---
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"
generated_at: "2026-06-05T19:26:45.458152+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BigCommerce Q4 revenue $84.1M (+16% YoY), adjusted EBITDA $6.5M; guides FY2024 rev $327-335M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-018424
- JSON: https://secwatch.observer/filing/0000950170-24-018424.json
- Plain text: https://secwatch.observer/filing/0000950170-24-018424.txt

## Key facts
- Earnings Releases
  Commerce.com, Inc. reported the fiscal year ended December 31, 2023 results: revenue $309.4 million, net income ($64.7) million, EPS ($0.86).
  - Period: the fiscal year ended December 31, 2023
  - Revenue: $309.4 million
  - Net income: ($64.7) million
  - EPS: ($0.86)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/0000950170-24-018424-index.htm
- Earnings Releases
  Commerce.com, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $84.1 million, net income ($3.2) million, EPS ($0.04).
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $84.1 million
  - Net income: ($3.2) million
  - EPS: ($0.04)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1626450/000095017024018424/0000950170-24-018424-index.htm

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