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Sep 30, 2020
BigCommerce Q3 2020 Earnings Report
BigCommerce's financial performance accelerated with revenue growth and strategic partnerships.
Key Takeaways
BigCommerce announced strong Q3 2020 results, with a 41% year-over-year increase in total revenue to $39.7 million and a 38% increase in Total ARR to $167.0 million.
Total revenue increased by 41% year-over-year, reaching $39.7 million.
Total ARR increased by 38% year-over-year, reaching $167.0 million.
GAAP operating loss was ($10.1) million, an improvement compared to ($10.3) million in Q3 2019.
Key brands like ChapStick, 5-Hour Energy, and Nikon Canada were added as merchants.
Revenue by Segment
Forward Guidance
For Q4 2020, BigCommerce anticipates total revenue between $38.3 million and $38.7 million, and a non-GAAP operating loss between ($10.0) million and ($9.7) million. For the full year 2020, the company expects total revenue between $147.5 million and $147.9 million, and a non-GAAP operating loss between ($29.9) million and ($29.6) million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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