BillionToOne, Inc.

BLLN Healthcare Diagnostics & Research

BillionToOne, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $305.1 million, up 100.0% from fiscal 2024.

Revenue
+47.2%
EPS
+164.3%
Free cash flow
+9.25%
Total debt
+60.6%

Quarter to September 2026, against a year earlier

111.96 1.93 −1.69%
Market cap
$5.3B
P/E
88.7×
Fwd P/E
146×
Dividend yield
—
F-score
n/a
Altman Z
6.04
Beneish M
−2.03
Dividend safety
n/a

BillionToOne, Inc. (BLLN) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, BillionToOne, Inc. (BLLN) trades at a EV/EBITDA of 86.7×. Over the past ten years it has ranged from 20.7× (March 2026) to 608× (November 2025); the current reading is higher than 65% of that period. That is above the Diagnostics & Research industry median of 23.4× and above the Healthcare sector median of 8.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 30.8× (93.80%)
FY2024 497× 0.00%
FY2023 497× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 82.0× (10.78%)
Jun 2026 91.9× 38.95%
Mar 2026 66.1× 114.60%
Dec 2025 30.8× (93.80%)
4 more quarters

Against its own ten years

Low 20.7× High 608×
Ten-year median 75.3×
Current reading's percentile 65

EV/EBITDA against peers

Company EV/EBITDA
GRAL GRAIL, Inc. compare n/m
ADPT Adaptive Biotechnologies Corporation compare n/m
VCYT Veracyte, Inc. compare 11.8×
SHC Sotera Health Company compare 11.9×
QGEN QIAGEN N.V. compare 17.4×
RDNT RadNet, Inc. compare 21.8×
CDNA CareDx, Inc. compare 26.6×
BLLN BillionToOne, Inc. 86.7×
NEO NeoGenomics, Inc. compare 147×
Diagnostics & Research industry median 23.4×
Healthcare sector median 8.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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