Commerce.com unveils cost-cutting plan targeting 20% margins by 2027
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Commerce Announces Strategic Operating Plan to Accelerate Profitability and Free Cash Flow Generation
September 10, 2026 8:00 AM EDTCompany targets full-year non-GAAP operating margins of at least 20% beginning in 2027 and materially higher free cash flow
Plan expected to generate approximately $60 million to $80 million of annualized cost savings, or $0.73 to $0.97 on a per diluted share basis
Board authorizes up to $50 million of share repurchases over the next two years
AUSTIN, Texas, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Commerce.com, Inc. (Nasdaq: CMRC) ("Commerce, We or the "Company"), a data-centric provider of an open, AI-driven commerce ecosystem that... More
