EverCommerce Inc. reported a total revenue of $147.5 million for the first quarter of 2026, marking a 3.6% increase from $142.3 million in the same period of 2025. The growth was primarily driven by a 3.1% rise in subscription and transaction fees, which accounted for $142.1 million of the total revenue. The company also recorded a net income of $7.2 million, a significant improvement from a net loss of $7.7 million in the prior year, largely due to a reduction in interest expenses and improved operational efficiency.
In terms of operational metrics, EverCommerce's customer base exceeded 745,000 as of December 31, 2025, with a strong focus on three core verticals: Home Services, Health Services, and Wellness Services. The company has continued to expand its offerings, including the recent acquisition of ZyraTalk, an AI-powered customer engagement solution, for approximately $36 million. This acquisition is expected to enhance EverCommerce's capabilities in the Home Services vertical and facilitate broader applications across its other verticals.
The company’s operating expenses increased to $134.9 million from $128.1 million year-over-year, driven by higher costs in sales and marketing, product development, and general administrative expenses. Notably, sales and marketing expenses rose by 15% to $33.1 million, reflecting the company's investment in growth initiatives. Despite the increase in expenses, the operating income for the quarter was $12.6 million, down from $14.2 million in the previous year, indicating a strategic focus on long-term growth over short-term profitability.
EverCommerce's cash flow from operating activities was $24.6 million for the quarter, a decrease from $30.7 million in the prior year, attributed to increased personnel costs and investments in service delivery. The company ended the quarter with cash and cash equivalents of $129.3 million and has $155 million available under its revolving credit facility. The company continues to prioritize its stock repurchase program, having repurchased $13.9 million worth of shares during the quarter, with $33.9 million remaining under the program.
Looking ahead, EverCommerce anticipates continued revenue growth driven by its expanding customer base and enhanced product offerings. However, the company remains cautious about macroeconomic factors that could impact demand for its services. The management is focused on addressing its material weakness in internal controls over financial reporting while executing its growth strategy through acquisitions and product development.
About EverCommerce Inc.
EverCommerce provides integrated SaaS solutions tailored for service-based small- and medium-sized businesses across verticals like home services, health, and wellness. Its platform streamlines workflows, customer engagement, payments, marketing, and operations. Serving approximately 740,000 customers globally, the company focuses on vertical-specific innovation, cross-selling, and acquisitions to drive growth, improve margins, and enhance customer loyalty in a fragmented, evolving market.
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