BILL HOLDINGS, INC. (BILL) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-07-01 to 2026-06-30

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BILL HOLDINGS, INC. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Stock-based compensation → operating reconciliation: $229,778,000.00Other accruals and current liabilities → operating reconciliation: $61,190,000.00Amortization of intangible assets → operating reconciliation: $60,659,000.00Provision for expected credit losses on acquired card receivables and other financial assets → operating reconciliation: $54,588,000.00Amortization of capitalized internal-use software costs paid in cash → operating reconciliation: $33,896,000.00Depreciation of property and equipment → operating reconciliation: $21,997,000.00Provision for expected credit losses on loans held for investment → operating reconciliation: $16,468,000.00Non-cash operating lease expense → operating reconciliation: $8,265,000.00Amortization of debt discount and issuance costs → operating reconciliation: $6,434,000.00Prepaid expenses and other current assets → operating reconciliation: $3,135,000.00Accounts receivable → operating reconciliation: $1,418,000.00Other assets → operating reconciliation: $1,167,000.00Other → operating reconciliation: $124,000.00operating reconciliation → Net cash from operating activities: $415,832,000.00operating reconciliation → Net income (loss): $11,241,000.00operating reconciliation → Accretion of discount on loans held for investment: $28,238,000.00operating reconciliation → Accretion of discount on investments in marketable debt securities: $23,893,000.00operating reconciliation → Operating lease liabilities: $9,950,000.00operating reconciliation → Accounts payable: $5,871,000.00operating reconciliation → Deferred revenue: $3,010,000.00operating reconciliation → Other long-term liabilities: $1,084,000.00Proceeds from maturities and sales of corporate and customer fund short-term investments → investing reconciliation: $1,790,861,000.00Principal repayments of loans held for investment → investing reconciliation: $1,051,637,000.00investing reconciliation → Purchases of corporate and customer fund short-term investments: $1,617,044,000.00investing reconciliation → Purchases of loans held for investment: $1,041,055,000.00investing reconciliation → Acquired card receivables, net: $150,032,000.00investing reconciliation → Capitalization of internal-use software costs: $57,822,000.00investing reconciliation → Purchases of property and equipment: $3,334,000.00investing reconciliation → Other: $1,809,000.00Net cash used in financing activities → financing reconciliation: $172,835,000.00Customer fund deposits liability and other → financing reconciliation: $285,549,000.00Proceeds from line of credit borrowings → financing reconciliation: $150,000,000.00Prepaid card deposits → financing reconciliation: $27,125,000.00Proceeds from issuance of common stock under the employee stock purchase plan → financing reconciliation: $11,921,000.00Proceeds from exercise of stock options → financing reconciliation: $2,945,000.00financing reconciliation → Repurchase of common stock: $560,485,000.00financing reconciliation → Tax withholdings related to net share settlements of equity awards: $55,616,000.00financing reconciliation → Payments for repurchase and settlement of convertible senior notes: $33,463,000.00financing reconciliation → Cash paid for line of credit issuance costs: $811,000.00Net cash used in investing activities → investing reconciliation: $28,598,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $3,550,884,000.00Net cash from operating activities → Cash sources and uses: $415,832,000.00Cash sources and uses → Exchange-rate effect: $50,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,765,233,000.00Cash sources and uses → Net cash used in investing activities: $28,598,000.00Cash sources and uses → Net cash used in financing activities: $172,835,000.00Net income (loss): -$11,241,000.00Net income (loss)−$11.24 MStock-based compensation: $229,778,000.00Stock-based compensation+$229.78 MAmortization of intangible assets: $60,659,000.00Intangible amortization+$60.66 MDepreciation of property and equipment: $21,997,000.00Depreciation expense+$22.00 MAmortization of capitalized internal-use software costs paid in cash: $33,896,000.00Capitalized software amort.+$33.90 MAmortization of debt discount and issuance costs: $6,434,000.00Debt cost amortization+$6.43 MAccretion of discount on investments in marketable debt securities: -$23,893,000.00Investment discount & premium−$23.89 MAccretion of discount on loans held for investment: -$28,238,000.00Loan discount accretion−$28.24 MGain on debt extinguishment: $0.00Provision for expected credit losses on acquired card receivables and other financial assets: $54,588,000.00Card receivables loss provision+$54.59 MProvision for expected credit losses on loans held for investment: $16,468,000.00Loan credit loss provision+$16.47 MNon-cash operating lease expense: $8,265,000.00Non-cash operating lease expense+$8.27 MOther: $124,000.00Other non-cash items+$124.00 KAccounts receivable: $1,418,000.00Accounts receivable+$1.42 MPrepaid expenses and other current assets: $3,135,000.00Prepaid & other assets+$3.14 MOther assets: $1,167,000.00Other operating assets+$1.17 MAccounts payable: -$5,871,000.00Accounts payable−$5.87 MOther accruals and current liabilities: $61,190,000.00Accrued & other liabilities+$61.19 MOperating lease liabilities: -$9,950,000.00Operating lease liabilities−$9.95 MOther long-term liabilities: -$1,084,000.00Other noncurrent liabilities−$1.08 MDeferred revenue: -$3,010,000.00Deferred revenue−$3.01 MNet cash from operating activities: $415,832,000.00Operating cash+$415.83 Moperating reconciliation: $499,119,000.00Proceeds from issuance of convertible senior notes: $0.00Payments for repurchase and settlement of convertible senior notes: -$33,463,000.00Convertible debt repaid−$33.46 MProceeds from unwind of capped calls: $0.00Purchase of capped calls: $0.00Customer fund deposits liability and other: $285,549,000.00Deposits, net+$285.55 MPrepaid card deposits: $27,125,000.00Prepaid card deposits+$27.13 MRepurchase of common stock: -$560,485,000.00Common stock repurchases−$560.49 MProceeds from line of credit borrowings: $150,000,000.00Long-term credit line borrowings+$150.00 MProceeds from exercise of stock options: $2,945,000.00Stock option exercises+$2.95 MTax withholdings related to net share settlements of equity awards: -$55,616,000.00Stock-award tax withholding−$55.62 MProceeds from issuance of common stock under the employee stock purchase plan: $11,921,000.00Common stock issued+$11.92 MContingent consideration payout: $0.00Cash paid for convertible senior notes issuance costs: $0.00Cash paid for line of credit issuance costs: -$811,000.00Credit line issuance costs paid−$811.00 KNet cash used in financing activities: -$172,835,000.00. Cash required to fund net payments.Financing cash−$172.84 Mfinancing reconciliation: $650,375,000.00Purchases of corporate and customer fund short-term investments: -$1,617,044,000.00Fund investment purchases−$1.62 BProceeds from maturities and sales of corporate and customer fund short-term investments: $1,790,861,000.00Fund investment sales & maturities+$1.79 BPurchase of intangible assets: $0.00Purchases of loans held for investment: -$1,041,055,000.00Investment loan purchases−$1.04 BPrincipal repayments of loans held for investment: $1,051,637,000.00Loan & lease repayments+$1.05 BAcquired card receivables, net: -$150,032,000.00Acquired card receivables, net−$150.03 MPurchases of property and equipment: -$3,334,000.00PP&E purchases−$3.33 MCapitalization of internal-use software costs: -$57,822,000.00Software development costs−$57.82 MOther: -$1,809,000.00Other investing, net−$1.81 MNet cash used in investing activities: -$28,598,000.00. Cash required to fund net payments.Investing cash−$28.60 Minvesting reconciliation: $2,871,096,000.00Cash sources and uses: $3,966,716,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,550,884,000.00Beginning cash$3.55 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,765,233,000.00Ending cash$3.77 BExchange-rate effect: -$50,000.00FX effect−$50.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$11.24M + net operating adjustments $427.07M = operating cash +$415.83MFree cash flow$412.50 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$214.35 MEnding cash − beginning cash
Chart details

