BILL Holdings Inc. (BILL) saw its stock plummet 29.68% in after-hours trading on Thursday, following the release of its fiscal Q2 2025 earnings report that included weaker-than-expected guidance for the upcoming quarter and full year.
While the company reported better-than-expected Q2 non-GAAP earnings per share of $0.56 and revenue of $362.55 million, beating analyst expectations, it was the forward guidance that seemed to disappoint investors.
For the third quarter, BILL provided revenue guidance of $352.5 million to $357.5 million, falling short of analyst expectations of around $360.4 million and signaling a slowdown in growth. Additionally, the company's full fiscal year 2025 revenue guidance range of $1.45 billion to $1.47 billion was also below consensus estimates of $1.46 billion.