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 (BLLN) has 3 years of Research & Development data on file, last reported 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.
  • The five-year high for Research & Development was $14.7 million in Q1 2026, with the low at $9.5 million in Q3 2024.
  • Average Research & Development over 3 years is $12.1 million, with a median of $12.0 million recorded in 2024.
  • Year-over-year, Research & Development climbed 29.59% in 2025 and jumped 40.86% in 2026.
  • BillionToOne's Research & Development stood at $11.0 million in 2024, then increased by 29.59% to $14.2 million in 2025, then advanced by 3.1% to $14.7 million in 2026.
  • Business Quant data shows BLLN's Research & Development at $14.7 million in Q1 2026, $14.2 million in Q4 2025, and $13.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 BillionToOne 5.62 Bn 5.08 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