Company: EVCM
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001853145-25-000037
Chunk: 51

Company: EverCommerce Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 51
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 of estimated costs to sell.

Note 5. RevenueDisaggregation of RevenueThe following tables present a disaggregation of our revenue from contracts with customers by revenue recognition pattern and geographical market:Three months ended June 30,Six months ended June 30,2025202420252024(in thousands)By pattern of recognition (timing of transfer of services):Point in time$2,725 $2,854 $5,333 $5,982 Over time145,290 137,669 284,955 272,393 Total$148,015 $140,523 $290,288 $278,375 By geographical market:United States$132,478 $125,957 $259,608 $244,818 International15,537 14,566 30,680 33,557 Total$148,015 $140,523 $290,288 $278,375 

9

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

Contract Balances Supplemental balance sheet information related to contracts from customers as of:June 30,December 31,20252024(in thousands)Accounts receivable, net$35,102 $31,090 Contract assets$15,595 $12,839 Deferred revenue$23,155 $22,107 Customer deposits$13,049 $11,382 Long-term deferred revenue$378 $512 Accounts receivable, net: Accounts receivable, net of allowance for expected credit losses, represent rights to consideration in exchange for products or services that have been transferred by us, when payment is unconditional and only the passage of time is required before payment is due. Contract assets: Contract assets represent rights to consideration in exchange for products or services that have been transferred (i.e., the performance obligation or portion of the performance obligation has been satisfied), but payment is conditional on something other than the passage of time. These amounts typically relate to contracts with the suppliers within our group purchasing programs for which payment is received at least one quarter in arrears from the service period. They also relate to contracts that include on-premise licenses and professional services where the right to payment is not present until completion of the contract or achievement of specified milestones and the fair value of products or services transferred exceed this constraint.Contract liabilities: Contract liabilities, or deferred revenue, represent our obligation to transfer products or services to a customer for which consideration has been received