New York, Feb 8, 2026, 08:55 EST — Market closed.
- BILL ended Friday’s session at $48.94, jumping around 37% for the day.
- Hellman & Friedman has been in discussions for a potential buyout, Bloomberg reported.
- Investors are waiting on confirmation, with U.S. data set for release this week.
BILL Holdings Inc (BILL.N) rocketed 37% Friday, finishing the session at $48.94, after word broke via Bloomberg that Hellman & Friedman is eyeing a takeover of the business payments software firm. Shares touched an intraday peak of $52.32 before settling, putting BILL’s valuation near $5.5 billion by the close. 1
This shifts the spotlight back to takeover talk for BILL, a company that’s been under shareholder pressure and hit hard alongside other growth names. Back in November, Reuters said the San Jose, California company had started working with advisers on a possible sale after activists like Starboard Value and Elliott Investment Management jumped in and demanded changes. Newer competitors—Ramp, Brex, Tipalti—have only turned up the heat. 2
The surge follows solid quarterly numbers and an improved forecast. On Feb. 5, BILL reported a 14% jump in total revenue to $414.7 million for its fiscal second quarter, projecting fiscal 2026 revenue between $1.631 billion and $1.651 billion. CEO and founder René Lacerte called it “a significant beat on revenue and profitability,” while CFO Rohini Jain highlighted that the company “accelerated core revenue growth.” 3
BILL posted a 17% jump in “core revenue”—that’s subscription and transaction fees—reaching $375.1 million for the quarter. “Float revenue,” or interest from customer funds, landed at $39.5 million. The company counted 498,500 businesses on its platform at the end of the period, with payment volume at $95 billion. Share buybacks totaled about 2.5 million, costing BILL roughly $133 million for the quarter. 4
This week, investors got hit with a double whammy: stronger operating results, plus fresh talk of a take-private deal. According to Investing.com, citing Bloomberg, Hellman & Friedman has been in formal sale talks with BILL and its advisers over the past several weeks. 5
Still, plenty could derail things now. Buyout talks break down all the time, and BILL hasn’t confirmed anything yet. No deal news? That jump on Friday could vanish quickly—this is a stock that’s been whipsawed by news before.
U.S. markets are closed for the weekend. Now it comes down to whether the stock hangs onto its gap when trading kicks off Monday—and if anyone steps up with a fresh statement or filing that shifts the narrative.
Outside of the latest company updates, macro data is also on the radar for traders this week, with fresh numbers that could shake up rate outlooks—something that matters for high-growth software stocks and for how BILL’s interest-sensitive float revenue plays out. TradingEconomics pointed out that delayed U.S. jobs and CPI numbers remain major items to watch on the calendar. 6
