BILL Holdings (BILL) Research & Development (2018 - 2026)
BILL Holdings (BILL) posted Research & Development of $158.3 million for Q2 2026, up 3.33% on a QoQ basis from $153.2 million in Q1 2026, and up 6.91% year-over-year from $148.1 million in Q2 2025.
Analysis
BILL Holdings (BILL) Research & Development (2018 - 2026) Analysis & Trends
BILL Holdings has reported Research & Development for 9 years, with the latest figure at $158.3 million in Q2 2026.
- On a quarterly basis, Research & Development rose 6.91% year-over-year to $158.3 million in Q2 2026; TTM through Jun 2026 was $616.2 million, a 13.33% increase from a year earlier, with the FY2026 full-year figure at $616.2 million, up 13.33% from the prior year.
- Research & Development was $158.3 million for Q2 2026 at BILL Holdings, up from $153.2 million in the prior quarter.
- The five-year high for Research & Development was $164.7 million in Q4 2022, with the low at $81.1 million in Q1 2022.
- Average Research & Development over 5 years is $129.9 million, with a median of $125.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 264.09% in 2022, then retreated 28.16% in 2023.
- Over 5 years, Research & Development stood at $164.7 million in 2022, then declined by 28.16% to $118.3 million in 2023, then advanced by 12.03% to $132.5 million in 2024, then rose by 17.28% to $155.4 million in 2025, then rose by 1.86% to $158.3 million in 2026.
- The last three Research & Development figures came in at $158.3 million (Q2 2026), $153.2 million (Q1 2026), and $155.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 1.79 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 57.05 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 91.92 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 158.33 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 68.49 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 4.98 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.33 Mn |
| Mar 31, 2026 | 153.23 Mn |
| Dec 31, 2025 | 155.44 Mn |
| Sep 30, 2025 | 149.22 Mn |
| Jun 30, 2025 | 148.10 Mn |
| Mar 31, 2025 | 136.76 Mn |
| Dec 31, 2024 | 132.53 Mn |
| Sep 30, 2024 | 126.32 Mn |
| Jun 30, 2024 | 123.73 Mn |
| Mar 31, 2024 | 118.11 Mn |
| Dec 31, 2023 | 118.31 Mn |
| Sep 30, 2023 | 118.40 Mn |
| Jun 30, 2023 | 117.20 Mn |
| Mar 31, 2023 | 115.35 Mn |
| Dec 31, 2022 | 164.68 Mn |
| Sep 30, 2022 | 118.63 Mn |
| Jun 30, 2022 | 102.48 Mn |
| Mar 31, 2022 | 81.14 Mn |
| Dec 31, 2021 | 69.90 Mn |
| Sep 30, 2021 | 53.63 Mn |