BillionToOne BLLN
NASDAQ BLLN
$110.59 +6.98 (+6.74%)
As of: Sep 17, 2026 · 3:59 PM EDT

BillionToOne (BLLN) Operating Expenses (2024 - 2026)

BillionToOne's (BLLN) quarterly Operating Expenses came in at $71.6 million in Q2 2026, up 58.79% year-over-year from $45.1 million in Q2 2025, and up 16.88% quarter-over-quarter from $61.3 million in Q1 2026.

Analysis

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

BillionToOne has disclosed Operating Expenses across 3 years of filings, most recently posting $71.6 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 58.79% year-over-year to $71.6 million; the TTM figure through Jun 2026 stood at $239.9 million (up 54.15% YoY), while the FY2025 annual figure was $192.4 million, up 50.27% from the prior year.
  • Operating Expenses came in at $71.6 million for Q2 2026 at BillionToOne, up from $61.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $71.6 million in Q2 2026 to a low of $32.8 million in Q3 2024.
  • Average Operating Expenses over 3 years is $49.4 million, with a median of $46.9 million recorded in 2025.
  • Year-over-year, Operating Expenses soared 48.51% in 2025 and surged 58.79% in 2026.
  • Over 3 years, Operating Expenses stood at $37.4 million in 2024, then surged by 55.76% to $58.3 million in 2025, then increased by 22.88% to $71.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $71.6 million in Q2 2026, $61.3 million in Q1 2026, and $58.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 828.54 Mn
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 2.58 Bn
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 582.30 Mn
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 464.10 Mn
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 458.40 Mn
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 236.79 Mn
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 68.16 Mn
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 71.60 Mn
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 87.32 Mn
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 165.75 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 71.60 Mn
Mar 31, 2026 61.26 Mn
Dec 31, 2025 58.27 Mn
Sep 30, 2025 48.78 Mn
Jun 30, 2025 45.09 Mn
Mar 31, 2025 40.29 Mn
Dec 31, 2024 37.41 Mn
Sep 30, 2024 32.85 Mn