BigCommerce Open SaaS and composable platform for ecommerce

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Bigmerce (BIGC) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:30
Financial Performance - BigCommerce's ARR reached $351 million[13] - Enterprise account ARR grew by 80%[14] - Q1'25 non-GAAP gross margin was 80%[81] compared to 78% in Q1'24[81] - Net Loss was $(353) thousand[79] compared to $(6,392) thousand[79] year over year - Non-GAAP Operating Income was $7,589 thousand[81] compared to $3,163 thousand[81] year over year Enterprise Segment - Enterprise ARR accounts for 75% of the total $351 million ARR, equaling $264 million[15] - Enterprise account ARPA is $45,290[15], with a 9% increase in Q1'25 and 6% increase in Q1'24[15] - The company has 5,825 enterprise accounts[15], a decrease of 2% in Q1'25 but an increase of 2% in Q1'24[15] - BigCommerce is focused on winning in the mid-market and enterprise segments to drive Enterprise ARR growth[20] Market and Strategy - Ecommerce platform spend is forecasted to grow to $165 billion in 2027[27] - BigCommerce uniquely combines the flexibility of open-source with API-first composability and the benefits of multi-tenant SaaS[29]