State Ledger
Company profile

BillionToOne, Inc. CIK 2070849

Ticker
BLLN (Nasdaq)
Industry
Services-Medical Laboratories
Headquarters
Menlo Park, CA
Fiscal year end
2025 (FY)
Market Data
Close
$98.15
Change
+$2.87
Change %
3.01%
Volume
7,040

BLLN · trading date Oct 9, 2026 · previous close $95.28 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$305.11M
Net income
$7.45M
Total assets
$632.65M
Total liabilities
$152.55M
Stockholders' equity
$480.11M
Cash & equivalents
$495.98M
Operating income
$16.02M
Operating cash flow
$24.60M
Capital expenditures
$8.88M

Fiscal year 2025, via 10-K filed 2026-03-11. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
5.3%
Net margin
2.4%
Free cash flow
$15.71M
Free cash flow margin
5.2%
Liabilities / assets
24.1%
Equity / assets
75.9%
CapEx / revenue
2.9%
Operating cash flow / net income
3.30×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $305.11M $7.45M $632.65M $152.55M $480.11M
2024 $152.58M -$41.57M $302.06M $134.31M -$251.66M
2023 $71.73M -$82.68M — — -$219.05M
Company Details
SIC code
8071
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 144
2026-09-17
Financials filed via
Form 10-K
filed 2026-03-11

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Menlo Park, CA
1035 O'BRIEN DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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