Quarterly reports
BILL closed fiscal 2026 with fourth-quarter revenue of $436.2 million, up 13.8% from the prior-year quarter. Gross profit was $356.2 million, and gross margin reached 81.7%, up 0.9 percentage points. The company reported an operating loss of $34.3 million, and the net loss widened to $18.5 million.
BILL reported total revenue of $406.6 million for FY2026 Q3, up 13.5% year over year. Core revenue, which consists of subscription and transaction fees, was $371.1 million, an increase of 16%. Subscription fees were $74.5 million, up 9%, and transaction fees were $296.6 million, up 18%.
BILL reported total revenue of $414.7 million for its fiscal 2026 second quarter, up 14.4% from the prior-year quarter. Core revenue, which the company defines as subscription and transaction fees, reached $375.1 million, up 17%. Gross profit rose 11.9% to $331.1 million.
BILL reported first quarter fiscal 2026 results for the period ended September 30, 2025. Total revenue was $395.7 million, up 10.4% from a year earlier. Gross profit was $318.7 million. Gross margin was 80.5%, down 1.4 percentage points.
BILL closed fiscal 2025 with fourth-quarter total revenue of $383.3 million, up 11.5% year over year. Fiscal year revenue reached $1.46 billion, up 13.4%. Gross profit was $309.8 million in the quarter, up 11.2%, and $1.19 billion for the fiscal year, up 12.8%.
BILL closed fiscal 2025 third quarter with total revenue of $358.2 million, up 11% year over year. Core revenue, which consists of subscription and transaction fees, was $320.3 million, up 14%.
BILL closed its fiscal 2025 second quarter with total revenue of $362.6 million, up 13.8% from the prior-year quarter. Core revenue, which consists of subscription and transaction fees, reached $319.6 million, up 16%.
BILL reported $358.5 million in first quarter fiscal 2025 revenue, up 17.5% from the prior-year quarter. Gross profit rose 18.0% to $293.8 million, and gross margin was 82.0%, up 0.3 percentage points from the prior-year quarter.
BILL reported $343.7 million of total revenue for the fiscal fourth quarter ended June 30, 2024, up 16.1% from the prior-year quarter, and $1,290.2 million for the full fiscal year, up 21.9%. Gross profit was $278.5 million in the quarter, up 14.4%, while gross margin fell 1.2 percentage points to 81.0%.
BILL reported total revenue of $323.0 million for its fiscal third quarter ended March 31, 2024, up 18.5% year over year. Year-to-date revenue reached $946.5 million, up 24.1% from the prior-year period. Gross profit was $268.0 million, up 19.8%, and gross margin improved to 83.0%.
BILL reported fiscal second quarter results for the period ended December 31, 2023. Total revenue was $318.5 million, up 22% year over year. Core revenue, which is subscription and transaction fees, was $275.0 million, up 19%.
BILL reported first quarter fiscal 2024 total revenue of $305.0 million, up 32.6% from the prior-year quarter. Core revenue, which the company defines as subscription and transaction fees, was $265.1 million, up 24%. The quarter ended September 30, 2023.
BILL closed fiscal 2023 with fourth-quarter total revenue of $296.0 million, up 47.8% from the prior-year quarter. Gross profit was $243.4 million, up 55.3%, and gross margin was 82.2%, up 3.9 percentage points.
BILL closed the fiscal third quarter with revenue of $272.56 million, up 63.3% from $166.91 million in the prior-year quarter. Subscription fees were $66.7 million, up 28% year over year, and transaction fees were $172.8 million, up 52%. Those two lines together, which the company calls core revenue, grew 45%.
BILL reported fiscal 2023 second-quarter total revenue of $260.0 million, up 66.2% from the prior-year quarter. Core revenue, a supplemental metric that combines subscription and transaction fees, was $231.1 million, up 49%.
BILL closed FY2023 Q1 with revenue of $229.9 million, up 94% from $118.3 million in the prior-year quarter. Core revenue, made up of subscription and transaction fees, reached $214.6 million, an 83% increase.
Bill.com closed fiscal 2022 with fourth quarter revenue of $200.2 million, up 155.8% from the prior-year quarter. Revenue for the full fiscal year was $642.0 million, up 169.4% year over year.
Bill.com reported total revenue of $166.9 million for the fiscal third quarter ended March 31, 2022, up 179% year over year. Revenue for the first nine months of fiscal 2022 rose 176% to $441.7 million.
Bill.com closed the fiscal 2022 second quarter with revenue of $156.5 million, up 190% from $54.0 million in the prior-year quarter. Net loss was $80.4 million, or $0.78 per diluted share, compared with $17.2 million in the same quarter a year earlier.
Bill.com reported $116.4 million of revenue for its fiscal 2022 first quarter ended September 30, 2021, up 152% from the prior-year quarter. Gross profit was $86.6 million, up 154%, and gross margin reached 74.4%, up 0.6 percentage points. Operating loss widened to $76.2 million. Net loss widened to $75.7 million.
Bill.com closed fiscal 2021 with a quarter that paired strong top-line growth with a much wider GAAP loss. Total revenue for the fourth quarter was $78.3 million, up 85.9% from $42.1 million a year earlier. Gross profit was $58.0 million, up 81.1% from $32.0 million, while gross margin slipped to 74.1% from 76.0%.
Bill.com paired rapid top-line growth with a deeper loss in the three months ended March 31, 2021. Revenue was $59.7 million, up 44.9% from $41.2 million in the prior-year quarter. Revenue for the nine months ended March 31, 2021 was $160.0 million, up 38.5% from $115.5 million.
Bill.com reported total revenue of $54.0 million for the quarter ended December 31, 2020, up 38.3% from a year earlier. The mix moved fast.
Bill.com reported total revenue of $46.2 million for its fiscal 2021 first quarter, up 31% from the first quarter of fiscal 2020. Gross profit was $34.1 million, up 31.0%. Gross margin was 73.8%, down 0.2 percentage points from the prior-year quarter.
Bill.com showed notable performance in fiscal 2020, ending the year with a strong revenue increase to $157.6 million, up from $108.4 million in the previous year.
BILL, a cloud-based back-office financial software provider, operates at the core of SMBs financial operations through an AI-enabled platform. The company efficiently connects small and midsize businesses with suppliers and clients, facilitating a range of services, from invoicing to payments and reconciliation.
BILL, a leading provider of cloud-based software for small and midsize businesses, experienced significant year-over-year revenue growth for the fiscal quarter ending December 31, 2019. Revenue increased by 50% to $39.1 million compared to $26.0 million in the same quarter last year.
Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.