
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the finance and hr software industry, including BILL (NYSE: BILL) and its peers.
Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software.
The 11 finance and HR software stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was in line.
In light of this news, share prices of the companies have held steady as they are up 4.4% on average since the latest earnings results.
BILL (NYSE: BILL)
Transforming the messy back-office financial operations that plague small business owners, BILL (NYSE: BILL) provides a cloud-based platform that automates accounts payable, accounts receivable, and expense management for small and midsize businesses.
BILL reported revenues of $414.7 million, up 14.4% year on year. This print exceeded analysts’ expectations by 3.7%. Overall, it was an exceptional quarter for the company with EPS guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.

Interestingly, the stock is up 22.6% since reporting and currently trades at $43.74.
Is now the time to buy BILL? Access our full analysis of the earnings results here, it’s free.
Best Q4: Flywire (NASDAQ: FLYW)
Initially created to solve the challenges of international student tuition payments, Flywire (NASDAQ: FLYW) provides specialized payment processing and software solutions that help educational institutions, healthcare systems, travel companies, and businesses manage complex payments.
Flywire reported revenues of $152.7 million, up 35.4% year on year, outperforming analysts’ expectations by 5.9%. The business had an exceptional quarter with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ revenue estimates.

Flywire delivered the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 17.8% since reporting. It currently trades at $13.25.
Is now the time to buy Flywire? Access our full analysis of the earnings results here, it’s free.
Weakest Q4: Paycom (NYSE: PAYC)
Pioneering the concept of employees doing their own payroll with its "Beti" technology, Paycom (NYSE: PAYC) provides cloud-based human capital management software that helps businesses manage the entire employment lifecycle from recruitment to retirement.
Paycom reported revenues of $544.3 million, up 10.2% year on year, in line with analysts’ expectations. It was a slower quarter as it posted full-year revenue guidance missing analysts’ expectations significantly and full-year guidance of slowing revenue growth.
Interestingly, the stock is up 10.4% since the results and currently trades at $131.08.
Read our full analysis of Paycom’s results here.
BlackLine (NASDAQ: BL)
Born from the vision to eliminate tedious manual spreadsheet work for accountants, BlackLine (NASDAQ: BL) provides cloud-based software that automates and streamlines financial close, intercompany accounting, and invoice-to-cash processes for accounting departments.
BlackLine reported revenues of $183.2 million, up 8.1% year on year. This result was in line with analysts’ expectations. Aside from that, it was a satisfactory quarter as it also produced full-year EPS guidance exceeding analysts’ expectations but EPS guidance for next quarter missing analysts’ expectations significantly.
BlackLine had the weakest performance against analyst estimates and slowest revenue growth among its peers. The company lost 30 customers and ended up with a total of 4,394. The stock is down 18% since reporting and currently trades at $36.36.
Read our full, actionable report on BlackLine here, it’s free.
Marqeta (NASDAQ: MQ)
Powering the cards behind innovative fintech services like Block's Cash App, Marqeta (NASDAQ: MQ) provides a cloud-based platform that allows businesses to create customized payment card programs and process card transactions.
Marqeta reported revenues of $172.1 million, up 26.7% year on year. This print surpassed analysts’ expectations by 3%. Overall, it was a strong quarter as it also recorded an impressive beat of analysts’ EBITDA estimates and a decent beat of analysts’ revenue estimates.
The stock is down 3.8% since reporting and currently trades at $4.00.
Read our full, actionable report on Marqeta here, it’s free.
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