Bill.Com Holdings, Inc. ( (BILL) ) has released its Q2 earnings. Here is a breakdown of the information Bill.Com Holdings, Inc. presented to its investors.
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BILL Holdings, Inc. is a prominent financial operations platform catering to small and midsize businesses, offering automated solutions for managing payables, receivables, and expense management. The company, headquartered in San Jose, California, serves as a trusted partner to financial institutions and accounting firms across the U.S.
In its second quarter earnings report for fiscal year 2025, BILL announced a 14% increase in total revenue year-over-year, reaching $362.6 million, with core revenue climbing 16% to $319.6 million. The company also reported a notable reduction in its operating loss compared to the previous year.
Key financial metrics from the quarter highlighted an operating loss of $21.7 million, a significant improvement from the $67.7 million loss in the same period last year. Additionally, net income was reported at $33.5 million, a turnaround from the previous year’s net loss. BILL also completed a $1.4 billion convertible senior notes offering and repurchased approximately $134 million of its outstanding notes due in 2025.
BILL’s management remains optimistic about future growth, projecting total revenue between $1,454.0 million and $1,469.0 million for the full fiscal year 2025, with core revenue expected to grow by 16% to 17%. The company continues to focus on strategic investments to drive long-term profitability and value for shareholders.
With a strong financial performance and strategic initiatives in place, BILL aims to solidify its position as a leader in financial operations for SMBs, leveraging its platform to address the expanding market opportunities in this sector.