Welcome to our dedicated page for BILL HOLDINGS SEC filings (Ticker: BILL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BILL Holdings, Inc. filings document formal disclosures for its finance software and payments business, including quarterly results, GAAP and non-GAAP reconciliations, revenue categories, and material-event reports under Form 8-K. Recent filings also record share repurchase authorization disclosure and exit or disposal activity charges tied to organizational restructuring.
The company’s proxy and governance filings cover board elections, auditor ratification, advisory executive-compensation votes, director and officer changes, and principal accounting officer responsibilities. These records also describe stockholder voting outcomes and governance procedures for BILL’s public-company reporting.
BILL Holdings, Inc. announced a broad reshaping of its executive team and organization to support what it calls its next phase of growth as an AI-native company. Michael Cieri, currently Executive Vice President and General Manager of Software Solutions, has been promoted to Chief Product Officer and will lead a newly unified Product Organization spanning software, payments, and financial services.
Eric Chan, a founding engineer and former CTO, has been appointed Chief Technology Officer, succeeding Ken Moss, who will move into an advisory role. President and COO John Rettig will transition into a new role as Chief Strategy and Transformation Officer, focusing on enterprise strategy and long-term growth while retaining oversight of operational execution.
Several senior leaders will depart, including Chief Customer Officer Sarah Acton and Executive Vice President and General Manager of Payments and Financial Services Mary Kay Bowman, both of whom will shift into advisory roles to support transitions. BILL also stated it reaffirmed its previously issued guidance for its fiscal 2026 fourth quarter and full-year financial performance.
BILL Holdings, Inc. reported solid top-line growth but is restructuring aggressively. Revenue for the quarter ended March 31, 2026 rose to $406.6 million from $358.2 million, driven by subscription and transaction fees of $371.1 million and interest on customer funds of $35.4 million. Net income was $12.8 million, compared with an $11.6 million loss a year earlier.
Total Payment Volume reached $88.7 billion for the quarter and $273.1 billion year‑to‑date, up 12%. BILL serves about 493,800 businesses, with 34.0 million transactions processed in the quarter. Operating cash flow for the nine months was a strong $304.8 million, and total assets were $10.1 billion, including $994.7 million of cash and cash equivalents.
The company continues to scale its AI‑driven finance platform and BILL Spend and Expense card products, but credit portfolios are expanding, with higher provisions for expected credit losses on acquired card receivables and loans held for investment. BILL has issued $1.4 billion of 0% convertible notes due 2030 and maintains $330.0 million drawn on revolving credit facilities.
To "improve organizational agility and efficiency," BILL executed multiple reductions in force, including a ~6% cut in October 2025 and an additional RIF in March 2026. In May 2026, the board approved a further workforce reduction of up to 30%, with estimated restructuring charges of $30–$60 million, largely expected in the fourth quarter of fiscal 2026. These actions aim to enhance profitability but introduce execution risk and near‑term restructuring costs.
BILL Holdings, Inc. reported solid third-quarter fiscal 2026 results while announcing a major restructuring and a large new share repurchase authorization.
Total revenue was $406.6 million, up 13% year-over-year, with core subscription and transaction revenue of $371.1 million, up 16%. Gross profit reached $331.9 million for an 81.6% margin, and non-GAAP gross margin was 85.1%. The company swung to GAAP net income of $12.8 million from a loss a year ago, while non-GAAP net income rose to $77.2 million, or $0.68 per diluted share, compared with $58.7 million, or $0.50.
Management plans to reduce headcount by up to 30%, expecting $30–$60 million of primarily cash severance and related charges, mostly in Q4 fiscal 2026, with execution substantially complete by the end of Q1 fiscal 2027. At the same time, the board authorized a new $1.0 billion share repurchase program, including remaining capacity from the August 2025 plan, to be funded with existing cash and executed over 24 months.
BILL Holdings Inc: Vanguard Portfolio Management reports beneficial ownership of 5,753,583 shares of Common Stock, representing 5.81% of the class. The filer reports sole dispositive power over 5,753,583 shares and sole voting power over 68,741 shares. The filing is signed by Ashley Grim on 04/29/2026.
The Vanguard Group filed an amended Schedule 13G/A reporting no beneficial ownership in BILL Holdings Inc. The filing states 0 shares and 0% ownership of Common Stock. It also explains an internal realignment effective January 12, 2026 that led to disaggregated reporting by certain Vanguard subsidiaries.
The form lists Vanguard's address and is signed by Ashley Grim, Head of Global Fund Administration with a signature date of 03/27/2026. The filing affirms Vanguard and its managed accounts hold no more than 5% of the class.
BILL Holdings, Inc. reported a leadership update. On March 11, 2026, the Board of Directors appointed Chief Financial Officer Rohini Jain to also serve as the company’s principal accounting officer for purposes of the Securities Exchange Act of 1934.
Ms. Jain will not receive any additional compensation for taking on the principal accounting officer responsibilities. Her biographical and other background information is available in a prior filing with the Securities and Exchange Commission, which the company references and incorporates by reference.
BILL Holdings, Inc. director and CEO Rene A. Lacerte reported multiple equity award vesting and conversion transactions. On February 28, 2026, restricted stock units and performance stock units were exercised into common stock, including 24,627 and 6,661 common shares from derivative conversions at $0.00 per share. A separate 12,649-share common stock disposition at $44.19 per share satisfied tax withholding obligations rather than representing an open-market sale. The filing also lists substantial indirect common stock holdings held through several family trusts and the Makahakama Foundation.
BILL Holdings, Inc. COO John R. Rettig reported multiple equity award vesting transactions dated February 28, 2026. He acquired common stock through the conversion of restricted stock units (RSUs) and performance stock units (PSUs), including 20,105 shares of common stock from derivative exercises and 5,710 shares from PSUs. To cover tax obligations tied to these vestings, 9,870 common shares were disposed of at $44.19 per share through share withholding rather than an open-market sale. Following these transactions, Rettig held 142,526 shares of common stock directly, with an additional 69,974 common shares held indirectly by the Rettig Living Trust, where he and his spouse serve as co‑trustees. The RSU and PSU awards vest over multi‑year schedules, primarily in equal quarterly installments, contingent on his continued service with the company.
BILL Holdings, Inc. officer Mary Kay Bowman reported multiple equity award transactions. On February 28, 2026, she acquired shares of common stock through the exercise or conversion of restricted stock units (RSUs) and performance stock units (PSUs), with no cash paid per share in those conversions.
The filing shows RSUs and PSUs that each represent a right to receive one share of common stock, vesting over one to three years starting on August 28, 2025 and November 28, 2025, subject to continued service. It also reports a disposition of 5,063 shares of common stock at $44.19 per share to cover tax withholding obligations tied to the vesting of these units.
BILL Holdings, Inc. Chief Technology Officer Kenneth A. Moss reported multiple equity award vesting and related share movements. On February 28, 2026, he acquired common stock through the exercise or conversion of restricted stock units and performance stock units, both at a stated price of $0.00 per share.
Some resulting common shares were withheld at $44.19 per share to cover tax obligations tied to these vestings, rather than sold in open-market transactions. A portion of the reported indirect holdings and related tax-withholding dispositions involves shares held by his spouse, for which he disclaims beneficial ownership except for any pecuniary interest.