BILL HOLDINGS, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:28:21Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 346.31M | 277.80M | 180.18M | -23.47M | -14.28M | -15.87M |
| EBITDA | -53.10M | -150.96M | -280.27M | -305.32M | -109.09M | -33.06M |
| Working Capital | 2.65B | 2.25B | 2.92B | 2.87B | 1.28B | 702.60M |
| Net Debt | 747.40M | 3.90M | 309.31M | 271.41M | 577.17M | — |
| Gross Margin | 81.40% | 81.82% | 81.67% | 77.41% | 74.06% | 75.16% |
| Operating Margin | -5.51% | -13.50% | -27.94% | -49.35% | -47.83% | -21.70% |
| Net Margin | 1.63% | -2.24% | -21.14% | -50.84% | -41.43% | -19.73% |
| Return on Equity (ROE) | 0.61% | -0.70% | -5.48% | -8.07% | -3.90% | -4.37% |
| Return on Assets (ROA) | 0.24% | -0.31% | -2.32% | -3.53% | -1.65% | -1.29% |
| Current Ratio | 1.58× | 1.55× | 1.78× | 1.84× | 1.55× | 1.42× |
| Debt-to-Equity | 0.46× | 0.24× | 0.47× | 0.46× | 0.43× | — |
| Effective Tax Rate | 21.74% | -9.72% | -0.36% | 1.31% | 29.15% | -0.17% |
| Cash Conversion Ratio | 14.73× | -9.65× | -0.84× | 0.06× | -0.05× | 0.14× |
| Accruals Ratio | -0.03× | -0.03× | -0.04× | -0.03× | -0.02× | -0.01× |
| SBC % of Revenue | 16.58% | 19.25% | 29.62% | 30.71% | 28.66% | 11.46% |
| CapEx Coverage | 80.89× | 285.63× | 24.74× | -3.36× | 0.24× | -0.39× |
| Free Cash Flow Per Share | $3.33 | $2.62 | $1.70 | $-0.23 | $-0.17 | $-0.36 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.46B | 1.29B | 1.06B | 641.96M | 238.26M | 157.60M |
| Cost of Goods and Services Sold | 272.10M | 234.62M | 193.98M | 145.00M | 61.81M | 39.14M |
| Gross Profit | 1.19B | 1.06B | 864.49M | 496.95M | 176.46M | 118.46M |
| Research and Development Expense | 340.06M | 336.75M | 314.63M | 219.82M | 89.50M | 53.00M |
| Operating Expenses | 1.27B | 1.23B | 1.16B | 813.77M | 290.43M | 152.65M |
| Operating Income (Loss) | -80.60M | -174.16M | -295.77M | -316.82M | -113.97M | -34.20M |
| Income Tax Expense (Benefit) | 6.61M | 2.56M | 808.00K | -4.32M | -40.62M | 53.00K |
| Net Income (Loss) Attributable to Parent | 23.80M | -28.88M | -223.72M | -326.36M | -98.72M | -31.09M |
| Earnings Per Share, Basic | $0.23 | $-0.27 | $-2.11 | $-3.21 | $-1.19 | $-0.70 |
| Weighted Average Number of Shares Outstanding, Basic | 103.57M | 106.10M | 105.98M | 101.75M | 82.81M | 44.11M |
| Earnings Per Share, Diluted | $-0.07 | $-0.27 | $-2.11 | $-3.21 | $-1.19 | $-0.70 |
| Weighted Average Number of Shares Outstanding, Diluted | 103.91M | 106.10M | 105.98M | 101.75M | 82.81M | 44.11M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.04B | 985.94M | 1.62B | 1.60B | 509.62M | 573.64M |
| Assets, Current | 7.24B | 6.31B | 6.67B | 6.28B | 3.61B | 2.38B |
| Assets | 10.06B | 9.18B | 9.64B | 9.26B | 5.97B | 2.40B |
| Long-term Debt | 1.71B | 914.00M | 1.84B | 1.77B | 989.38M | — |
| Liabilities, Current | 4.59B | 4.06B | 3.75B | 3.41B | 2.33B | 1.68B |
| Liabilities | 6.15B | 5.04B | 5.55B | 5.21B | 3.44B | 1.69B |
| Stockholders' Equity Attributable to Parent | 3.91B | 4.13B | 4.09B | 4.04B | 2.53B | 710.72M |
| Common Stock, Shares, Outstanding | 103.01M | 106.65M | 106.55M | 104.73M | 94.50M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 350.64M | 278.77M | 187.77M | -18.09M | 4.62M | -4.43M |
| Payments to Acquire Property, Plant, and Equipment | 4.33M | 976.00K | 7.59M | 5.38M | 18.90M | 11.44M |
| Net Cash Provided by (Used in) Investing Activities | -817.39M | -409.37M | 259.29M | -1.13B | -1.43B | -249.49M |
| Payments for Repurchase of Common Stock | 430.00M | 211.90M | 87.61M | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | 666.52M | -742.60M | 235.11M | 2.88B | 1.64B | 863.13M |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 301.89M | 199.38M | 95.56M | 81.03M | 265.28M | 166.90M |
