| Schedule of Subscription and Transaction Fees Disaggregated by Customer Category |
The table below shows the Company’s revenue from subscription and transaction fees, which are disaggregated by solutions, and revenue from interest on funds held for customers (in thousands). | | | | | | | | | | | | | | | | | | | June 30, | | 2026 | | 2025 | | 2024 | | BILL AP/AR | $ | 740,116 | | | $ | 667,782 | | | $ | 595,408 | | | BILL Spend and Expense | 675,552 | | | 555,016 | | | 457,309 | | | Integrated platform | 1,415,668 | | | 1,222,798 | | | 1,052,717 | | | Embedded Solutions and Other | 89,081 | | | 78,006 | | | 70,016 | | | Total subscription and transaction fees | 1,504,749 | | | 1,300,804 | | | 1,122,733 | | | Interest on funds held for customers | 148,411 | | | 161,766 | | | 167,439 | | Total revenue (1) | $ | 1,653,160 | | | $ | 1,462,570 | | | $ | 1,290,172 | |
(1) Total revenue includes interest on funds held for customers, accretion of discount, interest income on loans held for investment, and fees earned on acquired card receivables in the amount of $190.2 million, $195.4 million, and $184.0 million during the years ended June 30, 2026, 2025, and 2024, respectively, such revenue is excluded from the scope of ASC 606.
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| Schedule of Deferred Costs |
Deferred costs consisted of the following as of the dates presented (in thousands): | | | | | | | | | | | | | June 30, | | 2026 | | 2025 | | Deferred sales commissions: | | | | | Current | $ | 10,842 | | | $ | 10,094 | | | Non-current | 16,687 | | | 16,237 | | | Total deferred sales commissions | $ | 27,529 | | | $ | 26,331 | | | Deferred service costs: | | | | | Current | $ | 1,130 | | | $ | 627 | | | Non-current | 1,341 | | | 2,418 | | | Total deferred service costs | $ | 2,471 | | | $ | 3,045 | |
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