Bill Holdings (BILL)

NYSE Information Technology Application Software S&P MidCap 400

$52.41

+1.52 (+2.99%)

Close of Nov 06, 2026 · end-of-day data

Source: Bill Holdings's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$64.86M	$108.35M	$157.60M	$238.26M	$641.96M	$1.06B	$1.29B	$1.46B	$1.65B
Cost of revenue	$19.37M	$29.92M	$39.14M	$61.81M	$145.00M	$193.98M	$234.62M	$272.10M	$315.30M
Gross profit	$45.49M	$78.43M	$118.46M	$176.46M	$496.95M	$864.49M	$1.06B	$1.19B	$1.34B
Research & development	$17.99M	$28.92M	$53.00M	$89.50M	$219.82M	$314.63M	$336.75M	$340.06M	$300.57M
Operating income	-$7.82M	-$9.80M	-$34.20M	-$113.97M	-$316.82M	-$295.77M	-$174.16M	-$80.60M	-$73.45M
Interest expense	$427.00K	$825.00K	$229.00K	$28.16M	$9.42M	$15.20M	$19.18M	—	—
Pre-tax income	-$7.18M	-$7.47M	-$31.04M	-$139.34M	-$330.68M	-$222.92M	-$26.32M	$30.41M	-$10.13M
Income tax	$10.00K	-$156.00K	$53.00K	-$40.62M	-$4.32M	$808.00K	$2.56M	$6.61M	$1.11M
Net income	-$7.20M	-$7.31M	-$31.09M	-$98.72M	-$326.36M	-$223.72M	-$28.88M	$23.80M	-$11.24M
EBITDA	-$5.50M	-$6.65M	-$33.06M	-$109.09M	-$305.32M	-$280.27M	-$150.96M	-$53.10M	-$17.55M
EPS (basic)	$-1.01	$-0.94	$-0.70	$-1.19	$-3.21	$-2.11	$-0.27	$0.23	$-0.11
EPS (diluted)	$-1.01	$-0.94	$-0.70	$-1.19	$-3.21	$-2.11	$-0.27	$-0.07	$-0.11
Diluted shares	7.16M	7.80M	44.11M	82.81M	101.75M	105.98M	106.10M	103.91M	99.92M
Gross margin	70.1%	72.4%	75.2%	74.1%	77.4%	81.7%	81.8%	81.4%	80.9%
Operating margin	-12.1%	-9.0%	-21.7%	-47.8%	-49.4%	-27.9%	-13.5%	-5.5%	-4.4%
Net margin	-11.1%	-6.8%	-19.7%	-41.4%	-50.8%	-21.1%	-2.2%	1.6%	-0.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$22.40M	$90.31M	$573.64M	$509.62M	$1.60B	$1.62B	$985.94M	$1.04B	$1.03B
Short-term investments	—	$71.97M	$123.97M	$655.31M	$1.11B	$1.04B	$601.53M	$1.18B	$906.46M
Receivables	—	$4.40M	$4.25M	$18.22M	$24.05M	$28.23M	$28.05M	$32.34M	$31.00M
Total current assets	—	$1.51B	$2.38B	$3.61B	$6.28B	$6.67B	$6.31B	$7.24B	$7.44B
Goodwill	—	—	$0	$1.77B	$2.36B	$2.40B	$2.40B	$2.40B	$2.40B
Total assets	—	$1.53B	$2.40B	$5.97B	$9.26B	$9.64B	$9.18B	$10.06B	$10.22B
Total current liabilities	—	$1.35B	$1.68B	$2.33B	$3.41B	$3.75B	$4.06B	$4.59B	$4.92B
Long-term debt	—	—	—	$989.38M	$1.77B	$1.84B	$914.00M	$1.71B	$1.84B
Total debt	—	—	—	$989.38M	$1.77B	$1.84B	$914.00M	$1.71B	$1.84B
Total liabilities	—	$1.35B	$1.69B	$3.44B	$5.21B	$5.55B	$5.04B	$6.15B	$6.69B
Shareholders' equity	-$101.90M	-$102.66M	$710.72M	$2.53B	$4.04B	$4.09B	$4.13B	$3.91B	$3.53B

