Commerce.com reported second-quarter revenue of $84.5 million, up 0.1% year over year, and non-GAAP operating income of $8.1 million, above its guidance range, but lowered its full-year 2026 revenue outlook by $18 million at the midpoint to between $336.5 million and $344.5 million. The company cited a deliberate strategy to concentrate its partner ecosystem, increased R&D investment in AI and product intelligence, and a more cautious view of second-half new account bookings amid soft B2C replatforming activity. Gross merchandise volume grew 14% to $8.8 billion, with B2B GMV up 17%, and net revenue retention improved sequentially for the third straight quarter to 95.8%. Full-year non-GAAP operating income guidance was reduced by $12.5 million at the midpoint to between $28 million and $34 million, reflecting targeted investments and higher infrastructure costs from AI-driven traffic. The company ended the quarter with $157.5 million in cash and marketable securities and remains on track for full-year GAAP profitability.
Commerce.com, Inc.Company cut full-year revenue and operating income guidance, citing AI investment and cautious bookings.
