BillionToOne, Inc.

BillionToOne, Inc.

BLLN
BillionToOne, Inc.US flagNASDAQ Global Select
99.50
USD
+3.35
- -
4.58BMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
19.22
9.39
Basic EPS, GAAP
- -
- -
0.47
0.89
Free Cash Flow per Basic Share
- -
- -
0.99
0.78
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
- -
10.48
11.46
Tangible Book Value per Share
- -
-0.01
10.47
11.46
Basic Weighted Avg Shares
39
39
16
42
Sales/Revenue/Turnover
- -
- -
305
397
Operating Margin (%)
- -
- -
5.25
10.9
Depreciation Expense
- -
- -
12
12
Net Income, GAAP
- -
- -
7
38
Effective Tax Rate (%)
- -
- -
3.93
0.51
Profit Margin (%)
- -
- -
2.44
9.49
Working Capital
- -
- -
513
596
LT Debt
- -
- -
103
137
Total Equity
- -
- -
480
537
Return on Invested Capital (%)
- -
- -
5.23
12.65
Return on Capital (%)
- -
- -
2.56
11.09
Return on Common Equity (%)
- -
- -
3.11
14.05

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
6
7
LT Borrowings
57
90
91
LT Finance Leases
46
48
46
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
46
46
47
Market Capitalization
3,749
3,630
5,618

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
561
624
651
Cash, Cash Equivalents & STI
496
537
549
Accounts Receivable, Net
42
61
75
Inventories
18
19
21
Total Current Liabilities
48
57
56
Payables & Accruals
18
19
28
ST Debt
6
6
7
Deferred Revenue
2
3
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38
45
- -
- -
- -
2025
59
67
84
96
305
2026
108
109
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.38
- -
- -
- -
- -
2025
-0.09
-0.01
0.13
0.19
0.47
2026
0.39
0.17
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Oguzhan Atay
Full Time Employees
713
Sector
Healthcare
Industry
Medical - Diagnostics & Research
Address
1035 O’Brien Drive Menlo Park CA United States of America 94025
IPO Date
Nov 6, 2025
Business
BillionToOne, Inc. (Nasdaq: BLLN) develops and commercializes precision molecular diagnostics using its proprietary Quantitative Counting Templates (QCT) platform, which enables single-molecule DNA counting for prenatal screening and oncology applications; primary products include UNITY Screen and UNITY Complete, non-invasive prenatal tests (NIPT) assessing fetal risks for aneuploidies, recessive conditions, and fetal antigens from a single maternal blood draw at 9+ weeks gestation; Northstar Select, a liquid biopsy test for therapy selection via detection of tumor mutations including deletions, insertions, and point mutations; and Northstar Response, a complementary liquid biopsy for real-time cancer burden monitoring through methylation assessment. The company operates primarily in the United States, targeting obstetricians, gynecologists, oncologists, and healthcare networks with broad payer coverage; it was founded in 2016 and maintains headquarters in Menlo Park, California. Recent developments encompass a $314 million upsized initial public offering completed in November 2025, with shares trading under BLLN; a $130 million oversubscribed Series D funding round in June 2024 achieving over $1 billion valuation; expanded Medicare access via MolDx approval for Northstar Select in April 2025; launch of a 14-gene UNITY Fetal Risk Screen in May 2025; surpassing 500 employees and one million UNITY tests by November 2024 and March 2025, respectively; and a global collaboration with Johnson & Johnson announced in December 2023 for UNITY Fetal Antigen in a Phase 3 trial of nipocalimab for hemolytic disease of the fetus and newborn.

Company News

  • BillionToOne to Participate in the Wells Fargo 21st Annual Healthcare Conference

  • BillionToOne Launches Northstar Origin, a New Liquid Biopsy Test to Help Identify Tissue of Origin

  • BillionToOne's Co-Founder Sells 10,000 Shares for $1 Million

  • /C O R R E C T I O N -- BillionToOne/

  • Largest Prospective Study in General-Risk Pregnancies Strengthens Evidence for cfDNA Fetal Risk Assessment as a Primary Screen for Recessive Conditions

  • Billiontoone, Inc. (NASDAQ:BLLN) Receives $126.71 Average PT from Brokerages

  • BillionToOne: A Softer Quarter After Heightened Expectations

  • BillionToOne (BLLN) Reports Q2 Earnings: What Key Metrics Have to Say

  • Billiontoone Q2 Earnings Call Highlights

  • BillionToOne Reports Second Quarter 2026 Results and Reiterates 2026 Revenue Guidance

  • BillionToOne Appoints Ethan Dmitrovsky, MD, as Chief Medical Officer, Oncology, to Lead Medical Strategy for Northstar

  • BillionToOne to Report Second Quarter 2026 Financial Results on August 5, 2026

  • A BillionToOne Insider Sold 801 Shares as Revenue Jumped 84%

  • Tom Gardner's Five Stocks for the Long Term: Big Diversification, AI Research, and Caution

  • Are Medical Stocks Lagging BillionToOne, Inc. (BLLN) This Year?

  • BillionToOne's Northstar Response® Is a Stronger Predictor of Immunotherapy Outcomes Than Standard-of-Care Imaging for Cancer Patients in Peer-Reviewed Study

  • BillionToOne's Northstar Response® Is a Stronger Predictor of Immunotherapy Outcomes Than Standard-of-Care Imaging for Cancer Patients in Peer-Reviewed Study

  • Is BillionToOne, Inc. (BLLN) Stock Outpacing Its Medical Peers This Year?

  • BillionToOne to Participate in the William Blair 46th Annual Growth Stock Conference

  • Baron Health Care Fund Q1 2026 Portfolio Activity