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NYSE · Technology

BILL Holdings, Inc. (BILL)

As-reported financials and SEC filings for BILL Holdings, Inc. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About BILL Holdings, Inc.

BILL Holdings, Inc. provides a financial operations platform designed for small and midsize businesses. Its integrated software automates accounts payable, accounts receivable, and spend and expense management, enabling businesses to generate invoices, approve payments, manage expenses, and sync with accounting systems. The company serves hundreds of thousands of businesses and connects them with suppliers, clients, banks, and financial institutions through its AI-enabled platform.

Snapshot

Revenue
$1.65B
Revenue growth (YoY)
13.0%
Net income
$-11.2M
Diluted EPS
$-0.11
Gross margin
80.9%
Operating margin
-4.4%
Net margin
-0.7%
FCF margin
25.0%
ROE
-0.3%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$4.79B
Long-term debt / equity
0.52×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended June 30, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at BILL Holdings

  • Revenue grew 13.0% to $1.7B in FY2026, in line with the 13.4% the year before.
  • Operating margin is -4.4% in FY2026, +44.9 pp against -49.4% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $436M, up 13.8% from Q4 FY2025.
  • Free cash flow was $412M in FY2026, 25.0% of revenue.
  • Net income turned to a $11M loss in FY2026, from a $24M profit in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where BILL Holdings’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin80.9%
87th percentile of 264
Operating margin-4.4%
36th percentile of 303
Net margin-0.7%
42nd percentile of 307
FCF margin25.0%
76th percentile of 285
Revenue growth (YoY)+13.0%
55th percentile of 325
ROE-0.3%
43rd percentile of 285
Long-term debt / equity0.52×
56th percentile of 127
Short interest4.42d
64th percentile of 330

BILL Holdings’s gross margin of 80.9% ranks in the 87th percentile of the 264 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $2.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+7 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
8
7 trimmed, 1 exited
Combined position
$291.2M
reported long value
InvestorAs ofPosition valueSharesChange
Starboard ValueQ2 2026$254.1M7.0MAdded
Citadel AdvisorsquantQ2 2026$11.8M325.7KReduced
Two Sigma InvestmentsquantQ2 2026$6.1M167.9KAdded
D. E. ShawquantQ2 2026$5.5M153.4KReduced
AQR Capital ManagementquantQ2 2026$4.7M130.3KReduced
Millennium ManagementquantQ2 2026$3.9M109.0KReduced
Point72 Asset ManagementquantQ2 2026$3.0M81.7KReduced
Soros Fund ManagementQ2 2026$927,93825.7KReduced
Renaissance TechnologiesquantQ2 2026$755,74420.9KNew
Bridgewater AssociatesQ2 2026$528,84014.6KReduced

No longer held by: Gotham Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$2.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
Jain RohiniChief Financial OfficerSell29.6K$47.80$1.4M
2026-09-01
Jain RohiniChief Financial OfficerSell3.9K$48.70$191K
2026-08-31
filed 2026-09-01
Cieri MichaelChief Product OfficerSell10.8K$49.13$528K
2026-05-29
filed 2026-06-01
Cieri MichaelChief Product OfficerSell23.8K$36.80$875K
2026-05-29
filed 2026-06-01
Cieri MichaelChief Product OfficerSell5.6K$35.68$200K
2026-05-29
filed 2026-06-01
Cieri MichaelChief Product OfficerSell3.5K$37.10$130K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
10.6M
settled 2026-08-14
Change vs prior
+3.0%
vs previous settlement
Days to cover
4.42
at avg daily volume
Avg daily volume
2.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1410.6M+3.0%4.42
2026-07-3110.2M-20.1%4.33
2026-07-1512.8M+0.2%5.31
2026-06-3012.8M+3.6%4.98
2026-06-1512.4M+9.4%3.99
2026-05-2911.3M-13.0%3.86
2026-05-1513.0M-2.0%4.28
2026-04-3013.2M-2.3%9.57

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$1.65B$1.46B$1.29B$1.06B$642.0M
Gross profit$1.34B$1.19B$1.06B$864.5M$497.0M
Operating income$-73.4M$-80.6M$-174.2M$-295.8M$-316.8M
Net income$-11.2M$23.8M$-28.9M$-223.7M$-326.4M
Diluted EPS$-0.11$-0.07$-0.27$-2.11$-3.21

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$415.8M$350.6M$278.8M$187.8M$-18.1M
Capital expenditure$3.3M$4.3M$976,000$7.6M$5.4M
Free cash flow$412.5M$346.3M$277.8M$180.2M$-23.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$436.2M13.8%$-18.5M$-0.20
Q3 FY2026$406.6M13.5%$12.8M$0.12
Q2 FY2026$414.7M14.4%$-2.6M$-0.03
Q1 FY2026$395.7M10.4%$-3.0M$-0.03
Q4 FY2025$383.3M11.5%$-7.1M$-0.07
Q3 FY2025$358.2M10.9%$-11.6M$-0.11
Q2 FY2025$362.6M13.8%$33.5M
Q1 FY2025$358.4M17.5%$8.9M$0.08

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended June 30, 2026)
Latest reported quarterQ4 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1786352

Selected SEC filings

10-K2026-08-20
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2026-02-06
View on EDGAR →
8-K2026-08-19
View on EDGAR →
8-K/A2026-06-17
View on EDGAR →
8-K2026-05-26
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.