Bill Com Holdings Inc (BILL)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Net income (ttm) US$ in thousands 81,864 7,895 -28,878 -52,344 -115,291 -169,946 -223,725 -292,796 -348,378 -333,742 -326,361 -283,281 -223,289 -160,028 -98,720 -66,356 -47,947 -38,346
Revenue (ttm) US$ in thousands 1,439,779 1,355,107 1,301,692 1,223,809 1,174,032 1,116,878 1,043,850 950,074 846,224 743,769 631,307 499,570 382,756 278,740 210,162 186,256 179,613 168,555
Net profit margin 5.69% 0.58% -2.22% -4.28% -9.82% -15.22% -21.43% -30.82% -41.17% -44.87% -51.70% -56.70% -58.34% -57.41% -46.97% -35.63% -26.69% -22.75%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $81,864K ÷ $1,439,779K
= 5.69%

The net profit margin of Bill Com Holdings Inc has displayed a notable improvement over the reviewed periods. The margin started at a considerable low of -22.75% in September 2020, progressively deteriorated to -58.34% by December 2021, but then exhibited a positive turning point. From March 2022 onward, the net profit margin began to rebound, showing a consistent upward trend reaching 5.69% by December 2024. This positive momentum indicates that the company has effectively managed its expenses relative to its revenue, resulting in a stronger profitability position. The improving net profit margin suggests that the company may have implemented successful cost-cutting measures or revenue-enhancing strategies, leading to a more sustainable financial performance.