BILL Holdings (BILL) Operating Margin (2018 - 2026)
BILL Holdings (BILL) posted Operating Margin of 7.85% for Q2 2026, down 7901.46% on a QoQ basis from 0.1% in Q1 2026, and down 205.0% year-over-year from 7.48% in Q2 2025.
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Analysis
BILL Holdings (BILL) Operating Margin (2018 - 2026) Analysis & Trends
BILL Holdings has reported Operating Margin for 9 years, with the latest figure at 7.85% in Q2 2026.
- On a quarterly basis, Operating Margin fell 205.0% year-over-year to 7.85% in Q2 2026; TTM through Jun 2026 was 4.44%, a 107.0% increase from a year earlier, with the FY2026 full-year figure at 4.44%, up 107.0% from the prior year.
- Operating Margin was 7.85% for Q2 2026 at BILL Holdings, down from 0.1% in the prior quarter.
- The five-year high for Operating Margin was 0.1% in Q1 2026, with the low at 49.84% in Q1 2022.
- Average Operating Margin over 5 years is 16.73%, with a median of 8.32% recorded in 2024.
- The largest YoY upside for Operating Margin was 64496 bps in 2022 against a maximum downside of 2423 bps in 2022.
- Over 5 years, Operating Margin stood at 43.25% in 2022, then surged by 51 bps to 21.25% in 2023, then soared by 72 bps to 5.99% in 2024, then advanced by 27 bps to 4.36% in 2025, then plunged by 80 bps to 7.85% in 2026.
- The last three Operating Margin figures came in at 7.85% (Q2 2026), 0.1% (Q1 2026), and 4.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 46.97% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 4.06% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -8.22% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -7.85% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 5.85% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -8.63% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.85% |
| Mar 31, 2026 | -0.10% |
| Dec 31, 2025 | -4.36% |
| Sep 30, 2025 | -5.24% |
| Jun 30, 2025 | -5.80% |
| Mar 31, 2025 | -8.08% |
| Dec 31, 2024 | -5.99% |
| Sep 30, 2024 | -2.15% |
| Jun 30, 2024 | -6.47% |
| Mar 31, 2024 | -8.55% |
| Dec 31, 2023 | -21.25% |
| Sep 30, 2023 | -18.57% |
| Jun 30, 2023 | -13.99% |
| Mar 31, 2023 | -19.89% |
| Dec 31, 2022 | -43.25% |
| Sep 30, 2022 | -38.14% |
| Jun 30, 2022 | -41.63% |
| Mar 31, 2022 | -49.84% |
| Dec 31, 2021 | -48.62% |
| Sep 30, 2021 | -62.70% |