Filing Flows › Bill Holdings (BILL) › Q1 FY27
Bill Holdings (BILL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 6, 2026
Bill Holdings (BILL) reported revenue of $354M for the first quarter fiscal 2027 (Q1 FY27), +13% from a year earlier and -19% from the quarter before. Operating margin was 14.5%, net earnings $60.3M (17.0% of revenue).
Bill Holdings, Q1 FY27: revenue $354M (+12% year over year), operating margin 14.5%, net earnings $60.3M, operating cash flow $96.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $354M | -19% | +13% |
| Gross profit | $272M | -24% | +15% |
| Operating profit | $51.2M | — | — |
| Net earnings | $60.3M | — | — |
| Operating cash flow | $96.8M | -13% | 0% |
| Free cash flow | $82.9M | — | +0.8% |
What changed
Revenue was $353.8M in Q1 FY27, up 13% year over year and down 19% from the previous quarter. BILL AP/AR was the largest line at 57% of revenue. BILL AP/AR added $21.8M year over year (up 12%), 55% of the total change. Interest on funds held for customers declined 1%.
Gross margin was 76.9%, up 1.4 points from Q1 FY26. Operating profit was $51.2M, a 14.5% margin (up 21.0 points year over year). Operating expenses fell 14% while revenue rose 13%. The fastest-growing cost line was Other operating costs (+43%). Net earnings were $60.3M. The effective tax rate was 2.0%.
Operating cash flow was $96.8M (roughly flat year over year), 161% of net earnings. Non-cash charges added back $8.3M of depreciation and amortization and $40.7M of share-based compensation. Working capital and other items used $12.4M. After capitalization of internal-use software costs ($13.8M) and purchases of property and equipment ($80K), free cash flow as the company reports it was $82.9M.
Questions
What was Bill Holdings' revenue in the first quarter fiscal 2027?
Bill Holdings (BILL) reported revenue of $354M for the first quarter fiscal 2027 (Q1 FY27), +13% from a year earlier and -19% from the quarter before.
Was Bill Holdings profitable in the first quarter fiscal 2027?
Operating profit was $51.2M (14.5% of revenue) and net earnings $60.3M.
Source: Bill Holdings 10-Q on SEC EDGAR.