Evercommerce Inc. Financials
This page shows Evercommerce Inc. (EVCM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Evercommerce Inc. has an operating margin of 0.0%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 0.4% the prior year.
Evercommerce Inc.'s revenue grew a modest 3.5% year-over-year to $698.8M. This slow but positive growth earns a score of 38/100.
Evercommerce Inc. carries a low D/E ratio of 0.70, meaning only $0.70 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.
Evercommerce Inc.'s current ratio of 1.97 indicates adequate short-term liquidity, earning a score of 59/100. The company can meet its near-term obligations, though with limited headroom.
Evercommerce Inc. converts 16.0% of revenue into free cash flow ($111.7M). This strong cash generation earns a score of 80/100.
Evercommerce Inc. scores 1.58, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.8B) relative to total liabilities ($670.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Evercommerce Inc. passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Evercommerce Inc. generates $-2.75 in operating cash flow ($113.2M OCF vs -$41.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Evercommerce Inc. earns $0.0 in operating income for every $1 of interest expense ($252K vs $41.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Evercommerce Inc. generated $698.8M in revenue in fiscal year 2024. This represents an increase of 3.5% from the prior year.
Evercommerce Inc.'s EBITDA was $89.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 16.5% from the prior year.
Evercommerce Inc. generated $111.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 10.0% from the prior year.
Evercommerce Inc. reported -$41.1M in net income in fiscal year 2024. This represents an increase of 9.9% from the prior year.
Evercommerce Inc. earned $-0.22 per diluted share (EPS) in fiscal year 2024. This represents an increase of 8.3% from the prior year.
Evercommerce Inc. held $135.8M in cash against $522.4M in long-term debt as of fiscal year 2024.
Evercommerce Inc. had 184M shares outstanding in fiscal year 2024. This represents a decrease of 1.7% from the prior year.
Evercommerce Inc.'s gross margin was 67.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.5 percentage points from the prior year.
Evercommerce Inc.'s operating margin was 0.0% in fiscal year 2024, reflecting core business profitability. This is down 0.3 percentage points from the prior year.
Evercommerce Inc.'s net profit margin was -5.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.9 percentage points from the prior year.
Evercommerce Inc. invested $79.7M in research and development in fiscal year 2024. This represents an increase of 5.4% from the prior year.
Evercommerce Inc. spent $57.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 14.2% from the prior year.
Evercommerce Inc. invested $1.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 51.9% from the prior year.
EVCM Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $147.5M-0.4% | $148.0M+4.0% | $142.3M-49.2% | $280.3M+99.5% | $140.5M+1.9% | $137.9M-18.6% | $169.4M-3.0% | $174.7M |
| Cost of Revenue | $33.5M+0.2% | $33.4M+7.1% | $31.2M-76.8% | $134.7M+326.8% | $31.6M+0.2% | $31.5M-43.1% | $55.4M-9.9% | $61.5M |
| Gross Profit | $114.0M-0.5% | $114.6M+3.2% | $111.1M-23.7% | $145.6M+33.6% | $109.0M+2.5% | $106.4M-6.7% | $114.0M+0.7% | $113.3M |
| R&D Expenses | $19.4M-0.6% | $19.5M-2.3% | $20.0M-9.3% | $22.0M+14.4% | $19.2M-0.4% | $19.3M+0.2% | $19.3M-0.3% | $19.3M |
| SG&A Expenses | $35.4M+10.1% | $32.1M+2.7% | $31.3M-28.0% | $43.4M+32.8% | $32.7M+3.4% | $31.6M-0.5% | $31.8M+1.0% | $31.5M |
| Operating Income | $16.0M+1.0% | $15.8M+11.2% | $14.2M+206.7% | -$13.3M-272.8% | $7.7M+279.3% | -$4.3M-1090.0% | -$361K-105.7% | $6.3M |
