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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and EDGEWELL PERSONAL CARE Co (EPC). Click either name above to swap in a different company.

EDGEWELL PERSONAL CARE Co is the larger business by last-quarter revenue ($422.8M vs $414.7M, roughly 1.0× BILL Holdings, Inc.). BILL Holdings, Inc. runs the higher net margin — -0.6% vs -15.5%, a 14.9% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs -11.6%). BILL Holdings, Inc. produced more free cash flow last quarter ($103.8M vs $-137.5M). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs -16.0%).

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.

The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings, Inc..

BILL vs EPC — Head-to-Head

Bigger by revenue
EPC
EPC
1.0× larger
EPC
$422.8M
$414.7M
BILL
Growing faster (revenue YoY)
BILL
BILL
+26.0% gap
BILL
14.4%
-11.6%
EPC
Higher net margin
BILL
BILL
14.9% more per $
BILL
-0.6%
-15.5%
EPC
More free cash flow
BILL
BILL
$241.3M more FCF
BILL
$103.8M
$-137.5M
EPC
Faster 2-yr revenue CAGR
BILL
BILL
Annualised
BILL
13.3%
-16.0%
EPC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
BILL
BILL
EPC
EPC
Revenue
$414.7M
$422.8M
Net Profit
$-2.6M
$-65.7M
Gross Margin
79.8%
38.1%
Operating Margin
-4.4%
-4.5%
Net Margin
-0.6%
-15.5%
Revenue YoY
14.4%
-11.6%
Net Profit YoY
-107.7%
-3028.6%
EPS (diluted)
$-0.03
$-1.41

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
EPC
EPC
Q4 25
$414.7M
$422.8M
Q3 25
$395.7M
$600.5M
Q2 25
$383.3M
$627.2M
Q1 25
$358.2M
$580.7M
Q4 24
$362.6M
$415.1M
Q3 24
$358.4M
$517.6M
Q2 24
$343.7M
$647.8M
Q1 24
$323.0M
$599.4M
Net Profit
BILL
BILL
EPC
EPC
Q4 25
$-2.6M
$-65.7M
Q3 25
$-3.0M
$-30.6M
Q2 25
$-7.1M
$29.1M
Q1 25
$-11.6M
$29.0M
Q4 24
$33.5M
$-2.1M
Q3 24
$8.9M
$8.8M
Q2 24
$7.6M
$49.0M
Q1 24
$31.8M
$36.0M
Gross Margin
BILL
BILL
EPC
EPC
Q4 25
79.8%
38.1%
Q3 25
80.5%
37.9%
Q2 25
80.8%
42.8%
Q1 25
81.2%
44.1%
Q4 24
81.6%
41.6%
Q3 24
82.0%
41.1%
Q2 24
81.0%
44.3%
Q1 24
83.0%
43.1%
Operating Margin
BILL
BILL
EPC
EPC
Q4 25
-4.4%
-4.5%
Q3 25
-5.2%
-4.2%
Q2 25
-5.8%
8.6%
Q1 25
-8.1%
10.1%
Q4 24
-6.0%
2.2%
Q3 24
-2.1%
3.9%
Q2 24
-6.5%
12.8%
Q1 24
-8.6%
11.7%
Net Margin
BILL
BILL
EPC
EPC
Q4 25
-0.6%
-15.5%
Q3 25
-0.7%
-5.1%
Q2 25
-1.8%
4.6%
Q1 25
-3.2%
5.0%
Q4 24
9.3%
-0.5%
Q3 24
2.5%
1.7%
Q2 24
2.2%
7.6%
Q1 24
9.8%
6.0%
EPS (diluted)
BILL
BILL
EPC
EPC
Q4 25
$-0.03
$-1.41
Q3 25
$-0.03
$-0.65
Q2 25
$0.02
$0.62
Q1 25
$-0.11
$0.60
Q4 24
$-0.06
$-0.04
Q3 24
$0.08
$0.18
Q2 24
$0.37
$0.98
Q1 24
$0.00
$0.72

