earnings
confidence high
sentiment neutral
materiality 0.85
BILL reports Q3 FY26 revenue $406.6M (+13% YoY), plans 30% workforce cut, authorizes $1B buyback
BILL Holdings, Inc.
2026-Q3 EPS reported
$0.07
revenue$1,216,974,000
- Q3 total revenue $406.6M (+13% YoY), core revenue $371.1M (+16% YoY). GAAP net income $12.8M ($0.12 diluted EPS) vs net loss $11.6M last year. Non-GAAP net income $77.2M ($0.68 diluted EPS).
- Workforce reduction of up to 30% announced; estimated charges $30M-$60M, mostly in Q4 FY26, completion by Q1 FY27.
- Board authorized $1.0B share repurchase program with 24-month term, replacing existing Aug 2025 authorization.
- FY26 Q4 guidance: total revenue $425M-$435M, core revenue $392M-$402M, non-GAAP operating income $81.5M-$86.5M.
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