BillionToOne (BLLN) Research & Development (2024 - 2026)
BillionToOne's (BLLN) quarterly Research & Development came in at $14.7 million in Q1 2026, up 40.86% year-on-year from $10.4 million in Q1 2025, and up 3.1% quarter-over-quarter from $14.2 million in Q4 2025.
BillionToOne (BLLN) Research & Development (2024 - 2026) Analysis & Trends
BillionToOne has disclosed Research & Development across 3 years of filings, most recently posting $14.7 million for Q1 2026.
- Research & Development for Q1 2026 came in at $14.7 million, up 40.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $52.3 million (changed N/A YoY), and the FY2025 annual result was $49.4 million, up 34.94% from the prior year.
- Research & Development came in at $14.7 million for Q1 2026 at BillionToOne, up from $14.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $14.7 million in Q1 2026 to a low of $9.5 million in Q3 2024.
- The 3-year median for Research & Development is $12.0 million (2024), against an average of $12.1 million.
- Across the five-year window, Research & Development increased 29.59% in 2025 and soared 40.86% in 2026, its largest moves.
- BillionToOne's Research & Development stood at $11.0 million in 2024, then advanced by 29.59% to $14.2 million in 2025, then increased by 3.1% to $14.7 million in 2026.
- The last three Research & Development figures came in at $14.7 million (Q1 2026), $14.2 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | BillionToOne | 4.33 Bn | 3.79 Bn | 79.10 Mn | 14.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.69 Mn |
| Dec 31, 2025 | 14.25 Mn |
| Sep 30, 2025 | 12.95 Mn |
| Mar 31, 2025 | 10.43 Mn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 9.55 Mn |