ended June 30, 2025 ($9.9 million). - Revenue in APAC declined by 4% ($5.9 million) compared to the three months ended June 30, 2025 ($6.1 million). - Revenue in Rest of World was $3.8 million, compared to $4.0 million. #### Operating Costs - Cost of revenue was $21.0 million, compared to $17.7 million. - Sales and marketing expenses were $27.5 million, compared to $35.1 million. - Research and development expenses were $17.7 million, compared to $18.3 million. - General and administrative expenses were $14.2 million, compared to $15.9 million. - Amortization of intangible assets was $1.5 million, compared to $2.5 million. - Acquisition related costs were $0, compared to $0.1 million. - Restructuring charges were $0.005 million, compared to $1.6 million. #### Cash Flow - Net cash provided by operating activities for the three months ended June 30, 2026, was $5.1 million, compared to $13.6 million provided by operating activities for the same period in 2025. - Free cash flow was $0.1 million for the three months ended June 30, 2026, compared to $11.9 million for the three months ended June 30, 2025. - Cash, cash equivalents, restricted cash, and marketable securities totaled $157.5 million as of June 30, 2026. ### Year-to-Date 2026 Financial Highlights (Six months ended June 30, 2026 vs. June 30, 2025) #### Overall Performance - GAAP Net Income was $4.8 million, compared to a net loss of - $8.7 million in the prior year period. - Non-GAAP Net Income was $16.9 million, compared to $8.9 million. - GAAP Income from Operations was $8.5 million, compared to a loss of - $9.2 million. - Non-GAAP Operating Income was $20.6 million, compared to $12.4 million. - Adjusted EBITDA was $23.5 million, compared to $14.6 million. #### Cash Flow - Net cash provided by operating activities for the six months ended June 30, 2026, was $23.5 million, compared to $14.0 million for the same period in 2025. - Free cash flow was $14.1 million for the six months ended June 30, 2026, compared to $9.0 million for the six months ended June 30, 2025. ### Outlook / Guidance For the third quarter of 2026, Commerce.com, Inc. expects total revenue between $82.5 million and $85.5 million, and Non-GAAP operating income between $3.3 million and $5.3 million. For the full year 2026, the company anticipates total revenue between $336.5 million and $344.5 million, and Non-GAAP operating income between $28.0 million and $34.0 million. 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