← BILL Holdings, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value — $573.6m $509.6m $1.6b $1.6b $985.9m $1.0b
Prepaid Expense and Other Assets, Current — $26.8m $59.1m $151.3m $170.1m $297.2m $258.4m
Restricted Cash, Current — $35k $11.0m $85.3m $87.3m $174.1m $101.6m
Cash and cash equivalents $90.3m $573.6m $509.6m $1.6b $1.6b $985.9m $1.0b
Short-term investments $72.0m $124.0m $655.3m $1.1b $1.0b $601.5m $1.2b
Accounts receivable, net $4.4m $4.3m $18.2m $24.0m $28.2m $28.0m $32.3m
Acquired card receivables, net of allowances of $15,020 and $20,883 as of June 30, 2025 and 2024, respectively — — $147.1m $256.4m $458.6m $697.2m $685.1m
Prepaid expenses and other current assets $12.3m $26.8m $59.1m $151.3m $170.1m $297.2m $258.4m
Cash Cash Equivalents And Short Term Investments — — — $2.7b $2.7b $1.6b $2.2b
Other Current Assets — — — $151.3m $170.1m $297.2m $258.4m
Other Receivables — — — $256.4m $458.6m $697.2m $685.1m
Other Short Term Investments — — — $1.1b $1.0b $601.5m $1.2b
Prepaid Assets — — — $151.3m $170.1m — —
Assets, Current — $2.4b $3.6b $6.3b $6.7b $6.3b $7.2b
Total current assets $1.5b $2.4b $3.6b $6.3b $6.7b $6.3b $7.2b
Property, Plant and Equipment, Net $6.6m $13.9m $48.9m $57.0m $81.6m $88.0m $116.6m
Goodwill — — $1.8b $2.4b $2.4b $2.4b $2.4b
Intangible Assets, Net (Excluding Goodwill) — — $417.3m $432.6m $361.4m $281.5m $222.8m
Intangible assets, net — — $417.3m $432.6m $361.4m $281.5m $222.8m
Goodwill And Other Intangible Assets — — — $2.8b $2.8b $2.7b $2.6b
Other Intangible Assets — — — $432.6m $361.4m $281.5m $222.8m
Operating Lease, Right-of-Use Asset — — $71.9m $76.4m $69.0m $59.4m $56.1m
Other Assets, Noncurrent — $10.7m $52.9m $47.7m $54.4m $38.6m $33.2m
Operating lease right-of-use assets, net — — $71.9m $76.4m $69.0m $59.4m $56.1m
Other assets $6.6m $10.7m $52.9m $47.7m $54.4m $38.6m $33.2m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — $4.3m $18.2m $24.0m $28.2m $28.0m $32.3m
Accrued Liabilities, Current — $8.5m $72.0m $120.1m $194.7m $299.5m $252.5m
Funds held for customers $1.3b $1.6b $2.2b $3.1b $3.4b $3.7b $4.0b
Deferred revenue $3.5m $5.9m $2.9m $2.2m $410k $4.2m $285k
Other accruals and current liabilities $6.6m $8.5m $72.0m $120.1m $194.7m $299.5m $252.5m
Borrowings from credit facilities, net — $2.3m $79.5m $0 $135.0m $180.0m $0
Convertible senior notes, net — — $909.8m $1.7b $1.7b $734.0m $1.5b
Customer fund deposits $1.3b $1.6b $2.2b $3.1b $3.4b $3.7b $4.0b
Operating lease liabilities — — $86.6m $82.7m $72.5m $62.8m $58.4m
Accumulated Depreciation — — — ($30.3m) ($45.0m) ($66.8m) ($90.1m)
Capital Lease Obligations — — — $82.7m $72.5m $62.8m $58.4m
Current Accrued Expenses — — — $120.1m $194.7m $299.5m $252.5m
Current Debt — — — $75.1m $135.0m — $213.4m
Current Debt And Capital Lease Obligation — — — $75.1m $135.0m — $213.4m
Current Deferred Liabilities — — — $3.2b $3.4b $3.7b $4.1b
Gross PPE — — — $163.7m $195.6m $214.3m $262.8m
Invested Capital — — — $5.8b $5.9b $5.0b $5.6b
Leases — — — $35.1m $39.1m $39.1m $39.9m
Line Of Credit — — — $75.1m $135.0m — —
Long Term Capital Lease Obligation — — — $82.7m $72.5m $62.8m $58.4m
Machinery Furniture Equipment — — — $52.2m $87.5m $115.7m $166.8m
Net Debt — — — $176.5m $222.7m — $676.1m
Net PPE — — — $133.4m $150.6m $147.4m $172.7m
Net Tangible Assets — — — $1.2b $1.3b $1.5b $1.3b
