Commerce.com Inc · Q4 2021 earnings

Briefing

BigCommerce's Q4 2021 earnings were announced, showing a year-over-year revenue increase of 50% and total ARR increase of 48%.

BigCommerce announced strong Q4 2021 financial results, with total revenue reaching $64.9 million, a 50% increase year-over-year. The company's total ARR reached $268.7 million, a 48% increase year-over-year. Growth was driven by international expansion and enterprise growth, with EMEA and APAC revenues increasing by 60% and 54%, respectively.

• Total revenue was $64.9 million, up 50% compared to Q4 2020.
• Total ARR was $268.7 million, up 48% compared to December 31, 2020.
• Subscription revenue was $46.9 million, up 58% compared to Q4 2020.
• ARR from Enterprise Accounts was $172.9 million, up 72% from December 31, 2020.

Headline financials

Revenue & EPS history

For Q1 2022, BigCommerce expects total revenue between $61.9 million and $65.1 million, representing a year-over-year growth rate of 33% and 40%. They also anticipate a non-GAAP operating loss between ($11.5) million and ($13.5) million. For the full year 2022, the company expects total revenue between $271.6 million and $283.6 million, a year-over-year growth rate of 24% and 29%, with a non-GAAP operating loss between ($45.9) million and ($53.9) million.