---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-007818"
form_type: "8-K"
ticker: "BILL"
cik: "0001786352"
company_name: "BILL Holdings, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:55:32.093475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bill.com Q3 revenue $166.9M (+179% YoY); organic core revenue +74% YoY; COO Mark Lenhard to leave Sep 2022

## Summary
- Total revenue $166.9M (+179% YoY); core revenue $165.5M (+182% YoY); organic core revenue $102.1M (+74% YoY).
- GAAP net loss $86.7M ($0.84/share); non-GAAP net loss $8.7M ($0.08/share). Gross margin 77.6% (GAAP).
- Processed $55.1B in total payment volume (+57% YoY); served 146,600 Bill.com customers.
- Guidance Q4 FY22 revenue $182.3-183.3M; full-year revenue $624-625M; non-GAAP net loss per share ($0.14)-($0.13) for Q4.
- COO Mark Lenhard to depart effective Sep 1, 2022; Aida Alvarez appointed to board of directors.

## SEC filing metadata
- accession: 0000950170-22-007818
- form_type: 8-K
- ticker: BILL
- cik: 0001786352
- company_name: BILL Holdings, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786352/000095017022007818/0000950170-22-007818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786352/000095017022007818/bill-20220429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-007818
- JSON: https://secwatch.observer/filing/0000950170-22-007818.json
- Plain text: https://secwatch.observer/filing/0000950170-22-007818.txt

## Key facts
- Executive change
  Aida Alvarez was appointed as director at BILL Holdings, Inc..
  - Action: appointed
  - Role: director
  source text: On May 2, 2022, the Board of Directors (the “Board”) of the Company appointed Aida Alvarez, 72, to serve as a director of the Company, effective as of May 2, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786352/000095017022007818/0000950170-22-007818-index.htm
- Executive change
  Mark Lenhard changed role as Chief Operating Officer at BILL Holdings, Inc..
  - Action: transitioned out
  - Role: Chief Operating Officer
  source text: on April 29, 2022 the Company and Mark Lenhard, the Company’s Chief Operating Officer, agreed that he would transition out of the Company, with his last day of service being September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786352/000095017022007818/0000950170-22-007818-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.