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| Date | Value |
|---|---|
| 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% |