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) Net margin

Alert me on Net margin

BillionToOne, Inc.'s net margin over the twelve months to 30 September 2026 was 11.2%, up 10.3 percentage points from fiscal 2025 (0.96%). That is above the Diagnostics & Research industry median of −4.10% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 0.96% 28.20
FY2024 −27.2% 88.03
FY2023 −115.3% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 14.1% 6.78
Jun 2026 7.36% (9.22)
Mar 2026 16.6% 10.70
Dec 2025 5.88% 4.08
4 more quarters

Net margin against peers

Company Net margin
CDNA CareDx, Inc. compare 25.9%
VCYT Veracyte, Inc. compare 21.8%
QGEN QIAGEN N.V. compare 19.5%
SHC Sotera Health Company compare 14.1%
BLLN BillionToOne, Inc. 11.2%
RDNT RadNet, Inc. compare −0.93%
NEO NeoGenomics, Inc. compare −4.10%
ADPT Adaptive Biotechnologies Corporation compare −23.7%
GRAL GRAIL, Inc. compare −243.8%
Diagnostics & Research industry median −4.10%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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