BILL's fourth quarter results beat estimates as transaction fee revenue surged 17% year-over-year

BILL reported fourth quarter fiscal 2026 results that exceeded analyst estimates across top and bottom-line metrics, driven by robust transaction volume and increased adoption of its integrated finance platform. The company processed $98 billion in total payment volume during the quarter, representing 14% year-over-year growth.

Key Highlights

• Total revenue reached $436.2 million, a 14% increase year-over-year, surpassing the $430.5 million consensus estimate.
• Non-GAAP EPS of $0.84 beat expectations of $0.71, supported by significant margin expansion.
• Transaction fees grew 17% to $324.3 million, reflecting durable SMB spending activity and higher take rates.
• Non-GAAP operating income surged 80% year-over-year to $101.6 million, yielding a non-GAAP operating margin of 23%.
• Share repurchases totaled approximately $300 million during the quarter, with the company retiring 8.4 million shares.