BILL.STBILL.STSTO
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Cost of Revenue Over TimeStrong
Percentile Rank86
3Y CAGR+2.7%
5Y CAGR+11.0%
Studio
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+2.7%/yr
vs +13.3%/yr prior
5Y CAGR
+11.0%/yr
Recent deceleration
Acceleration
-10.5pp
Decelerating
Percentile
P86
Within normal range
vs 5Y Ago
1.7x
Solid growth
Streak
2 yr
Consecutive declineStrong
PeriodValueYoY Change
2025$21.15B-5.1%
2024$22.28B-0.3%
2023$22.36B+14.6%
2022$19.51B+51.9%
2021$12.84B+2.3%
2020$12.55B-3.5%
2019$13.01B+9.7%
2018$11.86B+10.9%
2017$10.69B+5.6%
2016$10.13B-