{"schema_version":"secwatch.filing_event.v1","accession":"0001786352-23-000014","form_type":"8-K","ticker":"BILL","cik":"0001786352","company_name":"BILL Holdings, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.574327+00:00","generated_at":"2026-06-15T22:40:43.808656+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BILL Holdings Q3 FY2023 revenue up 63% YoY to $272.6M; non-GAAP net income $58.7M","bullets":["Total revenue $272.6M (+63% YoY); core revenue $239.5M (+45% YoY).","Non-GAAP net income $58.7M ($0.50 diluted) vs loss of $8.7M in Q3 FY2022.","GAAP gross margin 82.1%; non-GAAP gross margin 87.0% (record).","Served 455,300 businesses; processed $64.7B total payment volume in Q3.","Repurchased ~359,000 shares for $27M; Q4 revenue guidance $277-280M; FY23 revenue guidance $1.0395-1.0425B."],"urls":{"canonical":"https://secwatch.observer/filing/0001786352-23-000014","json":"https://secwatch.observer/filing/0001786352-23-000014.json","markdown":"https://secwatch.observer/filing/0001786352-23-000014.md","text":"https://secwatch.observer/filing/0001786352-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786352/000178635223000014/0001786352-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786352/000178635223000014/bill-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:40:43.808656+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8743deaa8028c246e03228dafe8939c69c93eb5a","claim":"BILL Holdings, Inc. reported the third fiscal quarter ended March 31, 2023 results: revenue $272.6 million, net income $31.1 million, EPS ($0.29) per share. Guidance initiated.","evidence_excerpt":"Financial Highlights for the Third Quarter of Fiscal 2023: The financial measures listed below identified as BILL standalone exclude the results of Divvy, Invoice2go, and Finmark. • Total revenue was $272.6 million, an increase of 63% year-over-year. • Core revenue, which consists of subscription and transaction fees, was $239.5 million, an increase of 45% year-over-year. ◦ Subscription fees were $66.7 million , up 28% year-over-year. This includes $57.6 million of subscription fees from the BILL standalone platform, which increased 33% year-over-year. ◦ Transaction fees were $172.8 million, up 52% year-over-year. This includes $83.2 million of transaction fees from the BILL standalone platform, which increased 41% year-over-year, and $88.6 million of transaction fees from our Divvy spend management solution, which increased 65% year-over-year. • Float revenue, which consists of interest on funds held for customers, was $33.1 million. • G ross profit was $223.7 million, representing an","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786352/000178635223000014/0001786352-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$272.6 million"},{"label":"Net income","value":"$31.1 million"},{"label":"EPS","value":"($0.29) per share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}