Non Current Deferred Liabilities — — — $2.2m $410k $4.2m $285k
Ordinary Shares Number — — — $104.7m $106.5m $106.6m $103.0m
Other Current Borrowings — — — $75.1m $135.0m — $213.4m
Other Equity Adjustments — — — ($10.2m) ($4.5m) ($1.9m) $10.2m
Other Non Current Assets — — — $47.7m $54.4m $38.6m $33.2m
Other Non Current Liabilities — — — $20.8m $18.9m $574k $1.6m
Other Properties — — — $76.4m $69.0m $59.4m $56.1m
Properties — — — $0 $0 $0 $0
Restricted Cash — — — $3.1b $3.4b $3.7b $4.0b
Share Issued — — — $104.7m $106.5m $106.6m $103.0m
Tangible Book Value — — — $1.2b $1.3b $1.5b $1.3b
Working Capital — — — $2.9b $2.9b $2.3b $2.7b
Total Capitalization — — — $5.7b $5.8b $5.0b $5.4b
Total Debt — — — $1.9b $1.9b $976.8m $1.8b
Total Non Current Assets — — — $3.0b $3.0b $2.9b $2.8b
Assets — $2.4b $6.0b $9.3b $9.6b $9.2b $10.1b
Total assets $1.5b $2.4b $6.0b $9.3b $9.6b $9.2b $10.1b
LIABILITIES AND EQUITY
Total liabilities and stockholders' equity $1.5b $2.4b $6.0b $9.3b $9.6b $9.2b $10.1b
Current liabilities:
Operating Lease, Liability, Current — — — $12.1m $14.1m $13.0m $12.9m
Accounts Payable, Current $5.1m $3.5m $11.9m $9.9m $8.5m $7.4m $16.3m
Operating Lease, Liability, Noncurrent — — $86.6m $82.7m $72.5m $62.8m $58.4m
Accrued compensation and benefits $4.3m $12.4m $20.3m $29.0m $32.9m $34.2m $39.6m
Payables And Accrued Expenses — — — $130.0m $203.3m $307.0m $268.7m
Liabilities, Current — $1.7b $2.3b $3.4b $3.8b $4.1b $4.6b
Total current liabilities $1.3b $1.7b $2.3b $3.4b $3.8b $4.1b $4.6b
Deferred Income Tax Liabilities, Net — — $9.1m — — — —
Other Liabilities, Noncurrent — $13.8m $25.9m $20.8m $18.9m $574k $1.6m
Long-term debt — — — $1.8b $1.8b $914.0m $1.7b
Other long-term liabilities $1.4m $13.8m $25.9m $20.8m $18.9m $574k $1.6m
Long Term Debt And Capital Lease Obligation — — — $1.8b $1.8b $976.8m $1.6b
Pensionand Other Post Retirement Benefit Plans Current — — — $29.0m $32.9m $34.2m $39.6m
Deferred Tax Liabilities, Net — — $9.1m $2.0m $811k $450k $373k
Liabilities — $1.7b $3.4b $5.2b $5.6b $5.0b $6.1b
Total liabilities $1.4b $1.7b $3.4b $5.2b $5.6b $5.0b $6.1b
Stockholders’ equity:
Preferred Stock, Value, Issued — — — $0 $0 $0 $0
Common Stock, Value, Issued — — $2k $2k $2k $2k $2k
Additional Paid in Capital $14.7m $857.0m $2.8b $4.6b $4.9b $5.2b $5.4b
Retained Earnings (Accumulated Deficit) — ($148.7m) ($247.5m) ($544.8m) ($856.2m) ($1.1b) ($1.5b)
Accumulated Other Comprehensive Income (Loss), Net of Tax — $2.4m ($100k) ($10.2m) ($4.5m) ($1.9m) $10.2m
Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding 1k 2k 2k 2k 2k 2k 2k
Accumulated other comprehensive income (loss) $326k $2.4m ($100k) ($10.2m) ($4.5m) ($1.9m) $10.2m
Accumulated deficit ($117.7m) ($148.7m) ($247.5m) ($544.8m) ($856.2m) ($1.1b) ($1.5b)
Capital Stock — — — $2k $2k $2k $2k
Gains Losses Not Affecting Retained Earnings — — — ($10.2m) ($4.5m) ($1.9m) $10.2m
Preferred Stock — — — $0 $0 $0 $0
Stockholders' Equity Attributable to Parent — $710.7m $2.5b $4.0b $4.1b $4.1b $3.9b
Total Equity Gross Minority Interest — — — $4.0b $4.1b $4.1b $3.9b
Total Non Current Liabilities Net Minority Interest — — — $1.8b $1.8b $981.6m $1.6b
Total stockholders' equity ($102.7m) $710.7m $2.5b $4.0b $4.1b $4.1b $3.9b
Liabilities and Equity — $2.4b $6.0b $9.3b $9.6b $9.2b $10.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.