EverCommerce (EVCM) Q2 Revenue Up 5%

Core Insights - EverCommerce reported Q2 2025 revenue of $148.0 million, exceeding analyst expectations of $145.4 million, and achieved a net income of $0.03 per share, a significant improvement from a loss in the prior year [1][5][6] Financial Performance - Revenue increased by 5.3% year-over-year from $140.5 million in Q2 2024 [2] - Adjusted EBITDA rose 14.2% to $45.0 million compared to $39.4 million in Q2 2024 [2][6] - Adjusted gross profit improved to $114.6 million, reflecting a 5.1% year-over-year gain [6] - Subscription and transaction fee revenue reached $142.8 million, with pro forma growth of 7.4% in Q2 2025 [7] Company Background and Strategy - EverCommerce provides SaaS solutions to over 740,000 businesses in home services, health, and wellness, focusing on digitizing operations for SMBs [3] - The company aims for revenue reacceleration, cost efficiency, and market share expansion through tailored integrated solutions and cross-selling [4] Operational Developments - The company repurchased 2.0 million shares for $20.6 million, with an additional $51.1 million authorized for future buybacks [7] - Customer adoption of integrated solutions is a key performance driver, with 244,000 customers using multiple solutions, reflecting a 28% growth year-over-year [9] Future Outlook - Management provided revenue guidance for FY2025 of $581.0–$601.0 million and Adjusted EBITDA guidance of $171.0–$177.0 million [11] - Ongoing cost control and digital adoption are expected to drive future performance [12]