BillionToOne (BLLN) Net Margin (2024 - 2026)
BillionToOne (BLLN) posted Net Margin of 7.36% for Q2 2026, up 7.73 percentage points from -0.37% a year earlier but down 9.22 percentage points from the prior quarter.
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Analysis
BillionToOne (BLLN) Net Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at BillionToOne was 7.56%, up 22.21 percentage points year-over-year; for FY2025, it was 0.96%, up 28.20 percentage points from FY2024.
- In prior years, BillionToOne's Net Margin was -27.24% in FY2024 (+88.03 pp) and -115.27% in FY2023.
- Quarterly Net Margin has run from a low of -38.79% in Q3 2024 to a high of 16.58% in Q1 2026 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last four quarters, with an average year-over-year change of +24.94 percentage points over the last four quarters.
- According to Business Quant data, Net Margin for the three prior quarters was 16.58% (Q1 2026), 2.64% (Q4 2025) and 1.80% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 8.40% |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 8.01% |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 14.68% |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | -35.87% |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 2.18% |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 4.49% |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | 1.48% |
| 10 | BillionToOne | 4.88 Bn | 3.10 Bn | 77.11 Mn | 7.36% |
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% |
API Access
BillionToOne Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BLLN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BLLN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BLLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();