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 has reported Operating Expenses for 3 years, with the latest figure 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.
  • Over five years, Operating Expenses peaked at $61.3 million in Q1 2026 and troughed at $32.8 million in Q3 2024.
  • A 3-year average of $46.5 million and a median of $44.5 million in 2025 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 55.76% in 2025, down 48.51% in 2025.
  • Over 3 years, Operating Expenses stood at $37.4 million in 2024, then jumped by 55.76% to $58.3 million in 2025, then grew by 5.13% to $61.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $61.3 million, $58.3 million, and $48.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 213.77 Bn 209.71 Bn 8.34 Bn 9.91 Bn
2 Danaher 139.78 Bn 135.43 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.04 Bn 45.85 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.68 Bn 37.88 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.34 Bn 37.26 Bn 1.44 Bn 637.00 Mn
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 790.16 Mn
7 Illumina 29.90 Bn 28.73 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.58 Bn 28.53 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn 2.58 Bn
10 BillionToOne 6.86 Bn 6.32 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