---
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"
generated_at: "2026-06-12T08:28:29.074416+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BigCommerce Q2 revenue up 11% to $75.4M; reaches adjusted EBITDA profitability milestone

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037951
- JSON: https://secwatch.observer/filing/0000950170-23-037951.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037951.txt

## Key facts
- Earnings Releases
  Commerce.com, Inc. reported second quarter ended June 30, 2023 results: revenue $75.4 million, net income ($19.1) million, EPS ($0.25).
  - Period: second quarter ended June 30, 2023
  - Revenue: $75.4 million
  - Net income: ($19.1) million
  - EPS: ($0.25)
  - Result: reported results
  source text: Total revenue was $75.4 million, up 11% compared to the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626450/000095017023037951/0000950170-23-037951-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.