Bill.com Holdings, Inc. (BILL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 406.56M | 414.67M | 395.74M | 383.35M | 358.22M | 362.55M | 358.45M | 343.66M | 323.03M | 318.5M | 304.99M | 295.98M | 272.56M | 260.01M | 229.92M | 200.22M | 166.91M | 156.48M | 118.35M | 78.27M |
| Revenue Growth % | 13.5% | 14.37% | 10.4% | 11.55% | 10.89% | 13.83% | 17.53% | 16.11% | 18.52% | 22.5% | 32.65% | 47.83% | 63.29% | 66.16% | 94.28% | 155.8% | 179.41% | 189.53% | 156.12% | 85.88% |
| Cost of Goods Sold | 74.71M | 83.59M | 77M | 73.59M | 67.21M | 66.61M | 64.7M | 65.2M | 55.01M | 58.38M | 56.03M | 52.55M | 48.85M | 47.47M | 45.11M | 43.44M | 37.34M | 34.39M | 29.84M | 20.29M |
| COGS % of Revenue | 18.38% | 20.16% | 19.46% | 19.2% | 18.76% | 18.37% | 18.05% | 18.97% | 17.03% | 18.33% | 18.37% | 17.76% | 17.92% | 18.26% | 19.62% | 21.7% | 22.37% | 21.98% | 25.21% | 25.93% |
| Gross Profit | 331.86M | 331.08M | 318.74M | 309.76M | 291M | 295.95M | 293.75M | 278.46M | 268.02M | 260.12M | 248.96M | 243.43M | 223.71M | 212.54M | 184.82M | 156.78M | 129.57M | 122.09M | 88.51M | 57.98M |
| Gross Margin % | 81.62% | 79.84% | 80.54% | 80.8% | 81.24% | 81.63% | 81.95% | 81.03% | 82.97% | 81.67% | 81.63% | 82.24% | 82.08% | 81.74% | 80.38% | 78.3% | 77.63% | 78.03% | 74.79% | 74.07% |
| Gross Profit Growth % | 14.04% | 11.87% | 8.51% | 11.24% | 8.58% | 13.77% | 17.99% | 14.39% | 19.81% | 22.39% | 34.71% | 55.27% | 72.65% | 74.08% | 108.8% | 170.4% | 192.45% | 204.68% | 159.55% | 81.13% |
| Operating Expenses | 327.21M | 349.16M | 339.46M | 332.01M | 319.95M | 317.66M | 301.45M | 300.69M | 295.64M | 327.79M | 305.61M | 284.83M | 277.92M | 325M | 272.51M | 240.13M | 212.75M | 198.17M | 162.72M | 128.7M |
| OpEx % of Revenue | 80.48% | 84.2% | 85.78% | 86.61% | 89.32% | 87.62% | 84.1% | 87.49% | 91.52% | 102.92% | 100.2% | 96.23% | 101.97% | 125% | 118.52% | 119.93% | 127.46% | 126.64% | 137.49% | 164.42% |
| Selling, General & Admin | 225.51M | 234.94M | 226.13M | 218.27M | 210.61M | 203.66M | 193.09M | 148.91M | 181.96M | 188.36M | 191.65M | 190.64M | 187.07M | 234.06M | 185.37M | 129.34M | 141.15M | 146.21M | 111.14M | 99.02M |
| SG&A % of Revenue | 55.47% | 56.66% | 57.14% | 56.94% | 58.79% | 56.17% | 53.87% | 43.33% | 56.33% | 59.14% | 62.84% | 64.41% | 68.64% | 90.02% | 80.62% | 64.6% | 84.57% | 93.44% | 93.91% | 126.51% |
| Research & Development | 74.39M | 82.81M | 80.29M | 90.05M | 86.54M | 84.78M | 78.69M | 79.61M | 81.59M | 86.49M | 89.06M | 81.84M | 78.76M | 78.91M | 75.12M | 65.16M | 59.65M | 51.95M | 41.88M | 29.68M |
