OverviewSuggest Edit

Bill.com is a provider of cloud-based software that aims to simplify, digitize, and automate back-office financial processes for small and mid-sized businesses. Its AI-enabled platform automates the entire transaction lifecycle and delivers its customer-facing products, including accounts payable, accounts receivable, and payments, along with myriad value-added services. The company offers its services to businesses, accounting firms, and banks.

TypePublic
Founded2006
HQPalo Alto, CA, US
Websitebill.com
Employee Ratings4.1
Overall CultureB

Latest Updates

Employees (est.) (Jun 2020)618(+14%)
Job Openings112
Revenue (FY, 2020)$157.6 M(+46%)
Share Price (Sept 2021)$289.3
Cybersecurity ratingBMore

Key People/Management at Bill.com

Rene Lacerte

Rene Lacerte

CEO and Founder
John Rettig

John Rettig

Chief Financial Officer
Bora Chung

Bora Chung

Chief Experience Officer
Raj Aji

Raj Aji

General Counsel and Chief Compliance Officer
Miguel Lopez

Miguel Lopez

SVP of Customer Success
Tom Clayton

Tom Clayton

Chief Revenue Officer
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Bill.com Office Locations

Bill.com has offices in Palo Alto and Houston
Palo Alto, CA, US (HQ)
1810 Embarcadero Rd
Houston, TX, US
2103 CityWest Blvd 12th floor
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Bill.com Financials and Metrics

Bill.com Revenue

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Bill.com's revenue was reported to be $157.6 m in FY, 2020
USD

Revenue (Q3, 2021)

59.7m

Gross profit (Q3, 2021)

44.3m

Gross profit margin (Q3, 2021), %

74.2%

Net income (Q3, 2021)

(26.7m)

EBIT (Q3, 2021)

(15.3m)

Market capitalization (15-Sept-2021)

28.0b

Closing stock price (15-Sept-2021)

289.3

Cash (31-Mar-2021)

1.2b

EV

27.7b
Bill.com's current market capitalization is $28 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

64.9m108.4m157.6m

Revenue growth, %

67%

Cost of goods sold

19.4m29.9m39.1m

Gross profit

45.5m78.4m118.5m
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

22.4m35.2m39.1m41.2m46.2m54.0m59.7m

Cost of goods sold

6.3m9.1m9.8m10.1m12.1m14.0m15.4m

Gross profit

16.1m26.0m29.3m31.1m34.1m40.1m44.3m

Gross profit Margin, %

72%74%75%75%74%74%74%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

22.4m90.3m573.6m

Accounts Receivable

2.3m4.4m4.3m

Prepaid Expenses

6.1m12.3m26.8m

Current Assets

1.0b1.5b2.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

86.2m314.9m228.6m564.2m1.6b1.2b

Accounts Receivable

3.7m4.8m3.4m5.0m7.0m9.6m

Prepaid Expenses

13.9m15.8m25.1m15.4m18.7m18.3m

Current Assets

1.6b1.9b1.8b2.4b4.0b3.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(7.2m)(7.3m)(31.1m)

Depreciation and Amortization

2.3m3.2m

Accounts Payable

(563.0k)3.2m(1.6m)

Cash From Operating Activities

(8.4m)(3.9m)(4.4m)
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(884.0k)(5.7m)(13.3m)(21.6m)(13.0m)(30.1m)(56.9m)

Depreciation and Amortization

765.0k985.0k2.1m3.4m

Accounts Payable

1.0m508.0k1.1m(1.5m)1.6m1.4m927.0k

Cash From Operating Activities

(2.3m)(2.4m)(4.1m)(3.3m)(2.4m)(11.6m)(13.2m)
USDFY, 2018

Revenue/Employee

193.0k

Debt/Equity

-0.1 x

Financial Leverage

-10.1 x
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Bill.com Operating Metrics

Bill.com's Customers was reported to be 81.4 k in Q1, 2020.
FY, 2018Q1, 2019FY, 2019Q1, 2020Dec, 2019

Customers

63.65 k67.51 k76.79 k81.37 k

Messages Sent per day

8 k

Products

3

Total Payment Volume

$49.59 b$15.51 b$71.28 b$21.98 b
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Bill.com Revenue Breakdown

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Bill.com revenue breakdown by business segment: 79.3% from Subscription and Transaction Fees and 20.7% from Interest on Funds Held for Customers

Bill.com Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Bill.com Online and Social Media Presence

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Bill.com Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    A+

    79/100

  • Compensation

    C

    67/100

  • Diversity

    D+

    63/100

Learn more on Comparably

Bill.com News and Updates

Thinking about trading options or stock in Bill.com, NetApp, Tesla, American Airlines, or Carnival Corp?

