{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-018424","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.854823+00:00","generated_at":"2026-06-05T19:26:45.458152+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BigCommerce Q4 revenue $84.1M (+16% YoY), adjusted EBITDA $6.5M; guides FY2024 rev $327-335M","bullets":["Q4 revenue $84.1M (+16% YoY); GAAP net loss ($3.2M) vs ($33.0M) a year ago; EPS ($0.04).","Q4 adjusted EBITDA $6.5M (8% margin) vs ($8.6M); operating cash flow $13.3M (16% of revenue).","FY2023 revenue $309.4M (+11% YoY); GAAP net loss ($64.7M) vs ($139.9M); adjusted EBITDA ($1.6M) vs ($43.6M).","Q1 2024 guidance: revenue $76-78M (6-9% YoY); Non-GAAP op income $1-2M. FY2024: rev $327-335M (6-8% YoY).","Launched Catalyst storefront, B2B Invoice Portal; customer wins include NVIDIA, MUJI, Mizuno."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-018424","json":"https://secwatch.observer/filing/0000950170-24-018424.json","markdown":"https://secwatch.observer/filing/0000950170-24-018424.md","text":"https://secwatch.observer/filing/0000950170-24-018424.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/0000950170-24-018424-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/bigc-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:26:45.458152+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":"69e26f9e639624dca684def5cf052d36c1a14cc6","claim":"Commerce.com, Inc. reported the fiscal year ended December 31, 2023 results: revenue $309.4 million, net income ($64.7) million, EPS ($0.86).","evidence_excerpt":"Fiscal Year 2023 Financial Highlights: • Total revenue was $309.4 million, up 11% compared to fiscal year 2022. • Subscription revenue was $229.3 million, up 11% compared to fiscal year 2022. • GAAP gross margin was 76%, compared to 75% in fiscal year 2022. Non-GAAP gross margin was 78%, compared to 76% in fiscal year 2022. Operating Loss and Non-GAAP Operating Income (Loss) • GAAP operating loss was ($72.4) million, compared to ($140.6) million in fiscal year 2022. • Non-GAAP operating loss was ($5.7) million, compared to ($47.0) million in fiscal year 2022. Net Income (Loss) and Earnings Per Share • GAAP net loss was ($64.7) million, compared to ($139.9) million in fiscal year 2022. • Non-GAAP net income (loss) was $2.1 million or 1% of revenue, compared to ($46.3) million or (16.6%) of revenue in fiscal year 2022. • GAAP net loss per share was ($0.86) based on 75.1 million shares of common stock, compared to ($1.91) based on 73.2 million shares of common stock in fiscal year 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/0000950170-24-018424-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$309.4 million"},{"label":"Net income","value":"($64.7) million"},{"label":"EPS","value":"($0.86)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e239c7cb55ea717818698793860dda5b868a29d0","claim":"Commerce.com, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $84.1 million, net income ($3.2) million, EPS ($0.04).","evidence_excerpt":"Fourth Quarter Total Revenue of $84.1 Million, an Increase of 16% Versus Prior Year; Fourth Quarter GAAP Net Loss ($3.2) Million, Compared to a Loss of ($33.0) Million Versus Prior Year; Fourth Quarter Adjusted EBITDA of $6.5 Million, a 20-point Increase in Adjusted EBITDA Versus Prior Year; Operating Cash Flow of $13.3 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/0000950170-24-018424-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$84.1 million"},{"label":"Net income","value":"($3.2) million"},{"label":"EPS","value":"($0.04)"},{"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"}