Company: EVCM
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001853145-25-000037
Chunk: 65

Company: EverCommerce Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 65
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 in which a change in the estimated annual effective rate is determined.The income tax expense was $1.2 million and $0.7 million for the three months ended June 30, 2025 and 2024, respectively, and $1.8 million and $6.6 million for the six months ended June 30, 2025 and 2024, respectively. The difference in income tax expense for the three and six months ended June 30, 2025 as compared to the corresponding periods in 2024 was driven primarily by an increase in net income from continuing operations and discrete items before tax, including the sale of North American Fitness during the six months ended June 30, 2024. On July 4, 2025, President Trump signed H.R. 1, the “One Big Beautiful Bill Act,” into law. The legislation includes several changes to federal tax law that generally allow for more favorable deductibility of certain business expenses beginning in 2025, including the restoration of immediate expensing of domestic R&D expenditures, reinstatement of 100% bonus depreciation, and more favorable rules for determining the limitation on business interest expense. The act also includes certain changes to the US taxation of foreign activity, including changes to foreign tax credits, global intangible low-taxed income, foreign-derived intangible income, and base erosion and anti-abuse tax, amongst other changes. These changes are generally effective for tax years beginning after December 31, 2025. These changes were not reflected in the income tax provision for the period ended June 30, 2025, as enactment occurred after the balance sheet date. The Company is currently evaluating the impact on future periods.

Note 17. Commitments and ContingenciesThe Company has non-cancelable contractual purchase obligations incurred in the normal course of business to help deliver our services and products and provide support to its customers. These contracts with vendors primarily relate to software service, targeted mail costs, third-party fulfillment costs and software hosting. Unrecognized future minimum payments due under these agreements are as follows (in thousands):

19

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

Year ended December 31,2025 (remainder of year)$6,498 20264,785 20272,625 20282,750 2029687 Thereafter— Total future minimum payments due$17,345 From time to time, the Company is involved in various lawsuits and legal proceedings which arise in or outside the