BillionToOne, Inc. (BLLN)

BillionToOne Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	305.11	152.58	71.73
Revenue Growth (YoY)	99.97%	112.72%	-
Cost of Revenue	96.65	71.67	54.42
Gross Profit	208.46	80.92	17.31
Selling, General & Admin	143.05	91.47	64.39
Research & Development	49.38	36.6	22.41
Operating Expenses	192.44	128.06	86.8
Operating Income	16.02	-47.15	-69.5
Interest Expense	-0.1	-2.39	-3.27
Interest & Investment Income	7.75	5.82	3.46
Other Non Operating Income (Expenses)	-7.41	-1.15	-0.44
EBT Excluding Unusual Items	16.27	-44.86	-69.75
Other Unusual Items	-8.51	3.32	-12.92
Pretax Income	7.76	-41.54	-82.67
Income Tax Expense	0.31	0.03	0.01
Earnings From Continuing Operations	7.45	-41.57	-82.68
Minority Interest in Earnings	-4.54	-	-
Net Income	2.92	-41.57	-82.68
Net Income to Common	2.92	-41.57	-82.68
Shares Outstanding (Basic)	16	10	10
Shares Outstanding (Diluted)	21	10	10
Shares Change (YoY)	110.62%	3.04%	-
EPS (Basic)	0.18	-4.12	-8.45
EPS (Diluted)	0.14	-4.12	-8.45
Free Cash Flow	15.71	-46.78	-59.85
Free Cash Flow Per Share	0.74	-4.64	-6.12
Gross Margin	68.32%	53.03%	24.13%
Operating Margin	5.25%	-30.90%	-96.89%
Profit Margin	0.96%	-27.24%	-115.27%
Free Cash Flow Margin	5.15%	-30.66%	-83.43%
EBITDA	22.93	-40.11	-63.62
EBITDA Margin	7.52%	-26.28%	-88.70%
D&A For EBITDA	6.91	7.04	5.87
EBIT	16.02	-47.15	-69.5
EBIT Margin	5.25%	-30.90%	-96.89%
Effective Tax Rate	3.93%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q