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Other financials

Income statement

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Revenue$109.4M+64.4%
Gross profit$77.1M+77.4%
Operating income$5.5M+438%
Net income$8.1M+3,374%
EPS (diluted)$0.15+850%

Balance sheet

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Cash & equivalents$548.6M+190%
Total debt$143.9M
Total equity$536.8M+315%
Total assets$729.7M

Cash flow

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Operating cash flow$9.1M+673%
CapEx$4.0M+40.9%
Free cash flow$5.1M+401%

Valuation

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Market cap$4.41B+0.1%
Enterprise value$4B
P/E116.9×
P/S11.1×

Profitability

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Gross margin71.3%+10.3pp
Operating margin10.9%+7.0pp
Net margin9.5%+5.9pp
FCF margin8.3%

Returns & leverage

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Return on equity26.3%
Debt / equity0.3×
Current ratio11.7×

Where this comes from

Reported directly by BillionToOne, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: BillionToOne, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:42 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0002070849-26-000050
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income (expense), net297(14)59839
Total other income (expense)2,0151,3952,690(178)
Income (loss) before provision for income taxes7,518(232)26,027(4,120)
Provision for income taxes(536)143114
Net income (loss) and comprehensive income (loss)$8,054$(246)$26,024$(4,234)
Net income (loss) per share, basic and diluted:
Net income (loss) per share, basic$0.17$(0.02)$0.56$(0.41)
Net income (loss) per share, diluted$0.15$(0.02)$0.48$(0.41)

Item 1. Financial Statements (Unaudited)

FAQ

What is BillionToOne, Inc.'s income tax?
BillionToOne, Inc. (BLLN) reported income tax of -$536K in Q2 2026.
How has BillionToOne, Inc.'s income tax changed year-over-year?
BillionToOne, Inc.'s income tax decreased by 3796.6% year-over-year, from $14.5K to -$536K.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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