EverCommerce (EVCM) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue grew 5.3% year-over-year to $147.5 million, within guidance, driven by recurring subscription and transaction fees and expansion in core verticals.

• Adjusted EBITDA reached $46.5 million, representing a 31.5% margin, up 140 basis points year-over-year and exceeding guidance.

• Net income turned positive, with $11.1 million reported for Q3 2025, reversing prior year losses.

• Strategic focus sharpened by the sale of marketing technology solutions and the acquisition of ZyraTalk, an AI-powered agentic platform, to accelerate AI integration.

• Over 725,000 customers served across three verticals, with EverPro and EverHealth accounting for 95% of revenue.

Financial highlights

• Subscription and transaction revenue was $142.2 million, with core SaaS revenue growing over 8% year-over-year.

• Adjusted gross profit was $114 million, with a margin of 77.3%.

• Payments revenue grew 6% year-over-year, now 21% of total revenue, and reported on a net basis with 95% gross margin.

• Free cash flow from operations was $32.5 million for the quarter, up from $27.5 million in Q3 2024.

• Net income for Q3 2025 was $11.1 million, compared to a net loss of $9.2 million in Q3 2024.

Outlook and guidance

• Q4 2025 revenue expected between $148 million and $152 million; Adjusted EBITDA between $39.5 million and $41.5 million.

• Full-year 2025 revenue guidance narrowed to $584 million–$592 million; Adjusted EBITDA to $174.5 million–$179.5 million, with an increase at the top end.

• Guidance reflects continued operations, excludes divested marketing tech, and includes ZyraTalk with immaterial Q4 impact.