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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
Life Time Group Holdings, Inc. is the larger business by last-quarter revenue ($745.1M vs $414.7M, roughly 1.8× BILL Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs -0.6%, a 17.1% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs 12.3%). BILL Holdings, Inc. produced more free cash flow last quarter ($103.8M vs $-64.6M). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs 11.7%).
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.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
BILL vs LTH — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $414.7M | $745.1M |
| Net Profit | $-2.6M | $123.0M |
| Gross Margin | 79.8% | 49.1% |
| Operating Margin | -4.4% | 17.4% |
| Net Margin | -0.6% | 16.5% |
| Revenue YoY | 14.4% | 12.3% |
| Net Profit YoY | -107.7% | 231.0% |
| EPS (diluted) | $-0.03 | $0.55 |
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 | $745.1M | ||
| Q3 25 | $395.7M | $782.6M | ||
| Q2 25 | $383.3M | $761.5M | ||
| Q1 25 | $358.2M | $706.0M | ||
| Q4 24 | $362.6M | $663.3M | ||
| Q3 24 | $358.4M | $693.2M | ||
| Q2 24 | $343.7M | $667.8M | ||
| Q1 24 | $323.0M | $596.7M |
| Q4 25 | $-2.6M | $123.0M | ||
| Q3 25 | $-3.0M | $102.4M | ||
| Q2 25 | $-7.1M | $72.1M | ||
| Q1 25 | $-11.6M | $76.1M | ||
| Q4 24 | $33.5M | $37.2M | ||
| Q3 24 | $8.9M | $41.4M | ||
| Q2 24 | $7.6M | $52.8M | ||
| Q1 24 | $31.8M | $24.9M |
| Q4 25 | 79.8% | 49.1% | ||
| Q3 25 | 80.5% | 47.1% | ||
| Q2 25 | 80.8% | 47.0% | ||
| Q1 25 | 81.2% | 47.5% | ||
| Q4 24 | 81.6% | 48.2% | ||
| Q3 24 | 82.0% | 46.5% | ||
| Q2 24 | 81.0% | 46.8% | ||
| Q1 24 | 83.0% | 46.1% |
| Q4 25 | -4.4% | 17.4% | ||
| Q3 25 | -5.2% | 17.3% | ||
| Q2 25 | -5.8% | 14.2% | ||
| Q1 25 | -8.1% | 15.2% | ||
| Q4 24 | -6.0% | 13.1% | ||
| Q3 24 | -2.1% | 13.5% | ||
| Q2 24 | -6.5% | 15.7% | ||
| Q1 24 | -8.6% | 12.1% |
| Q4 25 | -0.6% | 16.5% | ||
| Q3 25 | -0.7% | 13.1% | ||
| Q2 25 | -1.8% | 9.5% | ||
| Q1 25 | -3.2% | 10.8% | ||
| Q4 24 | 9.3% | 5.6% | ||
| Q3 24 | 2.5% | 6.0% | ||
| Q2 24 | 2.2% | 7.9% | ||
| Q1 24 | 9.8% | 4.2% |
| Q4 25 | $-0.03 | $0.55 | ||
| Q3 25 | $-0.03 | $0.45 | ||
| Q2 25 | $0.02 | $0.32 | ||
| Q1 25 | $-0.11 | $0.34 | ||
| Q4 24 | $-0.06 | $0.17 | ||
| Q3 24 | $0.08 | $0.19 | ||
| Q2 24 | $0.37 | $0.26 | ||
| Q1 24 | $0.00 | $0.12 |
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 | $204.8M |
| Total DebtLower is stronger | $1.8B | $1.5B |
| Stockholders' EquityBook value | $3.8B | $3.1B |
| Total Assets | $10.1B | $8.0B |
