BILL Holdings (BILL) Gross Margin (2018 - 2026)
BILL Holdings' Gross Margin came in at 81.66% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 0.86 percentage points from 80.80% a year earlier and up 0.04 percentage points from the prior quarter.
BILL Holdings (BILL) Gross Margin (2018 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), BILL Holdings' Gross Margin was 80.93%, down 0.47 percentage points from FY2025.
- Gross Margin carries a five-year change of +6.87 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 81.40% in FY2025 (-0.42 pp), 81.82% in FY2024 (+0.14 pp), 81.67% in FY2023 (+4.26 pp) and 77.41% in FY2022 (+3.35 pp).
- The fiscal Q4 2026 figure represents the highest quarterly Gross Margin since fiscal Q1 2025.
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.45 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q1 2023 (a gain of 5.59 percentage points), and the weakest in fiscal Q2 2026 (a drop of 1.79 percentage points).
- Business Quant data shows BILL's Gross Margin at 81.62% (Q3 2026), 79.84% (Q2 2026) and 80.54% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 84.66% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 73.17% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 76.65% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 70.68% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 45.88% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 79.10% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 66.64% |
| 10 | BILL Holdings | 3.83 Bn | -4.84 Bn | 356.19 Mn | 81.66% |
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% |
BILL Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BILL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BILL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BILL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();