BILL Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 28, 2025.
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FY2025 · Filed Aug 28, 2025
BILL$53.81+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share amounts)
| June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,038,346 | $985,941 |
| Short-term investments | 1,180,110 | 601,535 |
| Accounts receivable, net | 32,341 | 28,049 |
| Acquired card receivables, net of allowances of $15,020 and $20,883 as of June 30, 2025 and 2024, respectively | 685,108 | 697,216 |
| Prepaid expenses and other current assets | 258,418 | 297,169 |
| Funds held for customers | 4,044,470 | 3,704,907 |
| Total current assets | 7,238,793 | 6,314,817 |
| Non-current assets: | ||
| Operating lease right-of-use assets, net | 56,086 | 59,414 |
| Property and equipment, net | 116,611 | 88,034 |
| Intangible assets, net | 222,805 | 281,471 |
| Goodwill | 2,396,509 | 2,396,509 |
| Other assets | 33,178 | 38,568 |
| Total assets | $10,063,982 | $9,178,813 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $16,293 | $7,447 |
| Accrued compensation and benefits | 39,581 | 34,158 |
| Deferred revenue | 22,435 | 17,006 |
| Other accruals and current liabilities | 252,455 | 299,506 |
| Borrowings from credit facilities, net | 180,005 | — |
| Convertible senior notes, net | 33,421 | — |
| Customer fund deposits | 4,044,470 | 3,704,907 |
| Total current liabilities | 4,588,660 | 4,063,024 |
| Non-current liabilities: | ||
| Deferred revenue | 285 | 4,167 |
| Operating lease liabilities | 58,372 | 62,847 |
| Borrowings from credit facilities, net | — | 180,009 |
| Convertible senior notes, net | 1,501,044 | 733,991 |
| Other long-term liabilities | 1,581 | 574 |
| Total liabilities | 6,149,942 | 5,044,612 |
| Commitments and contingencies (Note 14) | ||
| Stockholders' equity: | ||
| Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding | — | — |
| Common stock; $0.00001 par value per share; 500,000 shares authorized; 103,012 and 106,646 shares issued and outstanding at June 30, 2025 and 2024, respectively | 2 | 2 |
| Additional paid-in capital | 5,414,645 | 5,233,037 |
| Accumulated other comprehensive income (loss) | 10,197 | (1,890) |
| Accumulated deficit | (1,510,804) | (1,096,948) |
| Total stockholders' equity | 3,914,040 | 4,134,201 |
| Total liabilities and stockholders' equity | $10,063,982 | $9,178,813 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.