BILL Holdings, Inc. (BILL) · Nov 5, 2026 · Earnings

BILL earnings beat as FY27 guidance edges higher

Beat — Non-GAAP diluted EPS $1.18 vs. $0.96-$1.00 outlook

BILL earnings beat its Q1 outlook on core revenue, operating income and EPS, while the accounting reset makes the FY27 guidance lift look smaller than the profit improvement.

BILL is transitioning from a payments-and-expense software company into a broader AI-enabled finance platform, using AP/AR, spend management, embedded products and new AI agents to deepen customer usage. Its fiscal 2026 filing described BILL AI and embedded partnerships as core growth initiatives, while the latest quarter shows the integrated platform continuing to expand even as the broader customer count softens.

The quarter beat the company’s own bar by a meaningful margin. Core revenue reached $316.4 million, up 14% year over year, and total revenue reached $353.8 million; both exceeded the August outlook translated onto the new rewards-net presentation. Non-GAAP operating income of $136.9 million was well above the $112.5-$117.5 million outlook, while diluted non-GAAP EPS of $1.18 topped the $0.96-$1.00 range. The biggest surprise is therefore profitability, not just revenue.

Metric	Q1 FY27	Q1 FY26	Outlook / prior equivalent
Core revenue (Financial Highlights)	$316.4M (+14.3%)	$276.7M	$305.5-$315.5M
Total revenue (Income Statement)	$353.8M (+12.5%)	$314.5M	$340.0-$350.0M
Non-GAAP operating income (Operating income reconciliation)	$136.9M (+100.6%)	$68.2M	$112.5-$117.5M
Non-GAAP diluted EPS (EPS reconciliation)	$1.18 (+93.4%)	$0.61	$0.96-$1.00
FY27 total revenue guide (Guidance)	$1,433.5-$1,463.5M	—	$1,406.0-$1,456.0M
FY27 core revenue guide (Guidance)	$1,283.5-$1,313.5M	—	$1,268.0-$1,318.0M

The guidance move is positive, but not a wholesale reset. On a comparable revenue-net-of-rewards basis, the new FY27 total-revenue range is modestly above the August equivalent at the midpoint, while the core-revenue midpoint is only slightly higher. That makes this a raised outlook, but the major change is that BILL has now demonstrated much stronger near-term operating leverage than its prior profitability guide implied. 〔0〕

The accounting change creates a presentation trap, not an economic deterioration. Rewards are now deducted from revenue rather than recorded in sales and marketing; the company says the change has no effect on operating income, net income, per-share earnings, balance sheet or cash flow. Revenue and margin comparisons with figures reported before this quarter are therefore not clean unless they are recast, which is why the translated August ranges matter more than the headline revenue presentation. 〔1〕

The underlying platform story is improving, but customer breadth is not uniformly healthy. Integrated Platform users rose to 233,400 from 229,800 and BILL AP/AR customers rose to 186,300 from 183,300, while total businesses using solutions declined to 475,300 from 479,300 because Embedded Solutions and Other customers continued to fall. That leaves the quarter’s strong financial execution resting more on deeper usage and mix than on broad-based customer expansion. (Businesses using solutions; Revenue by solution)

Cash generation held steady while capital returned to shareholders. Free cash flow was $82.9 million versus $82.3 million a year earlier, but BILL also spent $312.2 million on share repurchases, driving a $311.5 million decrease in total cash and restricted cash during the quarter. The buyback is a capital-allocation choice rather than a sign of operating cash weakness, but it materially reduced corporate liquidity. (Cash Flow statement)

Bottom line: This is a genuine earnings beat, led by much better operating leverage and a modestly higher FY27 outlook. The business story advances, although the customer-count decline and only limited guidance lift keep it from being a full strategic reset.

What to watch next

Q2 FY27 report for confirmation of raised outlook

Original filing on SEC EDGAR

More BILL Holdings, Inc. news

Live · an AI on the whole US market

Breaking down Wall Street's information edge.

A buy-side analyst on every ticker.

It reads every public company's filing the second it drops — decoded into plain English, before it's a headline. The edge every investor deserves, not just the desks.

Trade the facts, not the FOMO.

Every event

8-Ks decoded the moment they file

Every number

Fundamentals, valuation, quality

What's next

Earnings calendar + the analyst view

scroll ↓

From filing to your screen in seconds

AllSight is the fastest.

DETECT

The moment it files

Every public company, around the clock. The AI never blinks and never takes lunch — nothing to set up.

filed 9:41:03 · decoded 9:41:19

DECODE

Plain English — never a call.

The event, the numbers, how it sits vs. expectations — in seconds. The AI decodes it; you pull the trigger.

DELIVER

On your screen, before the bell

Overnight and premarket, it's already read everything. You walk into every session with the setup — not scrambling to find it.

Understand it like a Wall Street analyst. Explained like a friend.

the raw filing — read the original on SEC.gov↗

decoded▸

AllSight · BlackBerry Q2 FY27

Revenue $163.3M vs ~$144M expected; adjusted basic EPS $0.07 vs ~$0.04 consensus — a real upside surprise.Income statement
QNX revenue +27% to $80.3M; segment EBITDA $29.0M from $20.5M. “Record performance… core automotive.”Segment — QNX
Licensing jumped to $22.1M from $6.6M — it amplified the beat, but it's less recurring than QNX, so the quality sits in QNX.Segment — Licensing
FY27 guide lifted to $616–636M rev / $141–158M EBITDA, above the prior $594–621M / $119–139M framework.Guidance
QNX growth, margins, cash and a raised outlook all beat. But licensing amplified it and Secure Comms is flat — net retention 91% from 93%.Segment — Secure Comms

Know a company all the way down.

