3 Stocks That Benefit if Companies Cut Costs in 2026 BILL (NYSE:BILL) reported fiscal third-quarter 2026 results that executives said showed continued revenue growth, expanding margins and the company’s first quarter of GAAP profitability, while also announcing a major workforce…
duction and a larger share repurchase authorization. Chairman, CEO and Founder René Lacerte said core revenue grew 16% year over year and non-GAAP operating margin approached 20%
CFO Rohini Jain later said core revenue totaled $371 million in the quarter, while non-GAAP operating margin was 20%, up 176 basis points sequentially and 475 basis points from a year earlier. Non-GAAP net income was $77 million, up 5% sequentially and 32% year over year. “Our strong Q3 results extend the durable trajectory we’ve been building all year,” Jain said. She said the quarter reflected “operating discipline and rigorous execution” and noted that the company also achieved GAAP profitability.
AI Becomes BILL’s Top Strategic Priority Lacerte said the company is accelerating what he described as an AI transformation across its business, calling AI no longer “one priority among three” but BILL’s “number one priority.” He said the company has built AI infrastructure using its data assets and has launched a suite of agents used by “well over 100,000 customers.” According to Lacerte, BILL’s AI agents have automated approximately 1.2 million invoices across more than 9 million data fields. He also said the company’s Pay For You agent, launched in beta early in the third quarter, has completed tens of thousands of card transactions without human interaction. Internally, he said BILL launched a quality assurance agent that scores 100% of customer interactions, compared with a prior manual review process covering a 1% to 2% sample.