BILLNYSEServices-Prepackaged SoftwareFiscal year ends June 30
BILL Holdings, Inc.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 20, 2026
$45.69+0.09 (+0.20%)
Close on Oct 19, 2026
- Market cap
- $4.24B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2026
Gross margin
80.9%+6.9 pts over 5 years
Operating margin
-4.4%+43.4 pts over 5 years
Net margin
-0.7%+40.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.0% | +16.0% | +47.3% | – | |
| Gross profit | +12.4% | +15.7% | +50.0% | – | |
| Free cash flow | +19.1% | +31.8% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.1% | -0.3% | |
| Return on assets | – | -2.4% | -0.1% | |
| Current ratio | – | 1.55 | 1.51 | |
| Interest coverage | – | -4.0× | – | |
| Capex to revenue | – | 7.9% | 0.2% | |
| Diluted shares | – | 83M | 100M |
Where the cash went
Fiscal 2022 to 2026, five years combined
BILL generated $1.25B from operations and spent $1.31B on capital expenditure, dividends and share buybacks. 2% of that went back into the business.
Generated
$1.25B
Used
$1.31B
Capital expenditure$21.61M2%Dividends$00%Share buybacks$1.29B98%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.7%
×Asset turnover0.16×
×Equity multiplier2.72×
=Return on equity, FY2026-0.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -0.7% | 0.16× | 2.72× | -0.3% |
| FY2025 | 1.6% | 0.15× | 2.39× | 0.6% |
| FY2024 | -2.2% | 0.14× | 2.29× | -0.7% |
| FY2023 | -21.1% | 0.11× | 2.32× | -5.5% |
| FY2022 | -50.8% | 0.08× | 2.32× | -9.9% |
| FY2021 | -41.4% | 0.06× | 2.58× | -6.1% |
| FY2020 | -19.7% | 0.08× | 6.46× | -10.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$11.24M
- Cash generatingOperating cash flow above zero$415.83M
- Return on assets improvedROA up on the prior year0.3% → -0.1%
- Earnings backed by cashOperating cash flow above net income$415.83M vs -$11.24M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.58 → 1.51
- No dilutionShare count did not rise104M → 100M
- Gross margin improvedGross margin up on the prior year81.40% → 80.93%
- More efficientAsset turnover rose0.16 → 0.16