BILL Holdings, Inc. income statement
In fiscal 2026, BILL Holdings, Inc. reported revenue of $1.65bn, up 13.0% on the year before, operating income of −$73.4m (a -4.4% margin) and net income of −$11.2m, or −$0.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 108 | 158 | 238 | 642 | 1,058 | 1,290 | 1,463 | 1,653 |
| Cost of revenue | 19 | 30 | 39 | 62 | 145 | 194 | 235 | 272 | 315 |
| Gross profit | 45 | 78 | 118 | 176 | 497 | 864 | 1,056 | 1,190 | 1,338 |
| Research and development | 18 | 29 | 53 | 90 | 220 | 315 | 337 | 340 | 301 |
| Selling and marketing | 19 | 30 | 45 | 68 | 307 | 516 | 479 | 544 | 616 |
| General and administrative | 16 | 29 | 53 | 128 | 221 | 249 | 278 | 282 | 299 |
| Operating income | −8 | −10 | −34 | −114 | −317 | −296 | −174 | −81 | −73 |
| Interest expense | 0 | 1 | 0 | 28 | 9 | 15 | 19 | — | — |
| Net interest income | — | — | — | — | — | −8 | −13 | −14 | −19 |
| Provision for credit losses | — | — | — | — | — | — | 8 | 27 | 16 |
| Income before tax | −7 | −7 | −31 | −139 | −331 | −223 | −26 | 30 | −10 |
| Income tax | 0 | −0 | 0 | −41 | −4 | 1 | 3 | 7 | 1 |
| Net income | −7 | −7 | −31 | −99 | −326 | −224 | −29 | 24 | −11 |
| Diluted EPS | −$1.01 | −$0.94 | −$0.70 | −$1.19 | −$3.21 | −$2.11 | −$0.27 | −$0.07 | −$0.11 |
| Diluted shares (average) | 7m | 8m | 44m | 83m | 102m | 106m | 106m | 104m | 100m |
| EBITDA | −6 | −7 | −33 | −109 | −305 | −280 | −151 | −53 | −18 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 358 | 363 | 358 | 383 | 396 | 415 | 407 | 436 |
| Cost of revenue | 65 | 67 | 67 | 74 | 77 | 84 | 75 | 80 |
| Gross profit | 294 | 296 | 291 | 310 | 319 | 331 | 332 | 356 |
| Research and development | 79 | 85 | 87 | 90 | 80 | 83 | 74 | 63 |
| Selling and marketing | 126 | 133 | 137 | 148 | 149 | 155 | 153 | 158 |
| General and administrative | 67 | 71 | 74 | 70 | 77 | 79 | 72 | 71 |
| Operating income | −8 | −22 | −29 | −22 | −21 | −18 | −0 | −34 |
| Net interest income | −4 | −4 | −3 | −3 | −5 | −5 | −5 | −5 |
| Provision for credit losses | 5 | 11 | 6 | 5 | 4 | 3 | 6 | 3 |
| Income before tax | 10 | 34 | −10 | −3 | −3 | −2 | 15 | −20 |
| Income tax | 1 | 0 | 1 | 4 | 0 | 1 | 2 | −2 |
| Net income | 9 | 34 | −12 | −7 | −3 | −3 | 13 | −18 |
| Diluted EPS | $0.08 | −$0.06 | −$0.11 | $0.02 | −$0.03 | −$0.03 | $0.12 | −$0.18 |
| EBITDA | 1 | −14 | −21 | −19 | −13 | −10 | 8 | −3 |
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