BillionToOne Financial Statements
NASDAQ: BLLNHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
BillionToOne revenue and earnings
In fiscal 2025, BillionToOne generated $305.1 million in revenue, up 100.0% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $7.5 million, for a net margin of 2.4% versus a median of -71.3% in the prior 2 years. Gross margin was 68.3% (up from 53.0%) and operating margin 5.3%.
Diluted earnings per share came in at $0.14. Over the last 2 fiscal years, BLLN's revenue has grown at a 106.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
BillionToOne income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Revenue | 305.11M | 152.58M | 71.73M |
| Revenue growth (YoY) | +99.97% | +112.72% | — |
| Cost of Revenue | 96.65M | 71.67M | 54.42M |
| Gross Profit | 208.46M | 80.92M | 17.31M |
| Operating Expenses | 192.44M | 128.06M | 86.80M |
| Research & Development | 49.38M | 36.60M | 22.41M |
| Selling, General & Admin | 143.05M | 91.47M | 64.39M |
| Operating Income | 16.02M | -47.15M | -69.50M |
| Interest Expense | 95.00K | 2.39M | 3.27M |
| Other Income (Expense) | -8.26M | 5.61M | -13.18M |
| Pretax Income | 7.76M | -41.54M | -82.67M |
| Income Tax | 305.00K | 29.00K | 9.00K |
| Net Income | 7.45M | -41.57M | -82.68M |
| Net Income growth (YoY) | — | — | — |
| EPS (Basic) | 0.18 | -4.12 | -8.45 |
| EPS (Diluted) | 0.14 | -4.12 | -8.45 |
| Shares Outstanding (Basic) | 15.88M | 10.08M | 9.78M |
| Shares Outstanding (Diluted) | 21.23M | 10.08M | 9.78M |
| EBITDA | 22.92M | -40.15M | -63.59M |
| Gross Margin | 68.32% | 53.03% | 24.13% |
| Operating Margin | 5.25% | -30.90% | -96.89% |
| Net Margin | 2.44% | -27.24% | -115.27% |
This table shows 3 annual periods of BillionToOne's income statement, from FY 2025 back to FY 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BLLN's reporting calendar. What is a income statement?