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BLLN · Nasdaq · United States · Services-Medical Laboratories
In shortBillionToOne, Inc. is profitable, generates cash and holds more cash than debt, with revenue growing (+100.0% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.3% | 34/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.4% | 30/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 6.5% | 33/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.9% | 19/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 11.69× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.12× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 168.66× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 7.37 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 5.2% | 41/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.11× | 100/100 |
| Years with positive free cash flow (last 5) | 1 of 3 | 17/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 3 | 33/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 9.0% | 78/100 |
| Operating margin volatility | 51.8% | 0/100 |
Weight in the score: 20%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 72 | 153 | 305 |
| Cost of revenue | 54 | 72 | 97 |
| Gross profit | 17 | 81 | 208 |
| Research & development | 22 | 37 | 49 |
| Selling, general & admin | 64 | 91 | 143 |
| Operating income | (69) | (47) | 16 |
| Interest expense | 3.3 | 2.4 | 0.1 |
| Pre-tax income | (83) | (42) | 7.8 |
| Income tax | 0 | 0 | 0.3 |
| Net income | (83) | (42) | 7.5 |
| Diluted EPS | −$8.45 | −$4.12 | $0.14 |
| Diluted shares (millions) | 9.8 | 10 | 21 |
The last 7 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 7 quarters of BillionToOne, Inc. are included in the Investor plan. Try free for 7 days →
7.37 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026