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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and Clear Channel Outdoor Holdings, Inc. (CCO). Click either name above to swap in a different company.

Clear Channel Outdoor Holdings, Inc. is the larger business by last-quarter revenue ($461.5M vs $414.7M, roughly 1.1× BILL Holdings, Inc.). Clear Channel Outdoor Holdings, Inc. runs the higher net margin — 1.7% vs -0.6%, a 2.4% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs 8.2%). BILL Holdings, Inc. produced more free cash flow last quarter ($103.8M vs $30.3M). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs 13.3%).

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.

Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.

BILL vs CCO — Head-to-Head

Bigger by revenue
CCO
CCO
1.1× larger
CCO
$461.5M
$414.7M
BILL
Growing faster (revenue YoY)
BILL
BILL
+6.2% gap
BILL
14.4%
8.2%
CCO
Higher net margin
CCO
CCO
2.4% more per $
CCO
1.7%
-0.6%
BILL
More free cash flow
BILL
BILL
$73.5M more FCF
BILL
$103.8M
$30.3M
CCO
Faster 2-yr revenue CAGR
CCO
CCO
Annualised
CCO
18.8%
13.3%
BILL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
BILL
BILL
CCO
CCO
Revenue
$414.7M
$461.5M
Net Profit
$-2.6M
$8.0M
Gross Margin
79.8%
Operating Margin
-4.4%
23.3%
Net Margin
-0.6%
1.7%
Revenue YoY
14.4%
8.2%
Net Profit YoY
-107.7%
144.8%
EPS (diluted)
$-0.03
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BILL
BILL
CCO
CCO
Q4 25
$414.7M
$461.5M
Q3 25
$395.7M
$405.6M
Q2 25
$383.3M
$402.8M
Q1 25
$358.2M
$334.2M
Q4 24
$362.6M
$426.7M
Q3 24
$358.4M
$375.2M
Q2 24
$343.7M
$376.5M
Q1 24
$323.0M
$326.8M
Net Profit
BILL
BILL
CCO
CCO
Q4 25
$-2.6M
$8.0M
Q3 25
$-3.0M
$-60.1M
Q2 25
$-7.1M
$9.5M
Q1 25
$-11.6M
$62.5M
Q4 24
$33.5M
$-17.9M
Q3 24
$8.9M
$-32.5M
Q2 24
$7.6M
$-39.2M
Q1 24
$31.8M
$-89.7M
Gross Margin
BILL
BILL
CCO
CCO
Q4 25
79.8%
Q3 25
80.5%
Q2 25
80.8%
Q1 25
81.2%
Q4 24
81.6%
Q3 24
82.0%
Q2 24
81.0%
Q1 24
83.0%
Operating Margin
BILL
BILL
CCO
CCO
Q4 25
-4.4%
23.3%
Q3 25
-5.2%
19.9%
Q2 25
-5.8%
19.2%
Q1 25
-8.1%
13.5%
Q4 24
-6.0%
23.5%
Q3 24
-2.1%
17.8%
Q2 24
-6.5%
18.2%
Q1 24
-8.6%
13.4%
Net Margin
BILL
BILL
CCO
CCO
Q4 25
-0.6%
1.7%
Q3 25
-0.7%
-14.8%
Q2 25
-1.8%
2.4%
Q1 25
-3.2%
18.7%
Q4 24
9.3%
-4.2%
Q3 24
2.5%
-8.7%
Q2 24
2.2%
-10.4%
Q1 24
9.8%
-27.4%
EPS (diluted)
BILL
BILL
CCO
CCO
Q4 25
$-0.03
$0.01
Q3 25
$-0.03
$-0.12
Q2 25
$0.02
$0.02
Q1 25
$-0.11
$0.13
Q4 24
$-0.06
$-0.03
Q3 24
$0.08
$-0.07
Q2 24
$0.37
$-0.08
Q1 24
$0.00
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BILL
BILL
CCO
CCO
Cash + ST InvestmentsLiquidity on hand
