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EVCM

EverCommerce Inc.

EVCM

EverCommerce Inc. • NASDAQ
$8.68 ▲ 0.81% (+0.07)
Market Cap $1.59 B
52w High $12.34
52w Low $7.66
Dividend Yield 0%
P/E -108.5
Volume 118.16K
Outstanding Shares 182.66M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $147.466M ▼ $98.038M ▼ $11.116M ▲ 7.538% ▲ $0.06 ▲ $23.944M ▼
Q2-2025 $148.015M ▲ $98.818M ▲ $8.153M ▲ 5.508% ▲ $0.045 ▲ $32.392M ▲
Q1-2025 $142.273M ▼ $96.88M ▼ $-7.713M ▲ -5.421% ▲ $-0.04 ▲ $32.164M ▲
Q4-2024 $174.999M ▼ $135.969M ▲ $-12.233M ▼ -6.99% ▼ $-0.067 ▼ $10.01M ▼
Q3-2024 $176.26M $107.068M $-9.156M -5.195% $-0.05 $31.908M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $106.899M ▼ $1.403B ▼ $674.592M ▼ $728.544M ▼
Q2-2025 $151.06M ▲ $1.419B ▲ $675.027M ▲ $743.978M ▲
Q1-2025 $148.408M ▲ $1.414B ▼ $674.531M ▲ $739.569M ▼
Q4-2024 $135.782M ▲ $1.421B ▼ $670.442M ▼ $750.826M ▼
Q3-2024 $101.574M $1.451B $680.391M $770.743M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $11.116M ▲ $32.524M ▲ $-42.709M ▼ $-32.766M ▼ $-43.761M ▼ $31.583M ▲
Q2-2025 $8.153M ▲ $26.981M ▼ $-8.102M ▼ $-17.309M ▼ $2.652M ▼ $18.879M ▼
Q1-2025 $-7.713M ▲ $30.678M ▼ $-5.643M ▼ $-12.267M ▼ $12.626M ▼ $25.12M ▼
Q4-2024 $-12.233M ▼ $48.413M ▲ $-4.628M ▼ $-8.273M ▲ $34.208M ▲ $43.785M ▲
Q3-2024 $-9.156M $27.534M $857K $-17.151M $11.533M $23.009M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
License and Service
License and Service
 $280.00M ▲$140.00M ▼$140.00M ▲$140.00M ▲
Other Revenue
Other Revenue
 $10.00M ▲$0 ▼$10.00M ▲$10.00M ▲
Marketing Technology Solutions
Marketing Technology Solutions
 $60.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement EverCommerce’s revenue has grown steadily over the past several years, and its core software and services appear to carry healthy gross margins. Operating results have moved from clear losses toward roughly break-even at the operating level, and cash-focused metrics like EBITDA have stayed positive. That said, the company still reports accounting losses at the bottom line, though those losses have been gradually narrowing. Overall, the trend suggests a business that is scaling and improving efficiency, but not yet consistently profitable under standard accounting.

Balance Sheet

Balance Sheet The balance sheet shows a business that carries a meaningful, but not extreme, amount of debt alongside a solid base of equity. Total assets have edged down slightly from prior peaks, which can reflect some combination of divestments, amortization of acquired intangibles, or a more selective acquisition pace. Cash on hand is modest but relatively stable, so liquidity does not look overly tight, yet there is not a large cash cushion either. The gradual build in equity over time points to a slow strengthening of the capital base, even as the company still relies on debt financing.

Cash Flow

Cash Flow EverCommerce’s cash flow profile is a key positive. The company has generated consistently positive cash from its operations, and free cash flow has been positive and improving, even while it continues to invest in its platform and infrastructure. Capital spending is relatively modest compared with the cash coming in, which helps support flexibility for acquisitions or debt reduction. In short, while accounting earnings remain negative, the underlying cash engine of the business appears to be functioning well and trending in the right direction.

Competitive Edge

Competitive Edge EverCommerce occupies a focused niche in vertical software for service-based small and mid-sized businesses, which gives it a different profile than broad, horizontal software providers. Its main edge comes from deeply tailored solutions in specific industries—home and field services, healthcare practices, and fitness and wellness—combined with integrated payments and marketing tools. By owning multiple critical systems for the same customer and tying them together, the company creates high switching costs: it is painful for a client to rip out scheduling, billing, CRM, and engagement tools all at once. However, competition is intense across each vertical, and EverCommerce’s acquisition-heavy model requires ongoing success in integrating new products and defending its customer base from both niche specialists and large horizontal platforms.

Innovation and R&D

Innovation and R&D Innovation at EverCommerce is less about inventing single breakthrough products and more about buying, improving, and tightly integrating specialized tools into cohesive suites (EverPro, EverHealth, EverWell). This “buy-and-build” approach has allowed it to move quickly into new niches and deepen functionality in existing ones. Recently, the company has begun layering artificial intelligence into its platform—most notably via an AI customer engagement acquisition—aimed at automating tasks like appointment booking and customer responses. If executed well, this could strengthen customer stickiness and raise the value of its software. The flip side is that integration complexity rises with each acquisition, and success depends on maintaining a coherent user experience, keeping products modern, and turning AI investments into clear, measurable benefits for customers rather than just marketing buzz.

Summary

EverCommerce looks like a vertically focused SaaS consolidator that is maturing: revenue is growing, margins are improving, and cash generation is solid, yet the firm still reports accounting losses and carries a moderate debt load. Its strategy centers on owning mission-critical tools for service-based SMBs and stitching them into integrated suites, which creates meaningful customer stickiness and a defensible niche, particularly in home services and smaller healthcare and wellness practices. The company’s push into AI and continued portfolio shaping—acquiring in some areas while divesting in others—suggests a clearer focus on its highest-conviction verticals. Key things to watch going forward include the path to consistent profitability, the ability to keep integrating acquisitions smoothly, competitive pressure in each vertical, and whether AI-enabled features truly deepen customer value and retention. Overall, the story is one of a specialized software platform with visible strengths and improving fundamentals, balanced by ongoing execution and competitive risks typical of acquisition-driven SaaS models.

NEWS

November 17, 2025 · 8:00 AM UTC

EverCommerce to Present at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

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November 6, 2025 · 4:05 PM UTC

EverCommerce Announces Third Quarter 2025 Financial Results

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October 31, 2025 · 10:00 AM UTC

Ignite Visibility Partners with Leading Marketing Technology Services Provider EverConnect to Deepen Lead Generation, Home Services, and Healthcare Capabilities

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October 31, 2025 · 9:00 AM UTC

EverCommerce Announces Sale of Its Marketing Technologies Solutions to Ignite Visibility

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October 21, 2025 · 12:00 PM UTC

EverCommerce Announces Date of Third Quarter 2025 Earnings Call

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