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Bill Holdings vs Box: BILL and BOX compared
Bill Holdings is the larger company: $354M of revenue in its latest quarter (Q1 FY27) against $321M for Box (Q2 FY27). Bill Holdings is growing faster (+12% against +9% a year earlier). Bill Holdings is more profitable, with an operating margin of 14.5% against 10.2%.
Where the money goes: BILL and BOX
Bill Holdings (BILL) · Q1 FY27
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.
Box (BOX) · Q2 FY27
Box, Q2 FY27: revenue $321M (+9% year over year), operating margin 10.2%, net earnings $19.2M, operating cash flow $70.8M. The chart follows the revenue to costs, profit and cash.
| Bill Holdings (BILL) | Box (BOX) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 FY27 |
| Revenue | $354M | $321M |
| Revenue growth, Y/Y | +12% | +9% |
| Gross margin | 76.9% | 79.1% |
| Operating margin | 14.5% | 10.2% |
| Net earnings | $60.3M | $19.2M |
| Net margin | 17.0% | 6.0% |
| Operating cash flow | $96.8M | $70.8M |
| Free cash flow | $82.9M | $70.7M |
| Market value | $5.3B | $6.1B |
| P/E | 101.8× | 46.5× |
| Analysts’ mean target | $57.55 | $39.86 |
Where the revenue comes from
Bill Holdings
- Subscription and transaction fees: $316M (89%)
- Interest on funds held for customers: $37.4M (11%)
Questions
Which is bigger, Bill Holdings or Box?
Bill Holdings is the larger company: $354M of revenue in its latest quarter (Q1 FY27) against $321M for Box (Q2 FY27).
Is Bill Holdings or Box growing faster?
Bill Holdings is growing faster (+12% against +9% a year earlier).
Which is more profitable, Bill Holdings or Box?
Bill Holdings is more profitable, with an operating margin of 14.5% against 10.2%.
More: Bill Holdings earnings · how Bill Holdings makes money · Box earnings · how Box makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Aug 26, 2026). Fiscal quarters can end on different dates. Not investment advice.