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 Statements of Operations
(In thousands, except per share amounts)
| Year endedJune 30, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | |||
| Subscription and transaction fees | $1,300,804 | $1,122,733 | $944,710 |
| Interest on funds held for customers | 161,766 | 167,439 | 113,758 |
| Total revenue | 1,462,570 | 1,290,172 | 1,058,468 |
| Cost of revenue | |||
| Service costs | 229,805 | 189,894 | 151,010 |
| Depreciation and amortization (1) | 42,298 | 44,722 | 42,967 |
| Total cost of revenue | 272,103 | 234,616 | 193,977 |
| Gross profit | 1,190,467 | 1,055,556 | 864,491 |
| Operating expenses | |||
| Research and development | 340,059 | 336,754 | 314,632 |
| Sales and marketing | 543,711 | 478,540 | 515,858 |
| General and administrative | 281,913 | 277,662 | 249,054 |
| Provision for expected credit losses | 72,749 | 60,105 | 32,224 |
| Depreciation and amortization (1) | 32,637 | 49,072 | 48,496 |
| Restructuring | — | 27,587 | — |
| Total operating expenses | 1,271,069 | 1,229,720 | 1,160,264 |
| Operating loss | (80,602) | (174,164) | (295,773) |
| Other income, net | 111,012 | 147,845 | 72,856 |
| Income (loss) before provision for income taxes | 30,410 | (26,319) | (222,917) |
| Provision for income taxes | 6,611 | 2,559 | 808 |
| Net income (loss) | $23,799 | $(28,878) | $(223,725) |
| Net income (loss) per share attributable to common stockholders: | |||
| Basic | $0.23 | $(0.27) | $(2.11) |
| Diluted | $(0.07) | $(0.27) | $(2.11) |
| Weighted-average number of common shares used to compute net income (loss) per share attributable to common stockholders: | |||
| Basic | 103,568 | 106,102 | 105,976 |
| Diluted | 103,912 | 106,102 | 105,976 |
(1)Depreciation and amortization do not include amortization of capitalized internal-use software costs paid in cash.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.