---
schema_version: "secwatch.filing_event.v1"
accession: "0001786352-25-000020"
form_type: "8-K"
ticker: "BILL"
cik: "0001786352"
company_name: "BILL Holdings, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:10:01.596236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BILL Q3 FY25 core rev $320.3M (+14% YoY), net loss $11.6M; Q4 core rev guided $335-$345M

## Summary
- Q3 total revenue $358.2M (+11% YoY); core revenue $320.3M (+14% YoY) from subscription $68.2M and transaction fees $252.1M.
- GAAP net loss $11.6M ($0.11/sh) vs year-ago net income $31.8M; non-GAAP net income $58.7M ($0.50/sh) down from $68.6M.
- Business highlights: 488.6K businesses served; $79B payment volume (+11% YoY); 30M transactions (+16% YoY).
- Q4 FY25 guidance: core revenue $335-$345M (11-15% YoY); FY25 core revenue $1.29-$1.30B (15-16% YoY).
- Non-GAAP operating income Q3 $53.3M (down 9% YoY); guided Q4 non-GAAP op income $43-$48M; FY25 $226.2-$231.2M.

## SEC filing metadata
- accession: 0001786352-25-000020
- form_type: 8-K
- ticker: BILL
- cik: 0001786352
- company_name: BILL Holdings, Inc.
- filed_at: 2025-05-08T23:59:59+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/1786352/000178635225000020/0001786352-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786352/000178635225000020/bill-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001786352-25-000020
- JSON: https://secwatch.observer/filing/0001786352-25-000020.json
- Plain text: https://secwatch.observer/filing/0001786352-25-000020.txt

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