secwatch / observer
8-K filed May 7, 2026, 7:59 PM ET ticker BILL CIK 0001786352
earnings confidence high sentiment neutral materiality 0.85

BILL Holdings, Inc. (BILL): restructuring charge — BILL reports Q3 FY26 revenue $406.6M (+13% YoY), plans 30% workforce cut, authorizes $1B buyback

BILL Holdings, Inc.

2026-Q3 EPS reported $0.07 revenue$1,216,974,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BILL Holdings, Inc. reported the fiscal fourth quarter ending June 30, 2026 and the full fiscal year ending June 30, 2026 results: EPS $0.69 - $0.72. Guidance initiated.

Period
the fiscal fourth quarter ending June 30, 2026 and the full fiscal year ending June 30, 2026
EPS
$0.69 - $0.72
Guidance
initiated
Result
guidance update
Exact text from the filing
We are providing the following guidance for the fiscal fourth quarter ending June 30, 2026 and the full fiscal year ending June 30, 2026. Q4 FY26 Guidance FY26 Guidance Total revenue (millions) $425.0 - $435.0 $1,642.0 - $1,652.0 Year-over-year total revenue growth 11% - 13% 12% - 13% Core revenue (millions) $392.0 - $402.0 $1,496.3 - $1,506.3 Year-over-year core revenue growth 13% - 16% 15% - 16% Non-GAAP operating income (millions) $81.5 - $86.5 $303.6 - $308.6 Non-GAAP net income (millions) $78.0 - $82.0 $298.7 - $302.7 Non-GAAP net income per diluted share $0.69 - $0.72 $2.61 - $2.64
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BILL Holdings, Inc. reported the third fiscal quarter ended March 31, 2026 results: revenue $406.6 million, net income $12.8 million, EPS $0.12 per diluted share.

Period
the third fiscal quarter ended March 31, 2026
Revenue
$406.6 million
Net income
$12.8 million
EPS
$0.12 per diluted share
Result
reported results
Exact text from the filing
Total revenue was $406.6 million, an increase of 13% year-over-year. • Core revenue, which consists of subscription and transaction fees, was $371.1 million, an increase of 16% year-over-year. Subscription fees were $74.5 million, up 9% year-over-year. Transaction fees were $296.6 million, up 18% year-over-year. • Float revenue, which consists of interest on funds held for customers, was $35.4 million. • Gross profit was $331.9 million, representing an 81.6% gross margin, compared to $291.0 million, or an 81.2% gross margin, in the third quarter of fiscal 2025. Non-GAAP gross profit was $346.0 million, representing an 85.1% non-GAAP gross margin, compared to $304.0 million, or an 84.9% non-GAAP gross margin, in the third quarter of fiscal 2025. • Operating loss was $0.4 million, compared to $28.9 million in the third quarter of fiscal 2025. Non-GAAP operating income was $79.8 million, compared to $53.3 million in the third quarter of fiscal 2025, an increase of 50% year-over-year. • Ne
View on SEC.gov
Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

BILL Holdings, Inc. announced a restructuring with charges of approximately $30 million to $60 million (up to 30%).

Type
restructuring
Charge
approximately $30 million to $60 million
Headcount
up to 30%
Exact text from the filing
On May 7, 2026, the Company additionally announced that it will reduce its workforce by up to 30% (the “Restructuring”). The Restructuring is part of the Company’s ongoing efforts to improve organizational agility and efficiency, while also seeking to drive greater profitability. The Company currently estimates that it will incur charges of approximately $30 million to $60 million in connection with the Restructuring, consisting primarily of cash expenditures for severance payments, employee benefits, and related costs as well as non-cash charges related to stock-based compensation expense.
View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

BILL Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-26-032064
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.