Commerce.com, Inc. (Nasdaq: CMRC) announced a strategic operating plan on September 10, 2026, aimed at reducing costs and increasing profitability and free cash flow. The plan is expected to generate approximately $60 million to $80 million in annualized cost savings, representing $0.73 to $0.97 per diluted share based on the share count as of June 30, 2026.
The company projects that it will incur restructuring and other one-time expenses of between $4.2 million and $8.8 million in its fiscal third quarter ending September 30, 2026, and an additional $4.3 million to $17.5 million in the fourth quarter of fiscal 2026. These expenses are anticipated to be recorded by the end of the fourth quarter of fiscal 2026, with the plan substantially complete by the second quarter of fiscal 2027.
As part of the plan, Commerce.com is targeting full-year non-GAAP operating margins of at least 20% beginning in 2027. The company is also updating its full-year 2026 guidance, reaffirming total revenue between $336.5 million and $344.5 million and raising non-GAAP operating income guidance by $3 million to between $31.0 million and $37.0 million. The company currently expects to realize approximately $3 million, or 4%, of the anticipated savings during 2026.
In addition to the cost-cutting measures, the company’s Board of Directors has authorized a share repurchase program of up to $50 million of its common stock. This authorization is effective September 10, 2026, and expires on September 10, 2028, or when the repurchase limit is reached. The company intends to finance the repurchases using its available cash and cash equivalents.
