BILL Holdings (BILL) Gross Margin (2018 - 2026)
BILL Holdings (BILL) posted Gross Margin of 81.66% for Q2 2026, little changed on a QoQ basis from 81.62% in Q1 2026, and up 86.0% year-over-year from 43.9% in Q2 2025.
Analysis
BILL Holdings (BILL) Gross Margin (2018 - 2026) Analysis & Trends
BILL Holdings has reported Gross Margin for 9 years, with the latest figure at 81.66% in Q2 2026.
- On a quarterly basis, Gross Margin rose 86.0% year-over-year to 81.66% in Q2 2026; TTM through Jun 2026 was 80.93%, a 47.0% decrease from a year earlier, with the FY2026 full-year figure at 80.93%, down 47.0% from the prior year.
- Gross Margin was 81.66% for Q2 2026 at BILL Holdings, roughly flat from 81.62% in the prior quarter.
- The five-year high for Gross Margin was 82.97% in Q1 2024, with the low at 77.63% in Q1 2022.
- Average Gross Margin over 5 years is 81.05%, with a median of 81.63% recorded in 2024.
- The largest YoY upside for Gross Margin was 559 bps in 2022 against a maximum downside of 48461 bps in 2022.
- Over 5 years, Gross Margin stood at 81.74% in 2022, then retreated by 0 bps to 81.67% in 2023, then slipped by 0 bps to 81.63% in 2024, then slipped by 2 bps to 79.84% in 2025, then grew by 2 bps to 81.66% in 2026.
- The last three Gross Margin figures came in at 81.66% (Q2 2026), 81.62% (Q1 2026), and 79.84% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 84.61% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 65.79% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 74.04% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 81.66% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 75.96% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 48.22% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 100.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.66% |
| Mar 31, 2026 | 81.62% |
| Dec 31, 2025 | 79.84% |
| Sep 30, 2025 | 80.54% |
| Jun 30, 2025 | 80.80% |
| Mar 31, 2025 | 81.24% |
| Dec 31, 2024 | 81.63% |
| Sep 30, 2024 | 81.95% |
| Jun 30, 2024 | 81.03% |
| Mar 31, 2024 | 82.97% |
| Dec 31, 2023 | 81.67% |
| Sep 30, 2023 | 81.63% |
| Jun 30, 2023 | 82.24% |
| Mar 31, 2023 | 82.08% |
| Dec 31, 2022 | 81.74% |
| Sep 30, 2022 | 80.38% |
| Jun 30, 2022 | 78.30% |
| Mar 31, 2022 | 77.63% |
| Dec 31, 2021 | 78.03% |
| Sep 30, 2021 | 74.79% |