Bill Com Holdings Inc (BILL)

Gross profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Gross profit US$ in thousands 1,190,470 1,055,560 864,491 496,955 176,459
Revenue US$ in thousands 1,462,570 1,290,170 1,058,470 641,959 238,265
Gross profit margin 81.40% 81.82% 81.67% 77.41% 74.06%

June 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,190,470K ÷ $1,462,570K
= 81.40%

The gross profit margin of Bill Com Holdings Inc has exhibited a noticeable upward trend over the period from June 30, 2021, to June 30, 2025. Starting at 74.06% in 2021, the margin increased to 77.41% in 2022, indicating an improvement in the company's ability to generate gross profit from its sales relative to its cost of goods sold. This upward trajectory continued, with the margin rising to 81.67% in 2023, further strengthening the company's profitability at the gross level. The margin persisted at a similar high level, reaching 81.82% in 2024, suggesting sustained efficiency in cost management or pricing strategies. In 2025, the gross profit margin slightly declined to 81.40%, but remained close to the previous year's figure, indicating stability in gross profitability. Overall, the trend reflects an enhancement in gross profitability margins over the analyzed period, which could be attributed to improved operational efficiencies, better pricing strategies, or a favorable product mix.