BILL Holdings (BILL) Net Margin (2018 - 2026)

BILL Holdings' (BILL) quarterly Net Margin came in at 3.14% in Q1 2026, up 638.0% year-on-year from 0.43% in Q1 2025, and up 603.47% quarter-over-quarter from 0.62% in Q4 2025.

BILL Holdings (BILL) Net Margin (2018 - 2026) Analysis & Trends

BILL Holdings' Net Margin history runs 9 years deep, the most recent figure standing at 3.14% for Q1 2026.

  • On a quarterly basis, Net Margin rose 638.0% year-over-year to 3.14% in Q1 2026; TTM through Mar 2026 was 0.01%, a 269.0% decrease from a year earlier, with the FY2025 full-year figure at 1.63%, up 387.0% from the prior year.
  • Net Margin climbed to 3.14% in Q1 2026 per BILL's latest filing, from 0.62% in the prior quarter.
  • Across five years, Net Margin topped out at 9.84% in Q1 2024 and bottomed at 51.96% in Q1 2022.
  • The 5-year median for Net Margin is 3.24% (2025), against an average of 10.86%.
  • Across the five-year window, Net Margin jumped 36400 bps in 2022 and slumped 1307 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 36.57% in 2022, then soared by 65 bps to 12.69% in 2023, then jumped by 173 bps to 9.25% in 2024, then sank by 107 bps to 0.62% in 2025, then surged by 603 bps to 3.14% in 2026.
  • Per Business Quant, the three latest BILL Net Margin figures stand at 3.14% (Q1 2026), 0.62% (Q4 2025), and 0.74% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 BILL Holdings 4.10 Bn 1.92 Bn 331.86 Mn 3.14%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.14%
Dec 31, 2025 -0.62%
Sep 30, 2025 -0.74%
Jun 30, 2025 -1.85%
Mar 31, 2025 -3.24%
Dec 31, 2024 9.25%
Sep 30, 2024 2.48%
Jun 30, 2024 2.21%
Mar 31, 2024 9.84%
Dec 31, 2023 -12.69%
Sep 30, 2023 -9.14%
Jun 30, 2023 -5.35%
Mar 31, 2023 -11.42%
Dec 31, 2022 -36.57%
Sep 30, 2022 -35.51%
Jun 30, 2022 -42.42%
Mar 31, 2022 -51.96%
Dec 31, 2021 -51.41%
Sep 30, 2021 -63.95%
Jun 30, 2021 -406.43%