secwatch.observer — SEC 8-K summary
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Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001786352-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BILL Holdings Q3 FY2023 revenue up 63% YoY to $272.6M; non-GAAP net income $58.7M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000178635223000014/0001786352-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000178635223000014/bill-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001786352-23-000014

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