BILL Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.46B | $1.29B | $1.06B | $642.0M | $238.3M | $157.6M | $108.4M |
| Cost of Revenue | $315.3M | $272.1M | $234.6M | $194.0M | $145.0M | $61.8M | $39.1M | $29.9M |
| Gross Profit | $1.34B | $1.19B | $1.06B | $864.5M | $497.0M | $176.5M | $118.5M | $78.4M |
| Gross Margin | 80.9% | 81.4% | 81.8% | 81.7% | 77.4% | 74.1% | 75.2% | 72.4% |
| Operating Expenses | ||||||||
| Research & Development | $300.6M | $340.1M | $336.8M | $314.6M | $219.8M | $89.5M | $53.0M | $28.9M |
| SG&A Expense | $299.4M | $281.9M | $277.7M | $249.1M | $221.0M | $128.1M | $53.5M | $29.2M |
| Operating Income | $-73.4M | $-80.6M | $-174.2M | $-295.8M | $-316.8M | $-114.0M | $-34.2M | $-9.8M |
| Operating Margin | -4.4% | -5.5% | -13.5% | -27.9% | -49.4% | -47.8% | -21.7% | -9.0% |
| Interest Expense | — | — | — | $15.2M | $9.4M | $28.2M | $229.0K | $825.0K |
| Pretax Income | $-10.1M | $30.4M | $-26.3M | $-222.9M | $-330.7M | $-139.3M | $-31.0M | $-7.5M |
| Income Tax Expense | $1.1M | $6.6M | $2.6M | $808.0K | $-4.3M | $-40.6M | $53.0K | $-156.0K |
| Net Income | $-11.2M | $23.8M | $-28.9M | $-223.7M | $-326.4M | $-98.7M | $-31.1M | $-7.3M |
| Net Margin | -0.7% | 1.6% | -2.2% | -21.1% | -50.8% | -41.4% | -19.7% | -6.8% |
| EPS (Basic) | $-0.11 | $0.23 | $-0.27 | $-2.11 | $-3.21 | $-1.19 | $-0.70 | $-0.94 |
| EPS (Diluted) | $-0.11 | $-0.07 | $-0.27 | $-2.11 | $-3.21 | $-1.19 | $-0.70 | $-0.94 |
| Shares Outstanding (Basic) | 99.9M | 103.6M | 106.1M | 106.0M | 101.8M | 82.8M | 44.1M | — |
| Shares Outstanding (Diluted) | 99.9M | 103.9M | 106.1M | 106.0M | 101.8M | 82.8M | 44.1M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |