BILL (NYSE:BILL) Announces Earnings Results

BILL (NYSE:BILL) released its earnings results on Thursday. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.20, FiscalAI reports. The business had revenue of $353.77 million during the quarter, compared to the consensus estimate of $438.62 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. The business’s revenue for the quarter was down 10.6% on a year-over-year basis. During the same period last year, the business posted $0.61 earnings per share. BILL updated its FY 2027 guidance to 3.990-4.150 EPS and its Q2 2027 guidance to 0.970-1.010 EPS.

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

• BILL reported 14% year-over-year core revenue growth and a 39% non-GAAP operating margin in Q1. GAAP net income was $60 million, and the company raised its FY 2027 outlook to more than $180 million of GAAP profit.
• AI product development and adoption are gaining momentum: more than 200,000 businesses have used BILL’s agents, and its new Risk Intelligence agent flagged over $100 million in unusual or mistaken payments for customer review in its first six weeks. Management sees opportunities to improve customer onboarding, retention, and productivity, though it said measurable business outcomes are still developing.
• Payment activity and monetization trends strengthened: same-store TPV grew 7%, ad valorem volume growth accelerated sequentially, and core ARPU growth reached 4.1%. The company also reported 30% year-over-year growth in customers using both AP and Spend & Expense.
• Management expects Q2 core revenue growth to slow to 10%–13%, citing a tough comparison, seasonal pressure on take rates, and continued adjustments to its sales organization and incentives. It also flagged rising operating expenses later in the year, a planned shift away from some legacy embed partnerships, and ongoing uncertainty around card acceptance in Spend & Expense.
• For FY 2027, BILL expects 11%–14% core revenue growth, approximately 33% non-GAAP operating margin, and 47% growth in non-GAAP EPS at the midpoint. The company also repurchased about $300 million of stock in Q1 and expects to use the remaining buyback authorization.

BILL Stock Performance

Shares of NYSE:BILL traded up $1.70 during trading on Friday, hitting $52.59. 2,211,065 shares of the company were exchanged, compared to its average volume of 1,332,021. BILL has a 52-week low of $31.41 and a 52-week high of $57.21. The stock has a 50 day moving average of $47.26 and a 200 day moving average of $42.70. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market cap of $4.52 billion, a PE ratio of 103.11, a P/E/G ratio of 0.72 and a beta of 1.08.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL reported first-quarter fiscal 2027 adjusted earnings of $1.18 per share, beating the $0.98 consensus and rising from $0.61 a year earlier. Its FY2027 EPS forecast of $3.99–$4.15 also topped the $3.44 analyst estimate. BILL first-quarter results
• Positive Sentiment: Oppenheimer raised its price target to $60 from $55 and maintained an outperform rating. Keefe, Bruyette & Woods lifted its target to $58 from $52, while keeping a market-perform rating. Oppenheimer recommendations Keefe, Bruyette & Woods recommendations
• Positive Sentiment: Management highlighted margin gains, increased AI adoption and improving payment monetization, including five product launches and a Visa pilot. These developments may support growth and profitability as BILL works through sales restructuring. Earnings call highlights
• Negative Sentiment: Revenue was $353.77 million, below the $438.62 million consensus and down 10.6% year over year. Revenue guidance also lagged expectations: BILL forecast $1.4–$1.5 billion for FY2027 versus $1.8 billion consensus, and $353–$363 million for Q2 versus $453.1 million. This gap may temper enthusiasm despite the EPS beat.

Insider Buying and Selling at BILL

In related news, insider Michael Cieri sold 10,754 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the sale, the insider owned 997 shares of the company’s stock, valued at approximately $48,982.61. This represents a 91.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rene A. Lacerte sold 141,256 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $48.42, for a total value of $6,839,615.52. Following the completion of the transaction, the chief executive officer owned 100,899 shares of the company’s stock, valued at approximately $4,885,529.58. This represents a 58.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 267,997 shares of company stock valued at $13,057,984. 13.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BILL. Zacks Research lowered BILL from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Jefferies Financial Group downgraded shares of BILL from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. UBS Group increased their target price on shares of BILL from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Wall Street Zen upgraded shares of BILL from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Finally, BTIG Research reiterated a “buy” rating and issued a $60.00 target price on shares of BILL in a research note on Thursday, August 20th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, BILL presently has an average rating of “Moderate Buy” and an average target price of $57.59.

BILL Company Profile

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.

The company’s offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.