Bill.com Holdings, Inc. (BILL) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 102.67M | 105.32M | 96.86M | 83.82M | 99.53M | 78.72M | 88.58M | 78.62M | 66.81M | 79.68M | 53.66M | 80.36M | 34.03M | 55.23M | 18.15M | -10.47M | 26.45M | -12.93M | -21.13M | 17.79M |
| Operating CF Margin % | 25.25% | 25.4% | 24.47% | 21.86% | 27.78% | 21.71% | 24.71% | 22.88% | 20.68% | 25.02% | 17.59% | 27.15% | 12.49% | 21.24% | 7.89% | -5.23% | 15.84% | -8.26% | -17.86% | 22.72% |
| Operating CF Growth % | 3.16% | 33.79% | 9.34% | 6.61% | 48.98% | -1.21% | 65.08% | -2.16% | 96.32% | 44.27% | 195.62% | 867.19% | 28.69% | 527.15% | 185.89% | -158.89% | 1773.73% | -40.13% | -797.03% | 1712.51% |
| Net Income | 12.79M | -2.59M | -2.96M | -7.07M | -11.59M | 33.55M | 8.91M | 7.6M | 31.81M | -40.42M | -27.86M | -15.87M | -31.14M | -95.08M | -81.64M | -84.94M | -86.72M | -80.44M | -75.69M | -41.86M |
| Depreciation & Amortization | 20.46M | 35.39M | 23.51M | 21.89M | 21.45M | 22.06M | 24.05M | 26M | 26.02M | 25.85M | 25.29M | 24.78M | 24.15M | 23.51M | 25.58M | 25.37M | 22.97M | 22.4M | 19.06M | 8.74M |
| Stock-Based Compensation | 0 | 64.26M | 58.8M | 59.76M | 62.23M | 65.88M | 54.66M | 0 | 59.39M | 65.5M | 65.15M | 57.85M | 63.79M | 119.31M | 0 | 0 | 52.81M | 49.68M | 37.89M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -235K | -10K | -74K | -42K | -192K | -343K | -527K | -299K | 616K | -869K | -399K | -3.94M | -40.28M |
| Other Non-Cash Items | 72.14M | 13.2M | 6.1M | 5.15M | 5.7M | -30.47M | 6.9M | 43.85M | -29.68M | 7.08M | 2.9M | -1.07M | 297K | 3.98M | 79.66M | 63.07M | 13.12M | 12.79M | 9.42M | 52.3M |
| Working Capital Changes | -2.71M | -4.94M | 11.4M | 4.09M | 21.74M | -12.3M | -5.94M | 1.4M | -20.72M | 21.74M | -11.77M | 14.87M | -22.73M | 4.04M | -5.15M | -14.59M | 25.14M | -16.97M | -7.88M | 38.9M |
| Change in Receivables | 9.21M | -9.07M | 273K | -5.74M | 2.44M | 2.87M | -4.03M | 3.86M | -4.18M | -3.32M | 3.71M | 5.49M | -2.92M | -2.28M | -4.77M | 2.81M | -2.43M | -4.62M | 1.2M | -1.46M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.91M | 0 |
| Change in Payables | 2.05M | -724K | -9.8M | 6.45M | 3.83M | -5.88M | 3.8M | 773K | -2.13M | 2.74M | -2.51M | -421K | -4.78M | 2M | 1.51M | 664K | -2.41M | -1.29M | -732K | 6.49M |
| Cash from Investing | -300.99M | 136.57M | -108.72M | -43.59M | -644.11M | 9.84M | -139.54M | -42.99M | -617.98M | -50.18M | 301.77M | 379.21M | -25.39M | 38.78M | -133.31M | -51.41M | -106.59M | -515.44M | -453.87M | -863.7M |
| Capital Expenditures | -17.94M | -1.49M | -14.59M | -2.79M | -9.01M | 0 | -17K | -5.53M | -16K | -5.47M | -6.05M | -1.09M | -10.06M | -1.78M | -6.14M | -4.47M | -1.29M | -1.06M | -4.35M | -3.11M |
