BILL Holdings Q2 EPS Beats Estimates; Revenues Rise 14.4% to $414.7M
BILL Holdings posted Q2 fiscal 2026 non-GAAP EPS of $0.64, surpassing the $0.56 consensus and up from $0.56 year over year. Revenue reached $414.7 million, 14.4% higher year over year and also above the $399.8 million estimate, fueled by subscription and transaction fee growth despite a decline in float revenues.
1. Q2 Financial Performance
BILL Holdings reported non-GAAP EPS of $0.64 in fiscal Q2 2026, beating the $0.56 consensus and matching last year’s EPS. Revenues reached $414.7 million, up 14.4% year over year and exceeding the $399.8 million estimate.
2. Growth Drivers and Float Revenue Decline
Subscription and transaction fee revenues drove the quarter’s growth through strong customer adoption and increased payment volumes. Float revenues, or interest on customer funds, declined year over year, highlighting margin pressures in current interest rate conditions. Management emphasized efficiency and differentiation to sustain long-term shareholder value.