Bill.com Holdings, Inc. (BILL) Balance Sheet
BILL balance sheet, FY2026
June 30, 2026 · U.S. dollars$10.22B assets = $6.69B liabilities + $3.53B equity
Both columns are drawn to the same scale: what BILL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BILL financial health
Current ratio1.51
Comfortable · current assets cover current liabilities 1.51×
Debt / equity0.54
Moderate leverage · $0.54 of debt for each $1 of equity
Equity / assets34.6%
Balanced · of assets funded by shareholders
Cash / debt102.1%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles25.0%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
BILL balance sheet trends, FY2018–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.03BFY2018 | $10.22BFY2026 | +33.2%/yr | |
| Total liabilities | $1.13BFY2018 | $6.69BFY2026 | +24.9%/yr | |
| Shareholders’ equity | $89.2MFY2018 | $3.53BFY2026 | +58.4%/yr | |
| Cash & short-term investments | $92.3MFY2018 | $1.94BFY2026 | +46.3%/yr | |
| Total debt | $9.5MFY2018 | $1.90BFY2026 | +93.9%/yr | |
| Net cash (debt) | $82.8MFY2018 | $40.0MFY2026 | −$42.8M | |
| Working capital | $88.1MFY2018 | $2.51BFY2026 | +$2.4B | |
| Book value per share | $1.08FY2018 | $35.33FY2026 | +54.6%/yr | |
| Current ratio | 1.09FY2018 | 1.51FY2026 | +0.41 | |
| Debt / equity | 0.11FY2018 | 0.54FY2026 | +0.43 | |
| Shares outstanding | 82.4MFY2018 | 99.9MFY2026 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BILL assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
BILL liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
BILL debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BILL balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $1.94B | $2.32B | $1.59B | $2.66B | $2.71B | $1.16B | $697.6M | $162.3M | $92.3M |
| Cash & equivalents | $1.03B | $1.14B | $985.9M | $1.62B | $1.60B | $509.6M | $573.6M | $90.3M | $22.4M |
| Short-term investments | $906.5M | $1.18B | $601.5M | $1.04B | $1.11B | $655.3M | $124.0M | $72.0M | $69.9M |
| Receivables | $862.4M | $717.4M | $725.3M | $486.9M | $280.4M | $165.3M | $10.8M | $9.2M | $5.3M |
| Inventory | $0 | $0 | −$65.0M | $3.36B | $3.14B | −$155.2M | −$6.5M | $1 | $0 |
| Other current assets | $4.64B | $4.20B | $4.07B | $170.1M | $151.3M | $2.43B | $1.68B | $1.34B | $921.1M |
| Total current assets | $7.44B | $7.24B | $6.31B | $6.67B | $6.28B | $3.61B | $2.38B | $1.51B | $1.02B |
| Property, plant & equipment (net) | $192.8M | $172.7M | $147.4M | $150.6M | $133.4M | $120.8M | $13.9M | $6.6M | $5.9M |
| Goodwill & intangible assets | $2.56B | $2.62B | $2.68B | $2.76B | $2.80B | $2.19B | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $31.6M | $33.2M | $38.6M | $54.4M | $47.7M | $52.9M | $10.7M | $6.6M | $4.6M |
| Total assets | $10.22B | $10.06B | $9.18B | $9.64B | $9.26B | $5.97B | $2.40B | $1.53B | $1.03B |
| Liabilities | |||||||||
| Accounts payable | $9.6M | $16.3M | $7.4M | $8.5M | $9.9M | $11.9M | $3.5M | $5.1M | $2.0M |
| Short-term debt | $136.0M | $213.4M | $13.0M | $135.0M | $75.1M | — | $2.3M | $231,000 | $3.9M |
| Deferred revenue | $19.4M | $22.4M | $3.72B | $3.38B | $3.17B | $2.22B | $1.65B | $1.33B | $918.3M |
| Total current liabilities | $4.92B | $4.59B | $4.06B | $3.75B | $3.41B | $2.33B | $1.68B | $1.35B | $930.6M |
| Long-term debt | $1.71B | $1.50B | $914.0M | $1.70B | $1.70B | $989.4M | $0 | $0 | $5.8M |
| Lease obligations | $48.5M | $58.4M | $62.8M | $72.5M | $82.7M | $86.6M | $1.1M | $494,000 | $193,000 |
| Other long-term liabilities | $49.6M | $60.2M | $67.6M | $91.8M | $105.7M | $124.5M | $16.4M | $279.5M | $194.8M |
