Quarterly ResultMay 8, 2026, 06:02 AM
BILL Holdings Q3 Net Income $12.8M, Revenue +13.5% to $406.6M
AI Summary
BILL Holdings, Inc. reported a significant improvement in its financial performance for the third quarter ended March 31, 2026, swinging to a net income of $12.8 million from a net loss of $11.6 million in the prior year. Total revenue increased by 13.5% to $406.6 million. The company also reported a substantial reduction in its operating loss and continued strong growth in its core business segments.
Key Highlights
- Net income for Q3 2026 was $12.8 million, compared to a net loss of $11.6 million in Q3 2025.
- Total revenue increased 13.5% to $406.6 million in Q3 2026 from $358.2 million in Q3 2025.
- Basic EPS was $0.13 in Q3 2026, up from $(0.11) in Q3 2025.
- Operating loss significantly narrowed to $0.4 million in Q3 2026 from $28.9 million in Q3 2025.
- BILL AP/AR revenue grew 11.9% to $183.2 million in Q3 2026.
- BILL Spend and Expense revenue increased 21.3% to $167.2 million in Q3 2026.
- Restructuring charges amounted to $5.0 million in Q3 2026 and $14.3 million for the nine months.
- Repurchased $272.7 million of common stock for the nine months ended March 31, 2026.