Equity Profile

BILL

BILL Holdings, Inc.

Information TechnologyApplication Software$4.3B

Aug26Wed

Pre-Earnings Brief

UpcomingQ4-2026After Close5:00 PM EDT

Company Snapshot

BILL Holdings, Inc. operates in the Information Technology sector, focusing on application software solutions that help businesses manage their finances and payments....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, and investors will be looking for continued strong performance.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

BILL Q4-2026 Earnings Preview

Context

Company Snapshot

BILL Holdings, Inc. operates in the Information Technology sector, focusing on application software solutions that help businesses manage their finances and payments. As digital transactions continue to rise, BILL plays a crucial role in streamlining financial processes for companies of all sizes.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+1252.11%

Avg Stock Reaction

-0.32%

Last Quarter Recap

In Q3-2026, BILL reported an impressive EPS of $0.68, significantly exceeding expectations by 672.73%. The stock reacted positively, gaining 1.59% the following day.

Management Promises & Guidance

Continued focus on enhancing product offerings.
Commitment to improving customer service and support.
Plans to expand into new markets.

Expectations

Wall Street Expectations

Investors are generally optimistic about BILL's upcoming earnings report, especially given its history of beating EPS estimates. However, concerns about revenue growth and market competition remain.

Bull Case

If BILL continues its trend of strong earnings surprises, it could indicate robust demand for its services, leading to further stock price appreciation.

Bear Case

On the other hand, if revenue growth does not meet expectations, it could raise questions about the company's long-term viability and lead to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q4-2026?

Given BILL's history of exceeding EPS estimates, this figure will be critical in determining market sentiment post-report.

How is revenue growth tracking compared to previous quarters?

Investors will closely monitor revenue growth to assess the company's ability to sustain its strong performance amidst competitive pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BILL's ability to sustain its earnings momentum, given its recent performance and market positioning.

Supporting Evidence

BILL has consistently beaten EPS estimates, indicating strong operational execution.

The options market is pricing in a significant move, suggesting that traders expect volatility, which could favor a positive outcome.

The historical trend shows that even with earnings beats, the stock has often reacted negatively, indicating potential mispricing.

Key Risk

If revenue growth comes in below expectations, it could undermine the bullish sentiment surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether BILL can maintain its impressive earnings growth in a competitive landscape.

Bull Confirmed If

An EPS of $0.70 or higher would confirm the bull case and suggest strong demand for BILL's services.

Bear Confirmed If

An EPS below $0.50 would raise concerns about profitability and could confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±26.24%

Historical Avg

±2.4%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±26.2% while BILL has averaged ±2.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

55.4%

Calls (391K)P/C Ratio: 0.35Puts (106K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BILL beats expectations, history suggests a potential average move of +1.59% the following day, confirming strong demand.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

A miss could lead to a decline, with historical patterns suggesting an average drop of around -4.62%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition and retention strategies.
2Insights into competitive pressures and market share.
3Details on product enhancements or new features.
4Management's outlook on future revenue growth.
5Responses to analyst questions regarding operational challenges.

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Company Snapshot

BILL Holdings, Inc. operates in the Information Technology sector, focusing on application software solutions that help businesses manage their finances and payments....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, and investors will be looking for continued strong performance.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

BILL Q4-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+1252.11%

Avg Stock Reaction

-0.32%

Last Quarter Recap

In Q3-2026, BILL reported an impressive EPS of $0.68, significantly exceeding expectations by 672.73%. The stock reacted positively, gaining 1.59% the following day.

Management Promises & Guidance

Continued focus on enhancing product offerings.
Commitment to improving customer service and support.
Plans to expand into new markets.

Expectations

Wall Street Expectations

Investors are generally optimistic about BILL's upcoming earnings report, especially given its history of beating EPS estimates. However, concerns about revenue growth and market competition remain.

Bull Case

If BILL continues its trend of strong earnings surprises, it could indicate robust demand for its services, leading to further stock price appreciation.

Bear Case

On the other hand, if revenue growth does not meet expectations, it could raise questions about the company's long-term viability and lead to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q4-2026?

Given BILL's history of exceeding EPS estimates, this figure will be critical in determining market sentiment post-report.

How is revenue growth tracking compared to previous quarters?

Investors will closely monitor revenue growth to assess the company's ability to sustain its strong performance amidst competitive pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating BILL's ability to sustain its earnings momentum, given its recent performance and market positioning.

Supporting Evidence

BILL has consistently beaten EPS estimates, indicating strong operational execution.

The options market is pricing in a significant move, suggesting that traders expect volatility, which could favor a positive outcome.

The historical trend shows that even with earnings beats, the stock has often reacted negatively, indicating potential mispricing.

Key Risk

If revenue growth comes in below expectations, it could undermine the bullish sentiment surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether BILL can maintain its impressive earnings growth in a competitive landscape.

Bull Confirmed If

An EPS of $0.70 or higher would confirm the bull case and suggest strong demand for BILL's services.

Bear Confirmed If

An EPS below $0.50 would raise concerns about profitability and could confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±26.24%

Historical Avg

±2.4%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±26.2% while BILL has averaged ±2.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

55.4%

Calls (391K)P/C Ratio: 0.35Puts (106K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If BILL beats expectations, history suggests a potential average move of +1.59% the following day, confirming strong demand.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

A miss could lead to a decline, with historical patterns suggesting an average drop of around -4.62%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition and retention strategies.
2Insights into competitive pressures and market share.
3Details on product enhancements or new features.
4Management's outlook on future revenue growth.
5Responses to analyst questions regarding operational challenges.