Bill Holdings(NYSE) BILL

BILL Holdings helps small businesses manage their money and pay their bills online. The company connects businesses with their suppliers and customers to speed up payments. It makes financial tasks like tracking expenses and sending invoices much simpler for office workers.

Making Business Payments Simple

• Accounts Payable Automation: Software that handles the entire process of receiving and paying bills; it uses AI to read invoices and sync with accounting records.
• Accounts Receivable Automation: Tools for creating and sending digital invoices to clients; these help businesses collect payments faster through a branded online portal.
• Spend and Expense Management: A platform that provides business charge cards to employees; it allows managers to set budgets and see spending in real-time.
• Payment Services: A suite of options for moving money; includes electronic transfers, paper checks, international payments to over 130 countries, and instant transfers.

New Tech and Partnerships

• Launched BILL AI in fiscal 2026 to introduce AI agents that automate tasks like tax form filings and invoice coding.
• Introduced the Embed 2.0 initiative to integrate its payment tools directly into third-party software like Oracle NetSuite and Paychex.
• Expanded into travel management by launching BILL Travel to help employees book trips and track expenses.
• Undertook several workforce reductions in fiscal 2026, including a 30% staff cut in May 2026 to improve efficiency.

The Network Effect

The company uses a network of 9.2 million members to facilitate electronic payments without sharing bank details for every transaction. Its platform processes more than 1% of the U.S. gross domestic product, creating a data asset that powers its machine-learning tools.

By the Numbers

• Total revenue reached $1.7 billion in fiscal 2026, up 13% year over year.
• Net loss was $11.2 million in fiscal 2026, compared to a net income of $23.8 million in fiscal 2025.
• Total payment volume hit $371.3 billion in fiscal 2026, representing 13% growth year over year.
• Free cash flow increased to $354.7 million in fiscal 2026 from $312.5 million in fiscal 2025.
• The number of transactions processed on the platform rose 15% year over year to 139.4 million in fiscal 2026.

Evolving the Finance Office

The company is transforming from a payment software provider into an AI-integrated finance platform for small businesses. Recent structural changes and new product launches signal a focus on automation and operational efficiency.