| R&D % of Revenue | 18.3% | 19.97% | 20.29% | 23.49% | 24.16% | 23.39% | 21.95% | 23.16% | 25.26% | 27.16% | 29.2% | 27.65% | 28.9% | 30.35% | 32.67% | 32.55% | 35.74% | 33.2% | 35.39% | 37.91% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 |
| Operating Income | 4.64M | -18.08M | -20.72M | -22.25M | -28.95M | -21.71M | -7.7M | -22.22M | -27.62M | -67.67M | -56.65M | -41.4M | -54.22M | -112.46M | -87.69M | -83.36M | -83.18M | -76.08M | -74.2M | -70.72M |
| Operating Margin % | 1.14% | -4.36% | -5.24% | -5.8% | -8.08% | -5.99% | -2.15% | -6.47% | -8.55% | -21.25% | -18.57% | -13.99% | -19.89% | -43.25% | -38.14% | -41.63% | -49.84% | -48.62% | -62.7% | -90.35% |
| Operating Income Growth % | 116.05% | 16.74% | -169.15% | -0.11% | -4.79% | 67.92% | 86.41% | 46.32% | 49.05% | 39.83% | 35.4% | 50.34% | 34.82% | -47.83% | -18.18% | -17.87% | -443.82% | -436.84% | -438.46% | -589.2% |
| EBITDA | 33.03M | 17.31M | 2.79M | -363K | -7.5M | 346K | 16.35M | 3.78M | -1.6M | -41.83M | -31.36M | -16.62M | -27.67M | -86.58M | -62.11M | -60.28M | -60.22M | -51.55M | -55.15M | -61.98M |
| EBITDA Margin % | 8.12% | 4.18% | 0.71% | -0.09% | -2.09% | 0.1% | 4.56% | 1.1% | -0.5% | -13.13% | -10.28% | -5.62% | -10.15% | -33.3% | -27.01% | -30.11% | -36.08% | -32.94% | -46.6% | -79.19% |
| EBITDA Growth % | 540.6% | 4904.05% | -82.93% | -109.61% | -368.5% | 100.83% | 152.15% | 122.73% | 94.22% | 51.69% | 49.52% | 72.43% | 54.05% | -67.96% | -12.64% | 2.74% | -337.27% | -291.38% | -328.91% | -573.05% |
| D&A (Non-Cash Add-back) | 28.38M | 35.39M | 23.51M | 21.89M | 21.45M | 22.06M | 24.05M | 26M | 26.02M | 25.85M | 25.29M | 24.78M | 26.55M | 25.88M | 25.58M | 23.07M | 22.97M | 24.53M | 19.06M | 8.74M |
| EBIT | 19.38M | 3M | 3.92M | 1.29M | -5.49M | 38.2M | 14.97M | 12.55M | 36.92M | -34M | -22.6M | -10.53M | -26.4M | -91.88M | -78.9M | -81.69M | -85.14M | -78.58M | -75.85M | -69.83M |
| Net Interest Income | 17.26M | 16.63M | 18.44M | 20.17M | 18.86M | 15.27M | 18.04M | 18.75M | 25.72M | 29.03M | 29.61M | 26.46M | 23.65M | 17.35M | 8.62M | 1.6M | -1.28M | -1.72M | -1.33M | -11.23M |
| Interest Income | 21.87M | 23.32M | 25.17M | 24.53M | 23.67M | 19.88M | 22.82M | 23.71M | 30.46M | 33.78M | 34.35M | 31.06M | 27.84M | 20.91M | 11.46M | 4.24M | 1.19M | 770K | 501K | 1.08M |
| Interest Expense | 4.61M | 6.7M | 6.73M | 4.36M | 4.8M | 4.61M | 4.79M | 4.95M | 4.74M | 4.75M | 4.74M | 4.6M | 4.19M | 3.56M | 2.85M | 2.63M | 2.46M | 2.49M | 1.83M | 12.31M |
| Other Income/Expense | 10.13M | 16.01M | 17.91M | 19.18M | 18.65M | 55.3M | 17.88M | 29.82M | 59.8M | 28.92M | 29.31M | 26.27M | 23.62M | 17.02M | 5.95M | -970K | -4.42M | -5M | -3.48M | -11.43M |