| Interest Expense | $8.6M-4.4% | $9.0M+2.2% | $8.8M-10.2% | $9.8M-8.4% | $10.7M-0.2% | $10.7M | N/A | N/A |
| Income Tax | $1.2M+0.3% | $1.2M+142.8% | $512K+128.7% | -$1.8M-353.5% | $703K-88.1% | $5.9M+86.1% | $3.2M+1220.3% | $241K |
| Net Income | $11.1M+36.3% | $8.2M+205.7% | -$7.7M+36.9% | -$12.2M-262.4% | -$3.4M+79.3% | -$16.3M+30.0% | -$23.3M-3700.5% | -$614K |
| EPS (Diluted) | $0.06+50.0% | $0.04+200.0% | $-0.04+33.3% | $-0.06-200.0% | $-0.02+77.8% | $-0.09+30.8% | $-0.13 | $0.00 |
EVCM Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-1.1% | $1.4B+0.3% | $1.4B-0.5% | $1.4B-3.1% | $1.5B-1.0% | $1.5B-2.3% | $1.5B-1.5% | $1.5B |
| Current Assets | $236.2M-15.4% | $279.3M+4.0% | $268.5M+23.0% | $218.3M+11.5% | $195.7M+0.6% | $194.6M+8.0% | $180.1M+0.5% | $179.3M |
| Cash & Equivalents | $106.9M-29.2% | $151.1M+1.8% | $148.4M+9.3% | $135.8M+56.6% | $86.7M-3.6% | $90.0M-2.8% | $92.6M+6.0% | $87.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $36.8M+4.7% | $35.1M+8.5% | $32.4M+4.1% | $31.1M-40.9% | $52.6M+8.7% | $48.4M+6.6% | $45.4M-10.5% | $50.7M |
| Goodwill | $894.0M+3.1% | $867.2M+0.4% | $863.7M+0.1% | $863.2M-6.0% | $918.7M+0.1% | $917.7M-1.0% | $927.4M+0.4% | $923.8M |
| Total Liabilities | $674.6M-0.1% | $675.0M+0.1% | $674.5M+0.6% | $670.4M-1.8% | $683.0M+0.2% | $681.8M-1.5% | $692.0M+1.9% | $679.1M |
| Current Liabilities | $116.9M-0.9% | $117.9M+0.4% | $117.5M+6.1% | $110.7M-5.2% | $116.7M+2.5% | $113.9M-3.0% | $117.4M+8.1% | $108.6M |
| Long-Term Debt | $519.1M-0.2% | $520.3M-0.2% | $521.4M-0.2% | $522.4M-0.4% | $524.6M-0.2% | $525.6M-0.2% | $526.7M-0.2% | $527.8M |
| Total Equity | $728.5M-2.1% | $744.0M+0.6% | $739.6M-1.5% | $750.8M-4.2% | $784.1M-2.1% | $800.7M-3.1% | $826.0M-4.2% | $862.2M |
| Retained Earnings | -$649.5M+1.7% | -$660.6M+1.2% | -$668.8M-1.2% | -$661.1M-3.3% | -$639.7M-0.5% | -$636.3M-2.6% | -$620.0M-3.9% | -$596.6M |
EVCM Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $32.5M+20.5% | $27.0M-12.1% | $30.7M-36.6% | $48.4M+102.4% | $23.9M+79.9% | $13.3M-63.1% | $36.0M+31.3% | $27.4M |
| Capital Expenditures | $941K+88.6% | $499K+1.2% | $493K+94.1% | $254K-59.9% | $634K+57.7% | $402K-55.2% | $897K-4.5% | $939K |
| Free Cash Flow | $31.6M+19.3% | $26.5M-12.3% | $30.2M-37.3% | $48.2M+106.8% | $23.3M+80.6% | $12.9M-63.3% | $35.1M+32.5% | $26.5M |
| Investing Cash Flow | -$42.7M-427.1% | -$8.1M-43.6% | -$5.6M-21.9% | -$4.6M+5.9% | -$4.9M-36.4% | -$3.6M+41.8% | -$6.2M+70.7% | -$21.1M |
| Financing Cash Flow | -$32.8M-89.3% | -$17.3M-41.1% | -$12.3M-48.3% | -$8.3M+62.1% | -$21.8M-76.4% | -$12.4M+50.5% | -$25.0M-1231.1% | -$1.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $28.9M+40.9% | $20.5M+84.8% | $11.1M+56.8% | $7.1M-70.5% | $24.0M+98.6% | $12.1M-53.6% | $26.0M+1551.7% | $1.6M |
EVCM Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.3%-0.1pp | 77.4%-0.6pp | 78.1%+26.1pp | 51.9%-25.6pp | 77.5%+0.4pp | 77.1%+9.8pp | 67.3%+2.5pp | 64.8% |
| Operating Margin | 10.8%+0.1pp | 10.7%+0.7pp | 10.0%+14.7pp | -4.8%-10.2pp | 5.5%+8.6pp | -3.1%-2.9pp | -0.2%-3.8pp | 3.6% |
| Net Margin | 7.5%+2.0pp | 5.5%+10.9pp | -5.4%-1.1pp | -4.4%-2.0pp | -2.4%+9.4pp | -11.8%+1.9pp | -13.8%-13.4pp | -0.4% |
| Return on Equity | 1.5%+0.4pp | 1.1% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.8%+0.2pp | 0.6%+1.1pp | -0.5%+0.3pp | -0.9%-0.6pp | -0.2%+0.9pp | -1.1%+0.4pp | -1.5%-1.5pp | -0.0% |
| Current Ratio | 2.02-0.3 | 2.37+0.1 | 2.29+0.3 | 1.97+0.3 | 1.68-0.0 | 1.71+0.2 | 1.53-0.1 | 1.65 |
| Debt-to-Equity | 0.71+0.0 | 0.700.0 | 0.700.0 | 0.70+0.0 | 0.67+0.0 | 0.66+0.0 | 0.64+0.0 | 0.61 |
| FCF Margin | 21.4%+3.5pp | 17.9%-3.3pp | 21.2%+4.0pp | 17.2%+0.6pp | 16.6%+7.2pp | 9.3%-11.4pp | 20.7%+5.6pp | 15.2% |
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Frequently Asked Questions
What is Evercommerce Inc.'s annual revenue?
