Bill Holdings Inc. (BILL) had a good Wednesday evening. The company posted its fourth-quarter results after the closing bell, and the numbers came in better than Wall Street expected. The stock responded by climbing 1.17% to $48.27 in extended trading.
Let's get into the details.
Bill Q4 Details
Bill reported quarterly earnings of 84 cents per share, beating the consensus estimate of 70 cents by 18.3%. Revenue also came in ahead of expectations at $436.19 million, versus the Street's $430.55 million.
But the headline numbers only tell part of the story. Here are some of the key operational highlights from the quarter:
- The company served 479,300 businesses using BILL solutions as of the end of the fourth quarter.
- It processed $98 billion in total payment volume, a 14% increase year-over-year.
- It processed 37 million transactions, also up 14% year-over-year.
- Core revenue, which includes subscription and transaction fees, was $400.5 million, up 16% year-over-year. Subscription fees were $76.2 million, up 11%, and transaction fees were $324.3 million, up 17%.
- Float revenue, which comes from interest on funds held for customers, was $35.7 million.
CEO and founder René Lacerte was upbeat about the results. "Our results for the year demonstrate the durability of our business. We continue to see strong demand for BILL’s integrated platform, with increasing adoption of our AI capabilities," he said.
Looking Ahead
For fiscal 2027, Bill expects adjusted EPS of $3.56 to $3.79, which is above the $3.35 analyst estimate. Revenue is expected to land between $1.81 billion and $1.86 billion, compared to the $1.85 billion estimate.
So, the company is not just beating expectations now; it's also guiding for a strong future. That's a good sign for investors who are looking for growth.