NYSE$BILL
BILL Holdings Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Bill.com's financial performance for Q3 2021 fiscal year was reported, featuring a 62% year-over-year increase in core revenue and a definitive agreement to acquire Divvy.
Bill.com reported strong Q3 fiscal 2021 results, with total revenue increasing by 45% year-over-year to $59.7 million and core revenue growing by 62% year-over-year. The company processed $35.0 billion in total payment volume, a 44% increase year-over-year. Bill.com also signed a definitive agreement to acquire Divvy.
- Total revenue was $59.7 million, up 45% year-over-year.
- Core revenue, including subscription and transaction fees, increased 62% year-over-year.
- Total payment volume processed on the platform reached $35.0 billion, a 44% increase year-over-year.
- Bill.com signed a definitive agreement to acquire Divvy.
Headline financials
Revenue & EPS history
BILL · Revenue · Quarterly
$59.7M
Revenue by segment
BILL · $59.7M total across 2 segments · Q3 2021
- Subscription and transaction fees$58.6M+62.4%98.1%
- Interest on funds held for customers$1.12M-78.3%1.9%
Forward guidance
Bill.com is providing guidance for the fiscal fourth quarter ending June 30, 2021.
Tailwinds
- Total revenue (millions) $60.9 – $61.9
- Year-over-year total revenue growth 45% – 47%
- Core revenue (millions) $60.4 – $61.3
- Year-over-year core revenue growth 56% – 58%
- Float revenue (millions) $0.5 – $0.6
Headwinds
- Non-GAAP net loss (millions) ($4.5) – ($3.5)
- Non-GAAP net loss per share ($0.05) – ($0.04)
- Weighted-average basic and diluted shares outstanding (millions) 83.3
- The financial outlook does not include any potential impact from the proposed acquisition of DivvyPay, Inc. (“Divvy”).
- Bill.com has not provided a reconciliation of non-GAAP net loss or non-GAAP net loss per share guidance measures to the most directly comparable GAAP measures because certain items excluded from GAAP cannot be reasonably calculated or predicted at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+4.1%
Avg return
Earnings day
+4.3%
Avg return
5 days after
+1.8%
Avg return
30 days after
56%
14 / 25 earnings
Positive
+37.6%
Q2 2021
Best reaction
-35.5%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +10.9% | +6.3% | -4.3% | |
| Q2 2026 | +37.2% | +31.8% | +26.3% | |
| Q1 2026 | +2.7% | +17.0% | +20.5% | |
| Q3 2025 | -6.1% | +1.0% | -4.1% | |
| Q2 2025 | -35.5% | -36.6% | -51.0% | |
| Q1 2025 | +19.5% | +37.5% | +50.5% | |
| Q4 2024 | -8.0% | +3.9% | +5.4% | |
| Q3 2024 | -9.9% | -8.2% | -17.1% | |
| Q2 2024 | -12.6% | -16.2% | -8.4% | |
| Q1 2024 | -24.2% | -28.4% | -22.8% | |
| Q4 2023 | +5.7% | +3.5% | +4.3% | |
| Q3 2023 | +19.6% | +22.5% | +36.7% | |
| Q2 2023 | -20.7% | -15.2% | -24.0% | |
| Q1 2023 | -8.7% | -10.5% | +4.4% | |
| Q4 2022 | +15.1% | +8.3% | -1.5% | |
| Q3 2022 | -31.0% | -38.9% | -27.4% | |
| Q2 2022 | +25.5% | +27.9% | +11.1% | |
| Q1 2022 | +14.1% | +16.7% | -19.2% | |
| Q4 2021 | +29.4% | +25.1% | +24.5% | |
| Q3 2021 | +10.7% | +5.5% | +6.5% | |
| Q2 2021 | +37.6% | +29.5% | +11.0% | |
| Q1 2021 | -6.1% | -12.2% | +16.1% | |
| Q4 2020 | -2.6% | -4.5% | -7.6% | |
| Q3 2020 | +26.9% | +19.7% | +6.5% | |
| Q2 2020 | +12.4% | +22.2% | +8.0% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro