NASDAQ$CMRC

Commerce.com Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

BigCommerce's Q4 2020 earnings showcased significant growth, with revenue increasing and ARR reaching $181.2 million.

BigCommerce announced strong Q4 2020 financial results, featuring a 39% year-over-year increase in total revenue to $43.1 million and a 41% year-over-year increase in total ARR to $181.2 million. The company demonstrated its ability to disrupt the mid-market and large enterprise market segments, with a 51% year-over-year growth in enterprise account ARR.

  • Total revenue increased by 39% year-over-year, reaching $43.1 million.
  • Total ARR grew by 41% year-over-year, totaling $181.2 million.
  • Enterprise account ARR increased by 51% year-over-year.
  • GAAP net loss was ($14.2) million, compared to ($10.3) million in the fourth quarter of 2019.

Headline financials

Total Revenue

$43.1M

Previous: $31M+39.1%
EPS (adj)

-$0.12

Previous: -$0.18+33.7%
Total ARR

$181M

Previous: $181M+0.0%
Enterprise Accounts ARR

$101M

Previous: $101M+0.0%
ARPA of Enterprise Accounts

$14.6K

No prior period
Net Income

-$14.2M

Previous: -$10.3M-38.0%
Operating Income

-$13.8M

Previous: -$9.76M-41.5%
Gross Profit

$32.9M

Previous: $23M+43.4%
Cash & Equivalents

$219M

No prior period
Total Assets

$277M

No prior period
Stock-Based Comp

$6.02M

No prior period

Revenue & EPS history

BigCommerce · Revenue · Quarterly

$43.1M

Q4 2020+39.1%vs Q4 2019
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Revenue by segment

BigCommerce · $43.1M total across 2 segments · Q4 2020

  • Subscription solutions
    $29.7M+33.1%
  • Partner and services
    $13.5M+54.3%

Forward guidance

For the first quarter of 2021, BigCommerce expects total revenue between $41.8 million and $42.3 million, and a non-GAAP operating loss between ($8.2) million and ($7.9) million. For the full year 2021, the company anticipates total revenue between $189.0 million and $191.0 million, and a non-GAAP operating loss between ($34.5) million and ($33.3) million.

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 Q4 2020

Historical avgQ4 2020

-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

Earnings price reactions
QuarterReport dateReaction (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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