GURUFOCUS.COM » STOCK LIST » Technology » Software » BILL Holdings Inc (NYSE:BILL) » Definitions » Gross Profit

BILL (BILL Holdings) Gross Profit : $1,136 Mil (TTM As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is BILL Holdings Gross Profit?

BILL Holdings's gross profit for the three months ended in Dec. 2024 was $296 Mil. BILL Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,136 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BILL Holdings's gross profit for the three months ended in Dec. 2024 was $296 Mil. BILL Holdings's Revenue for the three months ended in Dec. 2024 was $363 Mil. Therefore, BILL Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 81.63%.

BILL Holdings had a gross margin of 81.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of BILL Holdings was 81.88%. The lowest was 70.13%. And the median was 75.16%.


BILL Holdings Gross Profit Historical Data

The historical data trend for BILL Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BILL Holdings Gross Profit Chart

BILL Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial 118.46 176.46 496.96 864.49 1,055.56

BILL Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.12 268.02 278.46 293.75 295.95

Competitive Comparison of BILL Holdings's Gross Profit

For the Software - Application subindustry, BILL Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BILL Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, BILL Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where BILL Holdings's Gross Profit falls into.


;
;

BILL Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

BILL Holdings's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=1290.172 - 234.616
=1,056

BILL Holdings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=362.554 - 66.608
=296

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,136 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

BILL Holdings's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=296 / 362.554
=81.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


BILL Holdings  (NYSE:BILL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BILL Holdings had a gross margin of 81.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage


BILL Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of BILL Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


BILL Holdings Business Description

Traded in Other Exchanges
Address
6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Executives
Germaine Cota officer: SVP, Finance & Accounting 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
Rajesh A. Aji officer: General Counsel & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Alison Wagonfeld director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Brian Jacobs director
John R. Rettig officer: CFO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Rene A. Lacerte director, officer: President and CEO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Loren Padelford officer: CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Steven Cakebread director YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
Bora Chung officer: SVP of Products C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Blake Thomas Murray officer: CEO, DivvyPay, LLC C/O BILL.COM HOLDINGS, INC., 6220 AMERICA CENTER DRIVE, SUITE 100, SAN JOSE CA 95002
Tina Reich director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Allison Mnookin director C/O INTUIT, 150 CAMBRIDGE PARK DRIVE, CAMBRIDGE MA 02140

BILL Holdings Headlines