BillionToOne Income 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
Revenue	354.54	305.11	152.58	71.73
Revenue Growth	98.49%	99.97%	112.72%	-
Cost of Revenue	104.96	96.65	71.67	54.42
Gross Profit	249.58	208.46	80.92	17.31
Selling, General & Admin	159.76	143.05	91.47	64.39
Research & Development	53.65	49.38	36.6	22.41
Total Operating Expenses	213.41	192.44	128.06	86.8
Operating Income	36.17	16.02	-47.15	-69.5
Interest Income	10.89	7.75	5.82	3.46
Interest Expense	-0.07	-0.1	-2.39	-3.27
Other Non-Operating Income (Expense)	-9.39	-15.92	3.01	-0.44
Total Non-Operating Income (Expense)	1.43	-8.26	6.44	-0.26
Pretax Income	37.61	7.76	-40.71	-69.75
Provision for Income Taxes	-0.74	-0.31	-0.03	-0.01
Net Income	38.35	8.06	-40.68	-69.74
Minority Interest in Earnings	-	4.54	-	-
Net Income to Common	38.35	3.53	-40.68	-69.74
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	25	16	10	10
Shares Outstanding (Diluted)	30	21	10	10
Shares Change	191.39%	110.62%	3.04%	-
EPS (Basic)	1.55	0.18	-4.12	-8.45
EPS (Diluted)	1.30	0.14	-4.12	-8.45
EPS Growth	-	-	-	-
Free Cash Flow	25.94	15.71	-46.78	-59.85
Free Cash Flow Growth	-	-	-	-
Free Cash Flow Per Share	0.88	0.74	-4.64	-6.12
Gross Margin	70.40%	68.32%	53.03%	24.13%
Operating Margin	10.20%	5.25%	-30.90%	-96.89%
Profit Margin	10.82%	2.64%	-26.66%	-97.23%
FCF Margin	7.32%	5.15%	-30.66%	-83.43%
EBITDA	43.03	22.93	-40.11	-63.62
EBITDA Margin	12.14%	7.52%	-26.28%	-88.70%
EBIT	36.17	16.02	-47.15	-69.5
EBIT Margin	10.20%	5.25%	-30.90%	-96.89%
Effective Tax Rate	-1.98%	-3.93%	0.07%	0.01%

SEC Filings: 10-K · 10-Q