Quick Answer
BILL Holdings, Inc. reported R&D Expense of $340.06 million for fiscal year 2025.
BILL Holdings, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $340.06M | +1.0% |
| 2024 | $336.75M | +7.0% |
| 2023 | $314.63M | +43.1% |
| 2022 | $219.82M | +145.6% |
| 2021 | $89.50M | +68.9% |
| 2020 | $53.00M | +83.2% |
| 2019 | $28.92M | +60.8% |
| 2018 | $17.99M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $82.81M | -2.3% | +3.1% |
| September 30, 2025 | $80.29M | +2.0% | -7.2% |
| March 31, 2025 | $86.54M | +6.1% | +2.1% |
| December 31, 2024 | $84.78M | -2.0% | +7.8% |
| September 30, 2024 | $78.69M | -11.7% | -3.6% |
| March 31, 2024 | $81.59M | +3.6% | -5.7% |
| December 31, 2023 | $86.49M | +9.6% | -2.9% |
| September 30, 2023 | $89.06M | +18.6% | +13.1% |
- BILL Holdings, Inc. showed an increase of +1.0% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2025 period, BILL Holdings, Inc.’s r&d expense has grown by 1790.7% (from $17.99 million to $340.06 million).
- The most recent figure is from BILL Holdings, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on August 28, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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