BillionToOne, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $305.1M | $152.6M | $71.7M |
| Cost of Revenue | $96.7M | $71.7M | $54.4M |
| Gross Profit | $208.5M | $80.9M | $17.3M |
| Gross Margin | 68.3% | 53.0% | 24.1% |
| Operating Expenses | |||
| Research & Development | $49.4M | $36.6M | $22.4M |
| SG&A Expense | $143.1M | $91.5M | $64.4M |
| Operating Income | $16.0M | $-47.1M | $-69.5M |
| Operating Margin | 5.3% | -30.9% | -96.9% |
| Interest Expense | — | — | — |
| Pretax Income | $7.8M | $-41.5M | $-82.7M |
| Income Tax Expense | $305.0K | $29.0K | $9.0K |
| Net Income | $7.5M | $-41.6M | $-82.7M |
| Net Margin | 2.4% | -27.2% | -115.3% |
| EPS (Basic) | $0.18 | $-2.06 | $-4.23 |
| EPS (Diluted) | $0.14 | $-2.06 | $-4.23 |
| Shares Outstanding (Basic) | 15.9M | 20.2M | 19.6M |
| Shares Outstanding (Diluted) | 21.2M | 20.2M | 19.6M |
| Dividends Per Share | — | — | — |