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BillionToOne $BLLN

Health Care

California

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$108.86

+2.96 (+2.80%)

As of Oct 5, 2026, 3:41 PM EDT

Price history

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BillionToOne (BLLN) is trading up at $108.86 (+2.80%), as of the latest quote. It operates in the Health Care sector.

IPO: November 6, 2025 · $60.00 offering · NASDAQ · View IPO details →

BillionToOne revenue & net income history (FY2023–FY2025)

RevenueNet income

BillionToOne annual financial statements
	FY2023Dec 2023	FY2024Dec 2024	FY2025Dec 2025
Income statement
Revenue	$71.7M	$152.6M	$305.1M
Growth (year over year)	—	+112.7%	+100.0%
Gross profit	$17.3M	$80.9M	$208.5M
Gross margin	24.1%	53.0%	68.3%
Operating income	−$69.5M	−$47.1M	$16.0M
Operating margin	−96.9%	−30.9%	5.3%
Net income	−$82.7M	−$41.6M	$7.45M
Net margin	−115.3%	−27.2%	2.4%
EPS (diluted)	−$8.45	−$4.12	$0.14
Balance sheet
Cash and equivalents	$97.3M	$191.5M	$496.0M
Total assets	—	$302.1M	$632.7M
Total liabilities	—	$134.3M	$152.5M
Long-term debt	—	$51.5M	$57.2M
Shareholders' equity	−$219.1M	−$251.7M	$480.1M
Cash flow
Operating cash flow	−$53.7M	−$41.4M	$24.6M
Capital expenditure	$6.17M	$5.40M	$8.88M
Free cash flow	−$59.8M	−$46.8M	$15.7M
Share buybacks	$0	$546.0K	$0

RevenueNet income

BillionToOne quarterly financial statements
	Q3 FY24Sep 2024	Q4 FY24^†Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25^†Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Income statement
Revenue	$38.4M	$45.1M	$59.0M	$66.6M	$83.5M	$96.1M	$108.4M	$109.4M
Growth (year over year)	—	—	—	—	+117.4%	+113.1%	+83.8%	+64.4%
Gross profit	$20.2M	$25.7M	$38.0M	$43.5M	$58.4M	$68.6M	$79.1M	$77.1M
Gross margin	52.6%	57.1%	64.4%	65.3%	69.9%	71.4%	73.0%	70.5%
Operating income	−$12.6M	−$11.7M	−$2.31M	−$1.63M	$9.63M	$10.3M	$17.8M	$5.50M
Operating margin	−32.9%	−25.9%	−3.9%	−2.4%	11.5%	10.8%	16.5%	5.0%
Net income	−$14.9M	−$11.5M	−$3.99M	−$246.0K	$5.71M	$5.98M	$18.0M	$8.05M
Net margin	−38.8%	−25.5%	−6.8%	−0.4%	6.8%	6.2%	16.6%	7.4%
EPS (diluted)	−$1.47	−$1.13	−$0.39	−$0.02	$0.10	$0.45	$0.34	$0.15
Balance sheet
Cash and equivalents	$202.3M	$191.5M	$191.6M	$189.0M	$195.2M	$496.0M	$537.5M	$548.6M
Total assets	—	$302.1M	—	—	$327.5M	$632.7M	$700.7M	$729.7M
Total liabilities	—	$134.3M	—	—	$147.6M	$152.5M	$195.1M	$192.9M
Long-term debt	—	$51.5M	—	—	$55.0M	$57.2M	$90.0M	$91.0M
Shareholders' equity	−$242.9M	−$251.7M	−$252.9M	−$250.3M	−$239.5M	$480.1M	$505.6M	$536.8M
Cash flow
Operating cash flow	—	−$8.42M	$2.63M	$1.18M	$10.00M	$10.8M	$15.4M	$9.14M
Capital expenditure	—	$2.07M	$2.35M	$2.87M	$2.12M	$1.54M	$4.47M	$4.05M
Free cash flow	—	−$10.5M	$278.0K	−$1.69M	$7.87M	$9.26M	$11.0M	$5.09M
Share buybacks	—	$0	—	—	—	$0	—	—

From BillionToOne's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →