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Confirmed

Cloud-Based Software

27 names are moving together; 56% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
BOXBox, Inc.Technology+1.6%Group member
QTWOQ2 Holdings, Inc.Technology+1.2%Group member
VERXVertex, Inc.Technology+2.1%Group member
GDDYGoDaddy Inc.Technology+0.1%Group member
BSYBentley Systems, IncorporatedTechnology+1.2%Group member
ACIWACI Worldwide, Inc.Technology+3.5%Group member
DBXDropbox, Inc.Technology+1.2%Group member
ADSKAutodesk, Inc.Technology+1.5%Group member
WKWorkiva Inc.Technology+1.4%Group member
BLKBBlackbaud, Inc.Technology+5.5%Group member
SPSCSPS Commerce, Inc.Technology+1.4%Group member
APPFAppFolio, Inc.Technology+0.2%Group member
BILLBILL Holdings, Inc.Technology+8.0%Most structurally connected
ALRMAlarm.com Holdings, Inc.Technology-0.0%Group member
BLBlackLine, Inc.Technology+1.1%Group member
GENGen Digital Inc.Technology-0.5%Group member
AVPTAvePoint, Inc.Technology+0.8%Group member
PEGAPegasystems Inc.Technology+1.9%Group member
ZSZscaler, Inc.Technology-2.5%Group member
FROGJFrog Ltd.Technology+0.0%Group member
FLUTFlutter Entertainment plcConsumer Cyclical+1.3%Group member
TRMBTrimble Inc.Technology+0.6%Group member
PTCPTC Inc.Technology+0.9%Group member
WAYWaystar Holding Corp.Healthcare+2.3%Group member

Why we believe this

Cohort

27 names

Participation

56% this session

Observed history

1 daily builds

Filing coverage

27/27 members

credit / rates affecting interest expense

Other income, net decreased by $42.7 million during the nine months ended March 31, 2026, as compared to the prior year period, primarily due to the following: • a $40.6 million decrease due to a gain on debt extinguishment recognized in prior year periods resulting from the partial repurchase of our 2025 Notes and 2027 Notes (each as defined in Liquidity and Capital Resources below); • a $5.4 million decrease due to interest expense from the new 2025 Credit Facility (as defined in Liquidity and Capital Resources below); partially offset by • a $4.0 million increase in interest income, primarily due to a higher average balance of corporate funds, partially offset by lower yield driven by the decrease in interest rates.

BILL 10-Q

product pipeline / R&D affecting expense

Research and Development Expenses Research and development expenses decreased by $12.2 million during the three months ended March 31, 2026 as compared to the prior year period, primarily due to: • a $10.9 million decrease due to a higher number of initiatives subject to capitalization of internal-use software costs; and • a $2.7 million decrease in personnel-related expense, including stock-based compensation expense, primarily driven by the decrease from our RIFs executed during the current fiscal year; partially offset by • a $1.1 million increase in other costs, primarily from higher software licenses and subscriptions and an increase in shared overhead.

BILL 10-Q

restructuring affecting expense

Restructuring, other exit costs, and facility reductions 30 (75) (71) % 105 The decrease is due to the restructuring plan initiated during the first quarter of fiscal 2026 which was substantially complete as of January 31, 2026.

ADSK 10-Q

Breadth and sponsorship may keep weakening, leaving the move isolated.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.