| Total liabilities | $6.69B | $6.15B | $5.04B | $5.55B | $5.21B | $3.44B | $1.69B | $1.63B | $1.13B |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$2.09B | −$1.51B | −$1.10B | −$856.2M | −$544.8M | −$247.5M | −$148.7M | −$117.7M | −$110.3M |
| Accumulated other comprehensive income | −$6.4M | $10.2M | −$1.9M | −$4.5M | −$10.2M | −$100,000 | $2.4M | $326,000 | −$177,000 |
| Total shareholders' equity | $3.53B | $3.91B | $4.13B | $4.09B | $4.04B | $2.53B | $710.7M | $174.3M | $89.2M |
| Key figures | |||||||||
| Total debt | $1.90B | $1.77B | $976.8M | $1.91B | $1.86B | $1.08B | $2.3M | $494,000 | $9.5M |
| Net cash (debt) | $40.0M | $547.2M | $610.6M | $748.0M | $849.2M | $88.9M | $695.3M | $161.8M | $82.8M |
| Working capital | $2.51B | $2.65B | $2.25B | $2.92B | $2.87B | $1.28B | $702.6M | $163.7M | $88.1M |
| Tangible book value | $971.9M | $1.29B | $1.46B | $1.33B | $1.25B | $340.2M | $710.7M | $174.3M | $89.2M |
| Book value per share | $35.33 | $37.67 | $38.96 | $38.56 | $39.74 | $30.55 | $8.10 | $2.41 | $1.08 |
| Shares outstanding | 99.9M | 103.9M | 106.1M | 106.0M | 101.8M | 82.8M | 87.8M | 72.3M | 82.4M |
| Current ratio | 1.51 | 1.58 | 1.55 | 1.78 | 1.84 | 1.55 | 1.42 | 1.12 | 1.09 |
| Quick ratio | 0.57 | 0.66 | 0.57 | 0.84 | 0.88 | 0.57 | 0.42 | 0.13 | 0.10 |
| Debt / equity | 0.54 | 0.45 | 0.24 | 0.47 | 0.46 | 0.43 | 0.00 | 0.00 | 0.11 |
| Equity / assets | 34.6% | 38.9% | 45.0% | 42.4% | 43.7% | 42.4% | 29.6% | 11.4% | 8.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.94B | $2.17B | $2.37B | $2.31B | $2.32B | $2.17B | $2.21B | $1.47B | $1.59B | $1.79B | $2.55B | $2.65B |
| Cash & equivalents | $1.03B | $994.7M | $1.22B | $1.10B | $1.14B | $1.05B | $1.57B | $853.5M | $985.9M | $952.5M | $1.58B | $1.53B |
| Short-term investments | $906.5M | $1.18B | $1.15B | $1.22B | $1.18B | $1.13B | $644.7M | $619.6M | $601.5M | $837.1M | $972.6M | $1.12B |
| Receivables | $862.4M | $851.5M | $791.5M | $770.9M | $717.4M | $732.2M | $610.6M | $660.2M | $725.3M | $671.8M | $543.6M | $576.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $3.66B | $3.26B |
| Other current assets | $4.64B | $4.26B | $4.17B | $4.24B | $4.20B | $3.90B | $4.02B | $4.07B | $4.00B | $3.77B | $204.7M | $195.0M |
| Total current assets | $7.44B | $7.28B | $7.33B | $7.33B | $7.24B | $6.80B | $6.84B | $6.20B | $6.31B | $6.23B | $6.96B | $6.68B |
| Property, plant & equipment (net) | $192.8M | $188.5M | $179.0M | $183.0M | $172.7M | $162.9M | $154.6M | $147.4M | $147.4M | $148.8M | $150.1M | $151.9M |
| Goodwill & intangible assets | $2.56B | $2.57B | $2.59B | $2.60B | $2.62B | $2.63B | $2.65B | $2.66B | $2.68B | $2.70B | $2.72B | $2.74B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $31.6M | $32.7M | $33.0M | $34.2M | $33.2M | $31.4M | $30.0M | $32.1M | $38.6M | $47.7M | $48.8M | $48.7M |
| Total assets | $10.22B | $10.08B | $10.13B | $10.15B | $10.06B | $9.63B | $9.67B | $9.05B | $9.18B | $9.12B | $9.87B | $9.62B |
| Liabilities | ||||||||||||
| Accounts payable | $9.6M | $7.1M | $5.0M | $7.0M | $16.3M | $9.3M | $5.7M | $11.2M | $7.4M | $6.8M | $8.8M | $6.5M |
| Short-term debt | $136.0M | — | — | $33.4M | $226.3M | $33.4M | $33.4M | — | $13.0M | — | $135.0M | $135.0M |
| Deferred revenue | $19.4M | $4.02B | $20.9M | $4.00B | $22.4M | $3.68B | $3.79B | $3.81B | $3.72B | $3.53B | $3.67B | $3.28B |
| Total current liabilities | $4.92B | $4.39B | $4.43B | $4.38B | $4.59B | $4.02B | $4.12B | $4.06B | $4.06B | $3.83B | $4.12B | $3.70B |
| Long-term debt | $1.71B | $1.83B | $1.83B | $1.83B | $1.50B | $1.68B | $1.68B | $914.8M | $914.0M | $1.15B | $1.71B | $1.71B |
