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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and Kimco Realty (KIM). Click either name above to swap in a different company.
Kimco Realty is the larger business by last-quarter revenue ($558.0M vs $414.7M, roughly 1.3× BILL Holdings, Inc.). Kimco Realty runs the higher net margin — 29.8% vs -0.6%, a 30.4% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs 4.0%). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs 5.6%).
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.
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
BILL vs KIM — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $414.7M | $558.0M |
| Net Profit | $-2.6M | $166.3M |
| Gross Margin | 79.8% | — |
| Operating Margin | -4.4% | 37.2% |
| Net Margin | -0.6% | 29.8% |
| Revenue YoY | 14.4% | 4.0% |
| Net Profit YoY | -107.7% | 23.7% |
| EPS (diluted) | $-0.03 | $0.46 |
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.
| Q1 26 | — | $558.0M | ||
| Q4 25 | $414.7M | $542.5M | ||
| Q3 25 | $395.7M | $535.9M | ||
| Q2 25 | $383.3M | $525.2M | ||
| Q1 25 | $358.2M | $536.6M | ||
| Q4 24 | $362.6M | $525.4M | ||
| Q3 24 | $358.4M | $507.6M | ||
| Q2 24 | $343.7M | $500.2M |
| Q1 26 | — | $166.3M | ||
| Q4 25 | $-2.6M | $151.2M | ||
| Q3 25 | $-3.0M | $137.8M | ||
| Q2 25 | $-7.1M | $163.0M | ||
| Q1 25 | $-11.6M | $132.8M | ||
| Q4 24 | $33.5M | $166.0M | ||
| Q3 24 | $8.9M | $136.0M | ||
| Q2 24 | $7.6M | $119.7M |
| Q1 26 | — | — | ||
| 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 26 | — | 37.2% | ||
| Q4 25 | -4.4% | 36.4% | ||
| Q3 25 | -5.2% | 34.9% | ||
| Q2 25 | -5.8% | 39.2% | ||
| Q1 25 | -8.1% | 33.6% | ||
| Q4 24 | -6.0% | 31.7% | ||
| Q3 24 | -2.1% | 33.7% | ||
| Q2 24 | -6.5% | 32.1% |
| Q1 26 | — | 29.8% | ||
| Q4 25 | -0.6% | 27.9% | ||
| Q3 25 | -0.7% | 25.7% | ||
| Q2 25 | -1.8% | 31.0% | ||
| Q1 25 | -3.2% | 24.8% | ||
| Q4 24 | 9.3% | 31.6% | ||
| Q3 24 | 2.5% | 26.8% | ||
| Q2 24 | 2.2% | 23.9% |
| Q1 26 | — | $0.46 | ||
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $0.02 | — | ||
| Q1 25 | $-0.11 | — | ||
| Q4 24 | $-0.06 | — | ||
| Q3 24 | $0.08 | — | ||
| Q2 24 | $0.37 | — |
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 | — |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $3.8B | $10.4B |
| Total Assets | $10.1B | $19.6B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $211.6M | ||
| Q3 25 | $1.1B | $159.3M | ||
| Q2 25 | $1.0B | $226.6M | ||
| Q1 25 | $1.0B | $131.3M | ||
| Q4 24 | $1.6B | $688.6M | ||
| Q3 24 | $853.5M | $789.0M | ||
| Q2 24 | $985.9M | $126.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $7.7B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $8.0B | ||
| Q3 24 | $914.8M | — | ||
| Q2 24 | $914.0M | — |
| Q1 26 | — | $10.4B | ||
| Q4 25 | $3.8B | $10.4B | ||
| Q3 25 | $3.9B | $10.5B | ||
| Q2 25 | $3.9B | $10.5B | ||
| Q1 25 | $3.9B | $10.6B | ||
| Q4 24 | $3.8B | $10.7B | ||
| Q3 24 | $4.0B | $10.5B | ||
| Q2 24 | $4.1B | $10.6B |
| Q1 26 | — | $19.6B | ||
| Q4 25 | $10.1B | $19.7B | ||
| Q3 25 | $10.2B | $19.9B | ||
| Q2 25 | $10.1B | $19.8B | ||
| Q1 25 | $9.6B | $19.7B | ||
| Q4 24 | $9.7B | $20.3B | ||
| Q3 24 | $9.0B | $20.1B | ||
| Q2 24 | $9.2B | $19.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.48× | 0.74× | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.44× | 0.75× | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.22× | — |
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 | — |
| Free Cash FlowOCF − Capex | $103.8M | — |
| FCF MarginFCF / Revenue | 25.0% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $378.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $105.3M | $258.4M | ||
| Q3 25 | $96.9M | $332.4M | ||
| Q2 25 | $83.8M | $305.4M | ||
| Q1 25 | $99.5M | $223.8M | ||
| Q4 24 | $78.7M | $239.5M | ||
| Q3 24 | $88.6M | $295.9M | ||
| Q2 24 | $78.6M | $294.1M |
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | — | ||
| Q3 25 | $95.6M | — | ||
| Q2 25 | $81.0M | — | ||
| Q1 25 | $98.4M | $205.4M | ||
| Q4 24 | $78.3M | — | ||
| Q3 24 | $88.6M | — | ||
| Q2 24 | $78.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | 25.0% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 27.5% | 38.3% | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 24.7% | — | ||
| Q2 24 | 22.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 0.0% | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.7% | 0.0% | ||
| Q1 25 | 0.3% | 3.4% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.71× | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | 2.35× | 1.44× | ||
| Q3 24 | 9.94× | 2.18× | ||
| Q2 24 | 10.35× | 2.46× |
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% |
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
