BillionToOne (BLLN) Net Margin (2024 - 2026)

BillionToOne's (BLLN) quarterly Net Margin came in at 16.58% in Q1 2026, up 2334.0% year-on-year from 0.68% in Q1 2025, and up 529.2% quarter-over-quarter from 2.64% in Q4 2025.

BillionToOne (BLLN) Net Margin (2024 - 2026) Analysis & Trends

BillionToOne has disclosed Net Margin across 3 years of filings, most recently posting 16.58% for Q1 2026.

  • Net Margin for Q1 2026 came in at 16.58%, up 2334.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.19% (changed N/A YoY), and the FY2025 annual result was 0.96%, up 2820.0% from the prior year.
  • Net Margin came in at 16.58% for Q1 2026 at BillionToOne, up from 2.64% 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.
  • The 3-year median for Net Margin is 2.48% (2025), against an average of 8.33%.
  • Across the five-year window, Net Margin jumped 4060 bps in 2025 and jumped 2334 bps in 2026, its largest moves.
  • BillionToOne's Net Margin stood at 25.46% in 2024, then jumped by 110 bps to 2.64% in 2025, then jumped by 529 bps to 16.58% in 2026.
  • The last three Net Margin figures came in at 16.58% (Q1 2026), 2.64% (Q4 2025), and 1.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -5.68%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 15.06%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 17.29%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 24.41%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 18.47%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 3.40%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -12.22%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 12.28%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 17.89%
10 BillionToOne 4.33 Bn 3.79 Bn 79.10 Mn 16.58%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.58%
Dec 31, 2025 2.64%
Sep 30, 2025 1.80%
Mar 31, 2025 -6.76%
Dec 31, 2024 -25.46%
Sep 30, 2024 -38.79%