{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037951","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.603087+00:00","generated_at":"2026-06-12T08:28:29.074416+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BigCommerce Q2 revenue up 11% to $75.4M; reaches adjusted EBITDA profitability milestone","bullets":["Total revenue $75.4M (+11% YoY), ARR $331.1M (+12% YoY), Enterprise ARR $236.4M (+14% YoY).","GAAP net loss narrowed to ($19.1M) from ($39.6M); non-GAAP net loss ($1.5M) or (2%) of revenue.","Adjusted EBITDA loss improved to ($2.5M) from ($12.9M); Q2 free cash flow positive $13.7M.","Leadership changes: Steven Chung hired as President; Daniel Lentz promoted to CFO; Hubert Ban appointed CAO.","Q3 2023 guidance: revenue $76.3M-$79.3M (5-10% YoY); FY2023 revenue $304M-$310M (9-11% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037951","json":"https://secwatch.observer/filing/0000950170-23-037951.json","markdown":"https://secwatch.observer/filing/0000950170-23-037951.md","text":"https://secwatch.observer/filing/0000950170-23-037951.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023037951/0000950170-23-037951-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023037951/bigc-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:28:29.074416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f0c5813c53ab0b0c4e0d0694951f451a53065ffc","claim":"Commerce.com, Inc. reported second quarter ended June 30, 2023 results: revenue $75.4 million, net income ($19.1) million, EPS ($0.25).","evidence_excerpt":"Total revenue was $75.4 million, up 11% compared to the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023037951/0000950170-23-037951-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$75.4 million"},{"label":"Net income","value":"($19.1) million"},{"label":"EPS","value":"($0.25)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}