Overview
Bill Q1 total revenue grows 10% yr/yr, beating analyst expectations
Adjusted net income for Q1 beats analyst expectations
Company announces partnerships with NetSuite, Paychex, and Acumatica
Outlook
Company expects Q2 FY26 total revenue of $394.5 mln to $404.5 mln
BILL anticipates FY26 total revenue between $1,596.5 mln and $1,626.5 mln
Company projects FY26 non-GAAP net income per share of $2.11 to $2.25
Result Drivers
PARTNERSHIPS - New partnerships with NetSuite, Paychex, and Acumatica expanded market reach
AI AGENTS - Introduction of AI Agents enabled touchless B2B transactions, enhancing efficiency
TRANSACTION FEES - Transaction fees increased 16% yr/yr, driving core revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $395.70 mln | $390.70 mln (22 Analysts) |
Q1 Core Revenue | $358 mln | ||
Q1 Adjusted Net Income | Beat | $70.20 mln | $59.10 mln (18 Analysts) |
Q1 Net Income | -$3 mln | ||
Q1 Adjusted Operating Income | Beat | $68.20 mln | $53.50 mln (21 Analysts) |
Q1 Operating Income | -$20.70 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for BILL Holdings Inc is $60.00, about 22.5% above its November 5 closing price of $46.52
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nBw6mJ6Lza
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)