BillionToOne (BLLN) Operating Expenses (2024 - 2026)

BillionToOne (BLLN) posted Operating Expenses of $61.3 million for Q1 2026, up 5.13% sequentially from $58.3 million in Q4 2025, and up 52.06% YoY from $40.3 million in Q1 2025.

BillionToOne (BLLN) Operating Expenses (2024 - 2026) Analysis & Trends

BillionToOne (BLLN) has 3 years of Operating Expenses data on file, last reported at $61.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 52.06% year-over-year to $61.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $208.6 million (changed N/A YoY) and the FY2025 annual result came in at $192.4 million, up 50.27% from the prior year.
  • Operating Expenses improved to $61.3 million in Q1 2026 per BLLN's latest filing, from $58.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $61.3 million in Q1 2026, with the low at $32.8 million in Q3 2024.
  • Average Operating Expenses over 3 years is $46.5 million, with a median of $44.5 million recorded in 2025.
  • The widest YoY moves for Operating Expenses: up 55.76% in 2025, down 48.51% in 2025.
  • BillionToOne's Operating Expenses stood at $37.4 million in 2024, then surged by 55.76% to $58.3 million in 2025, then increased by 5.13% to $61.3 million in 2026.
  • Business Quant data shows BLLN's Operating Expenses at $61.3 million in Q1 2026, $58.3 million in Q4 2025, and $48.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 BillionToOne 5.62 Bn 5.08 Bn 79.10 Mn 61.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 61.26 Mn
Dec 31, 2025 58.27 Mn
Sep 30, 2025 48.78 Mn
Mar 31, 2025 40.29 Mn
Dec 31, 2024 37.41 Mn
Sep 30, 2024 32.85 Mn