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How Commerce.com, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$342M · 100%Cost of revenue$72.8M · 21%Gross profit$270M · 79%Operating income−$16.2M · −5%Income before tax−$18.2M · −5%Income tax$1.2M · 0%Net income−$19.3M · −6%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$342M100%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
Cost of revenue$72.8M21%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
$270M79%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
−$16.2M−5%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
Income before tax−$18.2M−5%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
Income tax$1.2M0%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
−$19.3M−6%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-085687 · filed Mar 2, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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