BILL Holdings, Inc.BILLEarnings & Financial Report
BILL Holdings, Inc. is an American company based in San Jose, California, that provides automated, cloud-based software for financial operations for small businesses in the United States. A white-labeled, end-to-end payments automation platform, Bill.com Connect is offered to financial institutions as part of their single sign-on online business banking ecosystem.
Revenue
$383.3M
Gross Profit
$309.8M
Operating Profit
$-22.2M
Net Profit
$-7.1M
Gross Margin
80.8%
Operating Margin
-5.8%
Net Margin
-1.8%
YoY Growth
11.5%
EPS
$0.02
BILL Holdings, Inc. Q4 FY2025 Financial Summary
BILL Holdings, Inc. reported revenue of $383.3M (up 11.5% YoY) for Q4 FY2025, with a net profit of $-7.1M (down 193.1% YoY) (-1.8% margin). Cost of goods sold was $73.6M, operating expenses totaled $332.0M.
Key Financial Metrics
| Total Revenue | $383.3M |
|---|---|
| Net Profit | $-7.1M |
| Gross Margin | 80.8% |
| Operating Margin | -5.8% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
BILL Holdings, Inc. Q4 FY2025 revenue of $383.3M breaks down across 4 segments, led by Accounts Payable And Accounts Receivable Solutions at $174.9M (45.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Accounts Payable And Accounts Receivable Solutions | $174.9M | 45.6% |
| Spend And Expense Interchange Revenue | $150.7M | 39.3% |
| Interest On Funds Held For Customers | $37.4M | 9.8% |
| Embedded And Other Solutions | $20.4M | 5.3% |
BILL Holdings, Inc. Revenue by Segment — Quarterly Trend
BILL Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Accounts Payable And Accounts Receivable Solutions and Spend And Expense Interchange Revenue) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Accounts Payable And Accounts Receivable Solutions | $185.9M | $178.6M | $174.9M | $163.8M |
| Spend And Expense Interchange Revenue | $166.5M | $157.3M | $150.7M | $137.9M |
| Interest On Funds Held For Customers | $39.5M | $37.7M | $37.4M | $37.9M |
| Embedded And Other Solutions | $22.8M | $22.1M | $20.4M | $18.6M |
BILL Holdings, Inc. Annual Revenue by Year
BILL Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.3B |
| 2023 | $1.1B |
| 2022 | $642.0M |
BILL Holdings, Inc. Quarterly Revenue & Net Profit History
BILL Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $414.7M | +14.4% | $-2.6M | -0.6% |
| Q1 FY2026 | $395.7M | +10.4% | $-3.0M | -0.7% |
| Q4 FY2025 | $383.3M | +11.5% | $-7.1M | -1.8% |
| Q3 FY2025 | $358.2M | +10.9% | $-11.6M | -3.2% |
| Q2 FY2025 | $362.6M | +13.8% | $33.5M | 9.3% |
| Q1 FY2025 | $358.4M | +17.5% | $8.9M | 2.5% |
| Q4 FY2024 | $343.7M | +16.1% | $7.6M | 2.2% |
| Q3 FY2024 | $323.0M | +18.5% | $31.8M | 9.8% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $323.0M | $343.7M | $358.4M | $362.6M | $358.2M | $383.3M | $395.7M | $414.7M |
| YoY Growth | 18.5% | 16.1% | 17.5% | 13.8% | 10.9% | 11.5% | 10.4% | 14.4% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.12B | $9.18B | $9.05B | $9.67B | $9.63B | $10.06B | $10.15B | $10.13B |
| Liabilities | $5.06B | $5.04B | $5.03B | $5.86B | $5.76B | $6.15B | $6.27B | $6.32B |
| Equity | $4.06B | $4.13B | $4.01B | $3.81B | $3.87B | $3.91B | $3.88B | $3.81B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $66.8M | $78.6M | $88.6M | $78.7M | $99.5M | $83.8M | $96.9M | $105.3M |