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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

BILL Holdings, Inc. is the larger business by last-quarter revenue ($414.7M vs $247.1M, roughly 1.7× Priority Technology Holdings, Inc.). Priority Technology Holdings, Inc. runs the higher net margin — 3.6% vs -0.6%, a 4.2% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs 8.8%). BILL Holdings, Inc. produced more free cash flow last quarter ($103.8M vs $30.9M). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs 9.6%).

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.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

BILL vs PRTH — Head-to-Head

Bigger by revenue
BILL
BILL
1.7× larger
BILL
$414.7M
$247.1M
PRTH
Growing faster (revenue YoY)
BILL
BILL
+5.5% gap
BILL
14.4%
8.8%
PRTH
Higher net margin
PRTH
PRTH
4.2% more per $
PRTH
3.6%
-0.6%
BILL
More free cash flow
BILL
BILL
$73.0M more FCF
BILL
$103.8M
$30.9M
PRTH
Faster 2-yr revenue CAGR
BILL
BILL
Annualised
BILL
13.3%
9.6%
PRTH

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
BILL
BILL
PRTH
PRTH
Revenue
$414.7M
$247.1M
Net Profit
$-2.6M
$8.9M
Gross Margin
79.8%
Operating Margin
-4.4%
13.6%
Net Margin
-0.6%
3.6%
Revenue YoY
14.4%
8.8%
Net Profit YoY
-107.7%
23.9%
EPS (diluted)
$-0.03
$0.10

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
PRTH
PRTH
Q4 25
$414.7M
$247.1M
Q3 25
$395.7M
$241.4M
Q2 25
$383.3M
$239.8M
Q1 25
$358.2M
$224.6M
Q4 24
$362.6M
$227.1M
Q3 24
$358.4M
$227.0M
Q2 24
$343.7M
$219.9M
Q1 24
$323.0M
$205.7M
Net Profit
BILL
BILL
PRTH
PRTH
Q4 25
$-2.6M
$8.9M
Q3 25
$-3.0M
$27.6M
Q2 25
$-7.1M
$10.9M
Q1 25
$-11.6M
$8.3M
Q4 24
$33.5M
$7.2M
Q3 24
$8.9M
$10.6M
Q2 24
$7.6M
$994.0K
Q1 24
$31.8M
$5.2M
Gross Margin
BILL
BILL
PRTH
PRTH
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
PRTH
PRTH
Q4 25
-4.4%
13.6%
Q3 25
-5.2%
15.6%
Q2 25
-5.8%
15.6%
Q1 25
-8.1%
14.5%
Q4 24
-6.0%
15.0%
Q3 24
-2.1%
16.8%
Q2 24
-6.5%
15.1%
Q1 24
-8.6%
13.6%
Net Margin
BILL
BILL
PRTH
PRTH
Q4 25
-0.6%
3.6%
Q3 25
-0.7%
11.4%
Q2 25
-1.8%
4.5%
Q1 25
-3.2%
3.7%
Q4 24
9.3%
3.2%
Q3 24
2.5%
4.7%
Q2 24
2.2%
0.5%
Q1 24
9.8%
2.5%
EPS (diluted)
BILL
BILL
PRTH
PRTH
Q4 25
$-0.03
$0.10
Q3 25
$-0.03
$0.34
Q2 25
$0.02
$0.14
Q1 25
$-0.11
$0.10
Q4 24
$-0.06
$-0.05
Q3 24
$0.08
$0.07
Q2 24
$0.37
$-0.23
Q1 24
$0.00
$-0.10

