secwatch.observer — SEC 8-K summary
======================================

Issuer:     BILL Holdings, Inc. (BILL)
CIK:        0001786352
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001786352-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786352/000178635225000020/0001786352-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786352/000178635225000020/bill-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001786352-25-000020

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