Bill Holdings R&D Expense History
BILL / Information Technology|8 years of SEC 10-K data (FY2018-FY2025)
$340M in FY2025 with a 5-year CAGR of +45.0%.
Improved from $315M to $340M over the past 2 years.
At $340M, Bill Holdings's r&d expense ranks #90 of 264 in the Information Technology sector. R&D Expense has increased for 7 consecutive years, from $18M in FY2018 to $340M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.58 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +15.7%
- 5-Year CAGR
- +45.0%
- 10-Year CAGR
- -
R&D Expense Trend
#90 of 264 in Information TechnologyTop 34% of 264This company $340.1M Sector average $1.0B
▼
-67.0% below sector average
Key Insights
- Bill Holdings's r&d expense has grown for 7 consecutive years.
- 5-year CAGR of +45.0%, indicating consistent growth.
- In FY2025, r&d expense increased 1.0% year-over-year.
- Ranks #90 out of 264 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $340.1M | +1.0% |
| FY2024 | $336.8M | +7.0% |
| FY2023 | $314.6M | +43.1% |
| FY2022 | $219.8M | +145.6% |
| FY2021 | $89.5M | +68.9% |
| FY2020 | $53.0M | +83.2% |
| FY2019 | $28.9M | +60.8% |
| FY2018 | $18.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026