Commerce.com (CMRC) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 12, 2026 astatine 8:42 AM CST 48 min read

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Thursday, Feb. 12, 2026 astatine 8:00 a.m. ET

• Chief Executive Officer — Travis Hess

• Chief Financial Officer and Chief Operating Officer — Daniel Lentz

• Senior Vice President, Investor Relations — Tyler Duncan

Tyler Duncan: Good morning, and invited to Commerce.com, Inc.'s Fourth Quarter and Fiscal Year 2025 Earnings Call. We volition beryllium discussing the results announced successful our property merchandise issued earlier today's marketplace open. With maine are Commerce.com, Inc.'s Chief Executive Officer, Travis Hess; Chief Financial Officer, and Chief Operating Officer, Daniel Lentz. Today's telephone volition incorporate definite forward-looking statements, made pursuant to the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements see statements concerning fiscal and concern trends, arsenic good arsenic our expected aboriginal concern and fiscal performance, fiscal condition, and our guidance for some the 2026 4th and the afloat twelvemonth 2026.

These statements tin beryllium identified by words specified arsenic expect, anticipate, intend, plan, believe, seek, committed, will, oregon akin words. These statements bespeak our views arsenic of contiguous only, should not beryllium relied upon arsenic representing our views astatine immoderate consequent date, and we bash not undertake immoderate work to update these statements. Forward-looking statements, by their nature, code matters that are taxable to risks and uncertainties that could origin existent results to disagree materially from expectations. For a treatment of the worldly risks and different important factors that could impact our existent results, delight notation to the risks and different disclosures contained successful our filings with the Securities and Exchange Commission.

During the call, we volition besides sermon definite non-GAAP fiscal measures, which are not prepared successful accordance with mostly accepted accounting principles. A reconciliation of these non-GAAP fiscal measures to the astir straight comparable GAAP fiscal measures, arsenic good arsenic however we specify these metrics and different metrics, is included successful our net property release, which has been furnished to the SEC and is besides disposable connected our website astatine investors.commerce.com. With that, fto maine crook the telephone implicit to Travis. Thanks, Tyler. 2025 was an important twelvemonth for Commerce.com, Inc. A twelvemonth successful which we achieved meaningful operational improvements and laid the instauration for sustainable growth.

We delivered gross of $342,000,000, up astir 3% twelvemonth implicit year, and non-GAAP operating income finished astatine $28,000,000 with beardown improvements to currency generation. We besides delivered our highest sequential betterment successful subscription ARR successful implicit a twelvemonth and a half, successful Q4. Over the past 12 months, we person executed connected a semipermanent strategy focused connected 3 priorities: simplifying the business, realigning concern astir our highest worth initiatives, and gathering the infrastructure to standard arsenic AI and agentic commerce reshapes however merchants prosecute with buyers. We person improved efficiency, reinvested savings successful merchandise innovation, and accrued profitability and currency flow, allowing america to run with greater leverage and speed.