Cash flow

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	-$8.36M	-$3.95M	-$4.43M	$4.62M	-$18.09M	$187.77M	$278.77M	$350.64M	$415.83M
Capital expenditures	$1.31M	$2.74M	$11.44M	$18.90M	$5.38M	$7.59M	$976.00K	$4.33M	$3.33M
Free cash flow	-$9.67M	-$6.69M	-$15.87M	-$14.28M	-$23.47M	$180.18M	$277.80M	$346.31M	$412.50M
Investing cash flow	-$417.82M	-$96.11M	-$249.49M	-$1.43B	-$1.13B	$259.29M	-$409.37M	-$817.39M	-$28.60M
Financing cash flow	$326.28M	$491.65M	$863.13M	$1.64B	$2.88B	$235.11M	-$742.60M	$666.52M	-$172.84M
Share buybacks	—	—	—	$0	$0	$87.61M	$211.90M	$430.00M	$560.49M
Stock-based compensation	$1.54M	$4.08M	$18.06M	$68.29M	$197.16M	$313.57M	$248.38M	$242.53M	$229.78M
Depreciation & amortization	$2.31M	$3.15M	$1.14M	$4.87M	$11.50M	$15.50M	$23.20M	$27.50M	$55.90M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$318.50M	$323.03M	$343.66M	$358.45M	$362.55M	$358.22M	$383.35M	$314.45M	$414.67M	$406.56M	$436.19M	$353.77M
Cost of revenue	$58.38M	$55.01M	$65.20M	$64.70M	$66.61M	$67.21M	$73.59M	$77.00M	$83.59M	$74.71M	$80.00M	$81.65M
Gross profit	$260.12M	$268.02M	$278.46M	$293.75M	$295.95M	$291.00M	$309.76M	$237.45M	$331.08M	$331.86M	$356.19M	$272.12M
Research & development	$86.49M	$81.59M	$79.61M	$78.69M	$84.78M	$86.54M	$90.05M	$80.29M	$82.81M	$74.39M	$63.09M	$50.52M
Operating income	-$67.67M	-$27.62M	-$22.22M	-$7.70M	-$21.71M	-$28.95M	-$22.25M	-$20.72M	-$18.08M	-$399.00K	-$34.25M	$51.16M
Pre-tax income	-$38.76M	$32.18M	$7.59M	$10.18M	$33.59M	-$10.30M	-$3.07M	-$2.81M	-$2.07M	$14.78M	-$20.03M	$61.49M
Income tax	$1.67M	$370.00K	$0	$1.27M	$45.00K	$1.29M	$4.00M	$149.00K	$522.00K	$1.99M	-$1.55M	$1.24M
Net income	-$40.42M	$31.81M	$7.59M	$8.91M	$33.55M	-$11.59M	-$7.07M	-$2.96M	-$2.59M	$12.79M	-$18.48M	$60.25M
EBITDA	-$55.35M	-$15.36M	-$10.55M	$1.31M	-$13.85M	-$21.09M	-$14.34M	-$12.65M	-$9.70M	$8.08M	-$26.01M	$59.43M
EPS (basic)	$-0.38	$0.30	$0.07	$0.08	$0.33	$-0.11	$-0.07	$-0.03	$-0.03	$0.13	$-0.18	$0.69
EPS (diluted)	$-0.38	$0.00	$0.07	$0.08	$-0.06	$-0.11	$0.02	$-0.03	$-0.03	$0.12	$-0.18	$0.61
Diluted shares	105.91M	111.18M	57.00K	107.32M	104.48M	102.22M	-227.00K	101.92M	100.53M	112.68M	-2.39M	100.97M
Gross margin	81.7%	83.0%	81.0%	82.0%	81.6%	81.2%	80.8%	75.5%	79.8%	81.6%	81.7%	76.9%
Operating margin	-21.2%	-8.6%	-6.5%	-2.1%	-6.0%	-8.1%	-5.8%	-6.6%	-4.4%	-0.1%	-7.9%	14.5%