NEW YORK, Aug. 27, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BILL, NTAP, TSLA, AAL, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Thinking about trading options or stock in Bill.com, NetApp, Tesla, American Airlines, or Carnival Corp?

NEW YORK, Aug. 27, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BILL, NTAP, TSLA, AAL, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Bill.com stock rallies on higher fiscal Q4 sales

Bill.com Holdings Inc. shares jumped more than 10% late Thursday after the software company reported fiscal fourth-quarter sales above expectations even as its losses were wider. Bill.com said it lost $41.9 million, or 48 cents a share, in the quarter, compared with a loss of $9.5 million, or 13 ce…

Bill.com stock gets upgrade ahead of earnings

Bill.com Inc. shares received a vote of confidence ahead of the company's earnings report next week as Jefferies analyst Samad Samana upgraded the stock to buy from hold. "We generally avoid ratings changes shortly before results; however, we believe BILL's F4Q print is set to be unique," he wrote,…

US fintech Bill.com snaps up Invoice2go for $850 million

US-listed small business software company Bill.com (NYSE:BILL) is acquiring Australian SMB fintech Invoice2go for US$625 million (A$850m). The deal has been approved by the boards of both companies and is expected to close by the end of 2021, subject to receipt of regulatory approvals. The acquisiti…

Bill.com makes major acquisition play with $2.5 billion purchase of Divvy

Summary List PlacementThe cloud-based software provider for small and medium-sized businesses (SMBs) acquired accounting fintech Divvy for $2.5 billion in a stock and cash transaction, per a press release. The deal is expected to close by the end of September and is subject to regulatory approvals a…
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Bill.com Blogs

QuickBooks Connect Virtual Event

Join us at QuickBooks Connect for live-streamed talks, interactive breakout sessions, virtual connection opportunities and more! Visit our virtual booth to schedule a meeting with an expert and demo our solutions. Date:  Wednesday, November 18, 2020 Display Date:  November 18, 2020 image:  Boo…

Increase Your Efficiency and Ensure Compliance with AP Automation

Not-for-Profit clients rely on their firms to step up and expand beyond traditional services, deliver greater strategic insight, and ensure compliance. Join Bill.com’s Brandon Roth at the AICPA 2020 Not-for-Profit virtual conference and discover why it’s time for companies and accounting firms to r…

Virtual Event: NetSuite Now On Air

Join us at NetSuite Now On Air for live keynotes, helpful breakout sessions, and more! Visit our virtual booth to enter to win an Amazon gift card. Date:  Friday, October 30, 2020 Display Date:  October 6 - 30, 2020 image:  Booth:  Visit the Bill.com virtual booth and chat with an expert Even…

Ramon Ray

Author First Name:  Ramon Author Last Name:  Ray Author Title and Company:  SmartHustle.com Bio:  Ramon Ray is founder of SmartHustle.com. He's a global speaker, best-selling author and producer. Full bio at http://www.ramonray.com. Picture:  Author Twitter Info:  @ramonray

Venu Murthi

Author First Name:  Venu Author Last Name:  Murthi Bio:  Venu Murthi, Vice President of Product Design & Research at Bill.com, is responsible for leading design strategy and product research to deliver efficient and intelligent experiences to the company’s customers. He brings in a customer-c…

Sage Intacct Advantage Virtual Experience

Join Erin Nevruz, Senior Product Marketing Manager, in a panel discussion and finance leaders for the inside scoop on AP automation: what it is; why AI and digital payments are critical to your workflow and your finance team’s success; and how to accelerate your AP transformation with Bill.com and …
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Bill.com Frequently Asked Questions

  • When was Bill.com founded?

    Bill.com was founded in 2006.

  • Who are Bill.com key executives?

    Bill.com's key executives are Rene Lacerte, John Rettig and Bora Chung.

  • How many employees does Bill.com have?

    Bill.com has 618 employees.

  • What is Bill.com revenue?

    Latest Bill.com annual revenue is $157.6 m.

  • What is Bill.com revenue per employee?

    Latest Bill.com revenue per employee is $255 k.

  • Who are Bill.com competitors?

    Competitors of Bill.com include Shareworks, HighRadius and Billtrust.

  • Where is Bill.com headquarters?

    Bill.com headquarters is located at 1810 Embarcadero Rd, Palo Alto.

  • Where are Bill.com offices?

    Bill.com has offices in Palo Alto and Houston.

  • How many offices does Bill.com have?

    Bill.com has 2 offices.