BILL Holdings, Inc. (BILL)

From the record

BILL Holdings, Inc.'s filings since 2019 show 2 warning events of 2 kinds: an auditor change (8-K item 4.01, the latest 2023-09-07); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-05-11) (its current reports).

From the record

BILL Holdings, Inc.'s 9 filed years say what it did: revenue went from $65 million in fiscal 2018 to $1.7 billion in fiscal 2026, up 49.9% a year; it rose in 8 of 8 years; it never fell from a peak; net income was positive in 1 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, BILL Holdings, Inc.'s diluted share count shrank about 1.9% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 20 sales (10 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, BILL Holdings, Inc. lost about 0 cents for every dollar of shareholders' money, and gross profitability: its products earned about 13 cents per dollar of everything the company owns. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count shrank 3.8% over the year (the filed statements).

From the record

BILL Holdings, Inc.'s standing among 218 graded names in its industry family: revenue of $1.7 billion in fiscal 2026 ranks in the top 21% by size; a net margin of -0.7% ranks in the top 48%; revenue growth of 16% a year over the last 3 filed years ranks in the top 36% (its annual reports).

From the record

BILL Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lacerte, Rene A. (CEO, as filed), filing under that title since 2019-12-11, 6.9 years (top 26% of its family); the 22 officers and directors filing in the last fifteen months have been on the record a median of 4.2 years (bottom 28%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 22 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

BILL Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $1.0 billion against debt of $1.8 billion leaves -7.9% of its assets as net cash, bottom 15% of its family; cash from operations less capital spending is 25% of revenue (top 24%); a gross margin of 80.9% (top 18%); research spending of 18.2% of revenue (bottom 43%) (its annual report).

From the record

BILL Holdings, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 16% a year over the last three filed years against 49.9% over all 9, slowing (bottom 5% of its family); the newest year grew 13% (top 50%); research spending grew -1.5% a year (bottom 28%); capital spending grew -24% a year (bottom 22%) (its annual reports). BILL Holdings, Inc. reported 4 product lines in fiscal 2026: Accounts Payable and Accounts Receivable Solutions at $740 million (45%), Spend and Expense Interchange Revenue at $676 million (41%), Interest On Funds Held for Customers at $148 million (9%), and 1 more; 3 of 4 grew against the year before (its annual report).

From the record

BILL Holdings, Inc.'s newest year against its own record: revenue of $1.7 billion in fiscal 2026 came in 3.8% below the $1.7 billion its prior three years' pace pointed to (bottom 34% of its family); net income of $11 million against a prior three-year average of $76 million (top 30%); a net margin of -0.7% against -7.2% before (bottom 48%) (its annual reports).