Balance Sheet & Financial Strength

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

Metric
BILL
BILL
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$1.1B
$77.2M
Total DebtLower is stronger
$1.8B
$1.0B
Stockholders' EquityBook value
$3.8B
$-100.4M
Total Assets
$10.1B
$2.4B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILL
BILL
PRTH
PRTH
Q4 25
$1.1B
$77.2M
Q3 25
$1.1B
$57.0M
Q2 25
$1.0B
$50.6M
Q1 25
$1.0B
$47.6M
Q4 24
$1.6B
$58.6M
Q3 24
$853.5M
$41.1M
Q2 24
$985.9M
$34.6M
Q1 24
$952.5M
$34.3M
Total Debt
BILL
BILL
PRTH
PRTH
Q4 25
$1.8B
$1.0B
Q3 25
$1.9B
$997.5M
Q2 25
$1.7B
$917.0M
Q1 25
$1.7B
$918.9M
Q4 24
$1.7B
$920.9M
Q3 24
$914.8M
$808.1M
Q2 24
$914.0M
$809.0M
Q1 24
$1.1B
$631.4M
Stockholders' Equity
BILL
BILL
PRTH
PRTH
Q4 25
$3.8B
$-100.4M
Q3 25
$3.9B
$-110.3M
Q2 25
$3.9B
$-146.1M
Q1 25
$3.9B
$-158.3M
Q4 24
$3.8B
$-166.8M
Q3 24
$4.0B
$-165.8M
Q2 24
$4.1B
$-172.1M
Q1 24
$4.1B
$-159.9M
Total Assets
BILL
BILL
PRTH
PRTH
Q4 25
$10.1B
$2.4B
Q3 25
$10.2B
$2.2B
Q2 25
$10.1B
$2.0B
Q1 25
$9.6B
$1.9B
Q4 24
$9.7B
$1.8B
Q3 24
$9.0B
$1.8B
Q2 24
$9.2B
$1.7B
Q1 24
$9.1B
$1.6B
Debt / Equity
BILL
BILL
PRTH
PRTH
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
PRTH
PRTH
Operating Cash FlowLast quarter
$105.3M
$36.8M
Free Cash FlowOCF − Capex
$103.8M
$30.9M
FCF MarginFCF / Revenue
25.0%
12.5%
Capex IntensityCapex / Revenue
0.4%
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$378.8M
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILL
BILL
PRTH
PRTH
Q4 25
$105.3M
$36.8M
Q3 25
$96.9M
$36.1M
Q2 25
$83.8M
$17.1M
Q1 25
$99.5M
$10.0M
Q4 24
$78.7M
$23.8M
Q3 24
$88.6M
$19.8M
Q2 24
$78.6M
$28.7M
Q1 24
$66.8M
$13.3M
Free Cash Flow
BILL
BILL
PRTH
PRTH
Q4 25
$103.8M
$30.9M
Q3 25
$95.6M
$30.1M
Q2 25
$81.0M
$9.2M
Q1 25
$98.4M
$4.9M
Q4 24
$78.3M
$19.1M
Q3 24
$88.6M
$14.5M
Q2 24
$78.4M
$23.6M
Q1 24
$66.8M
$6.7M
FCF Margin
BILL
BILL
PRTH
PRTH
Q4 25
25.0%
12.5%
Q3 25
24.1%
12.5%
Q2 25
21.1%
3.8%
Q1 25
27.5%
2.2%
Q4 24
21.6%
8.4%
Q3 24
24.7%
6.4%
Q2 24
22.8%
10.7%
Q1 24
20.7%
3.3%
Capex Intensity
BILL
BILL
PRTH
PRTH
Q4 25
0.4%
2.4%
Q3 25
0.3%
2.5%
Q2 25
0.7%
3.3%
Q1 25
0.3%
2.3%
Q4 24
0.1%
2.0%
Q3 24
0.0%
2.3%
Q2 24
0.1%
2.3%
Q1 24
0.0%
3.2%
Cash Conversion
BILL
BILL
PRTH
PRTH
Q4 25
4.12×
Q3 25
1.31×
Q2 25
1.57×
Q1 25
1.20×
Q4 24
2.35×
3.29×
Q3 24
9.94×
1.87×
Q2 24
10.35×
28.87×
Q1 24
2.10×
2.56×

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%

PRTH
PRTH

Segment breakdown not available.

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