As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the e-commerce software industry, including VeriSign (NASDAQ: VRSN) and its peers.

While e-commerce has been around for over two decades and enjoyed meaningful growth, its overall penetration of retail still remains low. Only around $1 in every $5 spent on retail purchases comes from digital orders, leaving over 80% of the retail market still ripe for online disruption. It is these large swathes of the retail where e-commerce has not yet taken hold that drives the demand for various e-commerce software solutions.

The 5 e-commerce software stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 0.9% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11.2% since the latest earnings results.

VeriSign (NASDAQ: VRSN)

While the company is not a domain registrar and does not directly sell domain names to end users, Verisign (NASDAQ: VRSN) operates and maintains the infrastructure to support domain names such as .com and .net.

VeriSign reported revenues of $395.4 million, up 3.9% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company.

The stock is up 9.2% since reporting and currently trades at $240.31.

Is now the time to buy VeriSign? Access our full analysis of the earnings results here, it’s free.

Best Q4: Shopify (NYSE: SHOP)

Originally created as an internal tool for a snowboarding company, Shopify (NYSE: SHOP) provides a software platform for building and operating e-commerce businesses.

Shopify reported revenues of $2.81 billion, up 31.2% year on year, outperforming analysts’ expectations by 3%. The business had a strong quarter with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ total payment volume estimates.

Shopify achieved the biggest analyst estimates beat and fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 18.5% since reporting. It currently trades at $97.75.

Is now the time to buy Shopify? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: BigCommerce (NASDAQ: BIGC)

Founded in Sydney, Australia in 2009 by Mitchell Harper and Eddie Machaalani, BigCommerce (NASDAQ: BIGC) provides software for businesses to easily create online stores.

BigCommerce reported revenues of $87.03 million, up 3.4% year on year, in line with analysts’ expectations. It was a slower quarter as it posted full-year guidance of slowing revenue growth and a miss of analysts’ billings estimates.

BigCommerce delivered the slowest revenue growth in the group. As expected, the stock is down 9.9% since the results and currently trades at $6.04.

Read our full analysis of BigCommerce’s results here.

Wix (NASDAQ: WIX)

Founded in 2006 in Tel Aviv, Wix.com (NASDAQ: WIX) offers a free and easy to operate website building platform.

Wix reported revenues of $460.5 million, up 14% year on year. This result was in line with analysts’ expectations. More broadly, it was a slower quarter as it logged revenue guidance for next quarter in line with analysts’ expectations.

Wix had the weakest performance against analyst estimates and weakest full-year guidance update among its peers. The stock is down 18.8% since reporting and currently trades at $185.10.

Read our full, actionable report on Wix here, it’s free.

GoDaddy (NYSE: GDDY)

Founded by Bob Parsons after selling his first company to Intuit, GoDaddy (NYSE: GDDY) provides small and mid-sized businesses with the ability to buy a web domain and tools to create and manage a website.

GoDaddy reported revenues of $1.19 billion, up 8.4% year on year. This number topped analysts’ expectations by 1.4%. It was a satisfactory quarter as it also put up a solid beat of analysts’ EBITDA estimates.

GoDaddy delivered the highest full-year guidance raise among its peers. The stock is down 18% since reporting and currently trades at $174.29.

Read our full, actionable report on GoDaddy here, it’s free.

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