EarningsQ4 2026 Earnings Report
MX:BILL1 Q4 2026 EPS Results
Actual EPS$15.26
Consensus EPS$12.86
Beat/MissBeat by +$2.40
One Year Ago EPS$9.63
MX:BILL1 Q4 2026 Revenue Results
Actual Revenue$7.92B
Expected Revenue$7.82B
Beat/MissBeat by +$102.44M
YoY Revenue Growth+13.78%
Earnings Announcement Details
QuarterQ4 2026
Date08/19/2026
TimeAfter Close
Conference CallWednesday, August 19, 2026
MX:BILL1 Upcoming Earnings
Bill.com Holdings's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:BILL1 Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful operational and financial progress: solid Q4 revenue growth (+16% core revenue), significant margin expansion and profitability improvements, large-scale AI adoption delivering productivity and risk improvements (invoice financing volume/revenue +~30% and >50% loss-rate improvement), strong cross-product adoption (35% growth) and active capital returns (share buybacks). Management also candidly disclosed near-term headwinds tied to go-to-market reorganization, slower net-new customer adds, SPP rollout timing, bank-channel consolidation, and S&E acceptance/rewards dynamics which together were modeled as roughly a 3-point headwind to FY27 growth. On balance the company presented durable growth targets (FY27 core revenue +11%–14%), clear margin targets (23%–24% non-GAAP operating margin) and GAAP profitability plans, with multiple operational levers (AI, platform cross-sell, Embed 2.0) expected to drive future upside — overall the positives (growth, margin expansion, AI-driven improvements, buybacks, and guidance) outweigh the disclosed near-term execution risks.Company Guidance
Q4 Revenue and Profitability
Core revenue of $400.5M, up 16% year-over-year; non-GAAP operating margin ~23% (expanded 370 basis points sequentially and 860 basis points year-over-year); non-GAAP net income of $94M, up 22% sequentially and 53% year-over-year.
Strong AI Adoption and Operational Efficiency
Over 175,000 businesses using AI agents; W-9 agent users tripled to >40,000 and >240,000 W-9s collected with zero customer work; invoice coding agent used by >60,000 companies, eliminating ~90% of coding steps and cutting AP processing time nearly in half; touchless transactions automated >7M transaction fields for 30,000 customers; pay40 agent processed >30,000 card transactions without human interaction.
Invoice Financing and Risk Improvement
Invoice financing volume and revenue grew ~30% year-over-year in FY2026 while the expected loss rate improved by >50% following deployment of an AI underwriting model built on Bill's proprietary dataset and network.
Multi-Product / Platform Traction
Number of customers using both AP/AR and Spend & Expense grew 35% year-over-year; cohort net revenue retention for customers present a year ago was 111%, demonstrating cross-sell and stickiness of the integrated platform.
TPV and AP/AR Strength
TPV in Q4 exceeded expectations by ~300 basis points; AP/AR transaction revenue of $131M, up 10% year-over-year; same-store TPV growth of 6% year-over-year — highest since Q1 FY2023.
Spend & Expense Momentum
Spend & Expense revenue of $105M, up 23% year-over-year; card payment volume up 20% year-over-year; S&E take rate ~261 basis points and reward rate 133 basis points (up 3 bps sequentially).
Capital Return and Balance Sheet Actions
Repurchased ~$300M of stock in Q4 at an average price of $35.31; ~15M shares retired (~14% of common shares outstanding since Q3); $400M remaining on the $1B repurchase authorization.
Clear Financial Targets and Improved Margin Profile
FY2027 guidance: core revenue $1.669B–$1.719B (11%–14% YoY), total revenue $1.807B–$1.857B (9%–12% YoY); non-GAAP operating income $421M–$451M (23%–24% margin); non-GAAP EPS $3.56–$3.79 (~33% YoY growth); GAAP profitability targeted (well over $125M). Exiting FY26 as a Rule of 40 company and expected to exceed the threshold exiting FY27.
Organizational Restructuring and Run-Rate Savings
Company simplified to a functional model, made leadership appointments (new CRO, CPO, CTO) and executed workforce reductions; management reports gross savings close to $110M, reinvestments anchored at ~$30M, implying a net benefit of ~ $80M.
MX:BILL1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed