NASDAQ$CMRC
Commerce.com Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a revenue increase of 35% and ARR increase of 38% compared to the prior year.
BigCommerce announced its Q2 2021 financial results, reporting a total revenue of $49.0 million, a 35% increase compared to the second quarter of 2020. Total ARR was $209.3 million, up 38% compared to the prior year.
- Total revenue was $49.0 million, up 35% compared to the second quarter of 2020.
- Total annual revenue run-rate (ARR) as of June 30, 2021 was $209.3 million, up 38% compared to June 30, 2020.
- Subscription revenue was $34.0 million, up 42% compared to the second quarter of 2020.
- ARR from Enterprise Accounts was $122.7 million as of June 30, 2021, up 54% from June 30, 2020.
Headline financials
Revenue & EPS history
BigCommerce · Revenue · Quarterly
$49M
Revenue by segment
BigCommerce · $49M total across 2 segments · Q2 2021
- Subscription solutions$34M+42.1%69.3%
- Partner and services$15.1M+21.4%30.7%
Forward guidance
For the third quarter of 2021, the Company currently expects: Total revenue between $54.5 million and $55.0 million, translating into a year-over-year growth rate of 37% and 38%. Non-GAAP operating loss between ($9.5) million and ($10.5) million. For the full year 2021, the Company currently expects: Total revenue between $210.7 million and $211.7 million, translating into a year-over-year growth rate of 38% and 39%. Non-GAAP operating loss between ($30.3) million and ($32.3) million.
Tailwinds
- Total revenue between $54.5 million and $55.0 million, translating into a year-over-year growth rate of 37% and 38%.
- Total revenue between $54.5 million and $55.0 million
- Revenue growth rate of 37% and 38%
- Total revenue between $210.7 million and $211.7 million
- Revenue growth rate of 38% and 39%
Headwinds
- Non-GAAP operating loss between ($9.5) million and ($10.5) million.
- Non-GAAP operating loss between ($9.5) million and ($10.5) million
- Company’s third quarter and 2021 financial outlook is based on a number of assumptions that are subject to change
- There can be no assurance that the Company will achieve these results.
- The Company does not provide guidance for operating loss
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-2.4%
Avg return
Earnings day
-2.7%
Avg return
5 days after
-2.9%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+30.4%
Q3 2021
Best reaction
-32.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +23.3% | -1.0% | -2.1% | |
| Q4 2025 | -10.2% | +6.2% | +0.0% | |
| Q3 2025 | +0.6% | +11.1% | -0.6% | |
| Q1 2025 | +0.6% | +2.5% | +1.2% | |
| Q4 2024 | -6.7% | +2.7% | -10.5% | |
| Q3 2024 | +9.5% | +13.5% | +36.2% | |
| Q2 2024 | -23.8% | -27.4% | -27.7% | |
| Q1 2024 | +13.5% | +17.5% | +19.6% | |
| Q4 2023 | -4.8% | -4.7% | -11.8% | |
| Q3 2023 | -16.3% | -15.3% | -9.4% | |
| Q2 2023 | +20.4% | +9.0% | +8.2% | |
| Q1 2023 | +3.4% | +0.0% | +32.5% | |
| Q4 2022 | -18.9% | -15.6% | -24.4% | |
| Q3 2022 | -32.1% | -39.5% | -29.5% | |
| Q2 2022 | +3.3% | +4.4% | -15.7% | |
| Q1 2022 | +12.7% | +4.8% | +2.2% | |
| Q4 2021 | -13.7% | -17.3% | -12.3% | |
| Q3 2021 | +30.4% | +39.1% | -9.8% | |
| Q2 2021 | -8.7% | -9.9% | -14.3% | |
| Q1 2021 | -10.5% | -2.5% | +24.9% | |
| Q4 2020 | -10.5% | -16.5% | -23.7% | |
| Q3 2020 | -3.8% | -9.7% | -2.8% | |
| Q2 2020 | -12.8% | -14.3% | +2.5% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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