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Jun 30, 2021
BigCommerce Q2 2021 Earnings Report
Reported a revenue increase of 35% and ARR increase of 38% compared to the prior year.
Key Takeaways
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.
Revenue by Segment
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.
Positive Outlook
- 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%
Challenges Ahead
- Non-GAAP operating loss between ($9.5) million and ($10.5) million.
- Non-GAAP operating loss between ($9.5) million and ($10.5) million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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