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Dec 31, 2024
BigCommerce Q4 2024 Earnings Report
BigCommerce's Q4 2024 financial results were announced, with revenue up 3% and significant progress in go-to-market transformation.
Key Takeaways
BigCommerce reported a 3% increase in total revenue for Q4 2024, reaching $87.0 million. The company focused on executing its go-to-market transformation, aligning strategy and messaging. Total ARR reached $349.6 million, up 4% year-over-year, and Enterprise ARR grew by 7% to $261.6 million.
Total revenue increased by 3% to $87.0 million compared to Q4 2023.
Total ARR reached $349.6 million, a 4% increase year-over-year.
Subscription solutions revenue grew by 3% to $62.3 million.
GAAP loss from operations improved to ($0.8) million, compared to ($5.7) million in Q4 2023.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For Q1 2025, BigCommerce expects total revenue between $81.2 million and $83.2 million, with non-GAAP operating income between $4 million and $5 million. For the full year 2025, the company anticipates total revenue between $342.1 million and $350.1 million, and non-GAAP operating income between $20 million and $24 million.
Positive Outlook
- Expected total revenue between $81.2 million and $83.2 million for Q1 2025.
- Anticipated non-GAAP operating income between $4 million and $5 million for Q1 2025.
- Projected total revenue between $342.1 million and $350.1 million for FY 2025.
- Forecasted non-GAAP operating income between $20 million and $24 million for FY 2025.
- New global preferred partnership with Klarna to help merchants optimize checkout and conversion.
Challenges Ahead
- Financial outlook is based on assumptions subject to change and outside the company's control.
- Actual results may vary from these assumptions, impacting expectations.
- No assurance that the company will achieve the expected results.
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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