BillionToOne (BLLN) Research & Development (2024 - 2026)

BillionToOne (BLLN) posted Research & Development of $14.7 million for Q1 2026, up 3.1% sequentially from $14.2 million in Q4 2025, and up 40.86% YoY from $10.4 million in Q1 2025.

BillionToOne (BLLN) Research & Development (2024 - 2026) Analysis & Trends

BillionToOne has reported Research & Development for 3 years, with the latest figure at $14.7 million in Q1 2026.

  • Quarterly Research & Development rose 40.86% year-over-year to $14.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $52.3 million (changed N/A YoY) and the FY2025 annual result came in at $49.4 million, up 34.94% from the prior year.
  • Research & Development climbed to $14.7 million in Q1 2026 per BLLN's latest filing, from $14.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $14.7 million in Q1 2026 and troughed at $9.5 million in Q3 2024.
  • A 3-year average of $12.1 million and a median of $12.0 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2025 and 2026: Research & Development gained 29.59% in 2025, then surged 40.86% in 2026.
  • Over 3 years, Research & Development stood at $11.0 million in 2024, then grew by 29.59% to $14.2 million in 2025, then gained by 3.1% to $14.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $14.7 million, $14.2 million, and $13.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thermo Fisher Scientific 213.77 Bn 209.71 Bn 8.34 Bn 364.00 Mn
2 Danaher 139.78 Bn 135.43 Bn 3.61 Bn 412.00 Mn
3 Idexx Laboratories 46.04 Bn 45.85 Bn 779.09 Mn 171.28 Mn
4 Agilent Technologies 39.68 Bn 37.88 Bn 990.00 Mn 126.00 Mn
5 Iqvia Holdings 39.34 Bn 37.26 Bn 1.44 Bn -
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 210.70 Mn
7 Illumina 29.90 Bn 28.73 Bn 770.00 Mn 252.00 Mn
8 Mettler Toledo International 28.58 Bn 28.53 Bn 650.22 Mn 52.99 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn -
10 BillionToOne 6.86 Bn 6.32 Bn 79.10 Mn 14.69 Mn

Historic Data

Download Data
DateValue
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