secwatch.observer — SEC 8-K summary
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Issuer:     Commerce.com, Inc. (CMRC)
CIK:        0001626450
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001193125-22-136762
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BigCommerce Q1 revenue $66.1M (+42% YoY) but net loss widens to $37M; guides Q2 revenue $64.6-67.5M
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- GAAP net loss $37.0M ($0.51/share) vs $8.5M ($0.12) a year ago; Non-GAAP loss $13.2M vs $3.1M.
- Total ARR $280.4M (+43% YoY); Enterprise ARR $189.0M (+68% YoY); subscription revenue $48M (+50%).
- Cash $377.3M; free cash flow negative $23.3M vs ($13.2M) prior year.
- Q2 revenue guidance $64.6-67.5M (32-38% YoY), below Q1's 42% growth; full-year revenue $277.8-286.6M.
- Acquired B2B Ninja and BundleB2B to strengthen B2B capabilities; launched Multi-Storefront.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626450/000119312522136762/0001193125-22-136762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626450/000119312522136762/d347619d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-136762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer