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Added to YB: 2026-05-15

Pitch date: 2026-05-13

BILL [neutral]

BILL Holdings, Inc.

Author Info

Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.

Company Info

BILL Holdings, Inc. provides financial operations platform for small and midsize businesses worldwide.

Market Cap

$4.0B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

78.18

P/E

24.8K

EV/Sales

2.31

Sector

Software

Category

turnaround

Show full summary:
Payments and FinTech Earnings Recap: Q1 2026 - BILL Holdings, Inc.

BILL (earnings): Q1 core rev +16% (high-end of guide), TPV +12%. Announced 30% workforce cut = $110M annual savings, only $20-30M reinvested = $85M drop to bottom line (4.5pts margin expansion on FY27 est $1.85B rev). $1B buyback (~25% mkt cap). SBC trending down, Divvy rewards -3bps. Risks: GAAP unprofitable, rate-sensitive income, Q4 guide implies slowdown to 14.5%. Trades 2.3x P/S vs peers.

Read full article (1 min)