Evercommerce Inc. (EVCM) reported $698.8M in total revenue for fiscal year 2024. This represents a 3.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Evercommerce Inc.'s revenue growing?
Evercommerce Inc. (EVCM) revenue grew by 3.5% year-over-year, from $675.4M to $698.8M in fiscal year 2024.
Is Evercommerce Inc. profitable?
No, Evercommerce Inc. (EVCM) reported a net income of -$41.1M in fiscal year 2024, with a net profit margin of -5.9%.
What is Evercommerce Inc.'s earnings per share (EPS)?
Evercommerce Inc. (EVCM) reported diluted earnings per share of $-0.22 for fiscal year 2024. This represents a 8.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Evercommerce Inc.'s EBITDA?
Evercommerce Inc. (EVCM) had EBITDA of $89.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Evercommerce Inc. have?
As of fiscal year 2024, Evercommerce Inc. (EVCM) had $135.8M in cash and equivalents against $522.4M in long-term debt.
What is Evercommerce Inc.'s gross margin?
Evercommerce Inc. (EVCM) had a gross margin of 67.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Evercommerce Inc.'s operating margin?
Evercommerce Inc. (EVCM) had an operating margin of 0.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Evercommerce Inc.'s net profit margin?
Evercommerce Inc. (EVCM) had a net profit margin of -5.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Evercommerce Inc.'s free cash flow?
Evercommerce Inc. (EVCM) generated $111.7M in free cash flow during fiscal year 2024. This represents a 10.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Evercommerce Inc.'s operating cash flow?
Evercommerce Inc. (EVCM) generated $113.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Evercommerce Inc.'s total assets?
Evercommerce Inc. (EVCM) had $1.4B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Evercommerce Inc.'s capital expenditures?
Evercommerce Inc. (EVCM) invested $1.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Evercommerce Inc. spend on research and development?
Evercommerce Inc. (EVCM) invested $79.7M in research and development during fiscal year 2024.
Does Evercommerce Inc. buy back shares?
Yes, Evercommerce Inc. (EVCM) spent $57.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Evercommerce Inc. have outstanding?
Evercommerce Inc. (EVCM) had 184M shares outstanding as of fiscal year 2024.
What is Evercommerce Inc.'s current ratio?
Evercommerce Inc. (EVCM) had a current ratio of 1.97 as of fiscal year 2024, which is generally considered healthy.
What is Evercommerce Inc.'s debt-to-equity ratio?
Evercommerce Inc. (EVCM) had a debt-to-equity ratio of 0.70 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Evercommerce Inc.'s return on assets (ROA)?
Evercommerce Inc. (EVCM) had a return on assets of -2.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Evercommerce Inc.'s Altman Z-Score?
Evercommerce Inc. (EVCM) has an Altman Z-Score of 1.58, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Evercommerce Inc.'s Piotroski F-Score?
Evercommerce Inc. (EVCM) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Evercommerce Inc.'s earnings high quality?
Evercommerce Inc. (EVCM) has an earnings quality ratio of -2.75x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Evercommerce Inc. cover its interest payments?
Evercommerce Inc. (EVCM) has an interest coverage ratio of 0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Evercommerce Inc.?
Evercommerce Inc. (EVCM) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.