BILL Holdings (BILL) Gross Margin (2018 - 2026)
BILL Holdings' (BILL) quarterly Gross Margin came in at 81.62% in Q1 2026, up 39.0% year-on-year from 58.72% in Q1 2025, and up 2.23% quarter-over-quarter from 79.84% in Q4 2025.
BILL Holdings (BILL) Gross Margin (2018 - 2026) Analysis & Trends
BILL Holdings' Gross Margin history runs 9 years deep, the most recent figure standing at 81.62% for Q1 2026.
- On a quarterly basis, Gross Margin rose 39.0% year-over-year to 81.62% in Q1 2026; TTM through Mar 2026 was 80.7%, a 77.0% decrease from a year earlier, with the FY2025 full-year figure at 81.4%, down 42.0% from the prior year.
- Gross Margin grew to 81.62% in Q1 2026 per BILL's latest filing, from 79.84% in the prior quarter.
- Across five years, Gross Margin topped out at 82.97% in Q1 2024 and bottomed at 77.63% in Q1 2022.
- The 5-year median for Gross Margin is 81.62% (2026), against an average of 81.02%.
- Biggest YoY gain for Gross Margin was 559 bps in 2022; the steepest drop was 48461 bps in 2022.
- Year by year, Gross Margin stood at 81.74% in 2022, then fell by 0 bps to 81.67% in 2023, then decreased by 0 bps to 81.63% in 2024, then decreased by 2 bps to 79.84% in 2025, then gained by 2 bps to 81.62% in 2026.
- Per Business Quant, the three latest BILL Gross Margin figures stand at 81.62% (Q1 2026), 79.84% (Q4 2025), and 80.54% (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | BILL Holdings | 4.10 Bn | 1.92 Bn | 331.86 Mn | 81.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 562.91% |