Balance Sheet & Financial Strength

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

Metric
BILL
BILL
EPC
EPC
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$1.8B
$1.5B
Stockholders' EquityBook value
$3.8B
$1.5B
Total Assets
$10.1B
$3.8B
Debt / EquityLower = less leverage
0.48×
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILL
BILL
EPC
EPC
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.6B
Q3 24
$853.5M
$209.1M
Q2 24
$985.9M
Q1 24
$952.5M
Total Debt
BILL
BILL
EPC
EPC
Q4 25
$1.8B
$1.5B
Q3 25
$1.9B
$1.4B
Q2 25
$1.7B
$1.4B
Q1 25
$1.7B
$1.4B
Q4 24
$1.7B
$1.4B
Q3 24
$914.8M
$1.3B
Q2 24
$914.0M
$1.3B
Q1 24
$1.1B
$1.4B
Stockholders' Equity
BILL
BILL
EPC
EPC
Q4 25
$3.8B
$1.5B
Q3 25
$3.9B
$1.6B
Q2 25
$3.9B
$1.6B
Q1 25
$3.9B
$1.5B
Q4 24
$3.8B
$1.5B
Q3 24
$4.0B
$1.6B
Q2 24
$4.1B
$1.6B
Q1 24
$4.1B
$1.6B
Total Assets
BILL
BILL
EPC
EPC
Q4 25
$10.1B
$3.8B
Q3 25
$10.2B
$3.8B
Q2 25
$10.1B
$3.8B
Q1 25
$9.6B
$3.8B
Q4 24
$9.7B
$3.7B
Q3 24
$9.0B
$3.7B
Q2 24
$9.2B
$3.7B
Q1 24
$9.1B
$3.8B
Debt / Equity
BILL
BILL
EPC
EPC
Q4 25
0.48×
1.03×
Q3 25
0.48×
0.89×
Q2 25
0.44×
0.88×
Q1 25
0.43×
0.95×
Q4 24
0.44×
0.97×
Q3 24
0.23×
0.81×
Q2 24
0.22×
0.82×
Q1 24
0.28×
0.88×

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
EPC
EPC
Operating Cash FlowLast quarter
$105.3M
$-125.9M
Free Cash FlowOCF − Capex
$103.8M
$-137.5M
FCF MarginFCF / Revenue
25.0%
-32.5%
Capex IntensityCapex / Revenue
0.4%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$378.8M
$36.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILL
BILL
EPC
EPC
Q4 25
$105.3M
$-125.9M
Q3 25
$96.9M
$74.1M
Q2 25
$83.8M
$114.8M
Q1 25
$99.5M
$45.1M
Q4 24
$78.7M
$-115.6M
Q3 24
$88.6M
$-388.3M
Q2 24
$78.6M
$101.2M
Q1 24
$66.8M
$129.0M
Free Cash Flow
BILL
BILL
EPC
EPC
Q4 25
$103.8M
$-137.5M
Q3 25
$95.6M
$46.5M
Q2 25
$81.0M
$99.3M
Q1 25
$98.4M
$28.0M
Q4 24
$78.3M
$-132.4M
Q3 24
$88.6M
$-414.2M
Q2 24
$78.4M
$88.6M
Q1 24
$66.8M
$117.5M
FCF Margin
BILL
BILL
EPC
EPC
Q4 25
25.0%
-32.5%
Q3 25
24.1%
7.7%
Q2 25
21.1%
15.8%
Q1 25
27.5%
4.8%
Q4 24
21.6%
-31.9%
Q3 24
24.7%
-80.0%
Q2 24
22.8%
13.7%
Q1 24
20.7%
19.6%
Capex Intensity
BILL
BILL
EPC
EPC
Q4 25
0.4%
2.7%
Q3 25
0.3%
4.6%
Q2 25
0.7%
2.5%
Q1 25
0.3%
2.9%
Q4 24
0.1%
4.0%
Q3 24
0.0%
5.0%
Q2 24
0.1%
1.9%
Q1 24
0.0%
1.9%
Cash Conversion
BILL
BILL
EPC
EPC
Q4 25
Q3 25
Q2 25
3.95×
Q1 25
1.56×
Q4 24
2.35×
Q3 24
9.94×
-44.13×
Q2 24
10.35×
2.07×
Q1 24
2.10×
3.58×

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%

EPC
EPC

Other$242.0M57%
Sunand Skin Care Segment$131.5M31%
Shavinggelsandcreams$32.3M8%
Wipes And Other Skin Care Products$17.0M4%

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