BILL Holdings Inc
For the period ended Mar 31, 2024. Filed May 3, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
BILL$53.81+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except per share amounts)
| March 31,2024 | June 30,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $952,474 | $1,617,151 |
| Short-term investments | 837,140 | 1,043,110 |
| Accounts receivable, net | 29,891 | 28,233 |
| Acquired card receivables, net of allowances of $23,853 and $15,498 as of March 31, 2024 and June 30, 2023, respectively | 641,861 | 458,650 |
| Prepaid expenses and other current assets | 256,199 | 170,111 |
| Funds held for customers | 3,510,918 | 3,355,909 |
| Total current assets | 6,228,483 | 6,673,164 |
| Non-current assets: | ||
| Operating lease right-of-use assets, net | 61,466 | 68,988 |
| Property and equipment, net | 87,300 | 81,564 |
| Intangible assets, net | 300,764 | 361,427 |
| Goodwill | 2,396,509 | 2,396,509 |
| Other assets | 47,736 | 54,366 |
| Total assets | $9,122,258 | $9,636,018 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $6,824 | $8,519 |
| Accrued compensation and benefits | 27,619 | 32,901 |
| Deferred revenue | 17,547 | 26,328 |
| Other accruals and current liabilities | 263,603 | 194,733 |
| Borrowings from credit facilities, net | — | 135,046 |
| Customer fund deposits | 3,510,918 | 3,355,909 |
| Total current liabilities | 3,826,511 | 3,753,436 |
| Non-current liabilities: | ||
| Deferred revenue | 4,156 | 410 |
| Operating lease liabilities | 65,023 | 72,477 |
| Borrowings from credit facilities, net | 180,011 | — |
| Convertible senior notes, net | 966,242 | 1,704,782 |
| Other long-term liabilities | 21,582 | 18,944 |
| Total liabilities | 5,063,525 | 5,550,049 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' equity: | ||
| Common stock | 2 | 2 |
| Additional paid-in capital | 5,165,049 | 4,946,623 |
| Accumulated other comprehensive loss | (1,507) | (4,488) |
| Accumulated deficit | (1,104,811) | (856,168) |
| Total stockholders' equity | 4,058,733 | 4,085,969 |
| Total liabilities and stockholders' equity | $9,122,258 | $9,636,018 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.