EverCommerce Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data EverCommerce Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2019	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	242	338	490	621	535	562	589
Cost of revenue	73.1	115	162	217	127	125	132
Gross profit	169	223	328	403	407	437	457
Research and development	26.1	30.4	49.5	71.6	72.1	76.2	79
Selling and marketing	46.3	50.2	93.8	119	114	114	120
General and administrative	98	87.1	110	132	123	129	132
Operating income	-54.3	-22	-27.2	-30.6	-2.92	26.2	59.3
Interest expense				28.8	43.7	41.7	34.7
Interest income				0.26	1.02	3.11	3.43
Other non-operating income	-40	-41.5	-36.1	-33.9	-46.4	-35.6	-38.1
Pre-tax income	-110	-63.6	-92	-64.5	-49.3	-9.36	21.2
Income tax	-16	-3.63	-10.1	-4.68	1.38	5.84	2.96
Income from continuing operations					-50.7	-15.2	18.2
Net income	-93.7	-60	-82	-59.8	-45.6	-41.1	17.6
EBITDA	-1.31	54.8	74.2	80.2	101	115	128
EPS, basic	-14.13	-3.06	-0.82	-0.31	-0.24	-0.22	0.10
EPS, diluted	-14.13	-3.06	-0.82	-0.31	-0.24	-0.22	0.10
Shares, basic (weighted)	27.1	41.7	118	195	189	185	181
Shares, diluted (weighted)	27.1	41.7	118	195	189	185	184

Balance sheet

	FY2019	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	57.3	96	94	92.6	92.6	136	130
Receivables		25	40.5	48	45.4	31.1	37
Other current assets		10.7	22.5	23.8	22.4	27.2	34.4
Total current assets		144	172	181	180	218	213
Property, plant and equipment		14.7	13.5	11.9	9.73	6.13	5.74
Lease right-of-use assets				21.8	15.9	10.5	8.28
Goodwill	427	668	921	914	876	863	894
Intangible assets		471	509	406	316	211	164
Other non-current assets		14.1	24.3	46.9	42.7	36.1	36.3
Total assets		1,328	1,663	1,592	1,518	1,421	1,372
Accounts payable		11.1	10.3	8.37	8.64	6.6	5.13
Accrued liabilities		46.4	49.3	57	66.3	50.8	55.8
Deferred revenue		13.6	23	22.9	24.1	22.1	21.7
Short-term debt		7.29	10.9	5.5	5.5	5.5	5.5
Total current liabilities		86.7	103	105	117	111	101
Long-term debt		691	535	531	527	522	518
Lease liabilities				22.5	19.4	13.2	9.96
Other non-current liabilities		17.6	39.1	49	48	36.3	36.4
Total liabilities		808	678	685	692	670	655
Total debt		698	546	536	532	528	523
Paid-in capital		40.6	1,501	1,490	1,454	1,426	1,373
Retained earnings		-431	-513	-573	-620	-661	-643
Other comprehensive income		1.55	-1.77	-10.2	-8.02	-14.3	-12.7
Shareholders' equity	-275	-389	986	907	826	751	717
Total equity	-275	-389	986	907	826	751	717
Total liabilities and equity		1,328	1,663	1,592	1,518	1,421	1,372
Shares outstanding		43.1	195	191	187	184	178

