BillionToOne (BLLN) Net Margin (2024 - 2026)

BillionToOne (BLLN) posted Net Margin of 16.58% for Q1 2026, up 529.2% sequentially from 2.64% in Q4 2025, and up 2334.0% YoY from 0.68% in Q1 2025.

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

BillionToOne (BLLN) has 3 years of Net Margin data on file, last reported at 16.58% in Q1 2026.

  • Quarterly Net Margin rose 2334.0% year-over-year to 16.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.19% (changed N/A YoY) and the FY2025 annual result came in at 0.96%, up 2820.0% from the prior year.
  • Net Margin improved to 16.58% in Q1 2026 per BLLN's latest filing, from 2.64% in the prior quarter.
  • The five-year high for Net Margin was 16.58% in Q1 2026, with the low at 38.79% in Q3 2024.
  • Average Net Margin over 3 years is 8.33%, with a median of 2.48% recorded in 2025.
  • Year-over-year, Net Margin surged 4060 bps in 2025 and surged 2334 bps in 2026.
  • 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.
  • Business Quant data shows BLLN's Net Margin at 16.58% in Q1 2026, 2.64% in Q4 2025, and 1.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -5.68%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 15.06%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 17.29%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 24.41%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -12.22%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 18.47%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 3.40%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 12.28%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 17.89%
10 BillionToOne 5.62 Bn 5.08 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%