BillionToOne
BLLN
95.75
-4.19
-4.19%
BillionToOne
US · BLLN
#2109 by market cap
Listed 2025
95.75
-4.19
-4.19%
Live - 5344 symbols - heartbeat 398s ago
· 2026-10-08 08:12
Pre-market
95.75
0.00%
After-hours
95.75
0.00%
- Market cap
- 4.52B
- P/E (TTM)i
- 135.05
- P/Bi
- 8.42
- EPSi
- 0.06
- Div yieldi
- 0.00%
- 52W posi
- 38%
Reader sentiment
Are you bullish or bearish on BLLN?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 18.70, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 3 years
Latest year +99.97% YoY
Margins
- Gross margin
- 68.32%
- Operating margin
- 5.25%
- Net margin
- 0.96%
Key ratios & quality
- Enterprise valuei
- 4.09B
- Altman Z-Scorei
- 18.70
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 71.73M | 152.58M | 305.11M |
| Gross profit | 17.31M | 80.92M | 208.46M |
| Selling & admin expenses | 64.39M | 91.47M | 143.05M |
| Research & development | 22.41M | 36.60M | 49.38M |
| Operating profit | -69.50M | -47.15M | 16.02M |
| Pretax profit | -82.67M | -41.54M | 7.76M |
| Tax | 9.00K | 29.00K | 305.00K |
| Net profit | -82.68M | -41.57M | 7.45M |
| Basic EPS | -2 | -1 | 0 |
| Diluted EPS | -2.10 | -1.05 | 0.14 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 58.96M | 66.57M | 83.52M | 96.05M | 108.39M | 109.45M |
| Gross profit | 37.97M | 43.47M | 58.42M | 68.60M | 79.10M | 77.11M |
| Selling & admin expenses | 29.86M | 33.34M | 35.83M | 44.02M | 46.57M | 54.29M |
| Research & development | 10.43M | 11.75M | 12.95M | 14.25M | 14.69M | 17.32M |
| Operating profit | -2.32M | -1.63M | 9.63M | 10.33M | 17.83M | 5.50M |
| Pretax profit | -3.89M | -232.00K | 5.58M | 6.30M | 18.51M | 7.52M |
| Tax | 100.00K | 14.00K | -129.00K | 320.00K | 539.00K | -536.00K |
| Net profit | -3.99M | -246.00K | 5.71M | 5.98M | 17.97M | 8.05M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.09 | -0.01 | 0.03 | 0.11 | 0.34 | 0.15 |
Balance sheet
| Line item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total current assets | 115.50M | 227.82M | 560.56M |
| Cash & ST investments | 97.27M | 191.48M | 495.98M |
| Inventory | 7.20M | 8.73M | 17.55M |
| Total assets | 191.68M | 302.06M | 632.65M |
| Total current liabilities | 66.80M | 28.39M | 47.96M |
| Short-term debt | 53.75M | 6.22M | 5.60M |
| Long-term debt | 35.00M | 51.48M | 57.23M |
| Total liabilities | 410,730,000.00 | 553,715,000.00 | 152,549,000.00 |
| Total equity | -219.05M | -251.66M | 480.11M |
| Retained earnings | -240.63M | -282.20M | -274.75M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | -- | 236.15M | 251.72M | 560.56M | 624.14M | 651.38M |
| Cash & ST investments | -- | 188.96M | 195.15M | 495.98M | 537.45M | 548.63M |
| Inventory | -- | 13.74M | 17.39M | 17.55M | 19.22M | 21.14M |
| Total assets | -- | 312.63M | 327.52M | 632.65M | 700.73M | 729.70M |
| Total current liabilities | -- | 39.87M | 40.79M | 47.96M | 57.16M | 55.73M |
| Short-term debt | -- | 5.84M | 5.65M | 5.60M | 6.24M | 6.76M |
| Long-term debt | -- | 52.07M | 54.99M | 57.23M | 90.01M | 91.03M |
| Total liabilities | -- | 562,886,000.00 | 567,034,000.00 | 152,549,000.00 | 195,107,000.00 | 192,890,000.00 |
| Total equity | -- | -250.25M | -239.51M | 480.11M | 505.62M | 536.81M |
| Retained earnings | -- | -286.44M | -280.72M | -274.75M | -256.78M | -248.72M |
Cash flow
| Line item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -53.67M | -41.38M | 24.60M |
| Depreciation & amortization | 6.46M | 11.69M | 11.91M |
| Free cash flow | -60.83M | -46.81M | 15.67M |
| Dividends paid | -- | -- | -- |
| Stock buybacks / issuance | 0 | -546.00K | 292.04M |
| Ending cash balance | 97.27M | 191.48M | 495.98M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 2.63M | 1.18M | 10.00M | 10.79M | 15.43M | 9.14M |
| Depreciation & amortization | 3.01M | 2.99M | 2.95M | 2.96M | 2.99M | 3.40M |
| Free cash flow | 278.00K | -1.69M | 7.87M | 9.21M | 10.96M | 5.09M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 292.04M | -- | -- |
| Ending cash balance | 191.60M | 188.96M | 195.15M | 495.98M | 537.45M | 548.63M |
Returns & efficiency
| Line item | 2023 | 2024 | 2025 |
|---|---|---|---|
| ROE %i | -- | -- | 2.56 |
| ROA %i | -43.14 | -16.84 | 0.62 |
| ROIC %i | -- | -- | -1.98 |
| 5-year avg ROE %i | -- | -- | -- |
| EBIT margin %i | -110.70 | -25.66 | 2.57 |
| FCF / sales %i | -- | -- | 5.14 |
| Current ratioi | 1.73 | 8.03 | 11.69 |
| Quick ratioi | 1.59 | 7.62 | 11.21 |
| Debt / assetsi | 76.35 | 36.21 | 17.21 |
| LT debt / equityi | -- | -- | 21.52 |
| Interest coveragei | -24.27 | -16.41 | 82.67 |
| Revenue CAGR (3Y) %i | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | 2.56 | 4.92 | 23.16 |
| ROA %i | -- | -9.79 | -3.39 | 0.62 | 3.55 | 6.37 |
| ROIC %i | -- | -- | -- | -1.98 | 2.20 | 7.13 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -- | -14.32 | -3.88 | 2.57 | 8.52 | 9.55 |
| FCF / sales %i | -- | -- | -- | 5.14 | 7.43 | 8.34 |
| Current ratioi | -- | 5.92 | 6.17 | 11.69 | 10.92 | 11.69 |
| Quick ratioi | -- | 5.50 | 5.63 | 11.21 | 10.47 | 11.19 |
| Debt / assetsi | -- | 34.14 | 33.02 | 17.21 | 20.58 | 19.72 |
| LT debt / equityi | -- | -- | -- | 21.52 | 27.28 | 25.55 |
| Interest coveragei | -- | -55.33 | -70.88 | 82.67 | 464.94 | 925.54 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 08:12:47 · For reference only, not investment advice and not tailored to your situation.