$1.1B
$190.0M
Total DebtLower is stronger
$1.8B
$5.1B
Stockholders' EquityBook value
$3.8B
$-3.4B
Total Assets
$10.1B
$3.8B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILL
BILL
CCO
CCO
Q4 25
$1.1B
$190.0M
Q3 25
$1.1B
$155.0M
Q2 25
$1.0B
$138.6M
Q1 25
$1.0B
$395.8M
Q4 24
$1.6B
$109.7M
Q3 24
$853.5M
$201.1M
Q2 24
$985.9M
$189.3M
Q1 24
$952.5M
$193.2M
Total Debt
BILL
BILL
CCO
CCO
Q4 25
$1.8B
$5.1B
Q3 25
$1.9B
$5.1B
Q2 25
$1.7B
$5.1B
Q1 25
$1.7B
$5.3B
Q4 24
$1.7B
$5.7B
Q3 24
$914.8M
$5.7B
Q2 24
$914.0M
$5.7B
Q1 24
$1.1B
$5.7B
Stockholders' Equity
BILL
BILL
CCO
CCO
Q4 25
$3.8B
$-3.4B
Q3 25
$3.9B
$-3.5B
Q2 25
$3.9B
$-3.4B
Q1 25
$3.9B
$-3.4B
Q4 24
$3.8B
$-3.6B
Q3 24
$4.0B
$-3.6B
Q2 24
$4.1B
$-3.6B
Q1 24
$4.1B
$-3.5B
Total Assets
BILL
BILL
CCO
CCO
Q4 25
$10.1B
$3.8B
Q3 25
$10.2B
$3.8B
Q2 25
$10.1B
$3.8B
Q1 25
$9.6B
$4.0B
Q4 24
$9.7B
$4.8B
Q3 24
$9.0B
$4.6B
Q2 24
$9.2B
$4.5B
Q1 24
$9.1B
$4.6B
Debt / Equity
BILL
BILL
CCO
CCO
Q4 25
0.48×
Q3 25
0.48×
Q2 25
0.44×
Q1 25
0.43×
Q4 24
0.44×
Q3 24
0.23×
Q2 24
0.22×
Q1 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BILL
BILL
CCO
CCO
Operating Cash FlowLast quarter
$105.3M
$56.3M
Free Cash FlowOCF − Capex
$103.8M
$30.3M
FCF MarginFCF / Revenue
25.0%
6.6%
Capex IntensityCapex / Revenue
0.4%
5.6%
Cash ConversionOCF / Net Profit
7.04×
TTM Free Cash FlowTrailing 4 quarters
$378.8M
$32.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILL
BILL
CCO
CCO
Q4 25
$105.3M
$56.3M
Q3 25
$96.9M
$56.2M
Q2 25
$83.8M
$-12.6M
Q1 25
$99.5M
$14.9M
Q4 24
$78.7M
$29.3M
Q3 24
$88.6M
$54.5M
Q2 24
$78.6M
$30.8M
Q1 24
$66.8M
$-34.8M
Free Cash Flow
BILL
BILL
CCO
CCO
Q4 25
$103.8M
$30.3M
Q3 25
$95.6M
$41.4M
Q2 25
$81.0M
$-29.2M
Q1 25
$98.4M
$-10.6M
Q4 24
$78.3M
$-27.8M
Q3 24
$88.6M
$21.0M
Q2 24
$78.4M
$5.2M
Q1 24
$66.8M
$-61.0M
FCF Margin
BILL
BILL
CCO
CCO
Q4 25
25.0%
6.6%
Q3 25
24.1%
10.2%
Q2 25
21.1%
-7.2%
Q1 25
27.5%
-3.2%
Q4 24
21.6%
-6.5%
Q3 24
24.7%
5.6%
Q2 24
22.8%
1.4%
Q1 24
20.7%
-18.7%
Capex Intensity
BILL
BILL
CCO
CCO
Q4 25
0.4%
5.6%
Q3 25
0.3%
3.7%
Q2 25
0.7%
4.1%
Q1 25
0.3%
7.6%
Q4 24
0.1%
13.4%
Q3 24
0.0%
8.9%
Q2 24
0.1%
6.8%
Q1 24
0.0%
8.0%
Cash Conversion
BILL
BILL
CCO
CCO
Q4 25
7.04×
Q3 25
Q2 25
-1.32×
Q1 25
0.24×
Q4 24
2.35×
Q3 24
9.94×
Q2 24
10.35×
Q1 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BILL
BILL

Accounts Payable And Accounts Receivable Solutions$185.9M45%
Spend And Expense Interchange Revenue$166.5M40%
Interest On Funds Held For Customers$39.5M10%
Embedded And Other Solutions$22.8M5%

CCO
CCO

Segment breakdown not available.

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