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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and TEXAS CAPITAL BANCSHARES INC (TCBI). Click either name above to swap in a different company.
BILL Holdings, Inc. is the larger business by last-quarter revenue ($414.7M vs $324.0M, roughly 1.3× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs -0.6%, a 23.4% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs 14.4%). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs 10.2%).
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.
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
BILL vs TCBI — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $414.7M | $324.0M |
| Net Profit | $-2.6M | $73.8M |
| Gross Margin | 79.8% | — |
| Operating Margin | -4.4% | — |
| Net Margin | -0.6% | 22.8% |
| Revenue YoY | 14.4% | 15.5% |
| Net Profit YoY | -107.7% | 56.8% |
| EPS (diluted) | $-0.03 | $1.56 |
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 | — | $324.0M | ||
| Q4 25 | $414.7M | $327.5M | ||
| Q3 25 | $395.7M | $340.4M | ||
| Q2 25 | $383.3M | $307.5M | ||
| Q1 25 | $358.2M | $280.5M | ||
| Q4 24 | $362.6M | $229.6M | ||
| Q3 24 | $358.4M | $125.3M | ||
| Q2 24 | $343.7M | $267.0M |
| Q1 26 | — | $73.8M | ||
| Q4 25 | $-2.6M | $100.7M | ||
| Q3 25 | $-3.0M | $105.2M | ||
| Q2 25 | $-7.1M | $77.3M | ||
| Q1 25 | $-11.6M | $47.0M | ||
| Q4 24 | $33.5M | $71.0M | ||
| Q3 24 | $8.9M | $-61.3M | ||
| Q2 24 | $7.6M | $41.7M |
| 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 | — | — | ||
| Q4 25 | -4.4% | 40.4% | ||
| Q3 25 | -5.2% | 40.5% | ||
| Q2 25 | -5.8% | 33.2% | ||
| Q1 25 | -8.1% | 21.6% | ||
| Q4 24 | -6.0% | 40.7% | ||
| Q3 24 | -2.1% | -63.8% | ||
| Q2 24 | -6.5% | 21.9% |
| Q1 26 | — | 22.8% | ||
| Q4 25 | -0.6% | 30.7% | ||
| Q3 25 | -0.7% | 30.9% | ||
| Q2 25 | -1.8% | 25.2% | ||
| Q1 25 | -3.2% | 16.8% | ||
| Q4 24 | 9.3% | 30.9% | ||
| Q3 24 | 2.5% | -48.9% | ||
| Q2 24 | 2.2% | 15.6% |
| Q1 26 | — | $1.56 | ||
| Q4 25 | $-0.03 | $2.11 | ||
| Q3 25 | $-0.03 | $2.18 | ||
| Q2 25 | $0.02 | $1.58 | ||
| Q1 25 | $-0.11 | $0.92 | ||
| Q4 24 | $-0.06 | $1.43 | ||
| Q3 24 | $0.08 | $-1.41 | ||
| Q2 24 | $0.37 | $0.80 |
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 | $878.3M |
| Stockholders' EquityBook value | $3.8B | $3.6B |
| Total Assets | $10.1B | $33.5B |
| Debt / EquityLower = less leverage | 0.48× | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $853.5M | — | ||
| Q2 24 | $985.9M | — |
| Q1 26 | — | $878.3M | ||
| Q4 25 | $1.8B | $620.6M | ||
| Q3 25 | $1.9B | $620.4M | ||
| Q2 25 | $1.7B | $620.3M | ||
| Q1 25 | $1.7B | $660.5M | ||
| Q4 24 | $1.7B | $660.3M | ||
| Q3 24 | $914.8M | $660.2M | ||
| Q2 24 | $914.0M | $660.0M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $3.8B | $3.6B | ||
| Q3 25 | $3.9B | $3.6B | ||
| Q2 25 | $3.9B | $3.5B | ||
| Q1 25 | $3.9B | $3.4B | ||
| Q4 24 | $3.8B | $3.4B | ||
| Q3 24 | $4.0B | $3.4B | ||
| Q2 24 | $4.1B | $3.2B |
| Q1 26 | — | $33.5B | ||
| Q4 25 | $10.1B | $31.5B | ||
| Q3 25 | $10.2B | $32.5B | ||
| Q2 25 | $10.1B | $31.9B | ||
| Q1 25 | $9.6B | $31.4B | ||
| Q4 24 | $9.7B | $30.7B | ||
| Q3 24 | $9.0B | $31.6B | ||
| Q2 24 | $9.2B | $29.9B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | 0.48× | 0.17× | ||
| Q3 25 | 0.48× | 0.17× | ||
| Q2 25 | 0.44× | 0.18× | ||
| Q1 25 | 0.43× | 0.19× | ||
| Q4 24 | 0.44× | 0.20× | ||
| Q3 24 | 0.23× | 0.20× | ||
| Q2 24 | 0.22× | 0.21× |
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 | $360.2M | ||
| Q3 25 | $96.9M | $166.3M | ||
| Q2 25 | $83.8M | $63.0M | ||
| Q1 25 | $99.5M | $368.0K | ||
| Q4 24 | $78.7M | $480.1M | ||
| Q3 24 | $88.6M | $332.8M | ||
| Q2 24 | $78.6M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $347.6M | ||
| Q3 25 | $95.6M | $161.3M | ||
| Q2 25 | $81.0M | $57.5M | ||
| Q1 25 | $98.4M | $-2.0M | ||
| Q4 24 | $78.3M | $415.2M | ||
| Q3 24 | $88.6M | $317.6M | ||
| Q2 24 | $78.4M | $11.1M |
| Q1 26 | — | — | ||
| Q4 25 | 25.0% | 106.1% | ||
| Q3 25 | 24.1% | 47.4% | ||
| Q2 25 | 21.1% | 18.7% | ||
| Q1 25 | 27.5% | -0.7% | ||
| Q4 24 | 21.6% | 180.9% | ||
| Q3 24 | 24.7% | 253.4% | ||
| Q2 24 | 22.8% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 3.8% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.1% | 28.2% | ||
| Q3 24 | 0.0% | 12.1% | ||
| Q2 24 | 0.1% | 8.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.58× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 0.81× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 2.35× | 6.76× | ||
| Q3 24 | 9.94× | — | ||
| Q2 24 | 10.35× | 0.80× |
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% |
TCBI
Segment breakdown not available.
