Jun 2026 (Q4 FY26) — Aug 19, 2026
BILL Q4 FY26 — AI-Native Transformation Drives Strong Margins and Platform Growth
Read the full callBILL (BILL) earnings
- Jun 2026
- Jun 2026 (Q4 FY26)
- Jun 2026
BILL earnings: last reported Wed, 19 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 436 | +13.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -7.8 | −2.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -18.5 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Guidance
What management said, and what became of it
40 of 52 judged targets kept · 43 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Core revenue | $392 million to $402 million | Mar 2026 | In Q4, we delivered $400.5 million in core revenue, growing 16% year-over-year. | Achieved |
| Customer adoption of BILL agents | Majority of customers using at least 1 agent | Jun 2025 | To date, we have had over 175,000 businesses using our agents to improve their financial operations across S&E and AP. | Missed |
| Non-GAAP EPS | $2.00 to $2.20 | Jun 2025 | We expect non-GAAP net income in the range of $298.7 million to $302.7 million and non-GAAP EPS to be between $2.61 and $2.64. | Revised Up |
12 of BILL Holdings, Inc.'s 95 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 92 more targets are in the full ledger.
Claimed
- Core revenue grew 16% year-over-year to $400.5 million.
- Non-GAAP operating margin exceeded 23%, expanding 860 basis points year-over-year.
- Non-GAAP net income improved 53% year-over-year to $94 million.
- Repurchased approximately $300 million of stock at an average price of $35.31 per share, retiring close to 14% of common stock outstanding.
- Invoice financing volume and revenue grew approximately 30% year-over-year in FY26, with the expected loss rate improved by more than 50%.
Qualified
- AP/AR net new customer adds were approximately 1,800, below recent trends due to organizational restructuring.
- AP/AR take rate contracted by 0.5 basis points to 16.0, driven by a TPV mix towards higher ACH volumes from larger customers.
- Early progress for Supplier Payments Plus (SPP) has not met initial expectations due to the new enterprise sales motion required.
- FY27 guidance includes 3 points of year-over-year growth headwind (2 points from S&E dynamics and 1 point from the bank channel).
Price
$46.92 +6.20% · +$2.74
Performance −6.0% 1Y
1Y: $49.9 on 14 Oct 2025 → $46.92. High $56.31 (7 Jan 2026), low $31.96 (22 Jun 2026).
- Previous close
- $44.18
- 52-week range
- $31.96 – $56.31
- One year
- −4.75%
Overview
- Symbol
- BILL
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
40 of 52 judged targets kept · 43 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Core revenue | $392 million to $402 million | Mar 2026 | In Q4, we delivered $400.5 million in core revenue, growing 16% year-over-year. | Achieved |
| Customer adoption of BILL agents | Majority of customers using at least 1 agent | Jun 2025 | To date, we have had over 175,000 businesses using our agents to improve their financial operations across S&E and AP. | Missed |
| Non-GAAP EPS | $2.00 to $2.20 | Jun 2025 | We expect non-GAAP net income in the range of $298.7 million to $302.7 million and non-GAAP EPS to be between $2.61 and $2.64. | Revised Up |
Claimed
- Core revenue grew 16% year-over-year to $400.5 million.
- Non-GAAP operating margin exceeded 23%, expanding 860 basis points year-over-year.
- Non-GAAP net income improved 53% year-over-year to $94 million.
- Repurchased approximately $300 million of stock at an average price of $35.31 per share, retiring close to 14% of common stock outstanding.
- Invoice financing volume and revenue grew approximately 30% year-over-year in FY26, with the expected loss rate improved by more than 50%.
Qualified
- AP/AR net new customer adds were approximately 1,800, below recent trends due to organizational restructuring.
- AP/AR take rate contracted by 0.5 basis points to 16.0, driven by a TPV mix towards higher ACH volumes from larger customers.
- Early progress for Supplier Payments Plus (SPP) has not met initial expectations due to the new enterprise sales motion required.
- FY27 guidance includes 3 points of year-over-year growth headwind (2 points from S&E dynamics and 1 point from the bank channel).
