BILL Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 28, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 28, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. Exhibits, Financial Statement Schedules
(a)The following documents are filed as a part of this Annual Report on Form 10-K:
(1)Consolidated Financial Statements:
See “Index to Consolidated Financial Statements” in Part II, Item 8 of this Annual Report on Form 10-K.
(2)Financial Statement Schedules:
All financial statement schedules have been omitted as the information is not required under the related instructions or is not applicable or because the information required is already included in the financial statements or the notes to those financial statements.
(3)Exhibits
The documents set forth below are filed herewith or are incorporated herein by reference to the location indicated.
EXHIBITS
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Description · Form · File No. · Exhibit Number · Filing Date · FiledHerewith | |||||
| 2.1 | Agreement and Plan of Merger, dated May 6, 2021, between the Registrant, certain subsidiaries of the Registrant and DivvyPay, Inc., a Delaware corporation. | S-3/ASR | 333-256709 | 2.1 | 06/02/2021 |
| 2.2 | Agreement and Plan of Merger, dated July 16, 2021, between the Registrant and Invoice2go, Inc. | S-3/ASR | 333-259419 | 2.1 | 09/09/2021 |
| 3.1 | Restated Certificate of Incorporation, as amended. | 10-Q | 001-39149 | 3.1 | 02/07/2025 |
| 3.2 | Second Amended and Restated Bylaws. | 8-K | 001-39149 | 3.2 | 02/17/2023 |
| 4.1 | Form of Common Stock certificate. | S-1/A | 333-234730 | 4.1 | 12/2/2019 |
| 4.2 | Tenth Amended and Restated Investors’ Rights Agreement, dated December 21, 2018, by and among the Registrant and certain security holders of the Registrant, as amended. | S-1 | 333-234730 | 4.2 | 11/15/2019 |
| 4.3 | Description of Securities Registered Under Section 12 of the Exchange Act. | 10-K | 001-39149 | 4.3 | 08/29/2023 |
| 4.4 | Indenture, dated as of November 30, 2020, between the Registrant and Wells Fargo Bank, National Association (including the form of 0% convertible senior notes due 2025). | 8-K | 001-39149 | 4.1 | 11/30/2020 |
| 4.5 | Indenture, dated as of September 24, 2021, between the Registrant and Wells Fargo Bank, National Association (including the form of 0% convertible senior notes due 2027). | 10-K | 001-39149 | 4.5 | 08/29/2023 |
| 4.6 | Form of Warrant to Purchase Common Stock by and between the Registrant and CPA.com, Inc. | 10-K | 001-39149 | 19.1 | 08/23/2024 |
| 4.7 | Form of Warrant to Purchase Common Stock by and between the Registrant and JPMC Strategic Investments I Corporation. | 10-Q | 001-39149 | 4.1 | 02/09/2024 |
| 4.8 | Indenture, dated as of December 6, 2024, between the Registrant and Computershare Trust Company, N.A. (including the form of 0% convertible senior notes due 2030). | 8-K | 001-39149 | 4.1 | 12/06/2024 |
| 10.1† | Form of Indemnification Agreement. | S-1 | 333-234730 | 10.1 | 11/15/2019 |
| 10.2† | 2016 Equity Incentive Plan, as amended, and forms of equity agreements thereunder. | S-1 | 333-234730 | 10.3 | 11/15/2019 |
| 10.3† | 2019 Equity Incentive Plan, and forms of equity agreements thereunder. | 10-K | 001-39149 | 10.4 | 08/29/2023 |
| 10.4† | 2019 Employee Stock Purchase Plan, and forms of subscription agreement thereunder. | 10-K | 001-39149 | 10.5 | 08/29/2023 | |
| 10.5† | Form of Change in Control and Severance Agreement for executive officers. | S-1/A | 333-234730 | 10.6 | 12/2/2019 | |
| 10.6† | Offer Letter, by and between the Registrant and René Lacerte. | S-1/A | 333-234730 | 10.7 | 12/2/2019 | |
| 10.7† | Offer Letter, by and between the Registrant and John Rettig. | S-1/A | 333-234730 | 10.8 | 12/2/2019 | |
| 10.8† | Offer Letter, by and between the Registrant and Ken Moss. | X | ||||
| 10.9† | Offer Letter, by and between the Registrant and Mary Kay Bowman. | X | ||||
| 10.10† | Offer Letter, by and between the Registrant and Mike Cieri. | X | ||||
| 10.11† | Offer Letter, by and between the Registrant and Rohini Jain. | X | ||||
| 10.12 | Third Amendment to Office Lease, by and between the Registrant and US ER America Center 4, LLC. | 10-K | 001-39149 | 10.12 | 08/22/2022 | |
| 10.13 | Amendment No. 5 to Revolving Credit and Security Agreement, by and among Goldman Sachs Bank USA, the lenders party thereto and Divvy Peach, LLC, dated as of March 15, 2024. | 10-Q | 001-39149 | 10.1 | 05/03/2024 | |
| 10.14† | DivvyPay, Inc. 2016 Equity Incentive Plan. | 10-K | 001-39149 | 10.14 | 08/30/2021 | |
| 10.15† | Invoice2go, Inc. 2014 Stock Plan. | S-8 | 333-259420 | 99.1 | 09/09/2021 | |
| 10.16 | Revolving Credit Agreement by and among Odin Financing, LLC, J.P. Morgan Chase Bank, N.A. and the lenders party thereto, dated as of May 23, 2025. | 8-K | 001-39149 | 10.1 | 05/27/2025 | |
| 10.17 | Form of Capped Call Confirmation. | 8-K | 001-39149 | 10.1 | 12/06/2024 | |
| 16.1 | Letter from Ernst & Young LLP, dated September 7, 2023. | 8-K | 001-39149 | 16.1 | 09/07/2023 | |
| 19.1 | Insider Trading Policy. | 10-K | 001-39149 | 19.1 | 08/23/2024 | |
| 21.1 | List of Subsidiaries of the Registrant. | X | ||||
| 23.1 | Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm. | X | ||||
| 23.2 | Consent of Ernst & Young LLP, independent registered public accounting firm. | X | ||||
| 31.1 | Certification of Principal Executive Officer Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1994 as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | X | ||||
| 31.2 | Certification of Principal Financial Officer Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1994 as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | X | ||||
| 32.1* | Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | X | ||||
| 32.2* | Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | X | ||||
| 97.1 | BILL Holdings, Inc. Compensation Recovery Policy. | 10-K | 001-39149 | 19.1 | 08/23/2024 | |
| 101.INS | Inline XBRL Document Set for the consolidated financial statements and accompanying notes in Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K. | X | ||||
| 104 | Inline XBRL for the cover page of this Annual Report on Form 10-K, included in the Exhibit 101 Inline XBRL Document Set | X |
†Indicates management contract or compensatory plan.
*The certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Annual Report on Form 10-K and are not deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, nor shall they be deemed incorporated by reference into any filing under the Securities Act of the Exchange Act.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.