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BigCommerce Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 11:00
Financial Performance - Total revenue for the first quarter of 2025 was $82.4 million, representing a 3% increase compared to the same period in 2024 [7] - Total annual revenue run-rate (ARR) as of March 31, 2025, was $350.8 million, also up 3% year-over-year [7] - Subscription solutions revenue reached $62.1 million, a 2% increase from the first quarter of 2024 [7] - ARR from enterprise accounts was $263.8 million, marking a 6% increase year-over-year, with enterprise accounts constituting 75% of total ARR [7] - GAAP gross margin improved to 79%, up from 77% in the first quarter of 2024, while non-GAAP gross margin increased to 80% from 78% [7] - The company reported a GAAP loss from operations of $2.4 million, significantly reduced from a loss of $8.2 million in the prior year [7] - Non-GAAP operating income was $7.6 million, compared to $3.2 million in the first quarter of 2024 [7] Business Strategy and Leadership - The CEO of BigCommerce highlighted ongoing transformation efforts, including positive increases in pipeline and leads, and emphasized the importance of reaccelerating growth [2] - The company has brought in new leadership with expertise in SaaS and commerce to strengthen its core offerings [2] - BigCommerce hosted its 2025 Investor Day to discuss strategic vision, product offerings, and long-term growth opportunities [12] Product and Customer Developments - BigCommerce announced updates to its Catalyst storefront technology, enhancing marketing usability and performance [12] - New B2B product enhancements were introduced to improve sales team efficiency and streamline processes [12] - The company launched a three-pronged product initiative to enhance the app-building experience for developers [12] - Notable customer migrations included Kittery Trading Post and EGO, showcasing the platform's capabilities [12] Cash Flow and Financial Outlook - Cash, cash equivalents, restricted cash, and marketable securities totaled $121.9 million as of March 31, 2025 [13] - Net cash provided by operating activities was $401 thousand, a significant improvement from a cash outflow of $3.4 million in the same period in 2024 [13] - The company expects total revenue for the second quarter of 2025 to be between $82.5 million and $83.5 million [15]
BIGC Launches Ticket Sales for YE(Kanye West)'s YE LIVE IN KOREA, PRESENTED BY COUPANG PLAY
GlobeNewswire News Room· 2025-05-07 05:55
Group 1 - BIGC has launched ticket sales for YE's concert in Korea, titled "YE LIVE IN KOREA," presented by Coupang Play [2][4] - The concert is scheduled for May 31, 2025, at Incheon Munhak Stadium and will feature the first live performance of the Donda 2 album, marking YE's first solo concert in Korea in nearly nine years [3][4] - Tickets are available globally, targeting overseas fandoms, with a purchase limit of four tickets per person, and are exclusively available in Korea through Coupang Play [4] Group 2 - BIGC is enhancing its reputation in global live streaming and concert production, aiming to connect artists with fans worldwide through unforgettable experiences [5]
BigCommerce Taps Klarna as Global Preferred Partner for Flexible Payment Solutions
Globenewswire· 2025-05-06 12:00
Through this global partnership, BigCommerce merchants can tap into Klarna's global reach and flexible payment options to optimize checkout experiences, boost conversion rates and drive revenue growth AUSTIN, Texas, May 06, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payme ...
BigCommerce Taps Technology Industry Veteran with Strong Record of Innovation as Chief Product Officer
GlobeNewswire News Room· 2025-05-05 12:00
AUSTIN, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Vipul Shah has joined the company as its new Chief Product Officer, bringing over two decades of experience building innovative products and business models at PayPal, Google, J.P. Morgan and Wells Fargo. At BigCommerce, Shah leads product management, product design and product strategy gr ...
BigCommerce and Feedonomics Announce Winners of APAC Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce
Globenewswire· 2025-04-29 12:00
Core Insights - BigCommerce announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards, recognizing innovative customers and partners in the ecommerce space [1][2] Customer Awards - The 2025 BigCommerce Customer Award winners include: - Achievement in Growth: Bulk Nutrients - B2B Excellence Award: Ultraceuticals - Design Award: Coco Republic - Shopper Experience Award: Adore Beauty - Innovation Award: Vivo Hair Salon [4] Agency Partner Awards - The 2025 BigCommerce Agency Partner winners include: - Agency Partner of the Year: Aligent - Agency B2B Excellence Award: Terabyte - User Experience & Design Award: Moustache Republic - Creative Problem Solving Award: Aligent - Excellence in Delivery Award: Web Force 5 [6][7] Technology Partner Awards - The 2025 BigCommerce Technology Partner winners include: - Tech Partner of the Year: PayPal - Innovative Integration Award: Marketplacer - Customer Growth Award: Klaviyo - User Experience Award: Stripe [9] Feedonomics Partner Awards - The 2025 Feedonomics Partner winners include: - Feedonomics Partner of the Year: Incubeta - Emerging Partner: Amblique [11]
BigCommerce and Silk Commerce Launch Distributed Ecommerce Hub to Power Scalable Storefront Networks for Dealers, Distributors and Franchises
GlobeNewswire News Room· 2025-04-28 12:00
Core Insights - BigCommerce has launched the Distributed Ecommerce Hub, a joint solution with Silk Commerce, aimed at empowering manufacturers, brands, and franchisors to create and manage branded ecommerce storefronts for their networks [1][2]. Group 1: Product Features - The Distributed Ecommerce Hub allows organizations to create hundreds or thousands of storefronts with centralized control over branding, catalog, and reporting while providing local flexibility for each partner [2]. - It is designed for businesses that have outgrown traditional multi-storefront architecture or require deeper enablement across distributed sales channels [2]. - The solution enables brands to manage their entire network from a single platform, improving partner performance and increasing channel control while maintaining brand consistency [3]. Group 2: Market Positioning - The launch of the Distributed Ecommerce Hub is a response to the growing demand for scalable B2B2X ecommerce infrastructure [2]. - The platform is built on BigCommerce's B2B Edition and Multi-Storefront capabilities, enhanced by a turnkey portal experience developed by Silk Commerce [3]. - It supports a wide range of use cases, from five storefronts to over 5,000, catering to complex, distributed organizations [3]. Group 3: Company Background - BigCommerce is a leading open SaaS and composable ecommerce platform that serves brands, retailers, manufacturers, and distributors globally [4]. - The company provides sophisticated functionality, customization, and performance, with a user-friendly approach, serving tens of thousands of B2C and B2B companies across 150 countries [4]. - Silk Commerce specializes in high-performance ecommerce solutions for enterprise businesses, focusing on ERP integration and custom portal development [5].
