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BIGCOMMERCE August 5 , 2021 BigCommerce Announces Second Quarter Financial Results Second Quarter Total Revenue of $ 49.0 Million , an Increase of 35 % Versus Prior Year Total ARR of $ 209.3 Million , an Increase of 38 % Versus Prior Year AUSTIN , Texas , Aug. 05 , 2021 ( GLOBE NEWSWIRE ) -- BigCommerce Holdings , Inc. ( " BigCommerce " ) ( Nasdaq : BIGC ) , a leading Open SaaS ecommerce platform for fast - growing and established brands , today announced financial results for its second quarter ended June 30 , 2021 . " Q2 concludes our first full year as a public company . Our revenue growth rate this quarter , which surpassed what we achieved the same period last year , marks the sixth consecutive quarter above 30 % and reflects our continued momentum in powering digital commerce success , " said Brent Bellm , CEO at BigCommerce . " We aspire to be the world's most innovative Open SaaS ecommerce platform , and we're excited about the breadth of new customer , product , partnership and international announcements made this quarter . " Second Quarter Financial Highlights : Total revenue was $ 49.0 million , up 35 % compared to the second quarter of 2020 . • Total annual revenue run - rate ( ARR ) as of June 30 , 2021 was $ 209.3 million , up 38 % compared to June 30 , 2020 . Subscription revenue was $ 34.0 million , up 42 % compared to the second quarter of 2020 . ● • ARR from accounts with at least one enterprise plan ( " Enterprise Accounts " ) was $ 122.7 million as of June 30 , 2021 , up 54 % from June 30 , 2020 . • ARR from Enterprise Accounts as a percent of total ARR was 59 % as of June 30 , 2021 , compared to 53 % as of June 30 , 2020 . • ARR from accounts greater than $ 2,000 in ACV was $ 177.2 million as of June 30 , 2021 , up 46 % from June 30 , 2020 . • ARR from accounts greater than $ 2,000 in ACV as a percent of total ARR was 85 % , compared to 80 % as of June 30 , 2020 . • Gross margin was 80 % , compared to 79 % as of June 30 , 2020 . Second Quarter Financials : Other Key Business Metrics • Number of accounts greater than $ 2,000 in ACV was 10,986 , up 17 % compared to the second quarter of 2020 . • Average revenue per account ( ARPA ) of accounts greater than $ 2,000 in ACV was $ 16,133 , up 25 % compared to the second quarter of 2020 . • Revenue in the US grew by 30 % , compared to 54 % across combined international operations compared to the second quarter of 2020 . • Revenue in EMEA grew by 67 % and revenue in APAC grew by 47 % compared to the second quarter of 2020 . Operating Income / ( Loss ) • GAAP operating loss was ( $ 12.3 ) million , compared to ( $ 7.4 ) million in the second quarter of 2020 . • Non - GAAP operating loss was ( $ 4.2 ) million , compared to ( $ 6.2 ) million in the second quarter of 2020 . Net Income / ( Loss ) and Earnings Per Share • GAAP net loss was ( $ 12.2 ) million , compared to ( $ 8.5 ) million in the second quarter of 2020 . • Non - GAAP net loss was ( $ 4.2 ) million or ( 8.5 % ) of total revenue , compared to ( $ 7.3 ) million or ( 20.2 % ) of total revenue in the second quarter of 2020 . • GAAP net loss per share was ( $ 0.17 ) based on 70.6 million weighted - average shares of common stock outstanding , compared to ( $ 0.54 ) based on 19.1 million weighted - average shares of common stock outstanding in the second quarter of 2020 . • Non - GAAP net loss per share was ( $ 0.06 ) based on 70.6 million weighted - average shares of common stock outstanding , compared to ( $ 0.38 ) based on 19.1 million weighted - average shares of common stock outstanding in the second quarter of 2020 . Adjusted EBITDA • Adjusted EBITDA was ( $ 3.5 ) million , compared to ( $ 5.4 ) million in the second quarter of 2020 .