BillionToOne (BLLN) Cost of Revenue (2024 - 2026)
BillionToOne's (BLLN) quarterly Cost of Revenue came in at $32.3 million in Q2 2026, up 39.96% year-over-year from $23.1 million in Q2 2025, and up 10.41% quarter-over-quarter from $29.3 million in Q1 2026.
Analysis
BillionToOne (BLLN) Cost of Revenue (2024 - 2026) Analysis & Trends
BillionToOne has disclosed Cost of Revenue across 3 years of filings, most recently posting $32.3 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 39.96% year-over-year to $32.3 million; the TTM figure through Jun 2026 stood at $114.2 million (up 39.83% YoY), while the FY2025 annual figure was $96.7 million, up 34.87% from the prior year.
- Cost of Revenue came in at $32.3 million for Q2 2026 at BillionToOne, up from $29.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $32.3 million in Q2 2026 to a low of $18.2 million in Q3 2024.
- Average Cost of Revenue over 3 years is $24.5 million, with a median of $24.1 million recorded in 2025.
- The largest YoY upside for Cost of Revenue was 41.8% in 2025 against a maximum downside of 37.92% in 2025.
- Over 3 years, Cost of Revenue stood at $19.4 million in 2024, then soared by 41.8% to $27.4 million in 2025, then advanced by 17.82% to $32.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $32.3 million in Q2 2026, $29.3 million in Q1 2026, and $27.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 266.60 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 2.02 Bn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 2.62 Bn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 115.95 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 108.23 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 81.33 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 143.41 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 32.34 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 20.17 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 60.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.34 Mn |
| Mar 31, 2026 | 29.29 Mn |
| Dec 31, 2025 | 27.45 Mn |
| Sep 30, 2025 | 25.11 Mn |
| Jun 30, 2025 | 23.11 Mn |
| Mar 31, 2025 | 20.99 Mn |
| Dec 31, 2024 | 19.36 Mn |
| Sep 30, 2024 | 18.20 Mn |