BillionToOne Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	29.41	7.45	-41.57	-82.68
Depreciation & Amortization	6.86	6.91	7.04	5.87
Stock-Based Compensation	20.05	15.92	8.36	4.85
Other Adjustments	16.68	16.37	1.56	14.49
Change in Receivables	-31.72	-16.91	-15.62	-2.59
Changes in Inventories	-7.16	-8.81	-1.54	-1.41
Changes in Accounts Payable	0.24	1.78	0.88	0.15
Changes in Accrued Expenses	10.04	7.87	7.46	1.86
Changes in Unearned Revenue	0.19	0.67	-0.22	3.02
Changes in Other Operating Activities	-7.66	-6.65	-7.73	2.76
Operating Cash Flow	36.94	24.6	-41.38	-53.67
Capital Expenditures	-11.01	-8.88	-5.4	-6.17
Purchases of Intangible Assets	-	-0.04	-	-
Proceeds from Sale of Investments	-	-	-	90
Other Investing Activities	-	-	-0.03	-0.99
Investing Cash Flow	-11.01	-8.92	-5.43	82.84
Long-Term Debt Issued	30	-	49.78	15
Long-Term Debt Repaid	-	-	-36.69	-
Net Long-Term Debt Issued (Repaid)	30	-	13.09	15
Issuance of Common Stock	3.95	295.16	1.08	0.44
Repurchase of Common Stock	-	-	-0.55	-
Net Common Stock Issued (Repurchased)	3.95	295.16	0.54	0.44
Issuance of Preferred Stock	-	-	130	-
Net Preferred Stock Issued (Repurchased)	-	-	130	-
Other Financing Activities	-6.57	-6.34	-2.6	-2.04
Financing Cash Flow	27.38	288.83	141.02	13.41
Net Cash Flow	53.31	304.5	94.21	42.57
Free Cash Flow	25.94	15.71	-46.78	-59.85
Free Cash Flow Growth	65.06%	-	-	-
FCF Margin	7.32%	5.15%	-30.66%	-83.43%
Free Cash Flow Per Share	0.88	0.74	-4.64	-6.12
Levered Free Cash Flow	59.86	-3.59	-27.1	-48.66
Unlevered Free Cash Flow	28.4	9.54	-46.62	-63.41

SEC Filings: 10-K · 10-Q