Is BigCommerce (now Commerce.com) profitable in 2026?

Yes, for the first time as a public company. Commerce.com (formerly BigCommerce) reported $3.7 million in GAAP net income in Q1 2026, on revenue of $86.8 million, up 5.4% year over year, as of March 31, 2026, per its own earnings report.

Is BigCommerce being acquired?

It faces an unresolved hostile takeover attempt. Rezolve Ai PLC made two rejected all-stock bids in Feb and April 2026 at 29% and 47% discounts respectively. Commerce.com's board adopted a poison pill on April 14, 2026, expiring April 12, 2027, to block further pressure.

Is Shopify beating BigCommerce?

BigCommerce (Commerce.com) shows signs of losing ground: FY2025 revenue grew only 3% to $342.3 million and Q1 2026 net revenue retention was 95.4%, below 100%, while Shopify continues expanding scale and is cited in vendor comparisons as faster and larger, as of May 2026.

Could AI replace BigCommerce's platform?

Not entirely. BigCommerce's Feedonomics unit integrates deeply with an estimated 30% of Internet Retailer 1000 ERPs and PIMs, per company claims, but its catalog-syndication approach relies on open standards like Google's Universal Commerce Protocol, adopted January 2026, that any competitor can also use.

What is BigCommerce's ticker now and why did it change?

BigCommerce trades on Nasdaq as CMRC, changed from BIGC, after the company rebranded its parent entity to Commerce.com in 2025, unifying BigCommerce, Feedonomics, and Makeswift under one brand as of July 2025, with the ticker change reflected by April 14, 2026.

What is BigCommerce's biggest competitor?

Shopify, including Shopify Plus for enterprise, is BigCommerce's (Commerce.com's) primary rival with no structural barrier preventing it from copying features; a newer aggressive challenger, Rezolve Ai PLC, launched a hostile takeover bid against Commerce.com in April 2026.

E-commerce and marketplaces · United States

BigCommerce

bigcommerce.com ↗

BigCommerce runs an enterprise e-commerce platform, now trading as Commerce.com, under a hostile bid.

Protection under test

Assessed 22 July 2026 · Evidence as of 22 July 2026

Something worth protecting exists and is being tested right now.

On the recordSince 22 July 2026 · Checkable from April 2027 / Q3 2026 · Every call on the record Checkpoint: Rezolve poison pill expiration and Q3 2026 NRR reading

The call

BigCommerce turned its first profit while Shopify eats share, customers shrink spend, and Rezolve circles with a discounted takeover bid.

BigCommerce helps online stores manage their websites and sell products. Shopify does the same thing and is taking away customers, and there is no clear reason why Shopify could not copy everything BigCommerce offers. At the same time, customers are spending less money even though the company is growing slightly, which suggests they are not happy with what they are paying for. The one thing that could save the picture is if BigCommerce's tool for connecting product data across systems (called Feedonomics) becomes so valuable and so hard to replace that customers stick around and pay more, but so far that has not happened.

Why

AI pressure: OpenAI and Google building native commerce/checkout protocols. If AI agents pull product data straight from brands, Feedonomics' catalog-feed pipe gets skipped entirely. Could AI do the core job? Yes, likely.

Bigger players: Shopify (including Shopify Plus). Shopify keeps winning enterprise accounts with a near-identical feature set and no real barrier stopping it. Could a giant copy it? Yes, easily.

What protects it. Feedonomics' deep ERP/PIM catalog integrations and early deals like Dell's 7,000-SKU agentic feed give some switching friction.

What would change this call

Q3-Q4 2026 net revenue retention reported below or above 100% for two straight quarters. Shows whether existing customers are shrinking spend or stabilizing.
Resolution of Rezolve Ai's hostile takeover bid or poison pill expiration April 12, 2027. Shows whether BigCommerce stays independent or is absorbed at a discount.
Public naming of two or more flagship enterprise accounts switching to Shopify Plus. Would confirm Shopify displacing BigCommerce at the high end.

