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

BILL (NYSE:BILL) issued its earnings results on Wednesday. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.13, FiscalAI reports. The firm had revenue of $436.19 million during the quarter, compared to analyst estimates of $430.55 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. The business’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 earnings per share. BILL updated its Q1 2027 guidance to 0.960-1.000 EPS and its FY 2027 guidance to 3.560-3.790 EPS.

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

• AI adoption is expanding rapidly: More than 175,000 businesses are using BILL’s AI agents, while the W9 agent surpassed 40,000 organizations and the invoice-coding agent reached over 60,000 companies. Management plans to make AI-native, agentic automation central to the platform and expects future monetization through subscription tiers and usage-based pricing.
• Profitability and efficiency improved significantly: Q4 core revenue grew 16% year over year, non-GAAP operating margin reached 23%, and FY2027 guidance calls for 23%-24% margins, more than $125 million in GAAP profit, and 33% non-GAAP EPS growth. The restructuring is expected to deliver approximately $80 million of annual net savings after reinvestment.
• Capital returns remain substantial: BILL repurchased approximately $300 million of stock in Q4 and has retired roughly 14% of its common shares since the prior earnings call. Management expects to complete the remaining $400 million under its $1 billion authorization.
• Payment volume and credit economics showed strength: AP/AR TPV exceeded expectations by about 300 basis points, driven by larger customers and strong ACH usage, while invoice-financing volume and revenue each grew about 30% in FY2026. The AI underwriting model reduced the expected loss rate by more than 50%.
• Near-term growth faces several headwinds: FY2027 core revenue guidance of 11%-14% includes a two-point impact from Spend & Expense dynamics and a one-point impact from bank-channel changes, with Q2 expected to be the trough of the year’s growth trajectory. Net new customer additions fell to about 1,800 in Q4, and management expects to discontinue some customized bank relationships while the sales organization transitions to a unified platform-selling model.

BILL Stock Performance

Shares of BILL stock opened at $47.62 on Thursday. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of -4,757.24, a PEG ratio of 1.11 and a beta of 1.13. The company’s 50 day moving average is $41.73 and its 200 day moving average is $40.56. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. BILL has a 52-week low of $31.41 and a 52-week high of $57.21.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BILL. Zacks Research lowered shares of BILL from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. The Goldman Sachs Group upped their target price on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Oppenheimer set a $55.00 target price on shares of BILL and gave the stock an “outperform” rating in a research report on Friday, May 8th. Wall Street Zen downgraded shares of BILL from a “buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Robert W. Baird boosted their price target on BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BILL currently has a consensus rating of “Hold” and an average target price of $56.25.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Q4 results exceeded estimates: BILL reported adjusted EPS of $0.84, up from $0.53 a year earlier and above the $0.69–$0.71 analyst consensus. Revenue rose 13.8% year over year to $436.2 million, also topping expectations. BILL Holdings Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Profit outlook was raised well above consensus: BILL guided to fiscal 2027 EPS of $3.56–$3.79, compared with the $3.00 analyst estimate. First-quarter fiscal 2027 EPS guidance of $0.96–$1.00 also exceeded the $0.67 consensus, suggesting stronger operating leverage. Revenue guidance was $1.8–$1.9 billion for fiscal 2027. BILL Holdings Q4 2026 Earnings Call Transcript
• Positive Sentiment: Payment volume and AI trends support growth: Analysts highlighted accelerating total payment volume, with volume from AI-native companies reportedly doubling sequentially. BILL also plans additional AI-powered features, while management says most revenue is tied to payment activity rather than customer headcount. BILL Holdings TPV Acceleration and Great Earnings Growth
• Neutral Sentiment: Near-term revenue guidance was slightly below expectations: First-quarter fiscal 2027 revenue guidance of $432.5–$442.5 million was marginally below the $443 million consensus at the midpoint, potentially tempering the otherwise strong earnings reaction. BILL Holdings Key Metrics Compared With Estimates

Institutional Trading of BILL

Hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new stake in BILL during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after acquiring an additional 486 shares during the period. UMB Bank n.a. raised its position in shares of BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after acquiring an additional 239 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of BILL by 43.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,469 shares of the company’s stock worth $160,000 after acquiring an additional 1,052 shares in the last quarter. Finally, Quarry LP bought a new position in shares of BILL in the 3rd quarter worth $199,000. Hedge funds and other institutional investors own 97.99% of the company’s stock.

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.