BillionToOne, Inc.

For the period ended Mar 31, 2026. Filed May 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

BLLN$112.00-2.6%Stored close · as of Nov 10, 2026

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Contents

Statements of Operations and Comprehensive Income (Loss)

(in thousands, except per share amounts, unaudited)

	Three Months EndedMarch 31,
	2026	2025
Revenue	$108,388	$58,963
Cost of revenue	29,292	20,991
Gross profit	79,096	37,972
Operating expenses:
Research and development	14,692	10,430
Selling, general and administrative	46,570	29,857
Total operating expenses	61,262	40,287
Income (loss) from operations	17,834	(2,315)
Other income (expense):
Interest income	4,645	1,506
Interest expense	(10)	(40)
Change in fair value of term loan	(4,261)	(3,092)
Other expense, net	301	53
Total other (expense) income	675	(1,573)
Income (loss) before provision for income taxes	18,509	(3,888)
Provision for income taxes	539	100
Net income (loss) and comprehensive income (loss)	$17,970	$(3,988)
Net income (loss) per share, basic and diluted:
Net income (loss) per share, basic	$0.39	$(0.39)
Net income (loss) per share, diluted	$0.34	$(0.39)
Weighted-average shares used in calculating net income (loss) per share, basic and diluted:
Weighted-average shares used in calculating net income (loss) per share, basic	45,932,719	10,312,892
Weighted-average shares used in calculating net income (loss) per share, diluted	53,028,360	10,312,892

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.