BILL Holdings (BILL) Net Margin (2018 - 2026)
BILL Holdings (BILL) posted Net Margin of 4.23% for Q2 2026, down 234.52% on a QoQ basis from 3.14% in Q1 2026, and down 238.0% year-over-year from 3.06% in Q2 2025.
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Analysis
BILL Holdings (BILL) Net Margin (2018 - 2026) Analysis & Trends
BILL Holdings has reported Net Margin for 9 years, with the latest figure at 4.23% in Q2 2026.
- On a quarterly basis, Net Margin fell 238.0% year-over-year to 4.23% in Q2 2026; TTM through Jun 2026 was 0.68%, a 230.0% decrease from a year earlier, with the FY2026 full-year figure at 0.68%, down 231.0% from the prior year.
- Net Margin was 4.23% for Q2 2026 at BILL Holdings, down from 3.14% in the prior quarter.
- The five-year high for Net Margin was 9.84% in Q1 2024, with the low at 51.96% in Q1 2022.
- Average Net Margin over 5 years is 10.49%, with a median of 3.73% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 36400 bps in 2022, then sank 1307 bps in 2025.
- Over 5 years, Net Margin stood at 36.55% in 2022, then surged by 65 bps to 12.7% in 2023, then jumped by 173 bps to 9.25% in 2024, then slumped by 107 bps to 0.62% in 2025, then tumbled by 577 bps to 4.23% in 2026.
- The last three Net Margin figures came in at 4.23% (Q2 2026), 3.14% (Q1 2026), and 0.62% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 35.80% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -9.31% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.23% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.60% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -11.37% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.23% |
| Mar 31, 2026 | 3.14% |
| Dec 31, 2025 | -0.62% |
| Sep 30, 2025 | -0.75% |
| Jun 30, 2025 | -1.84% |
| Mar 31, 2025 | -3.24% |
| Dec 31, 2024 | 9.25% |
| Sep 30, 2024 | 2.48% |
| Jun 30, 2024 | 2.22% |
| Mar 31, 2024 | 9.84% |
| Dec 31, 2023 | -12.70% |
| Sep 30, 2023 | -9.14% |
| Jun 30, 2023 | -5.35% |
| Mar 31, 2023 | -11.42% |
| Dec 31, 2022 | -36.55% |
| 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% |