Related sales and marketing expense. We typically conduct our client conference in the second calendar quarter, resulting in approximately $3 million in seasonally higher expense during this quarter. However, in 2025, our client conference bridged two quarters, resulting in smaller, seasonally higher operating expenses in both quarters.
Jul 30, 2025 / receipt, needs a key / Brian Hill, CFO | earnings call 2025-07-30 | transcript 616b0130-7072-4756-a133-245a59fdb283 | chars 12498-12836 | segment 13
And then finally, G&A, we would expect to be at a 10 to 12% of revenue by 2026. That's primarily coming from just expense management and scaling our G&A line as our revenue grows.
Feb 28, 2024 / receipt, needs a key / Alex, CEO | earnings call 2024-02-28 | transcript 4e9ba14a-be1f-4b21-a9ac-49d88d34962f | chars 31753-31932 | segment 32
During September and the first week of October, I slept in 18 different beds as I traveled the country meeting with clients and prospects and gained a perspective on how regional banks and credit unions are thriving in today's environments.
Nov 1, 2023 / receipt, needs a key / Alex Schutman, CEO | earnings call 2023-11-01 | transcript e605b55d-c5b0-43d7-bfc9-fb5936051e36 | chars 2773-3013 | segment 2
Non-GAAP sales and marketing expenses were $9 million or 18% of revenue. In the prior year quarter, sales and marketing represented 14% of revenue. The primary drivers for the uptick is returning to pre-pandemic sales activities, such as our in-person client conference co-lab and higher travel costs, combined with headcount investments in our sales and marketing teams and higher new sales commissions in line with our recent sales performance.
Aug 3, 2022 / receipt, needs a key / Brian Hill, CFO | earnings call 2022-08-03 | transcript 49b6fa18-3342-42c8-bc5e-fab80912f948 | chars 16953-17399 | segment 17
Total non-GAAP sales and marketing expense was $7 million, or 75% higher than the prior year period. From a percentage of revenue perspective, sales and marketing represented 17%, which is nearly 380 basis points of margin contraction. Higher sales and marketing expense and margin contraction was the result of returning to pre-pandemic sales event and activities, such as our annual client conference and other sales events in the third quarter of 2021, combined with higher employee related costs from headcount investments in our sales and marketing teams.
Nov 4, 2021 / receipt, needs a key / Brian, CFO | earnings call 2021-11-04 | transcript 6a80c804-072b-42a6-b027-38ddca98a5f4 | chars 31205-31765 | segment 31
Despite higher employee-related costs from headcount increases in our sales and marketing teams, we achieved leverage primarily through revenue scale and lower than expected costs from travel, as well as industry conferences and trade shows, all resulting from the continued impact of the COVID-19 pandemic.
Aug 4, 2021 / receipt, needs a key / Brian, CFO | earnings call 2021-08-04 | transcript c809b699-b6d7-4535-9651-d40167a7d1a2 | chars 23989-24296 | segment 24
Despite higher employee-related costs from headcount increases in our sales and marketing teams, we achieved leverage primarily through revenue scale and lower sales travel costs as well as lower costs from industry conferences and trade shows, both resulting from the continued impact of the COVID-19 pandemic.
May 11, 2021 / receipt, needs a key / Brian, CFO | earnings call 2021-05-11 | transcript e3429077-8720-4b8e-9bfc-9a59b42ada9b | chars 27279-27590 | segment 26
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company_statement / Sep 11, 2026 / receipt
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company_statement / Sep 10, 2026 / receipt
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company_statement / Sep 10, 2026 / receipt
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company_statement / Sep 10, 2026 / receipt
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company_statement / Sep 10, 2026 / receipt
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company_statement / Sep 8, 2026 / receipt
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company_statement / Sep 8, 2026 / receipt
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company_statement / Sep 8, 2026 / receipt
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company_statement / Sep 4, 2026 / receipt
| Alex Schutman | CEO | - | receipt |
| Alex Shootman | Chief Executive Officer | - | receipt |
| Alex Shukman | CEO | - | receipt |
| Brian Hill | CFO | - | receipt |
| Cassandra Hudson | Chief Financial Officer | - | receipt |
| Mike Hansen | CEO | - | receipt |
| Mike Hanson | CEO | - | receipt |
| Stephen Bohannon | co-founder and chief strategy and sales | - | receipt |
| 2026-10-29 | earnings call | scheduled | ir |
| 2025-10-30 | Chief Financial Officer, appointed | sec_8k |
| 2021-11-04 | Chief Executive Officer, appointed | sec_8k |