| EBITDA | 8.08M | -9.70M | -12.65M | -14.34M | -21.09M | -13.85M |
| Working Capital | 2.90B | 2.90B | 2.95B | 2.65B | 2.79B | 2.72B |
| Net Debt | 891.18M | 792.56M | 822.09M | 747.40M | 692.74M | 175.63M |
| Gross Margin | 81.62% | 79.84% | 80.54% | 80.80% | 81.24% | 81.63% |
| Operating Margin | -0.10% | -4.36% | -5.24% | -5.80% | -8.08% | -5.99% |
| Net Margin | 3.14% | -0.62% | -0.75% | -1.84% | -3.24% | 9.25% |
| Return on Equity (ROE) | 0.34% | -0.07% | -0.08% | -0.18% | -0.30% | 0.88% |
| Return on Assets (ROA) | 0.13% | -0.03% | -0.03% | -0.07% | -0.12% | 0.35% |
| Current Ratio | 1.66× | 1.65× | 1.67× | 1.58× | 1.69× | 1.66× |
| Debt-to-Equity | 0.50× | 0.50× | 0.49× | 0.46× | 0.45× | 0.46× |
| Effective Tax Rate | 13.46% | -25.27% | -5.30% | -130.51% | -12.56% | 0.13% |
| Cash Conversion Ratio | 23.84× | -78.12× | -32.70× | -11.85× | -23.02× | 4.99× |
| Accruals Ratio | -0.03× | -0.02× | -0.01× | -0.01× | -0.03× | -0.01× |
| SBC % of Revenue | 43.54% | 29.68% | 14.86% | 15.59% | 51.02% | 33.25% |
| CapEx Coverage | 103.02× | 72.44× | 74.56× | 30.05× | 172.59× | 419.29× |
| Free Cash Flow Per Share | $2.68 | $1.98 | $0.94 | $0.78 | $2.60 | $1.60 |
Valuation Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 478.75× | — | — | — | — | 941.22× |
| P/S | 2.38× | 3.48× | 3.54× | 3.26× | 3.32× | 6.22× |
| P/B | 1.00× | 1.42× | 1.37× | 1.22× | 1.22× | 2.27× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 406.56M | 414.67M | 395.74M | 383.35M | 358.22M | 362.55M |
| Cost of Goods and Services Sold | 74.71M | 83.59M | 77.00M | 73.59M | 67.21M | 66.61M |
| Gross Profit | 331.86M | 331.08M | 318.74M | 309.76M | 291.00M | 295.95M |
| Research and Development Expense | 74.39M | 82.81M | 80.29M | 90.05M | 86.54M | 84.78M |
| Operating Expenses | 332.25M | 349.16M | 339.46M | 332.01M | 319.95M | 317.66M |
| Operating Income (Loss) | -399.00K | -18.08M | -20.72M | -22.25M | -28.95M | -21.71M |
| Income Tax Expense (Benefit) | 1.99M | 522.00K | 149.00K | 4.00M | 1.29M | 45.00K |
| Net Income (Loss) Attributable to Parent | 12.79M | -2.59M | -2.96M | -7.07M | -11.59M | 33.55M |
| Earnings Per Share, Basic | $0.13 | $-0.03 | $-0.03 | $-0.07 | $-0.11 | $0.33 |
| Weighted Average Number of Shares Outstanding, Basic | 99.28M | 100.53M | 101.92M | 103.57M | 102.22M | 103.10M |
| Earnings Per Share, Diluted | $0.12 | $-0.03 | $-0.03 | $0.02 | $-0.11 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 112.68M | 100.53M | 101.92M | 103.91M | 102.22M | 104.48M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 994.67M | 1.09B | 1.10B | 1.04B | 1.05B | 1.57B |
| Assets, Current | 7.28B | 7.33B | 7.33B | 7.24B | 6.80B | 6.84B |
| Assets | 10.08B | 10.13B | 10.15B | 10.06B | 9.63B | 9.67B |
| Long-term Debt | 1.83B | 1.83B | 1.87B | 1.71B | 1.68B | 1.68B |
| Liabilities, Current | 4.39B | 4.43B | 4.38B | 4.59B | 4.02B | 4.12B |
| Liabilities | 6.28B | 6.32B | 6.27B | 6.15B | 5.76B | 5.86B |
| Stockholders' Equity Attributable to Parent | 3.80B | 3.81B | 3.88B | 3.91B | 3.87B | 3.81B |
| Common Stock, Shares, Outstanding | — | — | — | 103.01M | — | — |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 304.85M | 202.17M | 96.86M | 83.82M | 266.83M | 167.30M |
| Payments to Acquire Property, Plant, and Equipment | 2.96M | 2.79M | 1.30M | 2.79M | 1.55M | 399.00K |
| Net Cash Provided by (Used in) Investing Activities | -273.13M | 27.85M | -108.72M | -43.59M | -773.80M | -129.70M |
| Payments for Repurchase of Common Stock | 272.66M | 215.80M | 83.14M | 30.00M | 400.00M | 400.00M |
| Net Cash Provided by (Used in) Financing Activities | -221.48M | -111.92M | 1.10M | 339.62M | 326.90M | 432.48M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BILL CIK 0001786352),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.