| Pretax Income | 14.78M | -2.07M | -2.81M | -3.07M | -10.3M | 33.59M | 10.18M | 7.59M | 32.18M | -38.76M | -27.34M | -15.13M | -30.6M | -95.44M | -81.75M | -84.33M | -87.6M | -81.08M | -77.68M | -82.15M |
| Pretax Margin % | 3.63% | -0.5% | -0.71% | -0.8% | -2.87% | 9.27% | 2.84% | 2.21% | 9.96% | -12.17% | -8.96% | -5.11% | -11.23% | -36.71% | -35.55% | -42.12% | -52.48% | -51.81% | -65.64% | -104.95% |
| Income Tax | 1.99M | 522K | 149K | 4M | 1.29M | 45K | 1.27M | 0 | 370K | 1.67M | 522K | 738K | 542K | -365K | -107K | 617K | -879K | -635K | -3.42M | -40.28M |
| Effective Tax Rate % | 13.46% | -25.27% | -5.3% | -130.51% | -12.56% | 0.13% | 12.46% | 0% | 1.15% | -4.3% | -1.91% | -4.88% | -1.77% | 0.38% | 0.13% | -0.73% | 1% | 0.78% | 4.4% | 49.04% |
| Net Income | 12.79M | -2.59M | -2.96M | -7.07M | -11.59M | 33.55M | 8.91M | 7.59M | 31.81M | -40.42M | -27.86M | -15.87M | -31.14M | -95.08M | -81.64M | -84.94M | -86.72M | -80.44M | -74.26M | -41.86M |
| Net Margin % | 3.14% | -0.62% | -0.75% | -1.84% | -3.24% | 9.25% | 2.49% | 2.21% | 9.85% | -12.69% | -9.14% | -5.36% | -11.42% | -36.57% | -35.51% | -42.42% | -51.96% | -51.41% | -62.75% | -53.48% |
| Net Income Growth % | 210.33% | -107.71% | -133.24% | -193.11% | -136.43% | 183% | 131.99% | 147.85% | 202.15% | 57.49% | 65.87% | 81.32% | 64.09% | -18.19% | -9.94% | -102.91% | -224.45% | -368.25% | -473.38% | -340.75% |
| Net Income (Continuing) | 12.79M | -2.59M | -2.96M | -7.07M | -11.59M | 33.55M | 8.91M | 7.59M | 31.81M | -40.42M | -27.86M | -15.87M | -31.14M | -95.08M | -81.64M | -84.94M | -86.72M | -80.44M | -74.26M | -41.86M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12 | -0.03 | -0.03 | -0.07 | -0.11 | -0.06 | 0.08 | 0.07 | 0.00 | -0.38 | -0.26 | -0.15 | -0.29 | -0.90 | -0.78 | -0.82 | -0.84 | -0.78 | -0.79 | -0.48 |
| EPS Growth % | 209.09% | 58.28% | -135.06% | -196.75% | - | 83.79% | 131.92% | 147.2% | 100.52% | 57.78% | 66.67% | 81.71% | 65.48% | -15.38% | 1.27% | -70.83% | -154.55% | -271.43% | -393.75% | -269.23% |
| EPS (Basic) | 0.12 | -0.03 | -0.03 | -0.07 | -0.11 | -0.06 | 0.08 | 0.07 | 0.30 | -0.38 | -0.26 | -0.15 | -0.29 | -0.90 | -0.78 | -0.82 | -0.84 | -0.78 | -0.79 | -0.48 |
| Diluted Shares Outstanding | 102.31M | 101.23M | 101.92M | 103.23M | 102.22M | 104.48M | 107.32M | 107.33M | 111.18M | 105.91M | 106.82M | 106.41M | 106.6M | 105.91M | 104.56M | 103.92M | 103.31M | 102.91M | 95.41M | 86.53M |
| Basic Shares Outstanding | 100.59M | 101.23M | 101.92M | 103.23M | 102.22M | 103.1M | 105.67M | 106.29M | 105.44M | 105.91M | 106.82M | 106.41M | 106.6M | 105.91M | 104.56M | 103.92M | 103.31M | 102.91M | 95.41M | 86.53M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |