BILL (NYSE:BILL) Releases Earnings Results, Beats Estimates By $0.13 EPS

BILL (NYSE:BILL) issued its quarterly earnings data on Wednesday. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.13, FiscalAI reports. BILL had a positive return on equity of 3.67% and a negative net margin of 0.68%.The firm had revenue of $436.19 million during the quarter, compared to the consensus estimate of $430.55 million. During the same period in the previous year, the firm posted $0.53 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. BILL updated its Q1 2027 guidance to 0.960-1.000 EPS and its FY 2027 guidance to 3.560-3.790 EPS.

Here are the key takeaways from BILL’s conference call:

• AI adoption is expanding rapidly: More than 175,000 businesses are using BILL’s AI agents, while the W9 agent surpassed 40,000 organizations and the invoice-coding agent reached over 60,000 companies. Management plans to make AI-native, agentic automation central to the platform and expects future monetization through subscription tiers and usage-based pricing.
• Profitability and efficiency improved significantly: Q4 core revenue grew 16% year over year, non-GAAP operating margin reached 23%, and FY2027 guidance calls for 23%-24% margins, more than $125 million in GAAP profit, and 33% non-GAAP EPS growth. The restructuring is expected to deliver approximately $80 million of annual net savings after reinvestment.
• Capital returns remain substantial: BILL repurchased approximately $300 million of stock in Q4 and has retired roughly 14% of its common shares since the prior earnings call. Management expects to complete the remaining $400 million under its $1 billion authorization.
• Payment volume and credit economics showed strength: AP/AR TPV exceeded expectations by about 300 basis points, driven by larger customers and strong ACH usage, while invoice-financing volume and revenue each grew about 30% in FY2026. The AI underwriting model reduced the expected loss rate by more than 50%.
• Near-term growth faces several headwinds: FY2027 core revenue guidance of 11%-14% includes a two-point impact from Spend & Expense dynamics and a one-point impact from bank-channel changes, with Q2 expected to be the trough of the year’s growth trajectory. Net new customer additions fell to about 1,800 in Q4, and management expects to discontinue some customized bank relationships while the sales organization transitions to a unified platform-selling model.

BILL Price Performance

BILL opened at $47.26 on Friday. The company’s 50 day simple moving average is $42.03 and its 200 day simple moving average is $40.58. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 1.66. BILL has a 1 year low of $31.41 and a 1 year high of $57.21. The stock has a market capitalization of $4.71 billion, a PE ratio of -363.54, a P/E/G ratio of 1.07 and a beta of 1.13.

Institutional Trading of BILL

Institutional investors have recently made changes to their positions in the stock. UMB Bank n.a. increased its holdings in shares of BILL by 21.8% during the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after purchasing an additional 239 shares during the period. Thrivent Financial for Lutherans lifted its holdings in BILL by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after purchasing an additional 327 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in BILL by 1.7% in the third quarter. Public Employees Retirement System of Ohio now owns 29,099 shares of the company’s stock worth $1,541,000 after purchasing an additional 484 shares during the period. Caitong International Asset Management Co. Ltd grew its position in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after buying an additional 486 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in BILL in the 4th quarter valued at about $28,000. 97.99% of the stock is owned by hedge funds and other institutional investors.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Fourth-quarter results beat expectations. BILL reported adjusted EPS of $0.84, above the $0.71 consensus estimate, while revenue rose 13.8% year over year to $436.2 million, exceeding expectations of $430.6 million. Bill Holdings Shares Climb on Strong Q4 Report: Details
• Positive Sentiment: Fiscal 2027 earnings guidance was well above consensus. BILL guided for full-year EPS of $3.56-$3.79, compared with analysts’ estimate of $3.00. First-quarter EPS guidance of $0.96-$1.00 also exceeded the $0.67 consensus, signaling expectations for continued profitable growth. BILL Holdings Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management is emphasizing AI-native automation and payment-volume growth. The company expects AI-powered products, unified-platform sales and rising total payment volume (TPV) to support fiscal 2027 growth and operating efficiency. TPV from AI-native companies reportedly doubled sequentially. BILL Q4 Earnings Call Centers on AI-Native Shift
• Positive Sentiment: Analysts raised their valuation expectations. Keefe, Bruyette & Woods increased its price target to $54 from $46 while maintaining a “market perform” rating. BTIG reaffirmed its “buy” rating with a $60 target. Analyst Rating and Price Target Updates
• Neutral Sentiment: Articles about California legislation, Bill Maher and unrelated high-speed rail policy do not appear connected to BILL Holdings or its business outlook.
• Negative Sentiment: Near-term concerns may be limiting further upside. First-quarter revenue guidance of $432.5-$442.5 million was slightly below the $443 million consensus estimate. In addition, KBW’s “market perform” rating and the stock’s recent gains may encourage profit-taking while investors assess execution risks tied to product, sales, Spend and Expense, and banking changes.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating on shares of BILL in a report on Thursday. Oppenheimer set a $55.00 price objective on BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. The Goldman Sachs Group boosted their target price on shares of BILL from $50.00 to $57.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research lowered shares of BILL from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. lowered their price target on shares of BILL from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Friday, June 5th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $57.55.

BILL Company Profile

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.