NYSE$BILL
BILL Holdings Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Bill.com's Q3 fiscal year 2022 financial results were reported, demonstrating significant revenue growth and exceeding bottom-line expectations.
Bill.com reported a strong third quarter, driven by robust demand for its solutions. Total revenue increased by 179% year-over-year to $166.9 million, and core revenue grew by 182% year-over-year. The company's revenue outperformance and disciplined execution led to a better-than-expected non-GAAP net loss.
- Total revenue was $166.9 million, up 179% year-over-year.
- Core revenue, consisting of subscription and transaction fees, was $165.5 million, up 182% year-over-year.
- Organic core revenue was $102.1 million, up 74% year-over-year, excluding Divvy and Invoice2go revenue.
- Bill.com served 146,600 customers, processing $55.1 billion in total payment volume, up 57% year-over-year.
Headline financials
Revenue & EPS history
BILL · Revenue · Quarterly
$167M
Revenue by segment
BILL · $166M total across 1 segment · Q3 2022
- Subscription and transaction fees$166M+182.3%100.0%
Forward guidance
Bill.com provided guidance for the fiscal fourth quarter and full fiscal year ending June 30, 2022.
Tailwinds
- Q4 FY22 Total revenue (millions): $182.3 – $183.3
- Q4 FY22 Year-over-year total revenue growth: 133% – 134%
- FY22 Total revenue (millions): $624.0 – $625.0
- FY22 Year-over-year total revenue growth: 162% – 162%
- The company expects continued growth in revenue and customer base.
Headwinds
- Q4 FY22 Non-GAAP net loss (millions): ($14.9) – ($13.9)
- Q4 FY22 Non-GAAP net loss per share: ($0.14) – ($0.13)
- FY22 Non-GAAP net loss (millions): ($35.9) – ($34.9)
- FY22 Non-GAAP net loss per share: ($0.35) – ($0.34)
- The company anticipates a non-GAAP net loss for the upcoming quarter and full fiscal year.
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 2022
+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 | — | — | — |
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