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Evercommerce Inc. (EVCM) stock

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NASDAQ: EVCM Nasdaq Application Software Next results ~November 5, 2026

C+ Fundamentals grade

Evercommerce Inc. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$10

Cash-flow model

Base case. Range ~$6.9–$14 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 14% below our base value.

Price used: $8.62, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 159 sales by directors and officers, last 12 monthsInsider trades
  • Funds31 adding, 41 cuttingOf 10 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Evercommerce files

Where Evercommerce stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $598m, up 4.2% on a year earlier, slower than the 4.9% growth a quarter earlier. Free-cash-flow margin fell to 17.4% from 23.0% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 7 financial-health checks. Our cash-flow model value is $9.43 a share, against a share price of $9.29. At that price, our model says the market is pricing in about 1.7% a year of cash-flow growth for five years, slower than the 4.1% a year revenue growth it has delivered.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Evercommerce Inc.'s trailing-twelve-month revenue grew 4.2% year on year, with a free-cash-flow margin of 17.4%. Where it stands out: days sales outstanding of 23 days ranks 25 of 162 application software companies we cover. Where it lags: long-term debt as % of assets of 37.8% ranks 80 of 98 application software companies we cover.

Our discounted-cash-flow model values the business at ~$10 per share in the base case (~$6.9–$14 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Net margin expanding: TTM net margin reached 5.7%, up 9.3pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 1.6% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • High earnings multiple. The shares trade at 46 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 66% and a beta of 0.7 against the S&P 500.
  • Insiders selling. 4 insiders sold $17M of stock over the past 365 days and none bought (87% under pre-set trading plans).
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 37.8% ranks 80 of 98 application software companies we cover (median 16.9%).
  • Heavily shorted. 13.2% of the shares available to trade are sold short (12.6 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.11 against an average estimate of $0.17: missed by 33.3%
Revenue
$152m, up 2.7% on a year earlier
Share reaction
-11.4% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
revenue $151.5m to $154.5m (Third Quarter 2026); adjusted EBITDA $44m to $46m (Third Quarter 2026)
Next report
November 5, 2026; average EPS estimate $0.18

Evercommerce's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-5.9%
  • 1 week-11.1%
  • 1 month-3.6%
  • This year-28.8%
  • 1 year-25.6%
  • 5 years-56.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$598M
Operating margin
9.9%
Net margin
5.7%
EPS (TTM, diluted)
$0.19

Growth

Revenue growth
+4.2%
Change in growth rate
−0.7 pts
Share count change
−1.6%

Cash

Free cash flow (TTM)
$104M
FCF margin
17.4%
Stock pay % of revenue
4.1%

Earnings

Last results
August 5, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results
  3. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies cash flow shrinking about 0.2% a year for five years.That is close to the 4.1% a year revenue growth Evercommerce has delivered.

  • Priced in-0.2%
  • Last 12 months4.2%
  • 3 years a year-2.8%
  • 5 years a year4.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($8.14, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$10
Price used
$8.14close November 3, 2026
Implied change
▲ +23%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Evercommerce Inc.'s free cash flow after stock-based pay with after-tax interest added back ($125M, FY2026 Q2 TTM), growing 4.5% and 2.8% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$6.9–~$14 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Evercommerce Inc.'s free cash flow after stock-based pay ( $125M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Evercommerce Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.05 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$10 ~$6.9–$14 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$11 ~$9.1–$18 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.2 ~$0.0–$0.4 Left out: out of range vs price (0.02x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$10 ~$10–$11 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Evercommerce Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −30%
  • Revenue growth 5 points higher ▲ +39%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▼ −23%
  • Discount rate 1 point higher ▼ −17%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $8$12$17$23$31$42
8.5% $6$8$12$16$22$30
10% $4$6$9$12$17$23

Valuation multiples over time Market data may be delayed

Evercommerce Inc.: market value and multiples by fiscal year
At fiscal year end 20212022202320242025Now
Share price$15.75$7.44$11.03$11.01$12.11$8.62
Market value$1.9bn$1.4bn$2.1bn$2.0bn$2.2bn$1.6bn
+ Net debt (− = net cash)$460m$451m$445m$396m$397m$390m
Enterprise value$2.3bn$1.9bn$2.5bn$2.4bn$2.6bn$2.0bn
Multiples
Price / sales 3.8x2.3x3.9x3.6x3.8x2.6x
Price / earnings ————126.5x45.9x
Price / free cash flow 54.0x23.3x20.5x18.2x20.4x15.0x
EV / EBITDA 31.2x23.7x25.0x21.1x20.6x15.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

31 /100

Weak moat

How hard Evercommerce's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -3.3% of total assets over 6 years.

  • Durability 10 / 20

    Operating margin has been a median -0.7%; its worst year was -6.0%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 6 of 6 years, at a median 14.9% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (46 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $153m and EPS of $0.18 (range $0.13 to $0.20) for the quarter.

Analysts' consensus

Evercommerce Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.75 +114% $613m +4%
Next $0.79 +5% $643m +5%

Next year's EPS estimate has moved +2.7% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.2% on 90 days ago. In the last 30 days, 3 analysts raised Evercommerce Inc.'s forecast and 0 cut it.

Consensus EPS forecast Evercommerce Inc., last 90 days
$0.72 $0.74 $0.76 $0.78 $0.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.72 Current fiscal year, 60 days ago: $0.75 Current fiscal year, 30 days ago: $0.75 Current fiscal year, 7 days ago: $0.75 Current fiscal year, Now: $0.75 $0.75 Next fiscal year, 90 days ago: $0.77 Next fiscal year, 60 days ago: $0.79 Next fiscal year, 30 days ago: $0.79 Next fiscal year, 7 days ago: $0.79 Next fiscal year, Now: $0.79 $0.79

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.72$0.77
60 days ago $0.75$0.79
30 days ago $0.75$0.79
7 days ago $0.75$0.79
Now $0.75$0.79

Earnings against estimates

Evercommerce Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.17 $0.11 −33.3%
Mar 2026 $0.15 $0.11 −28.6%
Dec 2025 $0.15 $0.11 −26.0%
Sept 2025 $0.15 $0.09 −38.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Revenue Full Year 2026 $612m to $632m
    “Revenue is expected to be in the range of $612 million to $632 million.” source
  • Revenue Third Quarter 2026 $152m to $155m
    “Revenue is expected to be in the range of $151.5 million to $154.5 million.” source
  • Adjusted EBITDA Full Year 2026 $183m to $191m Non-GAAP
    “Adjusted EBITDA is expected to be in the range of $183 million to $191 million.” source
  • Adjusted EBITDA Third Quarter 2026 $44m to $46m Non-GAAP
    “Adjusted EBITDA is expected to be in the range of $44 million to $46 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Evercommerce Inc.'s revenue by +4.5% next year and +2.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.1%, weight 49%) , management guidance (+6.6%, weight 22%) and the company's own record (+2.0%, weight 29%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy338%
Hold338%
Sell225%

Monthly trend

  1. Oct 202633118
  2. Sep 202633118
  3. Aug 202633118
  4. Jul 202633118

Counts of recommendations published by analysts covering Evercommerce Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.2%
of tradable shares
Days to cover
12.58
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
93%
of shares
Held by insiders
5.2%
of shares
Employees
1,800
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −25.6%

$11.59 on October 31, 2025 to $8.62

Evercommerce Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $574m $598m +4.2%
P/S multiple 3.7x 2.6x −29.8%
Share count 184m 181m +1.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −10.2%

$9.60 on November 3, 2023 to $8.62

Evercommerce Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $651m $598m −8.1%
P/S multiple 2.8x 2.6x −7.4%
Share count 191m 181m +5.6%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Evercommerce Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 20222023202420252026 to date
Return
EVCM−53%+48%−0%+10%−29%
Industry peers (median)−50%+19%+2%−21%−14%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
EVCM33%33%50%58%27%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
EVCM−62%−39%−23%−34%−51%
S&P 500−25%−10%−8%−19%−9%

Worst fall since July 1, 2021: 74% from August 26, 2021 to December 7, 2022. Getting back needed a 286% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$6.31 – $13.40
From 52-week high
−35.7%
vs 50-day average
−0.1%
vs 200-day average
−16.5%
Volatility (1 year)
67%
Beta vs S&P 500
0.67

