Bill.Com Holdings, Inc. ( (BILL) ) has released its Q1 earnings. Here is a breakdown of the information Bill.Com Holdings, Inc. presented to its investors.
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Bill.com Holdings, Inc., operating as BILL, is an intelligent finance platform that aids businesses in managing, moving, and maximizing their money, primarily serving the financial technology sector with a focus on small and midsize companies.
The company recently reported its financial results for the first quarter of fiscal year 2026, highlighting a 10% increase in total revenue year-over-year, alongside strategic partnerships with NetSuite, Paychex, and Acumatica to expand its market reach.
Key financial metrics from the report include a total revenue of $395.7 million, with core revenue growing by 14% year-over-year. Despite an operating loss of $20.7 million, the company achieved a non-GAAP operating income of $68.2 million. BILL also processed $89 billion in total payment volume, marking a 12% increase from the previous year.
Strategically, BILL has made significant advancements by embedding its platform into the tech stacks of prominent partners, enhancing its AI-driven capabilities to facilitate touchless B2B transactions. The company also strengthened its leadership by adding experienced members to its board of directors.
Looking forward, BILL’s management remains optimistic about unlocking further efficiencies and enhancing shareholder value, with a projected revenue growth of 9% to 11% for the full fiscal year 2026.