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BigCommerce Holdings (FRA:BI1) Gross Profit : €224.4 Mil (TTM As of Mar. 2024)


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What is BigCommerce Holdings Gross Profit?

BigCommerce Holdings's gross profit for the three months ended in Mar. 2024 was €57.0 Mil. BigCommerce Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €224.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BigCommerce Holdings's gross profit for the three months ended in Mar. 2024 was €57.0 Mil. BigCommerce Holdings's Revenue for the three months ended in Mar. 2024 was €73.9 Mil. Therefore, BigCommerce Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 77.05%.

BigCommerce Holdings had a gross margin of 77.05% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of BigCommerce Holdings was 77.95%. The lowest was 74.92%. And the median was 76.07%.


BigCommerce Holdings Gross Profit Historical Data

The historical data trend for BigCommerce Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BigCommerce Holdings Gross Profit Chart

BigCommerce Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 76.57 97.20 151.67 197.39 215.67

BigCommerce Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.73 52.32 55.28 59.79 56.97

Competitive Comparison of BigCommerce Holdings's Gross Profit

For the Software - Application subindustry, BigCommerce Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BigCommerce Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, BigCommerce Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where BigCommerce Holdings's Gross Profit falls into.



BigCommerce Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

BigCommerce Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=283.714 - 68.043
=215.7

BigCommerce Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=73.931 - 16.964
=57.0

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €224.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

BigCommerce Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=57.0 / 73.931
=77.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


BigCommerce Holdings  (FRA:BI1) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BigCommerce Holdings had a gross margin of 77.05% for the quarter that ended in Mar. 2024 => Durable competitive advantage


BigCommerce Holdings Gross Profit Related Terms

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BigCommerce Holdings (FRA:BI1) Business Description

Traded in Other Exchanges
Address
11305 Four Points Drive, Suite 100, Building II, Austin, TX, USA, 78726
BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which a majority of revenue is generated from Americas-U.S.

BigCommerce Holdings (FRA:BI1) Headlines

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