secwatch.observer — SEC 8-K summary
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Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032064
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 2.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BILL reports Q3 FY26 revenue $406.6M (+13% YoY), plans 30% workforce cut, authorizes $1B buyback
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- Q3 total revenue $406.6M (+13% YoY), core revenue $371.1M (+16% YoY). GAAP net income $12.8M ($0.12 diluted EPS) vs net loss $11.6M last year. Non-GAAP net income $77.2M ($0.68 diluted EPS).
- Workforce reduction of up to 30% announced; estimated charges $30M-$60M, mostly in Q4 FY26, completion by Q1 FY27.
- Board authorized $1.0B share repurchase program with 24-month term, replacing existing Aug 2025 authorization.
- FY26 Q4 guidance: total revenue $425M-$435M, core revenue $392M-$402M, non-GAAP operating income $81.5M-$86.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000162828026032064/0001628280-26-032064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000162828026032064/bill-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer