Revenue and Profit Growth
Commerce reported Q2 revenue of $84.4 million, growing 3% year-over-year, and non-GAAP operating income of $4.8 million. Operating cash flow improved to approximately $13.6 million, up nearly $2 million year-over-year.
Improved Operating Efficiency
Non-GAAP operating income margin improved by 335 basis points from Q2 2024 and 1,013 basis points from Q2 2023. Non-GAAP gross margin strengthened to 80%, up 280 basis points year-over-year.
Strong Balance Sheet
Commerce ended Q2 with $136 million in cash, cash equivalents, and marketable securities, and reduced net debt position to $18 million, a 73% decrease year-over-year.
Notable Partnerships
Commerce announced partnerships with Perplexity, Google Cloud, and PROS to enhance AI-driven commerce capabilities. These partnerships aim to improve product data optimization, pricing, and quoting solutions.
Recognition and Client Wins
Commerce was awarded 24 out of 24 medals in the 2025 Paradigm B2B Combine for the third consecutive year. New clients include notable brands like URBN and Tapestry.