UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K ___________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________ TO ________ Commission File Number: 001-39149 ________________________ ...

Key Takeaways BILL earned $0.53 per share in Q4, topping estimates but down from $0.57 a year earlier.Revenues rose 11.5% to $383.3M, fueled by 18% growth in transaction fees.BILL authorized a $300M buyback after repurchasing $100M in Q4 and July.BILL Holdings (BILL) reported earnings of 53 cents per share in the fourth quarter of fiscal 2025, surpassing the Zacks Consensus Estimate of 41 cents. However, the figure declined from 57 cents per share reported in the year-ago quarter. Revenues of $383.3 million ...

Core Insights - BILL Holdings reported revenue of $383.35 million for the quarter ended June 2025, marking an 11.6% year-over-year increase [1] - The company's EPS for the same period was $0.53, down from $0.57 a year ago, but exceeded the consensus estimate of $0.41 by 29.27% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $375.7 million, resulting in a surprise of 2.04% [1] Key Performance Metrics - Total Payment Volume reached $86 billion, exceeding the estimated $83.4 billion [4] - Transactions processed amounted to 33 million, surpassing the average estimate of 32.42 million [4] - Revenue from subscription and transaction fees was $345.95 million, compared to the estimated $339.06 million, reflecting a 14.8% increase year-over-year [4] - Revenue from interest on funds held for customers was $37.4 million, slightly above the estimated $35.92 million, but showed a year-over-year decline of 11.7% [4] Stock Performance - Shares of BILL Holdings have declined by 9.8% over the past month, while the Zacks S&P 500 composite increased by 1.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Financial Data and Key Metrics Changes - Total revenue for fiscal year 2025 reached $1,500,000,000, with core revenue growth of 16% year over year [7] - Non-GAAP operating income exceeded the high end of initial guidance by over 20%, totaling $240,000,000 for the year [38][39] - Non-GAAP operating margin (ex float) expanded by 345 basis points year over year [38] Business Line Data and Key Metrics Changes - Bill APAR transaction revenue grew 15% year over year in Q4, with total payment volume increasing by 13% [40] - Revenue from spend and expense solutions totaled $151,000,000 in Q4, up 19% year over year, driven by a 22% growth in card payment volume [42] - The number of joint customers using both Bill APAR and spend and expense grew nearly 40% to 15,800 by year-end 2025 [43] Market Data and Key Metrics Changes - The Bill network surpassed 8,000,000 members, an increase of 18% from the previous year [12] - The net revenue retention rate, including financial institutions, was 94%, reflecting a lower B2B spend environment [41] - Annual customer retention remained healthy at 86%, indicating strong platform value [41] Company Strategy and Development Direction - The company aims to drive growth from its integrated platform, expand its addressable market, and innovate with AI to enhance value for SMBs [28][34] - Strategic investments were made to strengthen the core business and build a foundation for future growth, particularly in AI capabilities [22][36] - The launch of AgenTik AI is expected to transform financial operations for SMBs, moving towards a "do it for you" model [17][69] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in driving growth due to foundational elements built into the company and product platform [56] - The company anticipates some headwinds from external factors, including tariff impacts on SMB spending, but remains optimistic about internal growth initiatives [60][91] - The focus for fiscal year 2026 includes enhancing customer experience and expanding market penetration, particularly in the mid-market segment [32][81] Other Important Information - The company repurchased $100,000,000 of its stock in Q4 and plans to execute up to $300,000,000 in share repurchases in the fiscal year [50][51] - The new CFO, Rohini Jain, emphasizes transparency and accountability in communicating results and strategic priorities [37][64] Q&A Session Summary Question: What are the key factors that would drive any deceleration to the midpoint of revenue outlook? - Management highlighted foundational elements and product strengths as key drivers of growth, despite external pressures [56][60] Question: What are Rohini Jain's early impressions of the company? - Rohini noted the stickiness of the products and the strong execution culture within the team [64] Question: Can you elaborate on the agents opportunity across payables and payments? - Management discussed the transition from a "do it with you" to a "do it for you" model, leveraging AI to automate mundane tasks [68][69] Question: How do you think about evolving the go-to-market motion for the mid-market segment? - The company plans to continue leveraging existing channels while increasing resources focused on the mid-market segment [81] Question: What is the thought process behind the guidance for the year? - Management indicated that the guidance reflects a prudent approach considering macroeconomic headwinds, with potential for growth in the latter half of the year [91]

