BigCommerce Holdings (BigCommerce Holdings) Gross Margin % : 77.49% (As of Dec. 2023)

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What is BigCommerce Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BigCommerce Holdings's Gross Profit for the three months ended in Dec. 2023 was $65.2 Mil. BigCommerce Holdings's Revenue for the three months ended in Dec. 2023 was $84.1 Mil. Therefore, BigCommerce Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 77.49%.

The historical rank and industry rank for BigCommerce Holdings's Gross Margin % or its related term are showing as below:

BIGC' s Gross Margin % Range Over the Past 10 Years
Min: 74.92 Med: 76.07 Max: 77.95
Current: 76.02

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%.

BIGC's Gross Margin % is ranked better than
83.98% of 2628 companies
in the Software industry
Industry Median: 41.71 vs BIGC: 76.02

BigCommerce Holdings had a gross margin of 77.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BigCommerce Holdings was -0.10% per year.

BigCommerce Holdings Gross Margin % Historical Data

The historical data trend for BigCommerce Holdings's Gross Margin % 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 Margin % Chart

BigCommerce Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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75.89

77.60

77.95

74.92

76.02

BigCommerce Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															74.47	75.69	75.14	75.59	77.49

Competitive Comparison of BigCommerce Holdings's Gross Margin %

For the Software - Application subindustry, BigCommerce Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Margin % Distribution in the Software Industry

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

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

BigCommerce Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	235.2	/	309.394
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(309.394 - 74.202)	/	309.394
	=	76.02 %

BigCommerce Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	65.2	/	84.149
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(84.149 - 18.946)	/	84.149
	=	77.49 %

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 (NAS:BIGC) Gross Margin % 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 77.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

BigCommerce Holdings Gross Margin % Related Terms

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BigCommerce Holdings (BigCommerce Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BigCommerce Holdings Inc (NAS:BIGC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

BI1:Germany

Address

11305 Four Points Drive, Suite 100, Building II, Austin, TX, USA, 78726

Website

http://www.bigcommerce.com

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.

Executives

Jeffrey Gordon Richards	director	3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Steven Chung	officer: President	11305 FOUR POINTS DR., BLDG. 2, SUITE 100, AUSTIN TX 78726
Lisa Pearson	officer: Chief Marketing Officer	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Daniel Lentz	officer: Chief Financial Officer	11305 FOUR POINT DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Hubert S Ban	officer: Chief Accounting Officer	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Charles D Cassidy	officer: General Counsel	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Brent Bellm	director, officer: See Remarks	11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Brian Singh Dhatt	officer: Chief Technology Officer	11305 FOUR POINTS DRIVE, BLDG. II, THIRD FLOOR, AUSTIN TX 78726
Jeff Mengoli	officer: See Remarks	11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Russell Scott Klein	officer: Chief Commercial Officer	11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Marc Ostryniec	officer: Chief Sales Officer	11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Robert Kaloustian	officer: Chief Services Officer	11305 FOUR POINTS DRIVE, BLDG II, THIRD FLOOR, AUSTIN TX 78726
Robert Alvarez	officer: Chief Financial Officer	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Sarah Gilligan	director	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Satish Malhotra	director	C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019