BillionToOne (BLLN) Operating Expenses (2024 - 2026)
BillionToOne's (BLLN) quarterly Operating Expenses came in at $61.3 million in Q1 2026, up 52.06% year-on-year from $40.3 million in Q1 2025, and up 5.13% quarter-over-quarter from $58.3 million in Q4 2025.
BillionToOne (BLLN) Operating Expenses (2024 - 2026) Analysis & Trends
BillionToOne has disclosed Operating Expenses across 3 years of filings, most recently posting $61.3 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $61.3 million, up 52.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.6 million (changed N/A YoY), and the FY2025 annual result was $192.4 million, up 50.27% from the prior year.
- Operating Expenses came in at $61.3 million for Q1 2026 at BillionToOne, up from $58.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $61.3 million in Q1 2026 to a low of $32.8 million in Q3 2024.
- The 3-year median for Operating Expenses is $44.5 million (2025), against an average of $46.5 million.
- Peak annual rise in Operating Expenses reached 55.76% in 2025, while the deepest fall reached 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 advanced by 5.13% to $61.3 million in 2026.
- The last three Operating Expenses figures came in at $61.3 million (Q1 2026), $58.3 million (Q4 2025), and $48.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | BillionToOne | 4.33 Bn | 3.79 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 |