Bill Holdings(NYSE) BILL

Bill helps small and midsize businesses handle their money and pay their bills. It provides software that automates back-office tasks like sending invoices and managing employee spending. These tools help business owners save time and see their cash flow more clearly.

How Bill Powers Finances

• BILL AP/AR: Cloud-based software that automates accounts payable and accounts receivable transactions; accounted for $185.9 million in revenue in Q2 2026.
• BILL Spend and Expense: Smart corporate cards and budget management tools that eliminate the need for manual expense reports; generated $166.5 million in revenue in Q2 2026.
• Embedded and Other Solutions: Payment capabilities integrated into partner platforms like Paychex, Oracle NetSuite, and Acumatica.
• Interest on Funds: Revenue earned from interest-bearing accounts and securities while holding customer money during the payment process.

Growth and Partner Moves

• Launched BILL AI in October 2025, introducing automated agents to collect tax forms and reconcile receipts.
• Formed strategic embed partnerships with Paychex, Oracle NetSuite, and Acumatica to expand the platform's reach to new users.
• Authorized a $300 million share repurchase program in August 2025 to buy back outstanding common stock.
• Completed a reduction in force impacting 6% of employees in late 2025 to improve organizational efficiency.

What Makes Bill Different

The company operates a large financial network with over 8 million members, processing payment volumes that represent roughly 1% of U.S. gross domestic product. It reaches small businesses through deep integrations with over 85 of the top 100 accounting firms and several of the largest U.S. financial institutions.

A Look at the Numbers

• Total revenue reached $414.7 million in Q2 2026, up 14.4% from the same period in 2025.
• Free cash flow grew to $103.8 million in Q2 2026, a 21.1% increase compared to Q2 2025.
• Operating cash flow hit $105.3 million in Q2 2026, up 33.8% year-over-year.
• Gross profit rose to $331.1 million in Q2 2026, up 11.9% from $295.9 million in Q2 2025.
• The company reported a net loss of $2.6 million in Q2 2026, compared to a net income of $33.5 million in Q2 2025.

Bottom Line

Bill has transitioned from a basic payment tool into an integrated AI-driven finance platform. By connecting businesses with banks and accounting firms, it has established itself as a central hub for small business financial operations.