BILL HOLDINGS, INC. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026

Cash flows for Jul 1, 2025 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Jun 30, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2025
3,550,884,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
415,832,000 US dollars. Net cash provided.
Net income (loss)
negative 11,241,000 US dollars
Stock-based compensation
229,778,000 US dollars
Amortization of intangible assets
60,659,000 US dollars
Depreciation of property and equipment
21,997,000 US dollars
Amortization of capitalized internal-use software costs paid in cash
33,896,000 US dollars
Amortization of debt discount and issuance costs
6,434,000 US dollars
Accretion of discount on investments in marketable debt securities
negative 23,893,000 US dollars
Accretion of discount on loans held for investment
negative 28,238,000 US dollars
Gain on debt extinguishment
0 US dollars
Provision for expected credit losses on acquired card receivables and other financial assets
54,588,000 US dollars
Provision for expected credit losses on loans held for investment
16,468,000 US dollars
Non-cash operating lease expense
8,265,000 US dollars
Other
124,000 US dollars
Accounts receivable
1,418,000 US dollars
Prepaid expenses and other current assets
3,135,000 US dollars
Other assets
1,167,000 US dollars
Accounts payable
negative 5,871,000 US dollars
Other accruals and current liabilities
61,190,000 US dollars
Operating lease liabilities
negative 9,950,000 US dollars
Other long-term liabilities
negative 1,084,000 US dollars
Deferred revenue
negative 3,010,000 US dollars
Investing activities
negative 28,598,000 US dollars. Net cash used.
Purchases of corporate and customer fund short-term investments
negative 1,617,044,000 US dollars
Proceeds from maturities and sales of corporate and customer fund short-term investments
1,790,861,000 US dollars
Purchase of intangible assets
0 US dollars
Purchases of loans held for investment
negative 1,041,055,000 US dollars
Principal repayments of loans held for investment
1,051,637,000 US dollars
Acquired card receivables, net
negative 150,032,000 US dollars
Purchases of property and equipment
negative 3,334,000 US dollars
Capitalization of internal-use software costs
negative 57,822,000 US dollars
Other
negative 1,809,000 US dollars
Financing activities
negative 172,835,000 US dollars. Net cash used.
Proceeds from issuance of convertible senior notes
0 US dollars
Payments for repurchase and settlement of convertible senior notes
negative 33,463,000 US dollars
Proceeds from unwind of capped calls
0 US dollars
Purchase of capped calls
0 US dollars
Customer fund deposits liability and other
285,549,000 US dollars
Prepaid card deposits
27,125,000 US dollars
Repurchase of common stock
negative 560,485,000 US dollars
Proceeds from line of credit borrowings
150,000,000 US dollars
Proceeds from exercise of stock options
2,945,000 US dollars
Tax withholdings related to net share settlements of equity awards
negative 55,616,000 US dollars
Proceeds from issuance of common stock under the employee stock purchase plan
11,921,000 US dollars
Contingent consideration payout
0 US dollars
Cash paid for convertible senior notes issuance costs
0 US dollars
Cash paid for line of credit issuance costs
negative 811,000 US dollars
Operating adjustment reconciliation
499,119,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
650,375,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,871,096,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 50,000 US dollars
Ending cash on Jun 30, 2026
3,765,233,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
3,966,716,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
214,349,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
415,832,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
3,334,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
412,498,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$11.24M + net operating adjustments $427.07M = operating cash +$415.83M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 415,832,000 US dollars minus 3,334,000 US dollars equals 412,498,000 US dollars.
BILL HOLDINGS, INC. (BILL) FY2026 Annual Statement of Cash Flows Sankey chart
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