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BillionToOne, Inc. BLLN Capitalized R&D expenditure

Capitalized R&D expenditure at other companies

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Other financials

Income statement

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Revenue$108.4M+83.8%
Gross profit$79.1M+108%
Operating income$17.8M+870%
Net income$18.0M+551%
EPS (diluted)$0.34+187%

Balance sheet

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Cash & equivalents$537.5M+181%
Total debt$144.2M
Total equity$505.6M+300%
Total assets$700.7M

Cash flow

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Operating cash flow$15.4M+488%
CapEx$4.5M+90.5%
Free cash flow$11.0M+3,842%

Valuation

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Market cap$4.84B

Profitability

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Gross margin70.4%
Operating margin-96.9%
Net margin8.4%
FCF margin-83.4%

Returns & leverage

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Debt / equity0.3×
Current ratio10.9×

Where this comes from

Reported directly by BillionToOne, Inc. in its filing.

Tagged under the XBRL concept blln:DeferredTaxAssetsCapitalizedResearchAndDevelopment.

The official record: BillionToOne, Inc. ’s 10-K, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BillionToOne, Inc. 's capitalized r&d expenditure?
BillionToOne, Inc. (BLLN) reported capitalized r&d expenditure of $6.06M in Q4 2025.
What does capitalized r&d expenditure mean?
This metric represents the portion of research and development expenditures that have been capitalized as assets rather than expensed immediately. It reflects the company's investment in long-term innovation and the accounting treatment of its R&D pipeline.