Here are the 10-K annual reports from BILL Holdings, Inc. (BILL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BILL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BILL filings page.
BILL Holdings, Inc. (BILL) provides an AI-powered finance platform for small and midsize businesses, integrating accounts payable, accounts receivable, spend and expense management, payments, lending, and cash accounts. The company serves approximately 479,300 businesses and processed about $371.3 billion in Total Payment Volume in fiscal 2026, with a network of 9.2 million members.
BILL has expanded its AI capabilities with BILL AI agents for workflows such as W‑9 processing, invoice coding, reconciliations, and customer support, and launched new offerings including BILL Travel, Supplier Payments Plus enhancements, and “Embed 2.0” integrations with partners such as Paychex, Oracle NetSuite, and Acumatica. It also grows via BILL Spend and Expense and BILL Cash Accounts.
The company reported a net loss of $11.2 million in fiscal 2026, compared with net income of $23.8 million in 2025, and had an accumulated deficit of $2.1 billion as of June 30, 2026. BILL highlights very low fraud and credit loss rates relative to TPV, but its risk factors emphasize macroeconomic exposure of SMB customers, credit risk on BILL Divvy Cards and invoice financing, evolving AI and data-privacy regulations, and extensive payments and banking regulatory oversight.
BILL Holdings, Inc. reports fiscal 2025 revenue of $1.5 billion, up from $1.3 billion in fiscal 2024, and generated net income of $23.8 million versus a net loss of $28.9 million in fiscal 2024, showing a return to profitability. Total Payment Volume (TPV) rose to $329.8 billion in fiscal 2025 and approximately 493,800 businesses used the platform as of June 30, 2025. The network includes about 8.3 million members, an 18% increase year-over-year. The company disclosed a board-approved $300.0 million share repurchase program and reported approximately 101,628,611 shares outstanding as of August 21, 2025 with an aggregate market value of about $8.4 billion at Dec 31, 2024. The filing details extensive operational, regulatory, funding, credit, interchange, cybersecurity, and integration risks that could materially affect future results.