EverCommerce (EVCM) financial statements
EverCommerce reported revenue of $589M in fiscal 2025, up 16.0% a year over 6 years.
Net income was $18M and the operating margin 10.1%, against -22.4% in 2019.
Free cash flow was $80M, and the company returned $85M in net buybacks.
The diluted share count rose 579% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EverCommerce's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $242M | $338M | $490M | $621M | $535M | $562M | $589M |
| Cost of revenue | $73M | $115M | $162M | $217M | $127M | $125M | $132M |
| Gross profit | $169M | $223M | $328M | $403M | $407M | $437M | $457M |
| Research and development | $26M | $30M | $50M | $72M | $72M | $76M | $79M |
| Selling, general and admin | $144M | $137M | $204M | $252M | $237M | $243M | $251M |
| Operating income | -$54M | -$22M | -$27M | -$31M | -$3M | $26M | $59M |
| Interest expense | — | — | — | $29M | $44M | $42M | $35M |
| Pre-tax income | -$110M | -$64M | -$92M | -$64M | -$49M | -$9M | $21M |
| Income tax | -$16M | -$4M | -$10M | -$5M | $1M | $6M | $3M |
| Net income | -$94M | -$60M | -$82M | -$60M | -$46M | -$41M | $18M |
| EPS (diluted) | -$14.13 | -$3.06 | -$0.82 | -$0.31 | -$0.24 | -$0.22 | $0.10 |
| Diluted shares | 27M | 42M | 118M | 195M | 189M | 185M | 184M |
| Gross margin | 69.8% | 65.9% | 66.9% | 65.0% | 76.2% | 77.8% | 77.6% |
| Operating margin | -22.4% | -6.5% | -5.5% | -4.9% | -0.5% | 4.7% | 10.1% |
| Net margin | -38.7% | -17.8% | -16.7% | -9.6% | -8.5% | -7.3% | 3.0% |
Balance sheet
Fiscal years, from EverCommerce's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $57M | $96M | $94M | $93M | $93M | $136M | $130M |
| Receivables | — | $25M | $41M | $48M | $45M | $31M | $37M |
| Total current assets | — | $144M | $172M | $181M | $180M | $218M | $213M |
| Property, plant and equipment | — | $15M | $14M | $12M | $10M | $6M | $6M |
| Goodwill | $427M | $668M | $921M | $914M | $876M | $863M | $894M |
| Total assets | — | $1.3B | $1.7B | $1.6B | $1.5B | $1.4B | $1.4B |
| Total current liabilities | — | $87M | $103M | $105M | $117M | $111M | $101M |
| Long-term debt | — | $691M | $535M | $531M | $527M | $522M | $518M |
| Total liabilities | — | $808M | $678M | $685M | $692M | $670M | $655M |
| Shareholders' equity | -$275M | -$389M | $986M | $907M | $826M | $751M | $717M |
| Net debt | -$57M | $602M | $452M | $444M | $440M | $392M | $394M |
Cash flow
Fiscal years, from EverCommerce's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$613,000 | $58M | $37M | $65M | $105M | $113M | $111M |
| Capital spending | $13M | $13M | $15M | $18M | $23M | $19M | $32M |
| Free cash flow | -$14M | $44M | $23M | $47M | $82M | $94M | $80M |
| Stock-based compensation | $30M | $11M | $22M | $27M | $26M | $26M | $28M |
| Share buybacks (net) | -$24M | $0 | $0 | -$43M | -$67M | -$58M | -$85M |
| Net borrowing | $213M | $259M | -$177M | -$10M | -$6M | -$6M | -$6M |
| Free cash flow margin | -5.8% | 13.2% | 4.6% | 7.5% | 15.2% | 16.8% | 13.5% |
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What was EverCommerce's revenue in 2025?
$589M in fiscal 2025, from its 10-K filing.
How much free cash flow does EverCommerce generate?
$80M in fiscal 2025 (operating cash flow minus capital spending).
From EverCommerce's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.