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BILL Holdings, Inc.

BILLleader

BILL is a leading SMB financial operations platform that automates AP/AR and expense management. It is embedded in major bank portals (Bank of America, JPMorgan) and accounting software (QuickBooks, Xero).

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Products & Revenue

Product Revenue Share

Revenue Breakdown ($1.3B)

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Core Revenue (subscription + transaction) (85%)
Float Revenue (interest) (15%)

Segment Breakdown & Key Customers

Product Details

BILL Accounts Payable/Receivable55%

Cloud-based AP/AR automation for SMBs — automating invoice processing, approvals, and payments. ~470,000 customers.

Divvy (Spend Management)30%

Corporate cards and expense management platform for SMBs, competing with Brex and Ramp.

Invoice2go / International15%

Invoicing and payment platform for freelancers and small service businesses.

Macro & Market Context

IT / 소프트웨어Sector News

AI 코파일럿 구독 전환 가속 — 전통 SaaS 성장률 차별화 심화

SaaS 시장 성장률 (2026E)

+18% YoY

AI 코파일럿 ARR 성장

+320% YoY

기업 IT 예산 증가율

+6% (AI 재배분)

전통 라이선스 시장

-12% YoY

Upcoming Catalysts

Salesforce·ServiceNow·CRM Q1 실적 (2026.05)Microsoft Build 컨퍼런스 (2026.05)CrowdStrike Fal.Con 2026 발표

Latest News

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AI Analysis

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Company Info

Headquarters

San Jose, CA

Founded

2006

Employees

3,300

Website

bill.com

Sector OverviewIT / 소프트웨어

Sector News

AI 코파일럿 구독 전환 가속 — 전통 SaaS 성장률 차별화 심화

SaaS 시장 성장률 (2026E)

+18% YoY

AI 코파일럿 ARR 성장

+320% YoY

기업 IT 예산 증가율

+6% (AI 재배분)

전통 라이선스 시장

-12% YoY

Key Themes

  • AI 에이전트 상용화 — Salesforce Agentforce·ServiceNow 수혜
  • Microsoft Copilot M365 — 기업 시트 전환율 가속 (30% → 60%)
  • 사이버보안 AI 통합 — CrowdStrike·Palo Alto 플랫폼 공고화

Upcoming Catalysts

  • Salesforce·ServiceNow·CRM Q1 실적 (2026.05)
  • Microsoft Build 컨퍼런스 (2026.05)