Filing Flows › Bill Holdings (BILL) › Q4 FY26
Bill Holdings (BILL) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 20, 2026
Bill Holdings (BILL) reported revenue of $436M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +7% from the quarter before. Operating margin was -7.9%, net loss $18.5M (4.2% of revenue).
Bill Holdings, Q4 FY26: revenue $436M (+14% year over year), operating margin -7.9%, net loss $18.5M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $436M | +7% | +14% |
| Operating profit | −$34.3M | — | — |
| Net earnings | −$18.5M | -245% | — |
| Operating cash flow | $111M | +8% | +32% |
| Free cash flow | $96.5M | — | +41% |
What changed
Revenue was $436.2M in Q4 FY26, up 14% year over year and up 7% from the previous quarter. Subscription and transaction fees was the largest line at 92% of revenue.
Gross margin was 81.7%, up 0.9 points from Q4 FY25. Operating costs exceeded revenue by $34.3M, an operating margin of -7.9%. Operating expenses grew 18% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+315%). The quarter ended with a net loss of $18.5M, after a profit of $12.8M the previous quarter. Non-operating items added $14.2M, -71% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $111.0M (up 32% year over year). Non-cash charges added back $8.2M of depreciation and amortization and $52.8M of share-based compensation. Working capital and other items added $68.4M. After capitalization of internal-use software costs ($14.1M) and purchases of property and equipment ($375K), free cash flow as the company reports it was $96.5M.
Questions
What was Bill Holdings' revenue in the fourth quarter fiscal 2026?
Bill Holdings (BILL) reported revenue of $436M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +7% from the quarter before.
Was Bill Holdings profitable in the fourth quarter fiscal 2026?
Operating loss was $34.3M (-7.9% of revenue) and net loss $18.5M.
Source: Bill Holdings 10-K on SEC EDGAR.