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BLLN (BillionToOne, Inc.) Stock Financials & Earnings | Market Cap Arena
BLLN
BillionToOne, Inc.
Mkt Cap
$3B
Healthcare
·
Medical - Diagnostics & Research
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$305M
Net Income (TTM)
$3M
EPS (TTM)
$0.04
Free Cash Flow (TTM)
-$4M
Gross Margin
68.3%
Op. Margin
5.3%
Net Margin
1.1%
FCF Margin
-1.3%
P/S Ratio (TTM)
10.7x
P/E Ratio (TTM)
1001.7x
YoY Rev Growth
+100.0%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 24
$33M
$16M
-$11M
Q2 24
$36M
$19M
-$12M
Q3 24
$38M
$20M
-$13M
Q4 24
$45M
$26M
-$12M
Q1 25
$59M
$38M
-$2M
Q2 25
$67M
$43M
-$2M
Q3 25
$84M
$58M
$10M
Q4 25
$96M
$69M
$10M
marketcaparena.com
Revenue Breakdown
BLLN
BillionToOne, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 24
—
—
Q2 24
—
—
Q3 24
—
—
Q4 24
21.3x
—
Q1 25
18.2x
—
Q2 25
15.6x
—
Q3 25
12.8x
—
Q4 25
10.7x
1001.7x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q4 24
-$8M
-$11M
Q1 25
$2M
-$707K
Q2 25
$2M
-$707K
Q3 25
$10M
$8M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q4 24
$2M
Q1 25
$3M
Q2 25
$3M
Q3 25
$2M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 25
+79.1%
+38.7%
Q2 25
+84.1%
+42.9%
Q3 25
+117.4%
+44.7%
Q4 25
+113.1%
+51.0%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q4 24
$2M
5.1%
Q1 25
$3M
4.3%
Q2 25
$3M
3.8%
Q3 25
$4M
5.4%
marketcaparena.com
OpEx Breakdown
R&D
SG&A
Quarter
R&D
SG&A
Q1 24
$7M
$20M
Q2 24
$9M
$21M
Q3 24
$10M
$23M
Q4 24
$11M
$26M
Q1 25
$10M
$30M
Q2 25
$12M
$33M
Q3 25
$13M
$36M
Q4 25
$14M
$44M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q4 24
$191M
$0
$191M
Q1 25
$189M
$0
$189M
Q2 25
$189M
$0
$189M
Q3 25
$195M
$0
$195M
Q4 25
$496M
$0
$496M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 24
45M
—
Q2 24
45M
+0.0%
Q3 24
45M
+0.0%
Q4 24
45M
+0.0%
Q1 25
45M
+0.0%
Q2 25
45M
+0.0%
Q3 25
45M
+0.0%
Q4 25
46M
+2.4%
marketcaparena.com