BILL beats Q2 revenue estimates

BILL Holdings

05/02/2026 21:12

Overview

Finance platform's Q2 total revenue rose 14% yr/yr, beating analysts' expectations

Adjusted net income beat analysts' expectations

Company repurchased 2.5 mln shares for $133 mln in Q2

Outlook

Company projects Q3 total revenue between $397.5 mln and $407.5 mln

BILL expects FY26 total revenue between $1,631.0 mln and $1,651.0 mln

Company anticipates FY26 non-GAAP net income per diluted share of $2.33 - $2.41

Result Drivers

AI AND INNOVATION - Co leveraged AI to streamline workflows and enhance B2B transactions, contributing to revenue growth

CORE REVENUE GROWTH - Core revenue rose 17% yr/yr, driven by subscription and transaction fees

MARGIN IMPROVEMENT - Non-GAAP operating income rose 18% yr/yr, indicating improved operational efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$414.70 mln
$398.39 mln (22 Analysts)
Q2 Core Revenue
$375.10 mln
Q2 Adjusted Net Income
Beat
$73.40 mln
$64.33 mln (19 Analysts)
Q2 Adjusted Operating Income
Beat
$74.10 mln
$65.67 mln (21 Analysts)
Q2 Operating Income
-$18.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for BILL Holdings Inc is $60.00, about 61.2% above its February 4 closing price of $37.23

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw1FhXFsa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)