BILL Holdings Inc

Latest Results (15.11.2025):

BILL Holdings Inc reported strong financial results for Q3 fiscal year 2025, with notable revenue growth and business expansion. Total revenue reached $358.2 million, up 11% year-over-year, while core revenue increased 14% to $320.3 million. The company also highlighted improvements in transaction fees and subscription revenues, alongside robust operational achievements that underscore its commitment to addressing SMB financial needs.

Revenue Growth

Total revenue was $358.2 million, marking an 11% increase, and core revenue, which includes subscription and transaction fees, rose by 14% to $320.3 million. Transaction fees soared by 17% year-over-year, while subscription fees grew by 4%.

Profitability and Margins

Gross profit reached $291.0 million with an 81.2% gross margin, albeit with a slight margin compression compared to the previous year. On a non-GAAP basis, gross profit was $304.0 million, reflecting strong operational performance despite an operating loss of $28.9 million, and a moderated non-GAAP operating income of $53.3 million.

Net Income Performance

GAAP net results showed a net loss of $11.6 million, contrasting with a reported net income of $31.8 million in Q3 fiscal 2024, while non-GAAP net income stood at $58.7 million. These figures reflect the company's focus on sustainable growth and strategic investments.

Business and Operational Developments

BILL Holdings Inc expanded its market reach by serving 488,600 businesses and processing $79 billion in payment volume, up 11% year-over-year. Additionally, the company processed 30 million transactions during the quarter and introduced new capabilities and solutions to better serve SMBs.