Not just one filing. AllSight profiles every public company end to end — the numbers, the quality, the insiders, the smart money, the Street. One page, nothing missed.

Price & every insider trade, plotted
A quality score ranked against every peer
40+ valuation & profitability multiples
Where each one sits in its 5-year range
Whole-market insider flow, in real time
Which superinvestors are holding it
Analyst consensus & price target

Live · — filings read this week

AllSight gives you an edge others can't.

One scan before the open, one after the close — every filing on every ticker, already decoded. You walk into every session fully prepared.

Not investment advice · a neutral translation you can check against the original SEC filing

allsight.ai

Events/ANDE/8-K · Earnings

8-K · Item 2.02 · Earnings

The Andersons — a record Renewables quarter that beat profit expectations

Filed Aug 3, 2026ANDE · NASDAQ

AllSight readBeatPriced in▲ 1.8% since filed · reaction agrees

adj. EPS $2.15 vs ~$1.48 consensus

This filing tests whether The Andersons' sharp profit increase reflects broad operating improvement or a one-off renewable-fuels boost. It also separates strong adjusted earnings and cash generation from the quarter's legal and impairment charges.

The quarter was substantially stronger than both last year and the published earnings expectation. Adjusted EPS reached $2.15, versus $0.24 a year earlier and above the published consensus of about $1.48; reported EPS was $1.65. Adjusted EBITDA more than doubled to $140 million, while sales slipped modestly — the improvement came from margins and operating performance rather than higher revenue. Financial Highlights · Statements of Operations

Q2 ($M, exc. per-share)	Q2 2026	Q2 2025	YoY
Sales & merchandising revenue	3,097.7	3,135.9	−1%
Net income (attributable)	56.6	7.9	+48.7
Diluted EPS	1.65	0.23	+1.42
Adjusted EPS	2.15	0.24	+1.91
Adjusted EBITDA	140.3	65.2	+75.1
Agribusiness adj. pretax	20.3	16.8	+3.5
Renewables adj. pretax	88.4	9.6	+78.8
Cash from operations	487.9	299.3	+188.6
Cash from ops (pre-WC)	112.9	42.9	+70.1

Renewables drove nearly all of the upside — the operating backdrop was strong, but the result also benefited materially from tax credits. Renewables' adjusted pretax income rose to $88 million on record production, stronger ethanol margins and merchandising gains. It also received $24 million of 45Z producer tax credits, so this was not solely a repeatable plant-margin improvement; the company did cite healthy export and domestic ethanol demand as supportive. Renewables — Record Q2 · Segment Data

Agribusiness improved, but it was a supporting contributor rather than the main earnings engine. Adjusted pretax income increased to $20 million as fertilizer margins improved and merchandising benefited from commodity-price volatility, despite lower fertilizer volumes. Agribusiness — Improved Q2 · Segment Data

Cash generation improved and funding capacity is comfortable, while reported earnings still absorbed meaningful non-core costs. Operating cash flow was $488 million ($113 million before working-capital changes); capital spending was $76 million. Adjusted EPS excludes $0.50 of legal-settlement, impairment and transaction items, so the $2.15 adjusted result runs ahead of the $1.65 reported. Leverage stays below the <2.5× debt-to-EBITDA target; no new quantified full-year outlook was given. Cash & Liquidity · Adjusted Net Income

Community sentiment · 612 votes

58% bullish

Bull 58%Neu 27%Bear 15%

AllSight

AllSight Pro

A buy-side analyst on every ticker — reading the whole market the second it moves.

It reads every public company's filing the instant it drops and hands you what it means — in plain English, before it's a headline.

The read itself

Not another feed. A buy-side analyst that never sleeps, on everything.

Whole-market breadthevery public company

Not the 20 names CNBC repeats. Every ticker that files — thousands of companies, one AI reading all of them.

Filed-to-decoded in secondsspeed

Filed 9:41:03, decoded 9:41:19. You've got the catalyst while the tape is still moving and the crowd's still on the headline.

Past the headlinedepth

What actually happened, the numbers that matter, how it sits vs what the Street expected, and what it sets up next.

Source-grounded & neutralrigor

Every read traces to the words in the actual filing — click to see them. A translation you can check, never a buy/sell call.

Zero effort to youconvenience

Plain English, one glance. Follow your stocks and the moment any of them files, it's in your pocket — no watching, no digging.

All of it, livePro

Free reads every session once it closes. Pro reads it the moment it files: the whole market, all day, every day.

And then — go deeper

From "what happened" to "is it worth it."

Cheap or dear?Where it trades vs its own valuation history.

The quality score, in fullAll five dimensions, ranked against its sector.

Structure & multi-year trendsRevenue, margins, cash — the hard numbers, decoded.

Insider activityWho inside the company is buying and selling.

Analyst price targetsWhere Wall Street says every name is headed.

The whole company, one pagePrice, ownership, the full read — on any ticker.

Hire your personal buy-side analyst.

Trade one usual slippage for a whole market's rhythm.

Free

forever

Every closed session, on the whole market. The live session and the deep company read stay Pro.

Monthly

$29/mo

billed monthly

Everything, live — every session the moment it files, plus the full company read. Flexible, month to month.

Best value · save 40%

Annual

$17.40/mo

$209 billed yearly

about one slippage a month

Same full access — the whole market live and every company — at the lowest price. 40% off the monthly.

Billed today. Powered by Stripe · AllSight never sees your card.

BILL earnings beat as FY27 guidance edges higher

What to watch next

More BILL Holdings, Inc. news

Breaking down Wall Street's information edge.