Cash flow statement

	FY2019	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-93.7	-60	-82	-59.8	-45.6	-41.1	17.6
Depreciation and amortization	52.9	76.8	101	111	104	88.8	68.4
Stock-based compensation	30.1	10.7	22.1	26.8	25.6	26.5	28.4
Deferred income tax	-16	-4.31	-12	-7.48	-1.76	2.91	-0.53
Change in receivables	-3.01	-0.52	-13.3	-13.2	-5.01	-0.32	-14
Change in payables	1.13	2.89	-3.96	-1.87	0.18	-0.25	-1.71
Cash from operations	-0.61	57.5	37.5	64.8	105	113	111
Capital expenditures	-7.67	-4.53	-3.1	-2.57	-3.04	-1.46	-2.23
Acquisitions	-310	-403	-365	0	-14.9	0	-35.8
Cash from investing	-324	-418	-380	-18.1	-38	-12.3	-30.6
Debt issued	688	315	851	0	0
Debt repaid	-475	-55.9	-1,028	-9.5	-5.5	-5.5	-5.5
Stock issued	0	0	416	0	0	4.11	7.71
Share buybacks	-23.5	0	0	-43	-67.3	-57.7	-85.1
Cash from financing	310	402	341	-47.3	-66.6	-59.6	-87.6
Exchange rate effect	-0.3	-0.09	0.22	-1.15	0.4	-1.65	0.62
Net change in cash	-15	41	-0.78	-1.74	0.36	39.6	-6.05
Free cash flow	-8.28	53	34.4	62.2	102	112	109
Interest paid	34	35.2	30.8	30.1	46	45.5	35.7
Income taxes paid	0.34	0.74	1.5	2.51	3.11	4.55	3.09

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $8.08 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	77.8%	Gross profit / revenue.
Operating margin	9.9%	Operating income / revenue.
EBITDA margin	20.7%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	5.3%	Pre-tax income / revenue.
Net margin	5.7%	Net income / revenue.
FCF margin	17.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	17.9%	Cash from operations / revenue.
Effective tax rate	10.4%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	4.8%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.5%	Net income / average total assets.
Return on invested capital (ROIC)	4.8%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	13.7%	Research and development expense / revenue.
Stock-based pay / revenue	4.1%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.5%	Capital expenditures / revenue.
D&A / revenue	10.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	4.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-1.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	11.8%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	4.4%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	4.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	15.5%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	126.1%	Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	11.0%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	16.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	18.4%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-1.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	19.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	14.1%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-2.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	20.6%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	15.6%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-4.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-7.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	-3.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-4.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	0.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-0.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	34.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.14x	Current assets / current liabilities.
Quick ratio	1.68x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.31x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.73x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	38.2%	Total debt / total assets.
Liabilities / assets	47.6%	Total liabilities / total assets.
Net debt	$387.4M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	3.14x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	1.78x	Operating income / interest expense.
Working capital	$116.5M	Current assets - current liabilities.
Goodwill and intangibles / assets	65.4%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$177.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.44x	Revenue / average total assets.
Fixed asset turnover	99.1x	Revenue / average property, plant and equipment.
Receivables turnover	15.9x	Revenue / average receivables.
Days sales outstanding	23 days	365 x average receivables / revenue.
Days payables	30 days	365 x average accounts payable / cost of revenue.
FCF conversion	306.1%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	2.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.19	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$3.35	Revenue / diluted weighted shares.
FCF per share	$0.58	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.60	Cash from operations / diluted weighted shares.
Book value per share	$4.05	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$1.00	Tangible book value / shares outstanding.
Cash per share	$0.76	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	78.8%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.43B	Share price x shares outstanding.
Enterprise value	$1.81B	Market cap + total debt - cash - short-term investments.
P/E	41.9x	Market cap / net income. Only when net income is positive.
P/S	2.39x	Market cap / revenue.
P/B	2.00x	Market cap / shareholders' equity. Only when equity is positive.
P/FCF	13.7x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	13.3x	Market cap / cash from operations, when positive.
EV/Sales	3.03x	Enterprise value / revenue.
EV/EBIT	30.6x	Enterprise value / operating income, when both are positive.
EV/EBITDA	14.7x	Enterprise value / EBITDA, when both are positive.
EV/FCF	17.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	7.3%	Free cash flow / market cap.
Earnings yield	2.4%	Net income / market cap (the inverse of P/E).
Shareholder yield	5.8%	(Dividends paid + share buybacks) / market cap.

What was EverCommerce Inc.'s revenue in fiscal 2025?

EverCommerce Inc. reported revenue of $588.9M for fiscal 2025, 4.8% higher than the year before.

Was EverCommerce Inc. profitable in fiscal 2025?

Yes. Net income was $17.6M, a net margin of 3%.

How much free cash flow did EverCommerce Inc. generate in fiscal 2025?

Cash from operations of $111.5M minus capital expenditures of $2.2M left free cash flow of $109.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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