Company: EVCM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001853145-25-000047
Chunk: 16

Company: EverCommerce Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 16
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 hosting expenses, $0.2 million increase in application programming interface fees, and $0.2 million increase in campaign mail expense. The increase for the nine-month period was driven primarily by an additional $2.1 million in communication services expenses, $1.0 million in software hosting expenses, $0.7 million in application programming interface fees, $0.6 million in outsourced services, $0.5 million in software and tools, $0.5 million in campaign mail and advertising expenses, $0.3 million in credit card processing fees, and $0.4 million in personnel and compensation expenses, partially offset by a $2.0 million decrease in clearinghouse fees.

Sales and Marketing

 Three months ended September 30,ChangeNine months ended September 30,Change 20252024$20252024$ (dollars in thousands)Sales and marketing$26,526$28,545$(2,019)$85,920$85,068$852 

Sales and marketing expenses decreased by $2.0 million, or 7.1%, and increased $0.9 million, or 1.0%, for the three and nine months ended September 30, 2025, respectively, as compared to the same periods in 2024. The decrease for the three-month period was driven primarily by a $1.7 million decrease in advertising expense, a $0.6 million decrease in volume from third-party channels, a $0.3 million decrease in professional fees, and a $0.2 million decrease in software and tools, partially offset by an additional $0.8 million in personnel and compensation expenses. The increase for the nine-month period was driven primarily by an additional $2.7 million in personnel and compensation expenses and $0.9 million in consulting and outsourced services, partially offset by a $1.2 million decrease in volume from third-party channels, $0.9 million reduction in advertising expense, and a $0.5 million decrease in software and tools.

Product Development

 Three months ended September 30,ChangeNine months ended September 30,Change20252024$20252024$ (dollars in thousands)Product development$19,387$19,135$252 $58,847$57,669$1,178 

Product development expenses increased by $0.3 million, or 1.3%, and $1.2 million, or 2.