BL

BillionToOne, Inc. Class A Common Stock

BLLN · NASDAQ · Healthcare / Diagnostics & Research

$104.27+3.45 (+3.42%)

Close Sep 15, 2026 · end-of-day

Market Stats

Previous Close$100.82
Open$101.74
Day Range$101.47 – $106.04
52-Week Range$61.96 – $150.44
Volume375.52K
Market Cap$5.89B
P/E (TTM)162.21
Forward P/E69.93
EPS$0.77
Dividend Yield0.00%
50-Day Avg$109.54
200-Day Avg$94.79

Price History

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About

BillionToOne, Inc., a precision diagnostics company, quantifies biology to create molecular diagnostics. The company provides molecular counting platform, which is designed to detect and measure DNA molecules at the single-count level to help enhance disease detection. It also offers UNITY Complete, a non-invasive prenatal screen that assesses fetal risk for aneuploidies, recessive conditions, and fetal antigens from a maternal blood draw; Northstar Select, a liquid biopsy test that provides a list of mutations that are present in the tumor and types of mutations detected that include deletions, insertions, and point mutations; and Northstar Response, a methylation-based assay that quantifies the amount of cancer at the single molecule level without requiring a tissue biopsy, enabling real-time monitoring of patient response to therapy with unprecedented precision. BillionToOne, Inc. was incorporated in 2016 and is headquartered in Menlo Park, California.

Company Details

Sector
Healthcare
Industry
Diagnostics & Research
CEO
Dr. Oguzhan Atay Ph.D.
Employees
713
Headquarters
1035 O?Brien Drive, Menlo Park, CA, United States, 94025, USA
Website
https://www.billiontoone.com

Leadership

  • Dr. Oguzhan Atay Ph.D.Co-Founder, Chairman & CEO · b. 1989
  • Dr. David Tsao Ph.D.Co-Founder, President, CTO & Director · b. 1990
  • Mr. John D. Lister J.D.Chief Administrative Officer · b. 1975
  • Mr. Ross Taylor Jr., M.B.A.Chief Financial Officer · b. 1963
  • Ms. Jean HaydenVP of Business Operations & Chief of Staff
  • Mr. Thomas P. Lynch J.D.Chief Compliance Officer, General Counsel & Secretary · b. 1967
  • Ms. Nancy JohnsonSenior Vice President of Sales & Commercial Operations · b. 1964
  • Ms. Jaclyn EngVice President of Marketing
  • Mr. Vaghar HaghiriSenior Director of People Operations
  • Ms. Shan Riku Sakakibara M.B.A.Chief Product Officer · b. 1984

Financials

Income Statement

Line item2025-12-312024-12-312023-12-31
Total Revenue$305.11M$152.58M$71.73M
Cost of Revenue$96.65M$71.67M$54.42M
Gross Profit$208.46M$80.92M$17.31M
Operating Income$16.02M$-47.15M$-69.50M
EBITDA$19.76M$-27.47M$-72.94M
Net Income$7.45M$-41.57M$-82.68M
R&D$49.38M$36.60M$22.41M
Interest Expense$95.00K$2.39M$3.27M

Balance Sheet

Line item2025-12-312024-12-312023-12-31
Total Assets$632.65M$302.06M$191.68M
Total Liabilities$152.55M$134.31M$161.20M
Total Equity$480.11M$167.75M$30.47M
Cash$495.98M$191.48M$97.27M
Total Debt$108.89M$109.38M$146.35M
Net Debt$-387.08M$-82.10M$49.08M

Cash Flow

Line item2025-12-312024-12-312023-12-31
Operating Cash Flow$24.59M$-41.38M$-53.67M
Investing Cash Flow$-8.92M$-5.43M$82.84M
Financing Cash Flow$288.82M$141.02M$13.40M
Capital Expenditure$8.88M$5.40M$6.17M
Free Cash Flow$15.71M$-46.78M$-59.85M

Earnings

Report DateAug 5, 2026May 7, 2026Mar 4, 2026Dec 9, 2025
EPS Estimate$0.15$-0.01$0.17$0.16
EPS Actual$0.15$0.34$0.15$0.91
Surprise0.00%3489.00%-11.76%468.75%
TimingAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap
$5.89B
Enterprise Value
$4.99B
Trailing P/E
162.21
Forward P/E
69.93
Price / Sales
14.83
Price / Book
10.05
EPS
$0.77
Book Value
$11.46
Revenue (TTM)
$397.41M
Gross Profit (TTM)
$283.22M
EBITDA
$50.24M
Profit Margin
8.35%
Operating Margin
5.03%
Return on Equity
10.68%
Return on Assets
5.19%
Shares Outstanding
42.64M
Shares Float
28.81M
Dividend Yield
0.00%
Dividend Rate
$0
Payout Ratio
0.00%

Ownership Breakdown

Institutions
45.21%
Insiders
37.05%
Retail / Other
17.74%

Top Institutional Holders

  • Adams Street Partners LLC
    1.71M3.63%
  • Civilization Ventures Management, LLC
    1.10M2.33%
  • Baillie Gifford & Co Limited.
    901.42K1.91%
  • BAMCO Inc
    741.49K1.57%
  • T. Rowe Price Associates, Inc.
    737.52K1.56%
  • Neuberger Berman Group LLC
    709.21K1.50%
  • Wasatch Advisors LP
    518.08K1.10%
  • Millennium Management LLC
    425.03K0.90%
  • Amvescap Plc.
    406.51K0.86%
  • Emerald Advisers, LLC
    375.86K0.80%
  • Next Century Growth Investors LLC
    364.47K0.77%
  • Oberweis Asset Management Inc
    299.03K0.63%
  • JPMorgan Chase & Co
    283.14K0.60%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    725.81K1.54%
  • Vanguard Small Cap Index
    524.07K1.11%
  • Invesco Discovery A
    487.50K1.03%
  • T. Rowe Price Health Sciences
    321.48K0.68%
  • Baron Discovery Institutional
    286.83K0.61%
  • Oberweis Small-Cap Opportunities
    264.30K0.56%
  • Adams Street Private Eq Navigator LLC M
    246.94K0.52%