Bill Com Holdings Inc (BILL)

Net profit margin

Jun 30, 2025 Mar 31, 2025 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 23,797 38,466 81,864 7,895 -28,878 -52,344 -115,291 -169,946 -223,725 -292,796 -348,378 -333,742 -327,787 -284,707 -224,715 -161,454 -98,720 -66,356 -47,947 -38,346
Revenue (ttm) US$ in thousands 1,462,570 1,422,886 1,387,697 1,343,638 1,290,173 1,242,491 1,192,018 1,133,529 1,058,468 962,706 857,062 753,534 640,013 518,065 410,892 308,459 238,265 202,102 183,594 168,629
Net profit margin 1.63% 2.70% 5.90% 0.59% -2.24% -4.21% -9.67% -14.99% -21.14% -30.41% -40.65% -44.29% -51.22% -54.96% -54.69% -52.34% -41.43% -32.83% -26.12% -22.74%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $23,797K ÷ $1,462,570K
= 1.63%

The net profit margin of Bill Com Holdings Inc. has demonstrated a notable trajectory over the examined period, revealing significant improvements from substantial losses toward profitability. Initially, the company experienced substantial negative margins, with a loss of -22.74% as of September 30, 2020, which deepened to -54.69% by December 31, 2021, indicating increasing difficulty in translating revenues into profits during that timeframe. This persistent negative trend persisted into mid-2022, reaching a low of -54.96% on March 31, 2022.

However, beginning in the latter half of 2022, the net profit margin exhibited a steady improvement. By September 30, 2022, the margin narrowed to -44.29%, and continued to trend upward through late 2022 and into 2023. Notably, the margin approached closer to breakeven levels, standing at -30.41% as of March 31, 2023, and further improved to -21.14% by June 30, 2023, and to -14.99% on September 30, 2023.

The most remarkable change was observed from late 2023 onward, when the company transitioned into profitability. By December 31, 2023, the net profit margin had turned positive at 5.90%. This positive trajectory persisted, with margins reaching 2.70% on March 31, 2025, and remaining above zero, at 1.63% as of June 30, 2025.

Overall, the financial data indicates a significant turnaround in Bill Com Holdings Inc.'s profitability profile over the analyzed period. The transition from consistent losses to sustained positive net margins suggests effective strategic, operational, or market-related improvements, resulting in the company moving towards profitability.