BILL Holdings Inc

Latest Results (25.09.2025):

BILL Holdings Inc reported strong financial performance for the third quarter of fiscal year 2025, showcasing significant growth in both total and core revenues. Despite experiencing a net loss, the company exceeded its non-GAAP profitability expectations, highlighting its robust business model and strategic expansions aimed at transforming financial operations for small and midsize businesses.

Total Revenue Growth

In Q3 FY2025, BILL Holdings Inc achieved a total revenue of $358.2 million, marking an 11% increase year-over-year. This growth underscores the company’s expanding footprint in the financial operations platform market for SMBs.

Core Revenue Performance

Core revenue, comprising subscription and transaction fees, rose by 14% year-over-year to $320.3 million. Subscription fees grew by 4% to $68.2 million, while transaction fees surged 17% to $252.1 million, reflecting increased usage of BILL’s services.

Profitability and Loss Metrics

The company reported a net loss of $11.6 million in Q3 FY2025, compared to a net income of $31.8 million in the same quarter of the previous year. However, non-GAAP net income stood at $58.7 million, indicating resilience in profitability despite higher operating losses.

Business Expansion and Operational Highlights

BILL Holdings Inc expanded its business by serving 488,600 businesses and processing $79 billion in total payment volume during Q3 FY2025. The company also processed 30 million transactions, a 16% increase year-over-year, and welcomed Mike Cieri as Executive Vice President, General Manager of Software Solutions.

Financial Outlook

Looking ahead, BILL provided guidance for Q4 FY2025 with expected total revenue between $370.5 million and $380.5 million, and full-year FY2025 total revenue projected between $1.45 billion and $1.46 billion. The company anticipates continued growth in core revenues and non-GAAP profitability for the upcoming quarters.