BillionToOne (BLLN) Operating Margin (2024 - 2026)
BillionToOne's (BLLN) quarterly Operating Margin came in at 16.45% in Q1 2026, up 2038.0% year-on-year from 0.77% in Q1 2025, and up 52.97% quarter-over-quarter from 10.76% in Q4 2025.
BillionToOne (BLLN) Operating Margin (2024 - 2026) Analysis & Trends
BillionToOne has disclosed Operating Margin across 3 years of filings, most recently posting 16.45% for Q1 2026.
- Operating Margin for Q1 2026 came in at 16.45%, up 2038.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.23% (changed N/A YoY), and the FY2025 annual result was 5.25%, up 3615.0% from the prior year.
- Operating Margin came in at 16.45% for Q1 2026 at BillionToOne, up from 10.76% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 16.45% in Q1 2026 to a low of 32.88% in Q3 2024.
- The 3-year median for Operating Margin is 3.42% (2025), against an average of 4.0%.
- Across the five-year window, Operating Margin surged 4442 bps in 2025 and surged 2038 bps in 2026, its largest moves.
- BillionToOne's Operating Margin stood at 25.94% in 2024, then surged by 141 bps to 10.76% in 2025, then soared by 53 bps to 16.45% in 2026.
- The last three Operating Margin figures came in at 16.45% (Q1 2026), 10.76% (Q4 2025), and 11.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 31.78% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 21.74% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 12.38% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -13.42% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 25.23% |
| 10 | BillionToOne | 4.33 Bn | 3.79 Bn | 79.10 Mn | 16.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.45% |
| Dec 31, 2025 | 10.76% |
| Sep 30, 2025 | 11.53% |
| Mar 31, 2025 | -3.93% |
| Dec 31, 2024 | -25.94% |
| Sep 30, 2024 | -32.88% |