BILL (NYSE:BILL) Announces Quarterly Earnings Results

BILL (NYSE:BILL) released its quarterly earnings data on Thursday. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.55 by $0.13, FiscalAI reports. BILL had a return on equity of 2.39% and a net margin of 0.01%.The business had revenue of $406.56 million for the quarter, compared to analyst estimates of $403.76 million. During the same quarter in the prior year, the firm posted $0.50 EPS. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. 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 Price Performance

Shares of BILL stock traded up $3.89 during trading hours on Friday, hitting $41.55. 7,322,482 shares of the company’s stock were exchanged, compared to its average volume of 1,722,425. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The firm has a market cap of $4.11 billion, a P/E ratio of -4,150.95, a P/E/G ratio of 3.39 and a beta of 1.22. The firm has a 50 day moving average of $39.55 and a two-hundred day moving average of $46.11. BILL has a fifty-two week low of $34.44 and a fifty-two week high of $57.21.

BILL News Summary

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Evercore set a $42.00 price objective on BILL in a research report on Friday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $75.00 price objective on shares of BILL in a research report on Friday, February 6th. Truist Financial lowered their price objective on BILL from $59.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Wall Street Zen lowered BILL from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Jefferies Financial Group restated a “buy” rating on shares of BILL in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $56.35.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd acquired a new position in shares of BILL during the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd raised its stake in shares of BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after buying an additional 486 shares during the period. UMB Bank n.a. raised its stake in shares of BILL by 21.8% during the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after buying an additional 239 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of BILL by 43.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,469 shares of the company’s stock worth $160,000 after buying an additional 1,052 shares during the period. Finally, Quarry LP acquired a new position in shares of BILL during the 3rd quarter worth approximately $199,000. 97.99% of the stock is owned by institutional investors and hedge funds.

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.