The full ledger
Open BILL Holdings, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 95 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q3 FY26) — May 7, 2026
BILL Q3 FY26 — Strong Revenue Growth, GAAP Profitability, and AI-Driven Restructuring
Read the full callEvery analysed call
BILL earnings calls (BILL)
Financials
What the filings say
Net profit, year on year: −161% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 358 | 363 | 358 | 383 | 396 | 415 | 407 | 436 |
| Operating profit | -8 | -22 | -29 | -22 | -21 | -18 | -0 | -34 |
| Operating margin | −2.1% | −6.0% | −8.1% | −5.8% | −5.2% | −4.4% | −0.1% | −7.8% |
| Other income | 18 | 55 | 19 | 19 | 18 | 16 | 15 | 14 |
| Profit before tax | 10 | 34 | -10 | -3 | -3 | -2 | 15 | -20 |
| Tax rate | 12.5% | 0.1% | −12.6% | −130.6% | −5.3% | −25.3% | 13.5% | 7.7% |
| Net profit | 9 | 34 | -12 | -7 | -3 | -3 | 13 | -18 |
| EPS ($ per share) | 0.08 | 0.33 | -0.11 | — | -0.03 | -0.03 | 0.13 | — |
| Line item | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -118 | -149 | -247 | -545 | -856 | -1,097 | -1,511 | -2,089 |
| Total liabilities | 1,353 | 1,693 | 3,440 | 5,212 | 5,550 | 5,045 | 6,150 | 6,688 |
| Fixed assets | 7 | 14 | 49 | 57 | 82 | 88 | 117 | 145 |
| Total assets | 1,526 | 2,404 | 5,969 | 9,256 | 9,636 | 9,179 | 10,064 | 10,218 |
| Line item | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -4 | -4 | 5 | -18 | 188 | 279 | 351 | 416 |
| Cash from investing | -96 | -249 | -1,427 | -1,127 | 259 | -409 | -817 | -29 |
| Cash from financing | 492 | 863 | 1,640 | 2,879 | 235 | -743 | 667 | -173 |
| Net cash flow | — | 609 | 217 | 1,733 | 682 | -873 | 199 | 214 |
| Capital expenditure | -3 | -11 | -19 | -5 | -8 | -1 | -4 | -3 |
| Free cash flow | -7 | -16 | -14 | -23 | 180 | 278 | 346 | 412 |
BILL revenue by segment
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Integrated Platform | 82% | 83% | 84% | 85% | 85% | 85% | 86% | 86% | +15.8% |
| Accounts Payable and Accounts Receivable Solutions | 45% | 46% | 46% | 46% | 45% | 45% | 45% | 44% | +10.0% |
| Spend and Expense Interchange Revenue | 37% | 37% | 39% | 39% | 40% | 40% | 41% | 42% | +22.5% |
| Interest On Funds Held For Customers | 12% | 12% | 11% | 10% | 10% | 10% | 9% | 8% | -4.5% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
82 filings between Oct 21, 2025 and Sep 3, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$15.92M
17 sales by 4 insiders
41% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 44
- Option exercise — converted options into shares
- 19
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Lacerte Rene A. | — | $12.53M | Sep 3, 2026 |
| Cieri Michael | — | $1.73M | Aug 31, 2026 |
| Jain Rohini | — | $1.60M | Sep 1, 2026 |
| Cota Germaine | — | $56.6K | Dec 2, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 3, 2026 | Lacerte Rene A. CEO | Sale | 10,970 | $547.0K |
| Sep 3, 2026 | Lacerte Rene A. CEO | Sale | 15,372 | $768.8K |
| Sep 3, 2026 | Lacerte Rene A. CEO | Sale | 10,154 | $512.8K |
| Sep 3, 2026 | Lacerte Rene A. CEO | Sale | 5,752 | $291.2K |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 11,765 | $564.9K |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 100,899 | $4.90M |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 40,357 | $1.94M |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 10,636 | $510.7K |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 24,364 | $1.18M |