| CapEx % of Revenue | 4.41% | 0.36% | 3.69% | 0.73% | 2.51% | 1.94% | 0% | 1.61% | 0.01% | 1.72% | 1.98% | 0.37% | 3.69% | 0.69% | 2.67% | 2.23% | 0.77% | 0.68% | 3.67% | 3.97% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.64M | 0 | 0 | -28.9M | 0 | 192K | 0 | -89K | -144.45M | -556.09M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -106.39M | 270.68M | -52.83M | 3.52M | -155.31M | 520M | -65.21M | -54.08M | -115.53M | 21.6M | -36.69M | -43.59M | -95.94M | 344K | -105.36M | -20.38M | -28.38M | -46.88M | -32.66M | -17.42M |
| Cash from Financing | -109.56M | -113.02M | 1.1M | 339.62M | -105.57M | 537.63M | -105.15M | -20.2M | -801.22M | 190.72M | -111.91M | 195.4M | -347.16M | 389.03M | -2.15M | 138.71M | -323.43M | 959.18M | 2.1B | 283.54M |
| Debt Issued (Net) | 0 | -33.46M | 150M | -743.63M | -906K | 744.54M | 0 | -222.26M | -665.93M | 0 | 0 | 0 | 22.5M | 37.5M | 0 | -2.5M | 0 | -2.63M | 562.7M | 0 |
| Equity Issued (Net) | -56.18M | -127.44M | -83.14M | -30M | 520K | -200M | -200M | 1.59M | 10.12M | -197.74M | -12.06M | -63.61M | -24M | 0 | 12.39M | 4.91M | -30K | -445K | 1.34B | 5.17M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -56.86M | -132.65M | -83.14M | -30M | 0 | -200M | -200M | 0 | 0 | -199.84M | -12.06M | -63.61M | -24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -53.38M | 47.89M | -65.75M | 1.11B | -105.19M | -6.91M | 94.85M | 200.47M | -145.41M | 388.45M | -99.85M | 259.01M | -345.66M | 351.53M | -14.55M | 136.3M | -323.4M | 962.25M | 199.81M | 278.37M |
| Net Change in Cash | -115.81M | 9.38M | -10.69M | 379.73M | -518.39M | 625.54M | -156.24M | 54.54M | -1.35B | 57.6M | 243.35M | 654.91M | -338.69M | 483.49M | -1.2M | 14.08M | -403.5M | 430.91M | 1.63B | -703.13M |
| Free Cash Flow | 128.49M | 103.83M | 82.26M | 68.48M | 93.39M | 85.75M | 81.54M | 73.09M | 62.2M | 74.21M | 47.61M | 72.88M | 23.97M | 47.7M | 12.01M | -14.94M | 22.77M | -16.07M | -25.48M | 14.68M |
| FCF Margin % | 31.6% | 25.04% | 20.79% | 17.86% | 26.07% | 23.65% | 22.75% | 21.27% | 19.26% | 23.3% | 15.61% | 24.62% | 8.8% | 18.35% | 5.22% | -7.46% | 13.64% | -10.27% | -21.53% | 18.75% |
| FCF Growth % | 37.58% | 21.07% | 0.88% | -6.31% | 50.14% | 15.55% | 71.26% | 0.29% | 159.49% | 55.58% | 296.38% | 587.73% | 5.29% | 396.75% | 147.14% | -201.79% | 522.88% | 7.17% | -197.52% | 311.1% |
| FCF per Share | 1.26 | 1.03 | 0.81 | 0.66 | 0.91 | 0.82 | 0.76 | 0.68 | 0.56 | 0.70 | 0.45 | 0.68 | 0.22 | 0.45 | 0.11 | -0.14 | 0.22 | -0.16 | -0.27 | 0.17 |
| FCF Conversion (FCF/Net Income) | 8.03x | -40.69x | -32.70x | -11.85x | -8.59x | 2.35x | 9.94x | 10.35x | 2.10x | -1.97x | -1.93x | -5.06x | -1.09x | -0.58x | -0.22x | 0.12x | -0.30x | 0.16x | 0.28x | -0.42x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |