BILL Holdings 10-K: FY26 net loss $11.2M, $90.9M restructuring, $1B buyback
BILL sits 51% above its 52-week low of $31.41.
Summary
BILL Holdings' 10-K confirms a $11.2M FY26 net loss, $90.9M in restructuring charges, and a $1B buyback authorization. CEO and CFO adopted 10b5-1 plans to sell up to 792,583 shares combined.
Key Events · Earnings and Guidance · BILL
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FY26 Net Loss of $11.2M
Full-year revenue grew 13% to $1.653B, but the company swung to a net loss of $11.2M from a $23.8M profit in FY25, driven by $90.9M in restructuring charges and higher operating expenses.
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Restructuring Charges Total $90.9M
Three rounds of layoffs in FY26, including a 30% workforce reduction announced in May 2026, resulted in $90.9M of restructuring charges, with $56.2M still accrued as of June 30, 2026.
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$1B Buyback Authorization
Board authorized repurchase of up to $1.0B in shares in May 2026. Through June 30, 2026, 8.434M shares were repurchased for $300.5M, leaving $702.2M available.
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CEO and CFO Adopt 10b5-1 Plans
CEO Rene Lacerte adopted a plan to sell up to 710,541 shares and CFO Rohini Jain up to 82,042 shares, with expiration dates in September 2027.
Analysis · BILL · Technology
The annual report for fiscal 2026 confirms a net loss of $11.2 million on revenue of $1.65 billion. Restructuring charges of $90.9 million stem from three rounds of layoffs, including a 30% workforce reduction announced in May 2026. The balance sheet remains strong with $1.9 billion in cash and short-term investments, but the company carries $1.5 billion in convertible notes and $330 million drawn on credit facilities. The board authorized a $1.0 billion share repurchase program, of which $702 million remains available. CEO Rene Lacerte and CFO Rohini Jain adopted 10b5-1 trading plans covering 710,541 and 82,042 shares respectively, signaling planned insider sales over the next year.
How filings like this one have moved
In the 30 days to Nov 2, 2026, 32.7% of the 1912 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BILL was trading at $47.40 on NYSE in the Technology sector, with a market capitalization of approximately $4.7B. The 52-week trading range was $31.41 to $57.21. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.