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±10.2%
After a week
4 up, 8 down
typical move ±11.4%
After a month
4 up, 8 down
typical move ±9.6%
Evercommerce Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −11.4% −0.4% −16.7% −33.8%
May 7, 2026 +8.5% +0.5% −13.6% −17.9%
March 12, 2026 −17.8% −2.1% −14.6% −5.1%
November 6, 2025 −19.0% −1.0% −24.5% −16.3%
August 6, 2025 +12.6% +0.7% +8.3% +13.7%
May 8, 2025 +8.7% +0.6% +5.3% +1.8%
March 13, 2025 +2.0% +0.7% +8.8% +9.9%
November 12, 2024 −8.3% −0.3% −7.8% −1.1%
August 6, 2024 −5.2% +0.2% −7.0% −2.1%
May 9, 2024 +2.3% +0.7% +8.1% −3.7%
March 14, 2024 −11.1% −0.9% −4.9% −9.7%
November 6, 2023 −15.3% +0.5% −17.5% +0.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Evercommerce Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Evercommerce Inc.
$400M $500M $600M $700M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $667.7M Revenue (TTM), FY23 Q4: $534.9M Revenue (TTM), FY24 Q1: $511.6M Revenue (TTM), FY24 Q2: $482.1M Revenue (TTM), FY24 Q3: $447.4M Revenue (TTM), FY24 Q4: $562.2M Revenue (TTM), FY25 Q1: $566.6M Revenue (TTM), FY25 Q2: $574.1M Revenue (TTM), FY25 Q3: $581.5M Revenue (TTM), FY25 Q4: $588.9M Revenue (TTM), FY26 Q1: $594.1M Revenue (TTM), FY26 Q2: $598.1M $598.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $667.7M
FY23 Q4 $534.9M
FY24 Q1 $511.6M
FY24 Q2 $482.1M
FY24 Q3 $447.4M
FY24 Q4 $562.2M
FY25 Q1 $566.6M
FY25 Q2 $574.1M
FY25 Q3 $581.5M
FY25 Q4 $588.9M
FY26 Q1 $594.1M
FY26 Q2 $598.1M
Revenue growth, TTM YoY Evercommerce Inc.
-40% -20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 12.3% Revenue growth, TTM YoY, FY23 Q4: -13.8% Revenue growth, TTM YoY, FY24 Q1: -19.9% Revenue growth, TTM YoY, FY24 Q2: -26.0% Revenue growth, TTM YoY, FY24 Q3: -33.0% Revenue growth, TTM YoY, FY24 Q4: 5.1% Revenue growth, TTM YoY, FY25 Q1: 10.8% Revenue growth, TTM YoY, FY25 Q2: 19.1% Revenue growth, TTM YoY, FY25 Q3: 30.0% Revenue growth, TTM YoY, FY25 Q4: 4.8% Revenue growth, TTM YoY, FY26 Q1: 4.9% Revenue growth, TTM YoY, FY26 Q2: 4.2% 4.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 12.3%
FY23 Q4 -13.8%
FY24 Q1 -19.9%
FY24 Q2 -26.0%
FY24 Q3 -33.0%
FY24 Q4 5.1%
FY25 Q1 10.8%
FY25 Q2 19.1%
FY25 Q3 30.0%
FY25 Q4 4.8%
FY26 Q1 4.9%
FY26 Q2 4.2%
Operating margin (TTM) Evercommerce Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -0.1% Operating margin (TTM), FY23 Q4: -0.5% Operating margin (TTM), FY24 Q1: -0.4% Operating margin (TTM), FY24 Q2: 0.8% Operating margin (TTM), FY24 Q3: 1.8% Operating margin (TTM), FY24 Q4: 4.7% Operating margin (TTM), FY25 Q1: 7.9% Operating margin (TTM), FY25 Q2: 9.2% Operating margin (TTM), FY25 Q3: 10.1% Operating margin (TTM), FY25 Q4: 10.1% Operating margin (TTM), FY26 Q1: 9.7% Operating margin (TTM), FY26 Q2: 9.9% 9.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -0.1%
FY23 Q4 -0.5%
FY24 Q1 -0.4%
FY24 Q2 0.8%
FY24 Q3 1.8%
FY24 Q4 4.7%
FY25 Q1 7.9%
FY25 Q2 9.2%
FY25 Q3 10.1%
FY25 Q4 10.1%
FY26 Q1 9.7%
FY26 Q2 9.9%
FCF margin (TTM) Evercommerce Inc.
10% 15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 14.0% FCF margin (TTM), FY23 Q4: 19.0% FCF margin (TTM), FY24 Q1: 20.0% FCF margin (TTM), FY24 Q2: 20.3% FCF margin (TTM), FY24 Q3: 22.1% FCF margin (TTM), FY24 Q4: 19.9% FCF margin (TTM), FY25 Q1: 22.8% FCF margin (TTM), FY25 Q2: 23.0% FCF margin (TTM), FY25 Q3: 23.5% FCF margin (TTM), FY25 Q4: 18.5% FCF margin (TTM), FY26 Q1: 17.3% FCF margin (TTM), FY26 Q2: 17.4% 17.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 14.0%
FY23 Q4 19.0%
FY24 Q1 20.0%
FY24 Q2 20.3%
FY24 Q3 22.1%
FY24 Q4 19.9%
FY25 Q1 22.8%
FY25 Q2 23.0%
FY25 Q3 23.5%
FY25 Q4 18.5%
FY26 Q1 17.3%
FY26 Q2 17.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Evercommerce took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $589M
  2. Research and development $79M · 13.4%
  3. Selling, general and admin $251M · 42.7%
  4. Other operating costs $199M · 33.9%
  5. Operating income $59.3M · 10.1%
  6. Income tax $3M · 0.5%
  7. Interest and other $38.7M · 6.6%
  8. Net income $17.6M · 3.0%
Where Evercommerce's revenue went, FY2025
Revenue $589M
Research and development $79M 13.4% of revenue
Selling, general and admin $251M 42.7% of revenue
Other operating costs $199M 33.9% of revenue
Operating income $59.3M 10.1% of revenue
Income tax $3M 0.5% of revenue
Interest and other $38.7M 6.6% of revenue
Net income $17.6M 3.0% of revenue

