Financial Statements — BILL
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.99 | 1.09 | 1.10 | 1.05 | 1.57 | 0.95 | 1.58 | 0.85 | 1.59 | 1.62 | 1.61 | 1.64 | 1.67 | 2.01 | 1.22 | 1.57 | 0.56 |
| Accounts Receivable | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 7.28 | 7.33 | 7.33 | 6.80 | 6.84 | 6.23 | 6.96 | 6.20 | 6.41 | 6.75 | 6.29 | 6.18 | 6.49 | 5.53 | 3.70 | 3.99 | 2.40 |
| Property, Plant & Equipment | 0.14 | 0.13 | 0.13 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 | 0.02 |
| Goodwill | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.40 | 2.36 | 2.36 | 2.36 | 2.35 | -- | -- | -- |
| Intangible Assets | 0.18 | 0.19 | 0.21 | 0.24 | 0.25 | 0.30 | 0.32 | 0.26 | 0.38 | 0.40 | 0.41 | 0.45 | 0.47 | 0.49 | -- | -- | -- |
| Total Non-current Assets* | 2.80 | 2.80 | 2.82 | 2.83 | 2.83 | 2.89 | 2.92 | 2.84 | 2.98 | 2.99 | 2.96 | 3.00 | 3.02 | 3.03 | 0.10 | 0.10 | 0.08 |
| Total Assets | 10.08 | 10.13 | 10.15 | 9.63 | 9.67 | 9.12 | 9.87 | 9.05 | 9.38 | 9.74 | 9.25 | 9.18 | 9.51 | 8.56 | 3.80 | 4.08 | 2.48 |
| Accounts Payable | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| Total Current Liabilities | 4.39 | 4.43 | 4.38 | 4.02 | 4.12 | 3.83 | 4.12 | 4.06 | 3.34 | 3.73 | 3.33 | 4.39 | 4.67 | 3.70 | 1.97 | 2.26 | 1.70 |
| Long-term Debt | 1.83 | 1.83 | 1.87 | 1.68 | 1.68 | 1.15 | 1.84 | 0.91 | 1.84 | 1.81 | 1.77 | 1.77 | 1.77 | 1.77 | -- | -- | -- |
| Total Non-current Liabilities* | 1.89 | 1.89 | 1.89 | 1.74 | 1.74 | 1.24 | 1.80 | 0.98 | 1.94 | 1.92 | 1.88 | 0.72 | 0.75 | 0.76 | 0.96 | 0.95 | 0.06 |
| Total Liabilities | 6.28 | 6.32 | 6.27 | 5.76 | 5.86 | 5.06 | 5.92 | 5.03 | 5.28 | 5.65 | 5.21 | 5.12 | 5.42 | 4.45 | 2.93 | 3.21 | 1.76 |
| Retained Earnings | (1.77) | (1.73) | (1.60) | (1.47) | (1.46) | (1.10) | (1.14) | (1.29) | (0.78) | (0.72) | (0.63) | (0.46) | (0.37) | (0.29) | (0.21) | (0.18) | (0.16) |
| Total Stockholder Equity | 3.80 | 3.81 | 3.88 | 3.87 | 3.81 | 4.06 | 3.95 | 4.01 | 4.10 | 4.08 | 4.05 | 4.07 | 4.09 | 4.11 | 0.87 | 0.88 | 0.72 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 436.19 | 406.56 | 414.67 | 395.74 | 383.35 | 358.22 | 362.55 | 343.66 | 323.03 | 318.50 | 358.45 | 295.98 | 272.56 | 260.01 | 229.92 | 202.17 | 166.91 | 156.48 | 116.40 | 78.27 |
| Cost of Revenue | 80.00 | 74.71 | 83.59 | 77.00 | 73.59 | 67.21 | 66.61 | 65.20 | 55.01 | 58.38 | 64.70 | 52.55 | 48.85 | 47.47 | 45.11 | 43.44 | 37.34 | 34.39 | 29.84 | 20.29 |
| Gross Profit | 356.19 | 331.86 | 331.08 | 318.74 | 309.76 | 291.01 | 295.95 | 278.46 | 268.02 | 260.12 | 293.75 | 243.43 | 223.71 | 212.54 | 184.82 | 158.73 | 129.57 | 122.09 | 86.57 | 57.98 |
