BillionToOne (BLLN) Net Margin (2024 - 2026)
BillionToOne's (BLLN) quarterly Net Margin came in at 7.36% in Q2 2026, up 773.0% year-over-year from 0.84% in Q2 2025, and down 55.61% quarter-over-quarter from 16.58% in Q1 2026.
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BillionToOne (BLLN) Net Margin (2024 - 2026) Analysis & Trends
BillionToOne has disclosed Net Margin across 3 years of filings, most recently posting 7.36% for Q2 2026.
- In Q2 2026, Net Margin rose 773.0% year-over-year to 7.36%; the TTM figure through Jun 2026 stood at 7.56% (up 2221.0% YoY), while the FY2025 annual figure was 0.96%, up 2820.0% from the prior year.
- Net Margin came in at 7.36% for Q2 2026 at BillionToOne, down from 16.58% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 16.58% in Q1 2026 to a low of 38.79% in Q3 2024.
- Average Net Margin over 3 years is 5.38%, with a median of 0.72% recorded in 2025.
- Year-over-year, Net Margin surged 4060 bps in 2025 and soared 773 bps in 2026.
- Over 3 years, Net Margin stood at 25.46% in 2024, then jumped by 110 bps to 2.64% in 2025, then surged by 179 bps to 7.36% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 7.36% in Q2 2026, 16.58% in Q1 2026, and 2.64% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -8.89% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 10.65% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 8.02% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -35.87% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 2.22% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -0.24% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 16.69% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 7.36% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -22.65% |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | -0.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.36% |
| Mar 31, 2026 | 16.58% |
| Dec 31, 2025 | 2.64% |
| Sep 30, 2025 | 1.80% |
| Jun 30, 2025 | -0.37% |
| Mar 31, 2025 | -6.76% |
| Dec 31, 2024 | -25.46% |
| Sep 30, 2024 | -38.79% |