BILL Holdings (BILL) Research & Development (2018 - 2026)
BILL Holdings' quarterly Research & Development came in at $74.4 million in Q1 2026, down 14.05% year-on-year from $86.5 million in Q1 2025, and down 10.17% quarter-over-quarter from $82.8 million in Q4 2025.
BILL Holdings has reported Research & Development for 9 years, with the latest figure at $74.4 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 14.05% year-over-year to $74.4 million; the trailing twelve-month figure through Mar 2026 stood at $327.5 million (down 0.63% YoY), and the FY2025 full-year result was $340.1 million, up 0.98% from the prior year.
- Research & Development for Q1 2026 stood at $74.4 million, down from $82.8 million in the prior quarter.
- The five-year high for Research & Development was $90.0 million in Q2 2025, with the low at $59.6 million in Q1 2022.
- Average Research & Development over 5 years is $79.7 million, with a median of $80.3 million recorded in 2025.
- Year-over-year, Research & Development surged 167.65% in 2022 and decreased 14.05% in 2026.
- Tracing BILL's Research & Development over 5 years: stood at $78.9 million in 2022, then rose by 9.6% to $86.5 million in 2023, then declined by 1.97% to $84.8 million in 2024, then dropped by 2.33% to $82.8 million in 2025, then slipped by 10.17% to $74.4 million in 2026.
- The last three Research & Development figures came in at $74.4 million (Q1 2026), $82.8 million (Q4 2025), and $80.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | BILL Holdings | 3.64 Bn | 1.46 Bn | 331.86 Mn | 74.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.39 Mn |
| Dec 31, 2025 | 82.81 Mn |
| Sep 30, 2025 | 80.29 Mn |
| Jun 30, 2025 | 90.05 Mn |
| Mar 31, 2025 | 86.54 Mn |
| Dec 31, 2024 | 84.78 Mn |
| Sep 30, 2024 | 78.69 Mn |
| Jun 30, 2024 | 79.61 Mn |
| Mar 31, 2024 | 81.59 Mn |
| Dec 31, 2023 | 86.49 Mn |
| Sep 30, 2023 | 89.07 Mn |
| Jun 30, 2023 | 81.84 Mn |
| Mar 31, 2023 | 78.76 Mn |
| Dec 31, 2022 | 78.91 Mn |
| Sep 30, 2022 | 75.12 Mn |
| Jun 30, 2022 | 66.91 Mn |
| Mar 31, 2022 | 59.65 Mn |
| Dec 31, 2021 | 51.38 Mn |
| Sep 30, 2021 | 41.88 Mn |
| Jun 30, 2021 | 28.95 Mn |
| Mar 31, 2021 | 22.29 Mn |
| Dec 31, 2020 | 20.49 Mn |
| Sep 30, 2020 | 17.79 Mn |
| Jun 30, 2020 | 14.93 Mn |
| Mar 31, 2020 | 13.97 Mn |
| Dec 31, 2019 | 12.99 Mn |
| Sep 30, 2019 | 11.52 Mn |
| Jun 30, 2019 | 9.45 Mn |
| Mar 31, 2019 | 7.90 Mn |
| Dec 31, 2018 | 6.15 Mn |
| Sep 30, 2018 | 5.42 Mn |