Shares of revenue. Source: Evercommerce's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Evercommerce Inc.: annual financial statements
Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 242 338 490 621 535 562 589 598
EBITDA −1 55 74 80 101 115 128 124
Operating income −54 −22 −27 −31 −3 26 59 59
Net income −94 −60 −82 −60 −46 −41 18 34
Diluted EPS −$4.71 −$1.02 −$0.82 −$0.31 −$0.24 −$0.22 $0.10 $0.19
Growth (year on year)
Revenue — +39.4% +45.2% +26.6% −13.8% +5.1% +4.8% +4.2%
EBITDA — — +35.5% +8.0% +26.3% +13.6% +11.0% −5.9%
Operating income — — — — — — +126.1% +12.3%
Margins
EBITDA margin −0.5% 16.2% 15.1% 12.9% 18.9% 20.5% 21.7% 20.7%
Operating margin −22.4% −6.5% −5.5% −4.9% −0.5% 4.7% 10.1% 9.9%
Net margin −38.7% −17.8% −16.7% −9.6% −8.5% −7.3% 3.0% 5.7%
Free-cash-flow margin −3.4% 15.7% 7.0% 10.0% 19.0% 19.9% 18.5% 17.4%
Cash flow
Cash from operations −1 58 37 65 105 113 111 107
Capital spending 8 5 3 3 3 1 2 3
Free cash flow −8 53 34 62 102 112 109 104
Stock-based pay 30 11 22 27 26 26 28 25
Free cash flow after stock pay −38 42 12 35 76 85 81 79
Balance sheet
Cash 57 96 94 93 93 136 130 133
Total debt 0 726 554 543 538 532 527 524
Net debt (negative = net cash) −57 630 460 451 445 396 397 390
Diluted shares 81m 125m 118m 195m 189m 185m 184m 181m
Returned to shareholders
Buybacks 24 0 0 43 67 58 85 82
Total returned 24 0 0 43 67 58 85 82

