The Tip Desk

Commerce.com, Inc.

Company Stats

Market Cap
$261.8M
as of Sep 30, 2026
Enterprise Value
$371.6M
Shares Outstanding
82.9M
Free Float
66.1%

Income Statement

Revenue
$342.3M
Operating Income
-$16.2M
Net Income
-$19.3M
EBITDA
-$12.2M
Revenue Growth, 3Y
7.0%
FCF Margin, 3Y Avg
0.8%
FCF Margin, Worst Year
-9.2%

Cash Flow

Free Cash Flow
$16.9M
FCF Yield
6.5%
Owner FCF Yield
-2.6%

Balance Sheet

Cash & Equivalents
$44.3M
Total Debt
$154.1M
Net Debt
$109.8M

Returns & Capital

SBC, 3Y Avg
$33.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$342.3M$16.9M4.9%
FY2024$332.9M$22.5M6.8%
FY2023$309.4M-$28.4M-9.2%
FY2022$279.1M-$94.6M-33.9%
FY2021$219.9M-$40.3M-18.3%

Annual filing data through FY ended December 31, 2025; shares and float as of October 13, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage