EVCM

MKT CAP:$2B

EverCommerce Inc.

Market Cap

$2B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$12.16+$0.61 (+5.28%)

Apr 17, 2026

Company Details

EverCommerce Inc., together with its subsidiaries, engages in providing integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include...

CEO

Eric Richard Remer

IPO Date

Jul 1, 2021

Website

www.evercommerce.com

Key Metrics TTM

Revenue

$613M

-1.8% YoY

Net Income

-$677.0K

EPS (Diluted)

-$0.00

Free Cash Flow

$119M

Revenue / Share

$3.34

Gross Margin

75.7%

Operating Margin

5.6%

Net Margin

-0.1%

FCF Margin

19.5%

P/S

3.4x

P/E

—

Earnings Reports

Q4 2025

May 14, 2026

PENDING

FY 2025

Mar 12, 2026

$589M-15.7%EPS $0.10

Q3 2025

Nov 6, 2025

$147M-16.3%EPS $0.06

Q2 2025

Aug 6, 2025

$148M+5.3%EPS $0.04

Q1 2025

May 8, 2025

$142M+3.2%EPS -$0.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$136M	$93M	-$6M
Q1 22	$144M	$93M	-$14M
Q2 22	$157M	$102M	-$6M
Q3 22	$158M	$100M	-$7M
Q4 22	$162M	$108M	-$4M
Q1 23	$161M	$105M	-$5M
Q2 23	$170M	$112M	$2M
Q3 23	$175M	$113M	$6M
Q4 23	$169M	$114M	-$361.0K
Q1 24	$138M	$106M	-$4M
Q2 24	$141M	$109M	$8M
Q3 24	$176M	$117M	$10M
Q4 24	$175M	$124M	-$12M
Q1 25	$142M	$111M	$14M
Q2 25	$148M	$115M	$16M
Q3 25	$147M	$114M	$16M

Valuation

Quarter	P/S	P/E
Q4 21	6.2x	—
Q1 22	4.7x	—
Q2 22	3.2x	—
Q3 22	3.6x	—
Q4 22	2.5x	—
Q1 23	3.2x	—
Q2 23	3.4x	—
Q3 23	2.8x	—
Q4 23	2.8x	—
Q1 24	2.6x	—
Q2 24	3.2x	—
Q3 24	3.0x	—
Q4 24	3.2x	—
Q1 25	2.9x	—
Q2 25	3.0x	—
Q3 25	3.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$24M	$20M
Q1 22	$13M	$8M
Q2 22	$11M	$6M
Q3 22	$14M	$9M
Q4 22	$27M	$23M
Q1 23	$13M	$8M
Q2 23	$28M	$23M
Q3 23	$27M	$21M
Q4 23	$36M	$30M
Q1 24	$13M	$8M
Q2 24	$24M	$19M
Q3 24	$28M	$23M
Q4 24	$48M	$44M
Q1 25	$31M	$25M
Q2 25	$27M	$19M
Q3 25	$33M	$32M

Capital Expenditures

Quarter	CapEx
Q4 21	$4M
Q1 22	$4M
Q2 22	$5M
Q3 22	$5M
Q4 22	$4M
Q1 23	$5M
Q2 23	$6M
Q3 23	$6M
Q4 23	$6M
Q1 24	$5M
Q2 24	$5M
Q3 24	$5M
Q4 24	$5M
Q1 25	$6M
Q2 25	$8M
Q3 25	$941.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+47.4%	+37.4%
Q1 22	+36.9%	+41.0%
Q2 22	+29.9%	+23.9%
Q3 22	+23.0%	+24.7%
Q4 22	+19.3%	+17.0%
Q1 23	+12.2%	+5.9%
Q2 23	+8.1%	+3.0%
Q3 23	+10.5%	+1.9%
Q4 23	+4.7%	+2.6%
Q1 24	-14.4%	-14.6%
Q2 24	-17.4%	-21.1%
Q3 24	+0.9%	-1.2%
Q4 24	+3.3%	+10.1%
Q1 25	+3.2%	-9.9%
Q2 25	+5.3%	-0.5%
Q3 25	-16.3%	-20.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$5M	3.9%
Q1 22	$6M	4.3%
Q2 22	$7M	4.1%
Q3 22	$7M	4.5%
Q4 22	$7M	4.4%
Q1 23	$8M	4.7%
Q2 23	$6M	3.7%
Q3 23	$6M	3.4%
Q4 23	$6M	3.5%
Q1 24	$6M	4.0%
Q2 24	$6M	4.6%
Q3 24	$8M	4.6%
Q4 24	$6M	3.6%
Q1 25	$7M	4.9%
Q2 25	$8M	5.6%
Q3 25	$7M	4.6%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 21	$14M	$31M	$26M
Q1 22	$18M	$31M	$30M
Q2 22	$17M	$33M	$30M
Q3 22	$19M	$32M	$29M
Q4 22	$18M	$36M	$30M
Q1 23	$19M	$35M	$31M
Q2 23	$18M	$35M	$31M
Q3 23	$19M	$31M	$30M
Q4 23	$19M	$31M	$32M
Q1 24	$19M	$32M	$28M
Q2 24	$19M	$33M	$29M
Q3 24	$20M	$34M	$31M
Q4 24	$19M	$36M	$31M
Q1 25	$20M	$31M	$29M
Q2 25	$19M	$32M	$31M
Q3 25	$19M	$34M	$27M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 21	47.4%	16.0%	63.5
Q1 22	36.9%	9.6%	46.5
Q2 22	29.9%	13.6%	43.5
Q3 22	23.0%	12.9%	35.9
Q4 22	19.3%	15.2%	34.5
Q1 23	12.2%	12.8%	25.1
Q2 23	8.1%	16.3%	24.5
Q3 23	10.5%	18.5%	29.0
Q4 23	4.7%	15.3%	20.0
Q1 24	-14.4%	13.5%	-0.9
Q2 24	-17.4%	21.1%	3.7
Q3 24	0.9%	18.1%	19.0
Q4 24	3.3%	5.7%	9.0
Q1 25	3.2%	22.6%	25.8
Q2 25	5.3%	21.9%	27.2
Q3 25	-16.3%	16.2%	-0.1

Rule of 40

Revenue Segments

Quarter	License and Service	Marketing Technology Solutions	Other Revenue
Q4 21	$100M	$29M	$7M
Q1 22	$108M	$30M	$6M
Q2 22	$116M	$35M	$6M
Q3 22	$120M	$36M	$2M
Q4 22	$122M	$33M	$7M
Q1 23	$124M	$32M	$6M
Q2 23	$130M	$34M	$5M
Q3 23	$133M	$37M	$5M
Q4 23	$133M	$30M	$6M
Q3 24	$138M	$34M	$4M
Q1 25	$138M	—	$4M
Q2 25	$143M	—	$5M
Q3 25	$142M	—	$5M

Revenue by Geography

Quarter	Non-US	United States
Q4 21	$14M	$122M
Q1 22	$13M	$130M
Q2 22	$16M	$142M
Q3 22	$12M	$146M
Q4 22	$13M	$149M
Q1 23	$12M	$149M
Q2 23	$18M	$153M
Q3 23	$15M	$160M
Q4 23	$16M	$153M
Q3 24	$14M	$162M
Q4 24	$15M	$160M
Q1 25	$15M	$127M
Q2 25	$16M	$132M
Q3 25	$18M	$129M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$101M	$0	$101M
Q2 22	$105M	$0	$105M
Q3 22	$91M	$0	$91M
Q4 22	$93M	$0	$93M
Q1 23	$70M	$0	$70M
Q2 23	$83M	$0	$83M
Q3 23	$87M	$0	$87M
Q4 23	$93M	$0	$93M
Q1 24	$90M	$0	$90M
Q2 24	$87M	$0	$87M
Q3 24	$102M	$0	$102M
Q4 24	$136M	$0	$136M
Q1 25	$148M	$0	$148M
Q2 25	$151M	$0	$151M
Q3 25	$107M	$0	$107M
Q4 25	$130M	$0	$130M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	195M	+3.9%	-0.1%
Q1 22	195M	+0.0%	+1.5%
Q2 22	196M	+0.1%	+1.6%
Q3 22	195M	-0.6%	+3.5%
Q4 22	193M	-0.8%	-1.3%
Q1 23	190M	-1.5%	-2.8%
Q2 23	188M	-0.9%	-3.8%
Q3 23	189M	+0.3%	-2.9%
Q4 23	189M	-0.1%	-2.2%
Q1 24	187M	-1.1%	-1.8%
Q2 24	185M	-0.8%	-1.6%
Q3 24	184M	-0.6%	-2.5%
Q4 24	184M	-0.3%	-2.6%
Q1 25	185M	+0.9%	-0.8%
Q2 25	184M	-0.5%	-0.5%
Q3 25	184M	-0.3%	-0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$61.7K	2K
Q1 22	$65.3K	2K
Q2 22	$71.5K	2K
Q3 22	$71.9K	2K
Q4 22	$70.3K	2K
Q1 23	$70.1K	2K
Q2 23	$73.9K	2K
Q3 23	$76.0K	2K
Q4 23	$80.7K	2K
Q1 24	$65.6K	2K
Q2 24	$66.9K	2K
Q3 24	$83.9K	2K
Q4 24	$87.5K	2K
Q1 25	$71.1K	2K
Q2 25	$74.0K	2K
Q3 25	$73.7K	2K

Revenue / Employee