Bigcommerce Q4 Earnings Call Highlights

3 days ago 5

MarketBeat

Thu, February 12, 2026 astatine 9:34 AM CST 7 min read

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BigCommerce reported humble top-line maturation with fiscal 2025 gross of $342 million (+3% YoY) and Q4 gross of $89.5 million, portion improving profitability and currency procreation (non-GAAP operating income $28 million, FY operating currency travel $27 million, currency equilibrium $143 million) and expects to execute GAAP profitability successful 2026.
B2B and product-led momentum are cardinal drivers: B2B customers accounted for astir caller level ARR, B2B Edition subscription ARR grew astir 20%, and aboriginal traction for Surface showed users had astir 24 points higher GMV growth; absorption is besides gathering AI/agentic commerce integrations with OpenAI, Microsoft, Google and Perplexity.
The institution introduced level metrics—GMV (nearly $32 billion successful 2025) and company-wide NRR (95.2% successful Q4)—while retiring enterprise-specific disclosures, and plans to motorboat BigCommerce Payments with PayPal astir the extremity of Q1 2026 arsenic a monetization lever.
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Bigcommerce (NASDAQ:BIGC) executives utilized their fourth-quarter and fiscal 2025 net telephone to item operational improvements, increasing momentum successful B2B, and a displacement toward monetization initiatives tied to AI-driven commerce and payments. Management besides introduced caller reporting metrics—gross merchandise measurement (GMV) and company-wide nett gross retention (NRR)—while retiring enterprise-specific ARR disclosures.

For fiscal 2025, the institution reported gross of $342 million, up astir 3% twelvemonth implicit year. Non-GAAP operating income totaled $28 million, and absorption pointed to “strong improvements to currency generation.”

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In the 4th quarter, gross was $89.5 million, besides up 3% twelvemonth implicit year, according to CFO and COO Daniel Lentz. Lentz said Commerce expanded full-year non-GAAP operating borderline by 230 ground points versus 2024 and 990 ground points versus 2023, attributing the gains to ratio improvements and organizational simplification.

Operating currency travel was $3 million successful Q4 and $27 million for the afloat year. The institution ended 2025 with $143 million successful cash, currency equivalents, and marketable securities. Lentz besides said determination are “no worldly indebtedness maturities until 2028,” and nett indebtedness declined to $11 million from $33 million successful 2024.

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CEO Travis Hess said 2025 was a twelvemonth of “meaningful operational improvements” and foundation-building, with a strategy centered connected simplifying the business, realigning concern to higher-value initiatives, and gathering scalable infrastructure arsenic AI and “agentic commerce” alteration however merchants scope buyers.