Every 10-Q that BILL Holdings, Inc. (BILL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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. reported solid top-line growth but is restructuring aggressively. Revenue for the quarter ended March 31, 2026 rose to $406.6 million from $358.2 million, driven by subscription and transaction fees of $371.1 million and interest on customer funds of $35.4 million. Net income was $12.8 million, compared with an $11.6 million loss a year earlier.
Total Payment Volume reached $88.7 billion for the quarter and $273.1 billion year‑to‑date, up 12%. BILL serves about 493,800 businesses, with 34.0 million transactions processed in the quarter. Operating cash flow for the nine months was a strong $304.8 million, and total assets were $10.1 billion, including $994.7 million of cash and cash equivalents.
The company continues to scale its AI‑driven finance platform and BILL Spend and Expense card products, but credit portfolios are expanding, with higher provisions for expected credit losses on acquired card receivables and loans held for investment. BILL has issued $1.4 billion of 0% convertible notes due 2030 and maintains $330.0 million drawn on revolving credit facilities.
To "improve organizational agility and efficiency," BILL executed multiple reductions in force, including a ~6% cut in October 2025 and an additional RIF in March 2026. In May 2026, the board approved a further workforce reduction of up to 30%, with estimated restructuring charges of $30–$60 million, largely expected in the fourth quarter of fiscal 2026. These actions aim to enhance profitability but introduce execution risk and near‑term restructuring costs.
BILL Holdings, Inc. reported higher scale but a small loss for the quarter ended December 31, 2025. Total revenue rose to $414.7 million from $362.6 million, driven mainly by growth in subscription and transaction fees, which reached $375.1 million.
Interest on funds held for customers was $39.5 million, slightly below the prior year. Despite gross profit of $331.1 million, operating expenses of $349.2 million led to an operating loss of $18.1 million and a net loss of $2.6 million, compared with net income of $33.5 million a year earlier.
Total payment volume increased to $95.1 billion, with 34.7 million transactions processed. BILL ended the period with $10.1 billion in total assets, $3.8 billion in stockholders’ equity, and 498,500 businesses using its solutions. The company continued share repurchases and now has multiple revolving credit facilities and $1.52 billion of convertible senior notes outstanding.
BILL Holdings, Inc. reported first-quarter results with total revenue of $395.7 million, up from $358.5 million a year ago. Subscription and transaction fees rose to $358.0 million, while interest on funds held for customers declined to $37.7 million. Gross profit was $318.7 million.
The company posted an operating loss of $20.7 million and a net loss of $3.0 million, compared with net income of $8.9 million in the prior year, reflecting higher operating expenses and a $8.9 million restructuring charge tied to a workforce reduction of about 6%. Cash from operating activities was $96.9 million. BILL repurchased 1,694,720 shares for $81.7 million and has $283.7 million remaining under its August 2025 authorization.
Cash and cash equivalents were $1.10 billion and short‑term investments were $1.22 billion as of September 30, 2025. Borrowings included $1.54 billion of convertible senior notes (net) and $330.0 million outstanding under revolving credit facilities. As of October 30, 2025, common shares outstanding were 100,156,683.