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.
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.
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