Bill Q3 revenue, profit beats estimates on higher transtion, subscriber fees

BILL Holdings

07/05/2026 21:29

Overview

US financial operations platform's fiscal Q3 revenue up 13% yr/yr, slightly beating analyst expectations

Adjusted net income and adjusted operating income for Q3 beat analyst estimates

Company announced new $1 bln share repurchase authorization

Outlook

Bill expects Q4 revenue of $425 mln to $435 mln

Company sees full-year revenue of $1.64 bln to $1.65 bln

Bill forecasts Q4 non-GAAP net income per diluted share of $0.69 to $0.72

Result Drivers

TRANSACTION FEES - 18% yr/yr growth in transaction fees was a key driver of core revenue growth

SUBSCRIPTION FEES - Subscription fees rose 9% yr/yr, contributing to core revenue growth

CUSTOMER BASE EXPANSION - Number of businesses using Bill's solutions grew to 493,800, supporting higher transaction and payment volumes

Company press release: ID:nBwbVLrK1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$406.60 mln
$404.60 mln (21 Analysts)
Q3 Core Revenue
$371.10 mln
Q3 Adjusted Net Income
Beat
$77.20 mln
$63.13 mln (18 Analysts)
Q3 Adjusted Operating Income
Beat
$79.80 mln
$65.50 mln (20 Analysts)
Q3 Operating Income
-$400,000


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 9 "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 $50.00, about 34.9% above its May 6 closing price of $37.07

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)