Inside the research
BILL Holdings, Inc.
BILL Research profile · latest available data
Price overview
$44.25
▼ -0.72 (-1.6%)
| 52w hi | $56.31 |
|---|---|
| 52w lo | $31.96 |
| Vol | 1.46M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.44
| Short | +0.24 |
|---|---|
| Medium | +0.65 |
| Long | +0.41 |
computed 2026-09-27
Key fundamentals
BILL Holdings, Inc.
Technology · Software - Application
| Market cap | $3.77B |
|---|---|
| Enterprise value | $3.73B |
| Forward P/E | 10.18x |
| EV / EBITDA | 37.30x |
| P / S (ttm) | 2.67x |
| Profit margin | -0.7% |
| Return on equity | -0.3% |
| Revenue growth | +13.8% |
| Debt / equity | 53.74 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.18 | |
| Sector | +0.15 | |
| Technical | +0.24 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
BILL Holdings, Inc. provides financial operations platform for small and midsize businesses worldwide. The company offers cloud-based payments, accounts payable, accounts receivable, and spend and expense management solutions. It also provides BILL Spend and Expense, a spend and expense management suite that provides a solution for businesses to have charge cards, build and monitor budgets, manage payments, and eliminate the need for manual expense reports. In addition, the company offers onboarding implementation support, and ongoing support and training services. Additionally, it provides payment services, including ACH, card, real-time, and cross-border payments, as well as checks and pay by card services; lending and deposit products; and value-added services. The company's artificial intelligence enabled financial software platform provides connections between suppliers and clients. It serves accounting firms, financial institutions, and software provider companies. The company was formerly known as Bill.com Holdings, Inc. and changed its name to BILL Holdings, Inc. in February 2023. BILL Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California.
Risk Metrics
| Beta vs SPX | 1.70 |
|---|---|
| Corr SPX | 0.43 |
| Annual vol | 63.1% |
| Annual ret | +9.8% |
| Sharpe | 0.16 |
| Max DD | -67.2% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-05-26 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-07 | Earnings Release, Restructuring… | read |
| 2026-03-16 | Officer / Director Change | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2026-01-26 | Officer / Director Change | read |
| 2025-12-16 | Officer / Director Change | read |
| 2025-12-11 | Shareholder Vote | read |
| 2025-11-06 | Earnings Release, Exhibits | read |
| 2025-10-20 | Officer / Director Change | read |
| 2025-10-16 | Material Agreement, Officer / Director Change… | read |
| 2025-10-08 | Officer / Director Change | read |
| 2025-08-27 | Earnings Release, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-29 | Cieri Michael | Officer, Chief Product Of | Sell | 5.60K | $199.83K |
| 2026-05-29 | Cieri Michael | Officer, Chief Product Of | Sell | 23.77K | $874.98K |
| 2026-05-29 | Cieri Michael | Officer, Chief Product Of | Sell | 3.50K | $129.85K |
| 2026-05-28 | Lacerte Rene A. | Director, Officer, CEO | Option exercise | 24.63K | — |
| 2026-05-28 | Moss Kenneth A | Officer, Chief Technology | Option exercise | 1.98K | — |
| 2026-05-28 | Lacerte Rene A. | Director, Officer, CEO | Option exercise | 6.66K | — |
| 2026-05-28 | Moss Kenneth A | Officer, Chief Technology | Option exercise | 23.35K | — |
| 2026-05-28 | Lacerte Rene A. | Director, Officer, CEO | Withheld for tax | 15.92K | $554.88K |
| 2026-05-28 | Cieri Michael | Officer, Chief Product Of | Withheld for tax | 18.72K | $652.25K |
| 2026-05-28 | Cieri Michael | Officer, Chief Product Of | Option exercise | 51.59K | — |
Flow & Concentration
| Insider 180d net | -$1.20M |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 99.0% |
| HHI | 2,768 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Millennium Management | $66.72M | 77.09M |
| State Street Corp | $31.22M | 36.12M |
| Fidelity / FMR LLC | $26.99M | 746.35K |
| Citadel Advisors | $26.31M | 727.66K |
| AQR Capital Management | $4.68M | 130.27K |
| Renaissance Technologies | $755.74K | 20.90K |
| Bridgewater Associates | $528.84K | 14.62K |
| Capital Research / Capital World | $247.57K | 287.00K |
| T. Rowe Price Group | $59.01K | 1.63M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2020–2025 · 6 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.06B | +116.2% | |
| Gross profit | $864.49M | +80.2% | |
| Operating income | -$295.77M | — | |
| Net income | -$28.88M | — | |
| Cash from ops | $278.77M | +178.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $44.83 | $45.82 | $44.21 | $44.25 | 1.46M |
| Sep 24 | $46.12 | $46.62 | $44.89 | $44.97 | 1.92M |
| Sep 23 | $46.80 | $47.08 | $45.61 | $45.92 | 1.10M |
| Sep 22 | $47.99 | $48.27 | $46.06 | $46.49 | 1.73M |
| Sep 21 | $48.00 | $48.26 | $46.80 | $47.06 | 1.41M |
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