Commerce.com, Inc., formerly known as BigCommerce Holdings, Inc., reported its financial results for the second quarter of 2025, revealing a revenue of $84.4 million, a 3.2% increase from $81.8 million in the same period last year. For the first half of 2025, the company generated $166.8 million in revenue, up from $162.2 million in the prior year. Despite the revenue growth, the company recorded a net loss of $8.4 million for the quarter, an improvement from the $11.3 million loss reported in Q2 2024. The basic net loss per share was $0.10, compared to $0.15 in the previous year.
The company’s cost of revenue decreased by 10.5% to $17.7 million for the quarter, contributing to a gross profit of $66.7 million, which represents a gross margin of 79.0%, up from 75.8% in the same quarter last year. Operating expenses also saw a decline, totaling $73.5 million, down from $75.5 million in Q2 2024. This reduction was primarily driven by lower sales and marketing expenses, which amounted to $35.1 million, and a decrease in research and development costs to $18.3 million.
In terms of strategic developments, Commerce.com has undergone a significant rebranding initiative, unifying its three core products—BigCommerce, Feedonomics, and Makeswift—under a single brand identity. This change, effective July 31, 2025, aims to enhance the company's market presence and streamline its operations. The company is also focusing on expanding its AI capabilities, which are integral to its product offerings, and plans to launch a new branded payments solution in fiscal year 2026.
Operationally, Commerce.com reported a customer base of 5,803 enterprise accounts, contributing to an annual revenue run-rate (ARR) of $354.6 million as of June 30, 2025. The company’s net revenue retention rate for enterprise accounts was reported at 99%. The company continues to emphasize its commitment to profitability while expanding its market share, particularly in the B2B and B2C sectors, and is actively working on enhancing its product offerings to meet evolving customer needs.
Looking ahead, Commerce.com anticipates continued revenue growth driven by its strategic initiatives and product enhancements. The company remains focused on managing its operational costs while investing in its technology and market expansion efforts. Despite the challenges posed by macroeconomic conditions, including trade policy changes and inflation, Commerce.com is optimistic about its ability to adapt and thrive in the evolving ecommerce landscape.
About Commerce.com, Inc.
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