BILL Holdings reported fiscal fourth-quarter revenue of $436.2 million, up 14% year over year, with core revenue growing 16% to $400.5 million, while non-GAAP operating income surged 80% to $101.6 million. However, the number of businesses using its solutions fell to 479,300 from 493,800 in the prior quarter, with the decline entirely in Embedded Solutions and Other, while Integrated Platform businesses grew by 2,700. The company processed $98 billion in total payment volume and 37 million transactions, both up 14%, and noted that over 175,000 businesses have used its AI agents. BILL forecasts fiscal 2027 non-GAAP operating income of $421 million to $451 million, up from $323.7 million in fiscal 2026, and expects 11% to 14% core revenue growth. The company also recorded a wider GAAP operating loss of $34.3 million and announced a workforce reduction of up to 30% in May, raising concerns about the impact on customer growth.
Bill Com Holdings IncStrong revenue and operating income growth offset by declining business count and workforce reduction, creating mixed outlook.
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