| Lease obligations | $48.5M | $51.0M | $53.5M | $55.9M | $58.4M | $60.7M | $63.4M | $60.6M | $62.8M | $65.0M | $67.7M | $70.0M |
| Other long-term liabilities | $49.6M | $55.5M | $55.8M | $58.0M | $60.2M | $64.8M | $64.1M | $61.3M | $67.6M | $90.8M | $94.2M | $95.3M |
| Total liabilities | $6.69B | $6.28B | $6.32B | $6.27B | $6.15B | $5.76B | $5.86B | $5.03B | $5.04B | $5.06B | $5.92B | $5.50B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Retained earnings (deficit) | −$2.09B | −$1.77B | −$1.73B | −$1.60B | −$1.51B | −$1.47B | −$1.46B | −$1.29B | −$1.10B | −$1.10B | −$1.14B | −$900.1M |
| Accumulated other comprehensive income | −$6.4M | $2.0M | $13.8M | $13.2M | $10.2M | $7.3M | −$239,000 | $9.1M | −$1.9M | −$1.5M | $237,000 | −$3.8M |
| Total shareholders' equity | $3.53B | $3.80B | $3.81B | $3.88B | $3.91B | $3.87B | $3.81B | $4.01B | $4.13B | $4.06B | $3.95B | $4.12B |
| Key figures | ||||||||||||
| Total debt | $1.90B | $1.89B | $1.94B | $1.92B | $1.79B | $1.77B | $1.78B | $975.4M | $976.8M | $1.21B | $1.91B | $1.91B |
| Net cash (debt) | $40.0M | $287.5M | $427.2M | $393.2M | $534.3M | $399.2M | $435.7M | $497.7M | $610.6M | $578.3M | $641.3M | $735.1M |
| Working capital | $2.51B | $2.90B | $2.90B | $2.95B | $2.65B | $2.79B | $2.72B | $2.15B | $2.25B | $2.40B | $2.84B | $2.98B |
| Tangible book value | $971.9M | $1.23B | $1.22B | $1.28B | $1.29B | $1.24B | $1.16B | $1.35B | $1.46B | $1.36B | $1.23B | $1.38B |
| Book value per share | $35.33 | $37.17 | $37.61 | $38.09 | $37.92 | $37.86 | $36.46 | $37.39 | $38.52 | $36.51 | $37.31 | $38.55 |
| Shares outstanding | 99.9M | 102.3M | 101.2M | 101.9M | 103.2M | 102.2M | 104.5M | 107.3M | 107.3M | 111.2M | 105.9M | 106.8M |
| Current ratio | 1.51 | 1.66 | 1.65 | 1.67 | 1.58 | 1.69 | 1.66 | 1.53 | 1.55 | 1.63 | 1.69 | 1.81 |
| Quick ratio | 0.57 | 0.69 | 0.71 | 0.70 | 0.66 | 0.72 | 0.68 | 0.53 | 0.57 | 0.64 | 0.75 | 0.87 |
| Debt / equity | 0.54 | 0.50 | 0.51 | 0.49 | 0.46 | 0.46 | 0.47 | 0.24 | 0.24 | 0.30 | 0.48 | 0.46 |
| Equity / assets | 34.6% | 37.7% | 37.6% | 38.2% | 38.9% | 40.2% | 39.4% | 44.4% | 45.0% | 44.5% | 40.0% | 42.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 20, 2026); data from EODHD.
BILL financial position
At the end of fiscal 2026 (June 30, 2026), Bill.com had total assets of $10.2 billion (up 1.5% from a year earlier), total liabilities of $6.7 billion and shareholders' equity of $3.5 billion. It held $1.9 billion in cash and short-term investments against $1.9 billion of debt, a net cash position of $40.0 million. Its current ratio was 1.51.
Related: BILL income statement, BILL cash flow statement, BILL key metrics. See the BILL stock overview for the latest quote and news.
BILL balance sheet FAQ
What are Bill.com's total assets?
Bill.com reported total assets of $10.2 billion at the end of fiscal 2026 (June 30, 2026), compared with $10.1 billion a year earlier.
How much debt does Bill.com have?
Bill.com had $1.9 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.54.
How much cash does Bill.com have?
Bill.com held $1.9 billion in cash and short-term investments at the end of fiscal 2026; with $1.9 billion of debt that is net cash of $40.0 million.
What is Bill.com's book value?
Bill.com's shareholders' equity (book value) was $3.5 billion at the end of fiscal 2026, or $35.33 per share.
What is Bill.com's current ratio?
Bill.com had current assets of $7.4 billion and current liabilities of $4.9 billion, a current ratio of 1.51 (it can cover its short-term obligations).
How much goodwill does Bill.com have?
Bill.com carried $2.6 billion of goodwill and intangible assets, 25.0% of total assets, at the end of fiscal 2026.