Bill Holdings, Inc.: Expanded Product Portfolio & Other Factors Driving Our Optimism! 

BILL Holdings, Inc., a platform that automates financial operations for small and medium-sized businesses (SMBs), reported its third quarter fiscal 2025 results, demonstrating a blend of strengths and challenges. The company experienced a robust 14% year-over-year growth in core revenue, achieving a notable non-GAAP operating income margin of 15%, which exceeded prior expectations due to improved business efficiency. Additionally, free cash flow increased 44% year-over-year, reflecting strong cash-generating capabilities. Over 488,000 businesses used its services to process $79 billion in total payment volume, underscoring the platform’s vital role in SMB financial operations.