Reading the tape
NYSE: BILL
Bill.com Holdings, Inc.
Technology · Software - Application
Market Cap
$3.83B
52w High
$57.21
52w Low
$34.44
P/E
-161.72
Volume
136.82K
Outstanding Shares
98.96M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -12.1%Revenue (TTM): 11.84%FCF (TTM): 14.99%P/FCF: 0th pct
What changed
The stock fell 12.1% over the last year. Revenue grew 11.84% over the trailing twelve months. Operating margin moved from -5.71% to -5.8%. Free cash flow grew 14.99% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently -5.8%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide.
CEORene A. Lacerte
SectorTechnology
IndustrySoftware - Application
Employees2,187
IPO dateDec 12, 2019
Valuation
Forward P/E—
EV/EBITDA39.19
Enterprise value$5.42B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth14.37%
Gross margin80.58%▼0.51%vs FY2024
Operating margin-5.8%▲59.18%vs FY2024
ROE0.61%▲187.05%vs FY2024
Analyst consensus
RatingBuy
Target price$54.22▲40.18%
19
Buy
12
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.55 · Revenue est $403.78M
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