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| Date | Value |
|---|---|
| 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 |