| Sep 2, 2026 | Lacerte Rene A. CEO | Sale | 26,974 | $1.31M |
| Sep 1, 2026 | Jain Rohini Chief Financial Officer | Sale 10b5-1 plan | 3,915 | $190.7K |
| Sep 1, 2026 | Jain Rohini Chief Financial Officer | Sale 10b5-1 plan | 29,555 | $1.41M |
| Aug 31, 2026 | Cieri Michael Chief Product Officer | Sale 10b5-1 plan | 10,754 | $528.4K |
| Aug 28, 2026 | Lacerte Rene A. CEO | Option exercise | 24,627 | — |
| Aug 28, 2026 | Lacerte Rene A. CEO | Tax withheld | 24,896 | $1.25M |
| Aug 28, 2026 | Cieri Michael Chief Product Officer | Option exercise 10b5-1 plan | 6,531 | — |
| Aug 28, 2026 | Cieri Michael Chief Product Officer | Tax withheld 10b5-1 plan | 8,674 | $436.4K |
| Aug 28, 2026 | Jain Rohini Chief Financial Officer | Tax withheld 10b5-1 plan | 28,600 | $1.44M |
| Aug 28, 2026 | Jain Rohini Chief Financial Officer | Option exercise 10b5-1 plan | 50,315 | — |
| Aug 28, 2026 | Jain Rohini Chief Financial Officer | Option exercise 10b5-1 plan | 11,755 | — |
| Aug 28, 2026 | Cieri Michael Chief Product Officer | Option exercise 10b5-1 plan | 12,897 | — |
| Aug 28, 2026 | Lacerte Rene A. CEO | Option exercise | 24,293 | — |
| May 29, 2026 | Cieri Michael Chief Product Officer | Sale 10b5-1 plan | 23,775 | $875.0K |
| May 29, 2026 | Cieri Michael Chief Product Officer | Sale 10b5-1 plan | 5,600 | $199.8K |
| May 29, 2026 | Cieri Michael Chief Product Officer | Sale 10b5-1 plan | 3,500 | $129.8K |
| May 28, 2026 | Lacerte Rene A. CEO | Option exercise | 6,660 | — |
| May 28, 2026 | Cieri Michael Chief Product Officer | Tax withheld 10b5-1 plan | 18,716 | $652.3K |
| May 28, 2026 | Lacerte Rene A. CEO | Option exercise | 24,626 | — |
| May 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 339 | — |
| May 28, 2026 | Cieri Michael Chief Product Officer | Option exercise 10b5-1 plan | 51,591 | — |
| May 28, 2026 | Bowman Mary Kay See Remarks | Tax withheld | 6,976 | $243.1K |
| May 28, 2026 | Moss Kenneth A Chief Technology Officer | Tax withheld | 142 | $4.9K |
| May 28, 2026 | Bowman Mary Kay See Remarks | Option exercise | 4,147 | — |
| May 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 1,982 | — |
| May 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 23,347 | — |
| May 28, 2026 | Bowman Mary Kay See Remarks | Option exercise | 14,787 | — |
| May 28, 2026 | Lacerte Rene A. CEO | Tax withheld | 15,922 | $554.9K |
| May 28, 2026 | Moss Kenneth A Chief Technology Officer | Tax withheld | 12,889 | $449.2K |
| Feb 28, 2026 | Bowman Mary Kay See Remarks | Tax withheld | 5,063 | $223.7K |
| Feb 28, 2026 | Bowman Mary Kay See Remarks | Option exercise | 14,788 | — |
| Feb 28, 2026 | Bowman Mary Kay See Remarks | Option exercise | 4,147 | — |
| Feb 28, 2026 | Moss Kenneth A Chief Technology Officer | Tax withheld | 141 | $6.2K |
| Feb 28, 2026 | Lacerte Rene A. CEO | Tax withheld | 12,649 | $559.0K |
| Feb 28, 2026 | Lacerte Rene A. CEO | Option exercise | 6,661 | — |
| Feb 28, 2026 | Rettig John R. COO | Option exercise | 20,105 | — |
| Feb 28, 2026 | Lacerte Rene A. CEO | Option exercise | 24,627 | — |
| Feb 28, 2026 | Moss Kenneth A Chief Technology Officer | Tax withheld | 9,631 | $425.6K |
| Feb 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 337 | — |
| Feb 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 1,983 | — |
| Feb 28, 2026 | Moss Kenneth A Chief Technology Officer | Option exercise | 23,347 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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