| Debt / EquityLower = less leverage | 0.48× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $204.8M | ||
| Q3 25 | $1.1B | $218.9M | ||
| Q2 25 | $1.0B | $175.5M | ||
| Q1 25 | $1.0B | $59.0M | ||
| Q4 24 | $1.6B | $10.9M | ||
| Q3 24 | $853.5M | $120.9M | ||
| Q2 24 | $985.9M | $34.5M | ||
| Q1 24 | $952.5M | $18.6M |
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $914.8M | $1.7B | ||
| Q2 24 | $914.0M | $1.8B | ||
| Q1 24 | $1.1B | $2.0B |
| Q4 25 | $3.8B | $3.1B | ||
| Q3 25 | $3.9B | $3.0B | ||
| Q2 25 | $3.9B | $2.9B | ||
| Q1 25 | $3.9B | $2.7B | ||
| Q4 24 | $3.8B | $2.6B | ||
| Q3 24 | $4.0B | $2.6B | ||
| Q2 24 | $4.1B | $2.4B | ||
| Q1 24 | $4.1B | $2.3B |
| Q4 25 | $10.1B | $8.0B | ||
| Q3 25 | $10.2B | $7.8B | ||
| Q2 25 | $10.1B | $7.6B | ||
| Q1 25 | $9.6B | $7.3B | ||
| Q4 24 | $9.7B | $7.2B | ||
| Q3 24 | $9.0B | $7.2B | ||
| Q2 24 | $9.2B | $7.1B | ||
| Q1 24 | $9.1B | $7.1B |
| Q4 25 | 0.48× | 0.48× | ||
| Q3 25 | 0.48× | 0.51× | ||
| Q2 25 | 0.44× | 0.53× | ||
| Q1 25 | 0.43× | 0.56× | ||
| Q4 24 | 0.44× | 0.59× | ||
| Q3 24 | 0.23× | 0.64× | ||
| Q2 24 | 0.22× | 0.78× | ||
| Q1 24 | 0.28× | 0.87× |
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 | $239.9M |
| Free Cash FlowOCF − Capex | $103.8M | $-64.6M |
| FCF MarginFCF / Revenue | 25.0% | -8.7% |
| Capex IntensityCapex / Revenue | 0.4% | 40.9% |
| Cash ConversionOCF / Net Profit | — | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | $378.8M | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $105.3M | $239.9M | ||
| Q3 25 | $96.9M | $251.1M | ||
| Q2 25 | $83.8M | $195.7M | ||
| Q1 25 | $99.5M | $183.9M | ||
| Q4 24 | $78.7M | $163.1M | ||
| Q3 24 | $88.6M | $151.1M | ||
| Q2 24 | $78.6M | $170.4M | ||
| Q1 24 | $66.8M | $90.4M |
| Q4 25 | $103.8M | $-64.6M | ||
| Q3 25 | $95.6M | $28.6M | ||
| Q2 25 | $81.0M | $-26.3M | ||
| Q1 25 | $98.4M | $41.4M | ||
| Q4 24 | $78.3M | $26.8M | ||
| Q3 24 | $88.6M | $64.0M | ||
| Q2 24 | $78.4M | $26.1M | ||
| Q1 24 | $66.8M | $-66.4M |
| Q4 25 | 25.0% | -8.7% | ||
| Q3 25 | 24.1% | 3.7% | ||
| Q2 25 | 21.1% | -3.5% | ||
| Q1 25 | 27.5% | 5.9% | ||
| Q4 24 | 21.6% | 4.0% | ||
| Q3 24 | 24.7% | 9.2% | ||
| Q2 24 | 22.8% | 3.9% | ||
| Q1 24 | 20.7% | -11.1% |
| Q4 25 | 0.4% | 40.9% | ||
| Q3 25 | 0.3% | 28.4% | ||
| Q2 25 | 0.7% | 29.2% | ||
| Q1 25 | 0.3% | 20.2% | ||
| Q4 24 | 0.1% | 20.6% | ||
| Q3 24 | 0.0% | 12.6% | ||
| Q2 24 | 0.1% | 21.6% | ||
| Q1 24 | 0.0% | 26.3% |
| Q4 25 | — | 1.95× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | 2.35× | 4.39× | ||
| Q3 24 | 9.94× | 3.65× | ||
| Q2 24 | 10.35× | 3.23× | ||
| Q1 24 | 2.10× | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
