BILL Holdings Inc

For the period ended Sep 30, 2024. Filed Nov 8, 2024.

About 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.

Sep 30, 2024 · Filed Nov 8, 2024

BILL$53.74-0.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Unaudited, in thousands, except per share amounts)

	Three Months EndedSeptember 30,
	2024	2023
Revenue
Subscription and transaction fees	$314,943	$265,142
Interest on funds held for customers	43,507	39,843
Total revenue	358,450	304,985
Cost of revenue
Service costs	53,602	44,904
Depreciation and amortization (1)	11,094	11,122
Total cost of revenue	64,696	56,026
Gross profit	293,754	248,959
Operating expenses
Research and development	78,685	89,065
Sales and marketing	126,322	118,398
General and administrative	66,771	73,251
Provision for expected credit losses	20,661	12,075
Depreciation and amortization (1)	9,013	12,817
Total operating expenses	301,452	305,606
Operating loss	(7,698)	(56,647)
Other income, net	17,878	29,308
Income (loss) before provision for income taxes	10,180	(27,339)
Provision for income taxes	1,268	522
Net income (loss)	$8,912	$(27,861)
Net income (loss) per share attributable to common stockholders:
Basic	$0.08	$(0.26)
Diluted	$0.08	$(0.26)
Weighted-average number of common shares used to compute net income (loss) per share attributable to common stockholders:
Basic	105,672	106,817
Diluted	107,322	106,817

(1)Depreciation and amortization do not include amortization of capitalized internal-use software costs paid in cash.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.