Net margin	-12.7%	9.8%	2.2%	2.5%	9.3%	-3.2%	-1.8%	-0.9%	-0.6%	3.1%	-4.2%	17.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$1.58B	$952.47M	$985.94M	$853.47M	$1.57B	$1.05B	$1.04B	$1.10B	$1.09B	$994.67M	$1.03B	$915.48M
Short-term investments	$972.62M	$837.14M	$601.53M	$619.60M	$644.67M	$1.13B	$1.18B	$1.22B	$1.15B	$1.18B	$906.46M	$678.06M
Receivables	$26.65M	$29.89M	$28.05M	$31.93M	$28.91M	$26.66M	$32.34M	$32.11M	$41.16M	$32.14M	$31.00M	$30.59M
Total current assets	$6.96B	$6.23B	$6.31B	$6.20B	$6.84B	$6.80B	$7.24B	$7.33B	$7.33B	$7.28B	$7.44B	$6.95B
Goodwill	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B	$2.40B
Total assets	$9.87B	$9.12B	$9.18B	$9.05B	$9.67B	$9.63B	$10.06B	$10.15B	$10.13B	$10.08B	$10.22B	$9.69B
Total current liabilities	$4.12B	$3.83B	$4.06B	$4.06B	$4.12B	$4.02B	$4.59B	$4.38B	$4.43B	$4.39B	$4.92B	$4.63B
Long-term debt	$1.84B	$1.15B	$914.00M	$914.82M	$1.68B	$1.68B	$1.71B	$1.87B	$1.83B	$1.83B	$1.84B	$1.84B
Total debt	$1.84B	$1.15B	$914.00M	$914.82M	$1.68B	$1.68B	$1.71B	$1.87B	$1.83B	$1.83B	$1.84B	$1.84B
Total liabilities	$5.92B	$5.06B	$5.04B	$5.03B	$5.86B	$5.76B	$6.15B	$6.27B	$6.32B	$6.28B	$6.69B	$6.39B
Shareholders' equity	$3.95B	$4.06B	$4.13B	$4.01B	$3.81B	$3.87B	$3.91B	$3.88B	$3.81B	$3.80B	$3.53B	$3.30B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$79.68M	$66.81M	$78.62M	$88.58M	$78.72M	$99.53M	$83.82M	$96.86M	$105.32M	$102.67M	$110.99M	$96.81M
Capital expenditures	$352.00K	$16.00K	$205.00K	$17.00K	$382.00K	$1.15M	$2.79M	$1.30M	$1.49M	$168.00K	$375.00K	$80.00K
Free cash flow	$79.33M	$66.79M	$78.42M	$88.56M	$78.33M	$98.38M	$81.03M	$95.56M	$103.83M	$102.51M	$110.61M	$96.73M
Investing cash flow	-$50.18M	-$617.98M	-$42.99M	-$139.54M	$9.84M	-$644.11M	-$43.59M	-$108.72M	$136.57M	-$300.99M	$244.54M	$142.40M
Financing cash flow	$190.72M	-$801.22M	-$20.20M	-$105.15M	$537.63M	-$105.57M	$339.62M	$1.10M	-$113.02M	-$109.56M	$48.64M	-$550.74M
Share buybacks	$199.84M	$0	$0	$200.00M	$200.00M	$0	$30.00M	$83.14M	$132.65M	$56.86M	$287.83M	$312.16M
Stock-based compensation	$65.50M	$59.39M	$58.34M	$54.66M	$65.88M	$62.23M	$59.76M	$58.80M	$64.26M	$53.94M	$52.78M	$40.73M
Depreciation & amortization	$12.32M	$12.26M	$11.67M	$9.01M	$7.86M	$7.86M	$7.91M	$8.07M	$8.38M	$8.48M	$8.24M	$8.27M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.