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| 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 |