BILL Holdings earnings beat by $0.20, revenue fell short of estimates

BILL reported Q1 fraud and credit losses $2M better than expected, with AI improving risk controls. Full-year core revenue forecasted at $1.28B-$1.31B, with non-GAAP EPS of $3.99-$4.15. Q2 core revenue projected at $315.5M-$325.5M. Accounts payable/receivable revenue grew 12%, adding 3,000 net new customers. Payment volume rose 7% YoY, with manufacturing and IT sectors showing strength. AI tools flagged $100M in unusual payments, saving customers 1,800 days of work.

BILL reported 3Q 2026 revenue of $353.77M, up 13% YoY, and net income of $0.61 per share. Growth was driven by increased transaction volume and subscription fees. Payment volume rose 14% to $101.8B, and gross margin improved to 76.9%. The company completed a 30% workforce reduction.

Oppenheimer raised its price target on Bill.com (BILL) to $60 from $55, citing strong Q1 results. Revenue exceeded guidance, with total revenue at $353.8M and core revenue at $316M. Operating income was $137M, surpassing estimates. The company raised its revenue growth guidance to 10-12% and increased operating income guidance by $40M. Despite a revenue miss, BMO Capital raised its price target to $56, noting strong profitability and growth.

BILL reported Q1 2027 earnings with core revenue of $316.4M (14% YoY growth) and total revenue of $353.8M (13% YoY growth). Non-GAAP net income rose 70% to $119.1M, exceeding guidance. The company added 3,000 net new customers and guided FY27 revenue to $1.43B-$1.46B. Management highlighted AI-driven efficiencies and risks from sector softness and platform transitions.

BILL Holdings Inc. (BILL) reported Q1 2027 earnings, expecting Q2 revenue growth to slow to 10-13% YoY due to tough comparisons and restructuring. CEO Rene Lacerte highlighted AI momentum and sales team realignment. CFO Rohini Jain noted $22M in Q1 operating income beat, but cautioned against new baseline expectations. Management expects growth to improve in H2 2027 as restructuring completes and AI initiatives gain traction. Fraud pressure remains, but AI models are improving loss control.

BILL Holdings (BILL) reported Q1 FY 2027 core revenue growth of 14% year-over-year, with a non-GAAP operating margin of 39%. The company anticipates FY 2027 non-GAAP EPS of $3.99 to $4.15, targeting a ~33% non-GAAP operating margin. According to CEO René Lacerte, Q1 was a strong quarter with continued profitable growth.