Key numbers

FY2025 revenue $342.3M, up 3% YoY (2025-12-31)
Net revenue retention 95.4%, below 100% (2026-03-31)
First GAAP profit: $3.7M net income (2026-03-31)

Named risks

Hostile takeover by Rezolve Ai remains unresolved through poison pill expiry April 12, 2027. Severity: high
Net revenue retention below 100% (95.4% as of Q1 2026) signals ongoing customer downsell or churn. Severity: high
Shopify has no structural barrier to matching BigCommerce's features and is outpacing it on growth. Severity: medium
New 2% Open Payment Provider Fee (June 2026) could accelerate merchant attrition. Severity: medium
Feedonomics catalog-syndication moat rests on open standards (UCP) any competitor can adopt. Severity: medium

Rivals, as read in July 2026

Rival	Direction	Evidence
Shopify	losing to	BigCommerce FY2025 revenue grew only 3% vs Shopify's larger scale claims, as of Dec 2025
Rezolve Ai PLC	contesting	Rezolve made two hostile takeover bids in Feb and Apr 2026, rejected; poison pill adopted Apr 14, 2026
OpenAI/Google (commerce protocols)	gaining on	UCP and MCP standards could disintermediate BigCommerce's catalog layer; company adopted UCP Jan 2026
Adobe Commerce (Magento)	contesting	Cited as direct enterprise platform competitor in 2026 vendor comparisons
Salesforce Commerce Cloud	contesting	Cited as direct enterprise platform competitor in 2026 vendor comparisons

Questions people ask

Is BigCommerce (now Commerce.com) profitable in 2026?: Yes, for the first time as a public company. Commerce.com (formerly BigCommerce) reported $3.7 million in GAAP net income in Q1 2026, on revenue of $86.8 million, up 5.4% year over year, as of March 31, 2026, per its own earnings report.
Is BigCommerce being acquired?: It faces an unresolved hostile takeover attempt. Rezolve Ai PLC made two rejected all-stock bids in Feb and April 2026 at 29% and 47% discounts respectively. Commerce.com's board adopted a poison pill on April 14, 2026, expiring April 12, 2027, to block further pressure.
Is Shopify beating BigCommerce?: BigCommerce (Commerce.com) shows signs of losing ground: FY2025 revenue grew only 3% to $342.3 million and Q1 2026 net revenue retention was 95.4%, below 100%, while Shopify continues expanding scale and is cited in vendor comparisons as faster and larger, as of May 2026.
Could AI replace BigCommerce's platform?: Not entirely. BigCommerce's Feedonomics unit integrates deeply with an estimated 30% of Internet Retailer 1000 ERPs and PIMs, per company claims, but its catalog-syndication approach relies on open standards like Google's Universal Commerce Protocol, adopted January 2026, that any competitor can also use.
What is BigCommerce's ticker now and why did it change?: BigCommerce trades on Nasdaq as CMRC, changed from BIGC, after the company rebranded its parent entity to Commerce.com in 2025, unifying BigCommerce, Feedonomics, and Makeswift under one brand as of July 2025, with the ticker change reflected by April 14, 2026.
What is BigCommerce's biggest competitor?: Shopify, including Shopify Plus for enterprise, is BigCommerce's (Commerce.com's) primary rival with no structural barrier preventing it from copying features; a newer aggressive challenger, Rezolve Ai PLC, launched a hostile takeover bid against Commerce.com in April 2026.

Timeline

2026-06-012% Open Payment Provider Fee for non-approved gateways takes effect
2026-05-10Q1 2026 earnings detail shows NRR at 95.4%, below 100%
2026-05-07Q1 2026: revenue $86.8M (+5.4% YoY), GMV $8.3B (+14%), first GAAP profit ($3.7M net income)
2026-04-27Feedonomics Agentic Catalog Exports launched, syndicating catalogs to OpenAI and Google Gemini
2026-04-14Board adopts poison pill (rights plan) expiring April 12, 2027, in response to Rezolve bid
2026-04-08Board rejects Rezolve Ai's second hostile bid, a 1-for-2 exchange implying ~47% discount
2026-02-28Rezolve Ai makes first unsolicited 1:1 bid, implying ~29% discount; rejected
2026-01Company endorses Google's Universal Commerce Protocol (UCP)
2025-07-31Launch of new parent brand Commerce, unifying BigCommerce, Feedonomics, Makeswift
2023-11-30Restructuring cuts 176 employees (13% of workforce)

Revision history

22 July 2026

First assessed. Protection under test. The text above is fixed as of this date and is not edited afterwards.

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