Bill.com just dropped their Q4 2025 earnings, and it’s all about AI, growth, and pushing boundaries in FinTech! From stopping fraud to launching new products, what’s next for the future of financial operations?

Bill.com Holdings, Inc. marked fiscal year 2025 as a transformative period, delivering robust financial performance driven by significant strategic investments in artificial intelligence, aggressive platform expansion, and impressive non-GAAP margin improvements that surpassed initial expectations. The company’s latest earnings call transcript highlights a pivotal year of innovation, setting a strong foundation for sustained profitability and accelerated revenue growth in the competitive FinTech landscape.

Central to Bill.com’s success are its advanced AI initiatives, which have already yielded substantial operational efficiencies and enhanced fraud prevention. Since the beginning of 2025, the company reported an 80% increase in fully automated bills, a testament to its intelligent virtual assistant. Furthermore, predictive AI solutions were instrumental in preventing over 8 million fraudulent attempts in fiscal 2025, safeguarding critical small and mid-sized business (SMB) assets and demonstrating the power of data-driven insights.

Fiscal 2025 saw the successful launch of key strategic products designed to broaden Bill.com’s market reach and deepen its value proposition. Supplier Payments Plus quickly gained traction among large suppliers by streamlining complex cash application processes. Concurrently, Bill Procurement was introduced to cater to mid-sized and complex businesses, unifying accounts payable, accounts receivable, spend, expense, procurement, and forecasting into a single intelligent platform, offering customers unprecedented control over their cash flow.

The company significantly advanced its embedded finance strategy, including a new partnership with a Fortune 500 company aimed at penetrating the lower mid-market. This Embed 2.0 strategy leverages Bill APIs, allowing businesses to tailor financial workflows within existing systems. The Bill network, a unique ecosystem of customers and suppliers, reached a new milestone with over 8 million members, fostering faster, more secure, and more efficient transactions, with 54% of payments now occurring seamlessly within the network.

Financially, Bill.com reported a strong fiscal 2025, achieving $1.5 billion in total revenue with core revenue growth of 16% year over year. Non-GAAP operating income exceeded initial guidance by over 20%, reaching $240 million for the full year. This remarkable profitability expansion, coupled with disciplined expense control and a focus on cost optimization, underscores the company’s commitment to delivering greater value to shareholders amidst strategic investments.

The expansion of Bill.com’s addressable market is a key priority, particularly its dedicated focus on the mid-market segment. In fiscal 2025, mid-market customer growth outpaced overall Bill APAR customer growth by five points, demonstrating strong resonance with more complex businesses. With approximately 300,000 mid-market businesses in the US, this segment represents a substantial opportunity, as these customers typically exhibit higher total payment volume and increased platform engagement.

Looking ahead to fiscal 2026, management anticipates flat transaction volume per customer due to macro headwinds, projecting take rates for spend and expense at the lower end of the 2.50%-2.60% range. Despite this cautious outlook, the company announced a new $300 million share repurchase program, reflecting confidence in its long-term potential and commitment to shareholder returns. Further AI-driven innovations, including the launch of intelligent finance agents, are expected to fuel customer acquisition and retention.

President John Rettig emphasized the ongoing momentum, highlighting successful international payment expansion to over 30 countries and a nearly 600% increase in Bill debit card volume among AP customers. CEO Rene Lacerte reiterated the company’s vision to reinvent financial operations for millions of SMBs, asserting that the exceptional customer value derived from their intelligent finance platform will translate into significantly greater value for Bill.com Holdings, Inc. in the years to come.

The commitment to an AI-driven future is clear, with projections for the majority of customers to utilize at least one “Bill agent” by the end of fiscal 2026. This initiative, part of the broader AgenTeq AI strategy, aims to further improve customer retention, accelerate multi-product adoption, and revolutionize strategic finance capabilities for SMBs who historically lack access to such sophisticated tools. The company’s robust data asset, with over 1.3 billion documents processed, provides a significant advantage in training these advanced models.