Feedonomics Simplifies First-Party Selling for Large Brands, Manufacturers and Distributors with New Amazon Vendor Central Integration
Newsfilter· 2025-04-23 12:00
Sellers best positioned to benefit from the Feedonomics integration with Amazon 1P include: To use the new integration, companies must be an Amazon vendor with a Vendor Central account and supply Feedonomics with the full product catalog data required for listings. Learn more about the Amazon Vendor Central integration and request a complimentary marketplace data review by visiting Feedonomics. About Feedonomics AUSTIN, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- Feedonomics, part of the BigCommerce family of ...
BigCommerce and Noibu Share Joint Vision of Curated Composability to Deliver Seamless Site Performance and Accelerated Innovation for Online Merchants
Globenewswire· 2025-04-22 12:00
Expanded partnership would ensure BigCommerce and Noibu can support merchants at every stage of growth to optimize conversion rates, scale traffic during peak seasons or maintain performance across complex ecommerce architectures AUSTIN, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced discussions regarding a potential expansion of its commercial partnership with Noibu, a lead ...
BigCommerce and Feedonomics Announce Winners of Americas Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce
Newsfilter· 2025-04-21 12:00
Core Insights - BigCommerce announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards in the Americas region, recognizing innovative customers and partners on their platforms [1][2] - The awards featured 24 categories evaluated by a panel of BigCommerce and Feedonomics employees and executives, highlighting exceptional achievements in ecommerce [2] BigCommerce Customer Awards - Achievement in Growth Award recognizes exceptional growth and success achieved with BigCommerce [4] - B2B Excellence Award acknowledges leadership in B2B ecommerce [4] - Design Award celebrates captivating storefront designs [4] - Shopper Experience Award honors exceptional customer experiences [4] - Innovation Award recognizes cutting-edge ecommerce solutions [4] Feedonomics Customer Awards - Feedonomics Innovative Integration Award recognizes exceptional creativity in integrating Feedonomics [6] - Feedonomics Exemplary Efficiency Award honors outstanding operational efficiency achieved with Feedonomics [6] - Feedonomics Global Expansion Award acknowledges successful international market expansion using Feedonomics [6] - Achievement in Growth Award presented to DoorDash for exceptional growth with Feedonomics [7] BigCommerce Agency Partner Awards - Agency Partner of the Year awarded for best overall performance in EMEA [9] - Agency B2B Excellence Award recognizes agency partners excelling in B2B solutions [9] - Catalyst Delivery Award honors agencies leveraging Catalyst for custom development [10] - User Experience & Design Award awarded for visually appealing designs enhancing user experience [10] - Excellence in Delivery Award recognizes agencies launching BigCommerce storefronts on time and budget [10] BigCommerce Technology Partner Awards - Tech Partner of the Year awarded to Klaviyo for superior user experience [12] - Innovative Integration Award given to ResolvePay for solving critical needs [12] - Customer Growth Award presented to TradeCentric for generating significant revenue growth [12] - Technology B2B Excellence Award awarded to BlueSnap for meeting B2B customer needs [12] - Emerging Partner Award given to Wayflyer for superior user experience and growth [12] Feedonomics Partner Awards - Feedonomics Partner of the Year awarded to Power Digital for highest revenue sourcing [14] - Innovation Award recognizes partnership with Walmart for disrupting legacy technology [14] - Emerging Partner Award celebrates MediaScale Partners for exceptional promise and leadership [15]
BigCommerce to Announce First Quarter 2025 Financial Results on May 8, 2025
Newsfilter· 2025-04-16 20:30
Core Viewpoint - BigCommerce Holdings, Inc. will report its financial results for Q1 2025 on May 8, 2025, before market open [1] Group 1: Financial Reporting - The financial results and business highlights will be discussed in a conference call and webcast on May 8, 2025, at 7:00 a.m. CT [2] - A telephone replay of the conference call will be available until May 15, 2025, with specific dialing instructions provided [3] Group 2: Company Overview - BigCommerce is a leading open SaaS and composable ecommerce platform that supports B2C and B2B brands and retailers [4] - The platform is utilized by tens of thousands of companies across 150 countries, including notable brands like Coldwater Creek and Harvey Nichols [4]