BILL Holdings Inc
LSE:0A75
BILL Holdings Inc
Bill Holdings, Inc. engages in the provision of cloud-based software solutions. The company is headquartered in San Jose, California and currently employs 2,364 full-time employees. The company went IPO on 2019-12-12. The firm offers software-as-a-service, cloud-based payments, and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. Its artificial intelligence (AI)-enabled financial software platform creates seamless connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make and receive payments, manage employee expenses, sync with their accounting system, foster collaboration, and manage their cash flow. Its integrated platform also includes BILL Spend and Expense, its spend and expense management product, which provides a solution for businesses.
Bill Holdings, Inc. engages in the provision of cloud-based software solutions. The company is headquartered in San Jose, California and currently employs 2,364 full-time employees. The company went IPO on 2019-12-12. The firm offers software-as-a-service, cloud-based payments, and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. Its artificial intelligence (AI)-enabled financial software platform creates seamless connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make and receive payments, manage employee expenses, sync with their accounting system, foster collaboration, and manage their cash flow. Its integrated platform also includes BILL Spend and Expense, its spend and expense management product, which provides a solution for businesses.
Core Revenue Beat: BILL delivered $375 million in core revenue in Q2, up 17% year-over-year and exceeding the top end of its guidance.
Margin Expansion: Non-GAAP operating margin reached 18%, with continued sequential and annual expansion driven by efficiency initiatives.
Strong Payment Volume: Platform transaction volumes improved, with notable growth in card payments (up 25% YoY) and AP card payment volume (up 160% YoY).
Guidance Raised: Fiscal 2026 core revenue guidance was raised by approximately 170 basis points, reflecting 15-16% annual growth; take rate and card volume expectations reiterated or slightly improved.
AI & Product Innovation: The company highlighted rapid AI agent adoption, automation in key workflows, and robust customer feedback as sources of value and defensibility.
Upmarket & Pricing Strategy: Ongoing shift to larger customers and targeted subscription price increases are driving higher ARPU and platform stickiness.
Invoice Financing Momentum: Customers using invoice financing grew nearly 50% YoY, with origination volume up over 30%.
