BILL Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 23, 2024.
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.
FY2024 · Filed Aug 23, 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
Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year endedJune 30, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | |||
| Subscription and transaction fees | $1,122,733 | $944,710 | $633,365 |
| Interest on funds held for customers | 167,439 | 113,758 | 8,594 |
| Total revenue | 1,290,172 | 1,058,468 | 641,959 |
| Cost of revenue | |||
| Service costs | 189,894 | 151,010 | 105,496 |
| Depreciation and amortization (1) | 44,722 | 42,967 | 39,508 |
| Total cost of revenue | 234,616 | 193,977 | 145,004 |
| Gross profit | 1,055,556 | 864,491 | 496,955 |
| Operating expenses | |||
| Research and development | 336,754 | 314,632 | 219,818 |
| Sales and marketing | 478,540 | 515,858 | 307,151 |
| General and administrative | 277,662 | 249,054 | 221,030 |
| Provision for expected credit losses | 60,105 | 32,224 | 20,144 |
| Depreciation and amortization (1) | 49,072 | 48,496 | 45,630 |
| Restructuring | 27,587 | — | — |
| Total operating expenses | 1,229,720 | 1,160,264 | 813,773 |
| Operating loss | (174,164) | (295,773) | (316,818) |
| Other income (expense), net | 147,845 | 72,856 | (13,861) |
| Loss before provision for (benefit from) income taxes | (26,319) | (222,917) | (330,679) |
| Provision for (benefit from) income taxes | 2,559 | 808 | (4,318) |
| Net loss | $(28,878) | $(223,725) | $(326,361) |
| Net loss per share attributable to common stockholders: | |||
| Basic and diluted | $(0.27) | $(2.11) | $(3.21) |
| Weighted-average number of common shares used to compute net loss per share attributable to common stockholders: | |||
| Basic and diluted | 106,102 | 105,976 | 101,753 |
(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.