BILL (BILL) FQ3 Revenue Rises 13% to $406.6M, Returning to Profitability

BILL Holdings Inc. (NYSE:BILL) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, BILL announced its financial results for FQ3 2026, delivering total revenue of $406.6 million, a 13% increase year-over-year. Core revenue, consisting of subscription and transaction fees, drove this growth by rising 16% to $371.1 million, while float revenue brought in $35.4 million. The company generated a net income of $12.8 million, up from a net loss of $11.6 million in the prior year’s FQ3, and grew its non-GAAP operating income by 50% year-over-year to $79.8 million.

BILL (BILL) FQ3 Revenue Rises 13% to $406.6M, Returning to Profitability

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Operationally, the financial operations platform served 493,800 businesses, processing 34 million transactions and $89 billion in total payment volume, which marks a 12% increase year-over-year. Alongside these results, BILL announced that its Board of Directors authorized a new share repurchase program of up to $1.0 billion in common stock over the next 24 months. This authorization includes unused amounts from its previous August 2025 program and follows the company’s FQ3 repurchase of ~1.0 million shares for $52 million.

Looking ahead, BILL Holdings Inc. (NYSE:BILL) provided financial guidance for both its FQ4 and the full fiscal year ending June 30. For FQ4, the company expects total revenue between $425.0 million and $435.0 million, representing 11% to 13% growth. For FY2026, BILL estimates total revenue will reach between $1,642.0 million and $1,652.0 million, with core revenue projected to grow 15% to 16% to a range of $1,496.3 million to $1,506.3 million.

BILL Holdings Inc. (NYSE:BILL) provides cloud-based financial operations software for small and midsize businesses, including accounts payable, accounts receivable, spend management, payments, and related automation tools.

While we acknowledge the risk and potential of BILL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BILL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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