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · June 30, 2026
What it owns · $1.4bn
Short-term assets $218mLonger-term assets $1.1bn
What it owes, and who funded it · $1.4bn
Short-term liabilities $102mLonger-term liabilities $547mShareholders' equity $715m
  • Short-term assets cover short-term liabilities $218m of assets due within a year against $102m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $218m short-term assets against $547m of longer-dated liabilities.
  • More cash than debt $133m of cash against $521m of debt.
  • Debt below 40% of shareholders' equity Debt is 73% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 54% to 73% over five years.
  • A year's operating cash flow covers at least 20% of debt $107m of operating cash flow against $521m of debt.
  • Operating profit covers interest at least five times over Operating income of $59m against $33m of interest.

From Evercommerce Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$82.1M
Returned to shareholders
79%
of free cash flow
Buybacks, last 3 fiscal years
$210M
Diluted share count
−1.6%
year over year
Total shareholder yield
5.4%
dividends 0.0% + buybacks 5.4% of market value
R&D spending
13.7%
of revenue
Days sales outstanding
23 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Growth, margins and cash generation against peers
Last 12 months unless stated EVCM FROG INTA APPS YB BTDR Median
Revenue, last 12 months $598m $600m $600m $600m $609m $620m $482m
Revenue growth, last 12 months 4.2% 26.4% 14.4% 19.2% 33.3% 77.3% 12.0%
Revenue growth, 3-year average −2.8% 24.3% 17.2% −1.3% — — 11.1%
Revenue growth, latest quarter 2.7% 28.7% 16.0% 26.8% — — 11.9%
Gross margin — 77.9% 76.6% 57.3% 96.2% 9.8% 69.2%
Operating margin 9.9% −11.5% −4.5% 10.3% — 25.8% 1.1%
Operating margin, 3-year average 6.6% −17.1% −5.6% −24.3% — — −0.8%
Net margin 5.7% −7.3% −4.7% −5.8% 29.9% 10.6% 2.1%
Cash from operations / revenue 17.9% 29.4% 26.9% 8.5% 34.2% — 18.2%
Free-cash-flow margin 17.4% 28.3% 26.6% 0.9% 33.8% — 15.0%
Free-cash-flow margin, 3-year average 20.2% 26.9% 21.8% −3.8% — — 16.2%
Stock pay / revenue 4.1% 26.8% 21.0% 2.1% 1.7% 6.2% 9.3%
Change in share count −1.6% 5.9% −2.5% 11.1% 5.4% 70.5% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 4.2% 12.0% 134 of 184
Change in growth rate Growth -0.7pp +0.2pp 116 of 184
Operating margin Profitability 9.9% 1.1% 56 of 181
Net margin Profitability 5.7% 2.1% 76 of 185
Free-cash-flow margin Cash generation 17.4% 15.2% 84 of 180
Stock pay as % of revenue Cash generation 4.1% 9.3% 32 of 177
Long-term debt as % of assets Balance sheet 37.8% 16.9% 80 of 98
Change in share count Balance sheet -1.6% 1.7% 46 of 163
Days sales outstanding Balance sheet 23 days 57 days 25 of 162

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Licenses and services $567M 96.3% ▲ 4.4%
Other Revenue $22M 3.7% ▲ 14.5%
Geography
Region Revenue Share YoY
United States $527M 89.5% ▲ 5.4%
Outside the US $61.6M 10.5% ▼ 0.1%

From Evercommerce Inc.'s 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$1.6B
Institutions reporting
82
Shares held vs prior quarter
▲ 0.2%
Positions opened / closed
9 / 14

