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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
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% | — |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
| Accounts Payable And Accounts Receivable Solutions | $185.9M | 45% |
| Spend And Expense Interchange Revenue | $166.5M | 40% |
| Interest On Funds Held For Customers | $39.5M | 10% |
| Embedded And Other Solutions | $22.8M | 5% |
CCO
Segment breakdown not available.