Financial Snapshot

Revenue
$1.344B
TTM
Gross Margin
81.91%
TTM
Net Earnings
$7.896M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
152.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$4.013B
Q3 2024
Cash
Q3 2024
P/E
1.251K
Dec 02, 2024 EST
Free Cash Flow
$291.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.290B $1.058B $642.0M $238.3M $157.6M $108.4M $64.87M
YoY Change 21.89% 64.88% 169.43% 51.18% 45.45% 67.04%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.290B $1.058B $642.0M $238.3M $157.6M $108.4M $64.87M
Cost Of Revenue $234.6M $194.0M $145.0M $61.81M $39.14M $29.92M $19.37M
Gross Profit $1.056B $864.5M $497.0M $176.5M $118.5M $78.43M $45.49M
Gross Profit Margin 81.82% 81.67% 77.41% 74.06% 75.16% 72.39% 70.13%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $756.2M $797.1M $548.3M $196.1M $98.52M $59.31M $35.32M
YoY Change -5.14% 45.38% 179.68% 99.0% 66.1% 67.91%
% of Gross Profit 71.64% 92.21% 110.34% 111.1% 83.17% 75.62% 77.65%
Research & Development $336.8M $314.6M $219.8M $89.50M $53.00M $28.92M $17.99M
YoY Change 7.03% 43.13% 145.6% 68.89% 83.23% 60.81%
% of Gross Profit 31.9% 36.4% 44.23% 50.72% 44.74% 36.88% 39.54%
Depreciation & Amortization $23.20M $15.50M $11.50M $5.400M $4.300M $3.150M $2.310M
YoY Change 49.68% 34.78% 112.96% 25.58% 36.51% 36.36%
% of Gross Profit 2.2% 1.79% 2.31% 3.06% 3.63% 4.02% 5.08%
Operating Expenses $1.230B $1.160B $813.8M $290.4M $152.7M $88.24M $53.31M
YoY Change 5.99% 42.58% 180.2% 90.25% 73.01% 65.51%
Operating Profit -$174.2M -$295.8M -$316.8M -$114.0M -$34.20M -$9.803M -$7.817M
YoY Change -41.12% -6.64% 177.99% 233.26% 248.85% 25.41%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $15.20M $9.419M $28.16M $229.0K $825.0K $427.0K
YoY Change 61.41% -66.55% 12196.07% -72.24% 93.21%
% of Operating Profit
Other Income/Expense, Net $147.8M $72.86M -$13.86M -$25.37M $3.160M $2.333M $632.0K
YoY Change 102.93% -625.62% -45.36% -902.85% 35.45% 269.15%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$26.32M -$222.9M -$330.7M -$139.3M -$31.04M -$7.470M -$7.185M
YoY Change -88.19% -32.59% 137.32% 348.92% 315.5% 3.97%
Income Tax $2.559M $808.0K -$4.318M -$40.62M $53.00K -$156.0K $10.00K
% Of Pretax Income
Net Earnings -$28.88M -$223.7M -$326.4M -$98.72M -$31.09M -$7.314M -$7.195M
YoY Change -87.09% -31.45% 230.59% 217.52% 325.09% 1.65%
Net Earnings / Revenue -2.24% -21.14% -50.84% -41.43% -19.73% -6.75% -11.09%
Basic Earnings Per Share -$0.27 -$2.11 -$3.21 -$1.19 -$0.70
Diluted Earnings Per Share -$0.27 -$2.11 -$3.21 -$1.19 -$0.70 -$104.9K -$103.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $1.587B $2.660B $2.705B $1.165B $697.6M $162.3M $92.30M
YoY Change -40.33% -1.66% 132.21% 66.99% 329.82% 75.84%
Cash & Equivalents $985.9M $1.617B $1.597B $509.6M $573.6M $90.30M $22.40M
Short-Term Investments $601.5M $1.043B $1.108B $655.3M $124.0M $72.00M $69.90M
Other Short-Term Assets $4.002B $3.512B $3.283B $2.268B $1.671B $1.342B $921.1M
YoY Change 13.95% 6.99% 44.75% 35.71% 24.55% 45.65%
Inventory
Prepaid Expenses
Receivables $28.05M $42.23M $35.45M $26.34M $10.80M $9.200M $5.300M
Other Receivables $697.2M $458.7M $256.4M $147.1M $0.00 $0.00 $0.00
Total Short-Term Assets $6.315B $6.673B $6.279B $3.606B $2.379B $1.513B $1.019B
YoY Change -5.37% 6.27% 74.14% 51.55% 57.25% 48.53%
Property, Plant & Equipment $147.4M $150.6M $133.4M $120.8M $13.90M $6.600M $5.900M
YoY Change -2.06% 12.83% 10.43% 769.26% 110.61% 11.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $38.57M $54.37M $47.73M $52.93M $10.70M $6.600M $4.600M
YoY Change -29.06% 13.9% -9.82% 394.63% 62.12% 43.48%
Total Long-Term Assets $2.864B $2.963B $2.977B $2.363B $24.60M $13.20M $10.60M
YoY Change -3.34% -0.46% 25.96% 9506.24% 86.36% 24.53%
Total Assets $9.179B $9.636B $9.256B $5.969B $2.404B $1.526B $1.029B
YoY Change
Accounts Payable $307.0M $189.2M $9.948M $11.90M $3.500M $5.100M $1.500M
YoY Change 62.28% 1801.41% -16.43% 240.11% -31.37% 240.0%
Accrued Expenses $34.16M $47.00M $29.00M $20.29M $15.80M $7.300M $4.400M
YoY Change -27.32% 62.05% 42.97% 28.4% 116.44% 65.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $135.0M $75.10M $0.00 $2.300M $0.00 $0.00
YoY Change -100.0% 79.83% -100.0%
Long-Term Debt Due $0.00 $3.700M
YoY Change -100.0%
Total Short-Term Liabilities $4.063B $3.753B $3.409B $2.326B $1.677B $1.349B $930.6M
YoY Change 8.25% 10.11% 46.57% 38.7% 24.26% 45.0%
Long-Term Debt $914.0M $1.705B $1.698B $989.4M $0.00 $0.00 $5.800M
YoY Change -46.39% 0.4% 71.62% -100.0%
Other Long-Term Liabilities $67.59M $91.02M $105.7M $115.5M $16.40M $3.200M $3.600M
YoY Change -25.74% -13.88% -8.46% 603.98% 412.5% -11.11%
Total Long-Term Liabilities $981.6M $1.796B $1.804B $1.105B $16.40M $3.200M $9.400M
YoY Change -45.34% -0.44% 63.25% 6636.79% 412.5% -65.96%
Total Liabilities $5.045B $5.550B $5.212B $3.440B $1.693B $1.353B $940.0M
YoY Change -9.11% 6.48% 51.54% 103.13% 25.19% 43.89%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 106.1M shares 106.0M shares 101.8M shares 82.81M shares 44.11M shares
Diluted Shares Outstanding 106.1M shares 106.0M shares 101.8M shares 82.81M shares 44.11M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $9.8808 Billion

About BILL Holdings, Inc.

Bill Holdings, Inc. engages in the provision of cloud-based software solutions. The company is headquartered in San Jose, California and currently employs 2,187 full-time employees. The company went IPO on 2019-12-12. The firm offers software-as-a-service, cloud-based payments, and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. Its artificial intelligence (AI)-enabled financial software platform creates seamless connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make and receive payments, manage employee expenses, sync with their accounting system, foster collaboration, and manage their cash flow. Its integrated platform also includes BILL Spend and Expense, its spend and expense management product, which provides a solution for businesses.

Industry: Services-Prepackaged Software Peers: Aspen Technology, Inc. CITRIX SYSTEMS INC FAIR ISAAC CORP HUBSPOT INC PTC INC. Paylocity Holding Corp Palantir Technologies Inc. Salesforce, Inc. SPLUNK INC TYLER TECHNOLOGIES INC