When it comes to digital transformation, small and medium -sized businesses (SMB) need great help.
This was the word from Bill during its second quarter 2025 Profits Thursday (February 6), where executives emphasized that despite the broader macroeconomic uncertainties, Bill is positioning himself as a leader of financial automation for SMB – a historically market undeserved to digital financial services.
“We have yielded strong financial results and renewed at a rapid pace as we executed in our vision to be the de facto intelligent platform of financial operations for SMB,” said René Lacerte, CEO Bill and founders. “Today, more than 480,000 businesses rely on Bill to manage their daily financial work.
Bill’s Q2 FY25 revenues amounted to $ 362.6 million, a 14% increase year by year (YOY), while essential revenue-comprising reconciliation and transaction fees-increased by 16% to $ 319.6 million. Within this category, reconciliation tariffs increased 7%, and transaction fees increased 19%, underlining the increasing approval of the Bill platform while more digitizing their flows of financial labor.
Despite these positive figures, Bill’s shares suffered a significant decline, dropping 30% after the announcement of profits. The decline was mainly attributed to the company’s instructions for the next quarter, which did not fall into market expectations.
For the third fiscal quarter, which ends on March 31, Bill predicted total income between 352.5 million and 357.5 million, representing a 9% YOE increase to 11%. This forecast was under the analyst’s consensus estimates, leading to investors’ concerns about a possible slowdown in the company’s growth trajectory.
Read more: Payment Problem Small businesses don’t know they have
Small businesses want control; Automation gives them
During the latest quarter, Bill continued to escalate its impact within the SMB sector, processing a $ 84 billion shock in the total volume of payment (TPV) during the quarter – a 13% increase of YOY. The platform facilitated 30 million transactions, with 17% YOY, reflecting a strong demand on automated accountable account (AP) and receivable solutions (AR).
The number of businesses using the Bill platform reached 481,300, strengthening its expanding trail in a segment where digital funds are becoming critical. While more SMBs embrace cloud -based financial operations, Bill’s leaders stressed that the company remains well positioned to capitalize on this change.
“We are executing our strategic advantages and we are confident that our strong business model will allow us to run years of sustainable growth, a long -term profile of benefit and generating sustainable values for shareholders,” said John Rettig, Bill President and CFO.
While Bill’s growth trajectory remains strong, the B2B Fintech space is becoming increasingly competitive. Bonders as intuit QuickBooks, Paypal and American Express, as well as younger players such as RAMP and Brex, are aiming at SMB with financial automation, payment infrastructure and embedded finance products.
Read more: Link of small businesses to the broader business ecosystem
The differentiation of Bill, according to its leaders, lies in its integrated approach, offering a comprehensive suite that includes AP, AR, spends management and tracking of costs. Unlike traditional payment processors, the bill itself positions itself as an enabling financial flow from bottom to bottom, ensuring that businesses can automate and optimize money flow with minimal friction.
The Pymns intelligence revealed that SMBs are using technologies such as automation of accounts receivable (AR) to improve their efficiency, speed and accuracy and remain competitive.
By automation of gold, these businesses can choose their money flow management, shorten their unpaid sales of days, improve their processing speed and reduce mistakes, according delays of receipts. ”
However, the special intelligence of Pymns in the report “Payable and receivable trends and the way to benefit”, a collaboration with American Express, found that 36% of SMBs say the cost and complexity prevent them from automating functions of their ap/ar.