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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and STARZ ENTERTAINMENT CORP (STRZ). Click either name above to swap in a different company.
BILL Holdings, Inc. is the larger business by last-quarter revenue ($414.7M vs $320.9M, roughly 1.3× STARZ ENTERTAINMENT CORP). BILL Holdings, Inc. runs the higher net margin — -0.6% vs -16.4%, a 15.8% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs -7.5%). BILL Holdings, Inc. produced more free cash flow last quarter ($103.8M vs $-31.3M). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs -40.6%).
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.
Starz Entertainment Corp., formerly known as Lions Gate Entertainment Corporation, or simply Lionsgate, is a Canadian-American entertainment company currently headquartered in Santa Monica, California. Founded by Frank Giustra on July 10, 1997, it is/was domiciled and incorporated in Vancouver, British Columbia.
BILL vs STRZ — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $414.7M | $320.9M |
| Net Profit | $-2.6M | $-52.6M |
| Gross Margin | 79.8% | — |
| Operating Margin | -4.4% | -10.8% |
| Net Margin | -0.6% | -16.4% |
| Revenue YoY | 14.4% | -7.5% |
| Net Profit YoY | -107.7% | -71.9% |
| EPS (diluted) | $-0.03 | $-3.15 |
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 | — | ||
| Q3 25 | $395.7M | $320.9M | ||
| Q2 25 | $383.3M | $319.7M | ||
| Q1 25 | $358.2M | — | ||
| Q4 24 | $362.6M | $970.5M | ||
| Q3 24 | $358.4M | $346.9M | ||
| Q2 24 | $343.7M | $347.6M | ||
| Q1 24 | $323.0M | — |
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-3.0M | $-52.6M | ||
| Q2 25 | $-7.1M | $-42.5M | ||
| Q1 25 | $-11.6M | — | ||
| Q4 24 | $33.5M | $-21.9M | ||
| Q3 24 | $8.9M | $-30.6M | ||
| Q2 24 | $7.6M | $4.2M | ||
| Q1 24 | $31.8M | — |
| 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% | — | ||
| Q3 25 | -5.2% | -10.8% | ||
| Q2 25 | -5.8% | -8.4% | ||
| Q1 25 | -8.1% | — | ||
| Q4 24 | -6.0% | 3.7% | ||
| Q3 24 | -2.1% | -4.9% | ||
| Q2 24 | -6.5% | 2.9% | ||
| Q1 24 | -8.6% | — |
| Q4 25 | -0.6% | — | ||
| Q3 25 | -0.7% | -16.4% | ||
| Q2 25 | -1.8% | -13.3% | ||
| Q1 25 | -3.2% | — | ||
| Q4 24 | 9.3% | -2.3% | ||
| Q3 24 | 2.5% | -8.8% | ||
| Q2 24 | 2.2% | 1.2% | ||
| Q1 24 | 9.8% | — |
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.03 | $-3.15 | ||
| Q2 25 | $0.02 | $-2.54 | ||
| Q1 25 | $-0.11 | — | ||
| Q4 24 | $-0.06 | $-0.09 | ||
| Q3 24 | $0.08 | $-1.83 | ||
| Q2 24 | $0.37 | $0.26 | ||
| Q1 24 | $0.00 | — |
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 | $37.0M |
| Total DebtLower is stronger | $1.8B | $608.7M |
| Stockholders' EquityBook value | $3.8B | $663.2M |
| Total Assets | $10.1B | $2.0B |
| Debt / EquityLower = less leverage | 0.48× | 0.92× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $37.0M | ||
| Q2 25 | $1.0B | $51.6M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.6B | $200.5M | ||
| Q3 24 | $853.5M | $229.6M | ||
| Q2 24 | $985.9M | $192.5M | ||
| Q1 24 | $952.5M | — |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | $608.7M | ||
| Q2 25 | $1.7B | $611.7M | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $914.8M | $2.1B | ||
| Q2 24 | $914.0M | $1.5B | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.9B | $663.2M | ||
| Q2 25 | $3.9B | $712.3M | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.8B | $-168.3M | ||
| Q3 24 | $4.0B | $935.9M | ||
| Q2 24 | $4.1B | $973.1M | ||
| Q1 24 | $4.1B | — |
| Q4 25 | $10.1B | — | ||
| Q3 25 | $10.2B | $2.0B | ||
| Q2 25 | $10.1B | $2.1B | ||
| Q1 25 | $9.6B | — | ||
| Q4 24 | $9.7B | $7.2B | ||
| Q3 24 | $9.0B | $7.1B | ||
| Q2 24 | $9.2B | $7.2B | ||
| Q1 24 | $9.1B | — |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.48× | 0.92× | ||
| Q2 25 | 0.44× | 0.86× | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.44× | — | ||
| Q3 24 | 0.23× | 2.24× | ||
| Q2 24 | 0.22× | 1.59× | ||
| 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 | $-26.1M |
| Free Cash FlowOCF − Capex | $103.8M | $-31.3M |
| FCF MarginFCF / Revenue | 25.0% | -9.8% |
| Capex IntensityCapex / Revenue | 0.4% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $378.8M | $-317.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $105.3M | — | ||
| Q3 25 | $96.9M | $-26.1M | ||
| Q2 25 | $83.8M | $65.4M | ||
| Q1 25 | $99.5M | — | ||
| Q4 24 | $78.7M | $-335.3M | ||
| Q3 24 | $88.6M | $9.1M | ||
| Q2 24 | $78.6M | $-33.5M | ||
| Q1 24 | $66.8M | — |
| Q4 25 | $103.8M | — | ||
| Q3 25 | $95.6M | $-31.3M | ||
| Q2 25 | $81.0M | $58.5M | ||
| Q1 25 | $98.4M | — | ||
| Q4 24 | $78.3M | $-349.3M | ||
| Q3 24 | $88.6M | $4.4M | ||
| Q2 24 | $78.4M | $-38.4M | ||
| Q1 24 | $66.8M | — |
| Q4 25 | 25.0% | — | ||
| Q3 25 | 24.1% | -9.8% | ||
| Q2 25 | 21.1% | 18.3% | ||
| Q1 25 | 27.5% | — | ||
| Q4 24 | 21.6% | -36.0% | ||
| Q3 24 | 24.7% | 1.3% | ||
| Q2 24 | 22.8% | -11.0% | ||
| Q1 24 | 20.7% | — |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | 1.6% | ||
| Q2 25 | 0.7% | 2.2% | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.1% | 1.4% | ||
| Q3 24 | 0.0% | 1.4% | ||
| Q2 24 | 0.1% | 1.4% | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | 9.94× | — | ||
| Q2 24 | 10.35× | -7.98× | ||
| 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% |
STRZ
| Over The Top Subscription Service OTT | $222.8M | 69% |
| Linear Subscription Service | $98.1M | 31% |