| Research & Development | 63.09 | 74.39 | 82.81 | 80.29 | 90.05 | 86.54 | 84.78 | 79.61 | 81.59 | 86.49 | 78.69 | 81.84 | 78.76 | 78.91 | 75.12 | 65.16 | 60.23 | 51.95 | 42.47 | 29.68 |
| Selling, General & Admin | 70.71 | 72.29 | 79.50 | 76.92 | 70.17 | 73.85 | 71.12 | 25.18 | 81.57 | 85.58 | 66.77 | 73.44 | 71.72 | 69.38 | 66.74 | 57.39 | 60.46 | 65.40 | 57.94 | 69.92 |
| Total Operating Expenses | 390.44 | 332.25 | 349.16 | 339.46 | 332.01 | 319.95 | 317.66 | 300.68 | 295.64 | 327.79 | 301.45 | 284.83 | 277.92 | 325.00 | 272.51 | 240.14 | 212.75 | 198.17 | 162.72 | 128.70 |
| Operating Income | (34.25) | (0.40) | (18.08) | (20.72) | (22.25) | (28.95) | (21.71) | (22.22) | (27.62) | (67.67) | (7.70) | (41.40) | (54.22) | (112.46) | (87.69) | (81.41) | (83.18) | (76.07) | (76.15) | (70.72) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.31 |
| Pretax Income | (20.03) | 14.78 | (2.07) | (2.81) | (3.07) | (10.30) | 33.59 | 7.60 | 32.18 | (38.76) | 10.18 | (15.13) | (30.60) | (95.44) | (81.75) | (82.38) | (87.60) | (81.07) | (79.63) | (82.15) |
| Tax Provision | (1.55) | 1.99 | 0.52 | 0.15 | 4.00 | 1.29 | 0.05 | 0.00 | 0.37 | 1.67 | 1.27 | 0.74 | 0.54 | (0.36) | (0.11) | 1.14 | (0.88) | (0.63) | (3.94) | (40.28) |
| Net Income | (18.48) | 12.79 | (2.59) | (2.96) | (7.07) | (11.59) | 33.55 | 7.60 | 31.81 | (40.42) | 8.91 | (15.87) | (31.14) | (95.08) | (81.64) | (83.52) | (86.72) | (80.44) | (75.68) | (41.86) |
| Basic EPS | -- | 0.13 | (0.03) | (0.03) | (0.07) | (0.11) | 0.33 | 0.07 | 0.30 | (0.38) | 0.08 | (0.14) | (0.29) | (0.90) | (0.78) | (0.81) | -- | -- | -- | -- |
| Diluted EPS | -- | 0.12 | (0.03) | (0.03) | 0.02 | (0.11) | (0.06) | 0.37 | 0.00 | (0.38) | 0.08 | (0.14) | (0.29) | (0.90) | (0.78) | (0.81) | -- | -- | -- | -- |
Cash Flow Statement
(in billions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Operating Cash Flow | 0.11 | 0.10 | 0.11 | 0.10 | 0.08 | 0.10 | 0.17 | 0.08 | 0.07 | 0.13 | 0.09 | 0.08 | 0.03 | 0.06 | 0.02 | (0.01) | 0.03 | (0.01) | (0.02) | 0.02 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | 0.11 | 0.10 | 0.10 | 0.10 | 0.08 | 0.10 | -- | 0.08 | 0.07 | 0.13 | 0.09 | 0.08 | 0.03 | 0.05 | 0.02 | (0.01) | 0.03 | (0.01) | (0.02) | 0.02 |
| Investing Cash Flow | 0.24 | (0.30) | 0.14 | (0.11) | (0.04) | (0.64) | (0.13) | (0.04) | (0.62) | 0.25 | (0.14) | 0.38 | (0.03) | 0.04 | (0.13) | (0.05) | (0.11) | (0.52) | (0.45) | (0.86) |
| Financing Cash Flow | 0.05 | (0.11) | (0.11) | 0.00 | 0.34 | (0.11) | 0.43 | (0.02) | (0.80) | 0.08 | (0.11) | 0.20 | (0.35) | 0.39 | -0.00 | 0.14 | (0.32) | 0.96 | 2.10 | 0.28 |
* Derived from reported values
