How many shares did BILL repurchase in Q4 2026 and at what price?

BILL repurchased approximately 8.4 million shares in the fourth quarter for a total cost of approximately $300 million, representing an average price of about $35.71 per share. This Q4 execution was the largest single-quarter repurchase activity of the fiscal year.

What was the total buyback activity for full-year fiscal 2026?

BILL repurchased shares totaling $560.5 million in cash during fiscal year 2026, reducing the weighted-average basic share count from 103.2 million shares in fiscal 2025 to 99.9 million shares in fiscal 2026, or approximately a 3.4% year-over-year reduction in share count.

Does the filing announce a new or expanded share repurchase authorization?

No. The filing describes execution activity only and does not announce any new authorization or expansion of an existing program. The remaining authorization amount under the current program is not disclosed in this earnings release.

How does the buyback impact BILL's earnings per share?

The share count reduction contributed to higher non-GAAP net income per diluted share of $2.77 in fiscal 2026 compared to $2.21 in fiscal 2025. However, the company noted that future repurchase impacts on per-share metrics are not reasonably estimable, indicating uncertainty around timing and magnitude of future buyback activity.

What execution mechanism was used for these repurchases?

The filing indicates the repurchases were executed as open-market purchases, consistent with Rule 10b-18 safe-harbor provisions. No accelerated share repurchase agreements, tender offers, or other specialized mechanisms were disclosed.

Why did BILL conduct buybacks while posting a GAAP net loss?

Although BILL reported a GAAP net loss of $11.2 million for fiscal 2026, the company generated $415.8 million in operating cash flow and reported non-GAAP net income of $314.8 million. The strong underlying cash generation and profitability on an adjusted basis supported management's decision to return capital via share repurchases.

BILL 8-K Filed 2026-08-19 Execution disclosure

BILL repurchased 8.4M shares for $300M in Q4 fiscal 2026

Company executed $560.5M in total share repurchases during fiscal year 2026 under existing authorization program

Shares repurchased8.4M

Avg price paid$35.71

MechanismRule 10b-18 open-market purcha

What the filing says

BILL Holdings, Inc. repurchased approximately 8.4 million shares of common stock in the fourth quarter of fiscal 2026 for a total cost of approximately $300 million, according to the company's earnings release filed as an exhibit to an 8-K on August 19, 2026. This brings the full-year fiscal 2026 repurchase activity to $560.5 million in total share purchases, as reflected in the consolidated statements of cash flows.

The repurchases were executed under an existing share repurchase program, with the filing indicating execution through open-market purchases. The company's weighted-average basic share count declined from 103.2 million shares in fiscal 2025 to 99.9 million shares in fiscal 2026, reflecting the impact of the buyback activity over the period. The cash flow statement shows repurchase activity occurred throughout the fiscal year, with Q4 representing the largest single quarterly execution at approximately $288 million in cash outflow.

The filing does not disclose remaining authorization under the repurchase program or announce any new authorization. The company noted in forward-looking guidance that "the impact of such repurchases on a per diluted share basis is not reasonably estimable," indicating continued optionality regarding future buyback execution.

Repurchased approximately 8.4 million shares of BILL common stock in the fourth quarter for a total cost of approximately $300 million. — BILL Holdings, Inc. 8-K filing · View on SEC EDGAR →

What this means

BILL's Q4 share repurchase of 8.4 million shares at an average price of approximately $35.71 represents execution of an ongoing capital allocation strategy during a period of strong operational performance. Full-year fiscal 2026 buybacks totaled $560.5 million, reducing share count by roughly 3.7% year-over-year and contributing to higher non-GAAP earnings per diluted share of $2.77 versus $2.21 in the prior year. The buybacks occurred despite the company posting a GAAP net loss for the year, though non-GAAP profitability remained strong at $314.8 million. The execution demonstrates management confidence in the business trajectory while generating cash flows of $415.8 million from operations in fiscal 2026.

Frequently asked questions

How many shares did BILL repurchase in Q4 2026 and at what price?: BILL repurchased approximately 8.4 million shares in the fourth quarter for a total cost of approximately $300 million, representing an average price of about $35.71 per share. This Q4 execution was the largest single-quarter repurchase activity of the fiscal year.
What was the total buyback activity for full-year fiscal 2026?: BILL repurchased shares totaling $560.5 million in cash during fiscal year 2026, reducing the weighted-average basic share count from 103.2 million shares in fiscal 2025 to 99.9 million shares in fiscal 2026, or approximately a 3.4% year-over-year reduction in share count.
Does the filing announce a new or expanded share repurchase authorization?: No. The filing describes execution activity only and does not announce any new authorization or expansion of an existing program. The remaining authorization amount under the current program is not disclosed in this earnings release.
How does the buyback impact BILL's earnings per share?: The share count reduction contributed to higher non-GAAP net income per diluted share of $2.77 in fiscal 2026 compared to $2.21 in fiscal 2025. However, the company noted that future repurchase impacts on per-share metrics are not reasonably estimable, indicating uncertainty around timing and magnitude of future buyback activity.
What execution mechanism was used for these repurchases?: The filing indicates the repurchases were executed as open-market purchases, consistent with Rule 10b-18 safe-harbor provisions. No accelerated share repurchase agreements, tender offers, or other specialized mechanisms were disclosed.
Why did BILL conduct buybacks while posting a GAAP net loss?: Although BILL reported a GAAP net loss of $11.2 million for fiscal 2026, the company generated $415.8 million in operating cash flow and reported non-GAAP net income of $314.8 million. The strong underlying cash generation and profitability on an adjusted basis supported management's decision to return capital via share repurchases.

execution q4-2026 open-market-buyback share-count-reduction saas fintech

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.