BILL Holdings, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-11.2M | $23.8M | $-28.9M | $-223.7M | $-326.4M | $-98.7M | $-31.1M | $-7.3M |
| Depreciation & Amortization | $55.9M | $27.5M | $23.2M | $15.5M | $11.5M | $4.9M | $1.1M | $3.2M |
| Depreciation | $22.0M | $13.0M | $13.8M | $11.3M | $9.2M | $5.4M | $4.3M | — |
| Amortization | $60.7M | $61.9M | $80.0M | $80.2M | $76.0M | $5.7M | $0 | — |
| Stock-Based Compensation | $229.8M | $242.5M | $248.4M | $313.6M | $197.2M | $68.3M | $18.1M | $4.1M |
| Net Cash from Operating Activities | $415.8M | $350.6M | $278.8M | $187.8M | $-18.1M | $4.6M | $-4.4M | $-3.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.3M | $4.3M | $976.0K | $7.6M | $5.4M | $18.9M | $11.4M | $2.7M |
| Business Acquisitions | — | $0 | $0 | $28.9M | $144.3M | $556.1M | $0 | — |
| Net Cash from Investing Activities | $-28.6M | $-817.4M | $-409.4M | $259.3M | $-1.13B | $-1.43B | $-249.5M | $-96.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $560.5M | $430.0M | $211.9M | $87.6M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-172.8M | $666.5M | $-742.6M | $235.1M | $2.88B | $1.64B | $863.1M | $491.7M |
| Net Change in Cash | $214.3M | $199.5M | $-873.4M | $682.1M | $1.73B | $217.3M | $609.2M | — |
| Free Cash Flow | $412.5M | $346.3M | $277.8M | $180.2M | $-23.5M | $-14.3M | $-15.9M | $-6.7M |