---
schema_version: "secwatch.filing_event.v1"
accession: "0001786352-22-000021"
form_type: "8-K"
ticker: "BILL"
cik: "0001786352"
company_name: "BILL Holdings, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:39:09.264535+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BILL Q1 FY2023: Revenue $229.9M (+94% YoY), core revenue +83%, non-GAAP profitable

## Summary
- Total revenue $229.9M, up 94% YoY; core revenue (subscription+transaction) $214.6M, up 83% YoY.
- Non-GAAP net income $16.9M ($0.14/diluted) vs loss of $12.1M (($0.13)/share) in prior year.
- Served 419,800 businesses; processed $64.9B payment volume (+34% YoY) and 19.6M transactions (+45% YoY).
- Q2 FY23 revenue guidance $241.5-244.5M; full FY23 revenue $994M-1,007M, both with >54% YoY growth.

## SEC filing metadata
- accession: 0001786352-22-000021
- form_type: 8-K
- ticker: BILL
- cik: 0001786352
- company_name: BILL Holdings, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786352/000178635222000021/0001786352-22-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786352/000178635222000021/bill-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001786352-22-000021
- JSON: https://secwatch.observer/filing/0001786352-22-000021.json
- Plain text: https://secwatch.observer/filing/0001786352-22-000021.txt

## Key facts
- Earnings Releases
  BILL Holdings, Inc. reported first fiscal quarter ended September 30, 2022 results: revenue $229.9 million, net income $(0.78) per share, basic and diluted, EPS ($0.78).
  - Period: first fiscal quarter ended September 30, 2022
  - Revenue: $229.9 million
  - Net income: $(0.78) per share, basic and diluted
  - EPS: ($0.78)
  - Result: reported results
  source text: for the First Quarter of Fiscal 2023: The financial measures listed below identified as BILL standalone exclude the results of Divvy and Invoice2go. • Total revenue was $229.9 million, an increase of 94% year-over-year. • Core revenue, which consists of subscription and transaction fees, was $214.6 million, an increase of 83% year-over-year. ◦ Subscription
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786352/000178635222000021/0001786352-22-000021-index.htm

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