BILL (NYSE:BILL) Posts Earnings Results, Beats Estimates By $0.13 EPS

BILL (NYSE:BILL) posted its quarterly earnings data on Thursday. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.55 by $0.13, FiscalAI reports. The business had revenue of $406.56 million for the quarter, compared to analysts’ expectations of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.39%. The firm’s revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 EPS. BILL updated its FY 2026 guidance to 2.610-2.640 EPS and its Q4 2026 guidance to 0.690-0.720 EPS.

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

• BILL reported strong Q3 results with $371M in core revenue (+16% YoY), ~20% non‑GAAP operating margin, and achieved GAAP profitability, highlighting improved profitability and operating leverage.
• Management made AI its top priority and says over 100,000 customers use its AI agents (including ~1.2M invoices automated and tens of thousands of autonomous card transactions), which it expects to drive automation, lower transaction costs, and internal productivity gains.
• BILL will reduce its workforce by up to 30% by end of Q4 to align to an AI‑native structure; the company expects ~$110M gross annualized savings but this creates execution and people‑risk during the transition.
• The board authorized up to a $1 billion share repurchase program, signaling confidence in cash flow generation and a commitment to return capital to shareholders.
• Management raised full‑year FY26 guidance and expects core revenue of $1.496B–$1.506B (15%–16% YoY) with a ~19% non‑GAAP operating margin, and Q4 core revenue guided to $392M–$402M, indicating stronger than expected momentum and margin expansion.

BILL Stock Up 10.3%

NYSE:BILL traded up $3.89 on Friday, hitting $41.55. 7,322,482 shares of the company’s stock were exchanged, compared to its average volume of 1,722,425. The firm has a 50-day moving average price of $39.55 and a 200-day moving average price of $46.11. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.65. BILL has a 52 week low of $34.44 and a 52 week high of $57.21. The company has a market cap of $4.11 billion, a P/E ratio of -4,150.95, a price-to-earnings-growth ratio of 3.39 and a beta of 1.22.

Institutional Investors Weigh In On BILL

Several institutional investors and hedge funds have recently added to or reduced their stakes in BILL. Senvest Management LLC lifted its position in BILL by 155.8% during the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock worth $140,346,000 after buying an additional 1,567,186 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of BILL by 190.8% in the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock valued at $114,781,000 after purchasing an additional 1,421,785 shares during the period. National Bank of Canada FI bought a new stake in shares of BILL in the 3rd quarter valued at about $42,376,000. Deutsche Bank AG raised its holdings in shares of BILL by 4,231.6% in the 4th quarter. Deutsche Bank AG now owns 365,717 shares of the company’s stock valued at $19,946,000 after purchasing an additional 357,274 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of BILL by 14.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,546,171 shares of the company’s stock valued at $134,871,000 after purchasing an additional 317,014 shares during the period. 97.99% of the stock is owned by institutional investors.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL beat fiscal Q3 earnings and revenue estimates, with EPS of $0.68 versus $0.55 expected and revenue of $406.6 million versus $403.8 million expected, helped by 13.5% year-over-year revenue growth. Article Title
• Positive Sentiment: Management issued upbeat Q4 and full-year FY2026 guidance, with EPS and revenue forecasts both ahead of Wall Street expectations, reinforcing confidence in continued double-digit growth.
• Positive Sentiment: The company said core revenue rose 16%, driven by stronger subscription and transaction fees, signaling healthy demand in its payments and AP/AR software platform. Article Title
• Positive Sentiment: Analysts turned more constructive, including a Zacks Rank upgrade to Strong Buy and BMO raising its price target to $46 from $43, which may support the stock in the near term. Article Title
• Positive Sentiment: Investors also reacted favorably to BILL’s plan to cut about 30% of its workforce to improve profitability and focus more on AI, a move that may lift margins if execution is successful. Article Title

Wall Street Analysts Forecast Growth

BILL has been the subject of a number of research analyst reports. Truist Financial reduced their target price on shares of BILL from $59.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Oppenheimer set a $55.00 target price on shares of BILL and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of BILL in a research note on Wednesday. Evercore set a $42.00 price target on shares of BILL in a research report on Friday, February 6th. Finally, Canaccord Genuity Group boosted their price target on shares of BILL from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $56.35.

About BILL

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.