secwatch.observer — SEC 8-K summary
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Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001786352-24-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BILL Q1 revenue $358.5M (+18% YoY); core $314.9M (+19%); GAAP net income $8.9M vs loss
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- Total revenue $358.5M (+18% YoY); core revenue (subscription + transaction fees) $314.9M (+19% YoY).
- GAAP net income $8.9M ($0.08 diluted) vs net loss of $27.9M; non-GAAP net income $68.6M ($0.63 diluted).
- Repurchased $200M of common stock (3.7M shares) during Q1.
- Q2 FY25 guidance: core revenue $316-321M (15-17% YoY); FY25 core revenue $1.291-1.316B (15-17% YoY).
- Total payment volume $80B (+14% YoY); hired Mary Kay Bowman as EVP Payments and Financial Services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000178635224000044/0001786352-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000178635224000044/bill-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001786352-24-000044

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