BILL (US:BILL)2025-11-06 21:30Company Overview - The company champions small and midsize businesses with a mission to simplify business connections[6,9] - The company operates an essential financial operations platform encompassing spend management, accounts payable, and accounts receivable[10,11] - As of September 30, 2025, the company has 498,000 businesses using its solutions and 83 million network members as of June 30, 2025[15,41] - The company's platform facilitates approximately $357 billion in annualized run rate total payment volume[41] Market Opportunity - The U S opportunity includes 34 million SMBs and sole proprietors, a $75 billion SMB software spend, and $36 trillion in B2B payment volume[21] - The global opportunity encompasses 72 million SMBs and sole proprietors, a $344 billion SMB software spend, and $135 trillion in B2B payment volume[21] Financial Performance - The company's trailing 12 months revenue is $15 billion[47] - The company's core revenue year-over-year growth is 14%[47] - The company's non-GAAP gross margin is 84%[15,47] - 86% of core revenue is derived from existing customers[48]