BILL (NYSE:BILL) Posts Earnings Results, Beats Expectations By $0.13 EPS

BILL (NYSE:BILL) posted its quarterly earnings data on Thursday. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13, FiscalAI reports. The company had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.39%. The business’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 earnings per share. BILL updated its FY 2026 guidance to 2.610-2.640 EPS and its Q4 2026 guidance to 0.690-0.720 EPS.

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

• BILL reported strong Q3 results with $371M in core revenue (+16% YoY), ~20% non‑GAAP operating margin, and achieved GAAP profitability, highlighting improved profitability and operating leverage.
• Management made AI its top priority and says over 100,000 customers use its AI agents (including ~1.2M invoices automated and tens of thousands of autonomous card transactions), which it expects to drive automation, lower transaction costs, and internal productivity gains.
• BILL will reduce its workforce by up to 30% by end of Q4 to align to an AI‑native structure; the company expects ~$110M gross annualized savings but this creates execution and people‑risk during the transition.
• The board authorized up to a $1 billion share repurchase program, signaling confidence in cash flow generation and a commitment to return capital to shareholders.
• Management raised full‑year FY26 guidance and expects core revenue of $1.496B–$1.506B (15%–16% YoY) with a ~19% non‑GAAP operating margin, and Q4 core revenue guided to $392M–$402M, indicating stronger than expected momentum and margin expansion.

BILL Stock Performance

BILL stock traded up $3.89 during mid-day trading on Friday, reaching $41.55. The company’s stock had a trading volume of 7,322,482 shares, compared to its average volume of 1,722,425. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of -4,150.95, a PEG ratio of 3.39 and a beta of 1.22. The business has a 50 day moving average price of $39.55 and a 200-day moving average price of $46.11. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.48. BILL has a twelve month low of $34.44 and a twelve month high of $57.21.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL beat fiscal Q3 earnings and revenue estimates, with EPS of $0.68 versus $0.55 expected and revenue of $406.6 million versus $403.8 million expected, helped by 13.5% year-over-year revenue growth. Article Title
• Positive Sentiment: Management issued upbeat Q4 and full-year FY2026 guidance, with EPS and revenue forecasts both ahead of Wall Street expectations, reinforcing confidence in continued double-digit growth.
• Positive Sentiment: The company said core revenue rose 16%, driven by stronger subscription and transaction fees, signaling healthy demand in its payments and AP/AR software platform. Article Title
• Positive Sentiment: Analysts turned more constructive, including a Zacks Rank upgrade to Strong Buy and BMO raising its price target to $46 from $43, which may support the stock in the near term. Article Title
• Positive Sentiment: Investors also reacted favorably to BILL’s plan to cut about 30% of its workforce to improve profitability and focus more on AI, a move that may lift margins if execution is successful. Article Title

Hedge Funds Weigh In On BILL

Several hedge funds and other institutional investors have recently modified their holdings of the company. Marshall Wace LLP boosted its holdings in shares of BILL by 36.5% during the fourth quarter. Marshall Wace LLP now owns 2,958,096 shares of the company’s stock valued at $161,335,000 after acquiring an additional 791,197 shares during the period. Senvest Management LLC raised its stake in shares of BILL by 155.8% during the fourth quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock valued at $140,346,000 after purchasing an additional 1,567,186 shares in the last quarter. Ameriprise Financial Inc. raised its position in BILL by 14.2% in the third quarter. Ameriprise Financial Inc. now owns 2,546,171 shares of the company’s stock worth $134,871,000 after acquiring an additional 317,014 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in BILL by 20.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,521,030 shares of the company’s stock worth $80,569,000 after acquiring an additional 253,310 shares in the last quarter. Finally, National Bank of Canada FI bought a new stake in BILL in the third quarter worth about $42,376,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analysts Set New Price Targets

BILL has been the topic of a number of analyst reports. Citigroup dropped their price objective on shares of BILL from $71.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Jefferies Financial Group reissued a “buy” rating on shares of BILL in a research report on Friday, February 6th. Needham & Company LLC reissued a “buy” rating and set a $75.00 price target on shares of BILL in a research report on Friday, February 6th. Robert W. Baird set a $50.00 price target on shares of BILL in a research report on Friday, February 6th. Finally, Truist Financial decreased their price target on shares of BILL from $59.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $56.35.

About BILL

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.