# EverCommerce Inc. (EVCM)

> Source: Nexqual · https://nexqual.com/EVCM · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, EverCommerce Inc. (EVCM), nexqual.com/EVCM" · informational, not investment advice.

**Price:** USD 9.15 (-2.56% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 9.39 · day 8.93–9.4 · 52w 6.21–14.41 · market cap $1.62B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $598M, net income $34.0M (5.7% margin), free cash flow $104M (SEC filings).
- Valuation: P/E 47.5x (avg 126.5x at the last 1 fiscal year-ends), EV/EBITDA 16.2x, net debt $387M.
- Earnings quality: non-operating income -$27.6M vs operating income $59.3M over the last four quarters; P/E excluding non-operating income ≈27.5x (estimate: non-operating income taxed at the company's 10.4% effective rate).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (8 analysts), mean target USD 11 (range 8–13).
- Total return with dividends: 1Y -16.9% vs S&P 500 +14.8%; 5Y -55.8% vs S&P 500 +79.1%.
- Next earnings: 2026-11-05, EPS estimate USD 0.18, revenue estimate $153M. All companies reporting that day: https://nexqual.com/earnings/2026-11-05
- Dividend: EVCM paid no cash dividend in the last five years.
- Short interest: 13.17% of float (as of 2026-10-15), 12.6 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $490M | $621M | $535M | $562M | $589M | $598M |
| Operating income | -$27.2M | -$30.6M | -$2.9M | $26.2M | $59.3M | $59.3M |
| Net income | -$82.0M | -$59.8M | -$45.6M | -$41.1M | $17.6M | $34.0M |
| EPS (diluted) | -$0.82 | -$0.31 | -$0.24 | -$0.22 | $0.10 | — |
| Free cash flow | $34.4M | $62.2M | $102M | $112M | $109M | $104M |
| Operating margin | -5.5% | -4.9% | -0.5% | 4.7% | 10.1% | 9.9% |
| Net margin | -16.7% | -9.6% | -8.5% | -7.3% | 3.0% | 5.7% |
| Revenue growth | +45.2% | +26.6% | -13.8% | +5.1% | +4.8% | — |
| Cash + short-term investments | $94.0M | $92.6M | $92.6M | $136M | $130M | — |
| Total debt | $546M | $536M | $532M | $528M | $523M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 47.5x · P/E ex non-operating (est.) ≈27.5x · P/S 2.7x · EV/EBITDA 16.2x · EV/Sales 3.4x · P/FCF 15.5x · P/B 2.3x · FCF yield 6.45% · Earnings yield 2.11% · Buyback yield (TTM) 5.08% · Net debt $387M · EV $2.00B
P/E at fiscal year-ends: Dec 2025 126.5x.

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 8 analysts; mean target USD 11 (low 8, high 13).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-06 | RBC Capital | Target lowered | Sector Perform | $11 → $10 |
| 2026-08-06 | Barclays | Target raised | Underweight | $8.5 → $10 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -16.9% | -55.8% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | -17.0% | -15.0% |
| Volatility (annualized) | 67.3% | 51.6% |
| Max drawdown | -52.9% (Dec 2025→Sep 2026) | -70.0% (Oct 2021→Nov 2022) |

## Dividends
EVCM paid no cash dividend in the last five years.

## Short interest
1,878,949 shares sold short, 13.17% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 1,827,611 shares (+2.8%). Days to cover: 12.6 (short shares ÷ average daily volume).

## Peers (Software - Application)
RNG (Ringcentral, Inc.) USD 83.7 -2.90% · APPF (AppFolio, Inc.) USD 207.05 +1.00% · TTAN (ServiceTitan, Inc.) USD 80.73 -0.16% · DSGX (The Descartes Systems Group Inc) USD 92.03 -0.36% · IDCC (InterDigital, Inc.) USD 334.27 +4.28% · YMM (Full Truck Alliance Co. Ltd.) USD 8.09 +0.12%

## More
Full page: https://nexqual.com/EVCM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.18 | $0.19 | -9.1% | $152.9M | 4 |
| Next quarter (ends 2026-12-31) | $0.22 | $0.20 | +7.8% | $161.0M | 4 |
| Current fiscal year (ends 2026-12-31) | $0.75 | $0.72 | +4.2% | $613.4M | 4 |
| Next fiscal year (ends 2027-12-31) | $0.79 | $0.77 | +2.7% | $643.4M | 4 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.11 | $0.17 | Miss −35.3% | — |
| — | Quarter ended Mar 31, 2026 | $0.11 | $0.15 | Miss −26.7% | — |
| — | Quarter ended Dec 31, 2025 | $0.11 | $0.15 | Miss −26.7% | — |
| — | Quarter ended Sep 30, 2025 | $0.09 | $0.15 | Miss −40.0% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).