BillionToOne, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $109.4M | $108.4M | $96.1M | $83.5M | $66.6M | $59.0M | $38.4M |
| Cost of Revenue | $32.3M | $29.3M | $27.4M | $25.1M | $23.1M | $21.0M | $18.2M |
| Gross Profit | $77.1M | $79.1M | $68.6M | $58.4M | $43.5M | $38.0M | $20.2M |
| Gross Margin | 70.5% | 73.0% | 71.4% | 69.9% | 65.3% | 64.4% | 52.6% |
| Operating Expenses | |||||||
| Research & Development | $17.3M | $14.7M | $14.3M | $13.0M | $11.8M | $10.4M | $9.6M |
| SG&A Expense | $54.3M | $46.6M | $44.0M | $35.8M | $33.3M | $29.9M | $23.3M |
| Operating Income | $5.5M | $17.8M | $10.3M | $9.6M | $-1.6M | $-2.3M | $-12.6M |
| Operating Margin | 5.0% | 16.5% | 10.8% | 11.5% | -2.4% | -3.9% | -32.9% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $7.5M | $18.5M | $6.3M | $5.6M | $-232.0K | $-3.9M | $-14.9M |
| Income Tax Expense | $-536.0K | $539.0K | $319.5K | $-129.0K | $14.5K | $100.0K | $0 |
| Net Income | $8.1M | $18.0M | $6.0M | $5.7M | $-246.0K | $-4.0M | $-14.9M |
| Net Margin | 7.4% | 16.6% | 6.2% | 6.8% | -0.4% | -6.8% | -38.8% |
| EPS (Basic) | $0.17 | $0.39 | $0.45 | $0.07 | $-0.01 | $-0.20 | $-0.74 |
| EPS (Diluted) | $0.15 | $0.34 | $0.45 | $0.05 | $-0.01 | $-0.20 | $-0.74 |
| Shares Outstanding (Basic) | 46.4M | 45.9M | 15.9M | 20.9M | 20.8M | 20.6M | 20.2M |
| Shares Outstanding (Diluted) | 54.5M | 53.0M | 21.2M | 31.1M | 20.8M | 20.6M | 20.2M |
| Dividends Per Share | — | — | — | — | — | — | — |