Top buyers and sellers, Q2 2026: 31 institutions bought and 41 sold ; the biggest buyer was Corecap Advisors, LLC (+270K shares) and the biggest seller Arrowstreet Capital, Limited Partnership (−52K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Psg Equity L.L.C. $860M 85.5M 52.4% 0.0%
Silver Lake Group, L.L.C. $675M 67.1M 41.1% 0.0%
Standard Investments LLC $61.5M 6.1M 3.8% 0.0%
Blackrock, Inc. $10.7M 1.1M 0.7% ▲ 3.3%
Geode Capital Management, LLC $5.7M 568K 0.3% ▼ 0.7%
Arrowstreet Capital, Limited Partnership $4.3M 430K 0.3% ▼ 10.9%
State Street Corp $4.2M 414K 0.3% ▼ 0.8%
Corecap Advisors, LLC $2.7M 270K 0.2% New
Vanguard Capital Management LLC $2M 201K 0.1% ▲ 2.8%
Northern Trust Corp $1.9M 193K 0.1% ▲ 0.7%
Charles Schwab Investment Management Inc $1.4M 143K 0.1% ▼ 1.1%
Vanguard Fiduciary Trust Co $1.1M 109K 0.1% ▲ 3.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Evercommerce Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Feierstein Matthew David President October 1, 2026 Sell pre-set plan 10,000 $10.00 $100,000
Remer Eric Richard Director September 16, 2026 Sell 258 $8.00 $2,064
Remer Eric Richard Director September 15, 2026 Sell 533 $8.00 $4,264
Remer Eric Richard Director September 4, 2026 Sell 2,997 $8.02 $24,036
Remer Eric Richard Director September 3, 2026 Sell 6,354 $8.07 $51,277
Remer Eric Richard Director September 2, 2026 Sell 5,313 $8.03 $42,663
Remer Eric Richard Director September 1, 2026 Sell 47,353 $8.24 $390,189
Remer Eric Richard Director August 31, 2026 Sell 40,906 $8.91 $364,472
Remer Eric Richard Director August 28, 2026 Sell 23,824 $9.21 $219,419
Remer Eric Richard Director August 27, 2026 Sell pre-set plan 6,553 $9.24 $60,550
Remer Eric Richard Director August 27, 2026 Sell pre-set plan 8,041 $9.25 $74,379
Remer Eric Richard Director August 26, 2026 Sell pre-set plan 3,505 $9.06 $31,755

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • March 12, 2026
  • November 6, 2025
  • August 6, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Evercommerce Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Evercommerce Inc. in brief

What does Evercommerce Inc. do?
Evercommerce Inc. is a US-listed company in the application software industry. Its financial year ends in December.
What is Evercommerce Inc.'s stock ticker?
Evercommerce Inc. trades under the ticker EVCM on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Evercommerce Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Evercommerce Inc. reported revenue of $598M, 4.2% higher than a year earlier, according to its SEC filings.
What is Evercommerce Inc.'s free cash flow?
Evercommerce Inc.'s free-cash-flow margin is 17.4% of revenue over the trailing twelve months, ranking 84 of the 180 application software companies we cover.
What is Evercommerce Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Evercommerce Inc.'s free cash flow after stock-based pay gives ~$10 per share in the base case, and ~$6.9–$14 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Evercommerce Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Psg Equity L.L.C., Silver Lake Group, L.L.C. and Standard Investments LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Evercommerce Inc. buying back stock, and does it pay a dividend?
Evercommerce Inc. spent $82.1M on share repurchases over the trailing twelve months, and its diluted share count fell 1.6% over the year.
What is Evercommerce Inc.'s market cap?
On November 2, 2026, Evercommerce Inc.'s market capitalisation was about $1.6B, with a price-to-earnings ratio of 45.9 and net debt of $390M. Market figures come from third-party market data and may be delayed.
How much debt does Evercommerce Inc. have?
Evercommerce Inc.'s debt-to-equity ratio is 72.8%, from its latest balance sheet (54.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Evercommerce Inc.'s competitors?
In our Application Software peer group, the companies closest to Evercommerce Inc. are Jfrog Ltd, Intapp, Inc., Digital Turbine, Inc., Yuanbao Inc. and Bitdeer Technologies Group. The side-by-side comparison below sets their revenue, margins and growth against Evercommerce Inc.'s.
Are insiders buying or selling Evercommerce Inc. stock?
Over the last 12 months, Evercommerce Inc.'s directors and officers reported 0 open-market purchases and 159 sales on Form 4. The insider trading page charts every trade.
When is Evercommerce Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Evercommerce Inc. announces its own schedule.