BILL Holdings (BILL) Q4 2025 Earnings Call August 27, 2025 04:30 PM ET Speaker0Good afternoon. My name is Tamiya, and I will be your conference operator today. At this time, I would like to welcome everyone to Bill's Fiscal Fourth Quarter and Fiscal Year twenty twenty five Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. I will now turn the call over to June Wong, Director, Investor Relati ...

BILL NYSE BILL Investor Deck Aug 2025 Champions of small and midsize businesses. In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles GAAP, this presentation contains non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income and non-GAAP net income. The non-GAAP financial information is presented for supplemental informational purposes only and is not intended to be consid ...

Exhibit 99.1 BILL Reports Fourth Quarter and Fiscal Year 2025 Financial Results and Announces $300 Million Share Repurchase Program SAN JOSE, Calif.--(BUSINESS WIRE) – August 27, 2025 – BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced financial results for the fourth quarter and fiscal year ended June 30, 2025. "Fiscal year 2025 was pivotal for BILL as we drove growth and profitability, launched essential new software and payment products fo ...

Key Takeaways BILL expects Q4 revenues of $370.5-$380.5M, up 811%, with EPS of $0.39-$0.43.Core revenues are projected at $335-$345M, with strong growth in transaction fees driving gains.BILL is expected to have processed 32.4M Q4 transactions, showing strong SMB engagement.BILL Holdings, Inc. (BILL) is set to report its fourth-quarter 2025 results on Aug. 27.For the fiscal fourth quarter of 2025, management has guided revenues of $370.5 to $380.5 million, denoting growth in the 8-11% range, and non-GAAP EP ...

In its upcoming report, BILL Holdings (BILL) is predicted by Wall Street analysts to post quarterly earnings of $0.41 per share, reflecting a decline of 28.1% compared to the same period last year. Revenues are forecasted to be $375.7 million, representing a year-over-year increase of 9.3%. The consensus EPS estimate for the quarter has been revised 3.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates d ...

Industry Overview - Internet stocks are benefiting from the ongoing digitalization wave, which is driving rapid adoption of AI and cloud computing [1] - The deployment of standalone 5G networks and AI-powered services is increasing the usage of social media platforms, digital advertising, online delivery models, streaming, and e-commerce growth [2] - Despite macroeconomic challenges, these factors are expected to positively impact Internet stocks during the earnings season [2] Company Earnings Insights - Four Internet stocks, Globant (GLOB), NICE (NICE), Affirm Holdings (AFRM), and Bill Holdings (BILL), are well-positioned to exceed earnings estimates this season [3] - Meta Platforms reported a 5% increase in ad conversions on Instagram and 3% on Facebook due to its new AI-powered recommendation model [5] - Microsoft’s AI assistants have reached 100 million monthly active users, and Alphabet is enhancing user experience through AI in its Search features [6] - Amazon's advertising business grew 23% year-over-year to $15.69 billion, attributed to successful AI-powered optimization [7] Company-Specific Projections - Globant expects revenues of at least $612 million for Q2 2025, reflecting a 4.2% year-over-year growth, with earnings estimated at $1.52 per share [12][13] - NICE anticipates non-GAAP revenues of $709-$719 million for Q2 2025, indicating 7% year-over-year growth, with earnings projected between $2.93 and $3.03 per share [15][16] - Affirm Holdings forecasts GMV between $9.4 billion and $9.7 billion for Q4 fiscal 2025, with revenues expected to be between $815 million and $845 million [17] - BILL Holdings expects revenues between $370.5 million and $380.5 million for Q4 fiscal 2025, suggesting year-over-year growth of 8-11% [19][20]