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BillionToOne, Inc. BLLN Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

Tarsus Pharmaceuticals, Inc. logo
Tarsus Pharmaceuticals, Inc.TARS
$107.94M+22.6%
Trex Company logo
Trex CompanyTREX
$2.2M-15.4%
BillionToOne, Inc.
 logo
BillionToOne, Inc. BLLN
$48.73M-12.5%
Moelis & Company logo
Moelis & CompanyMC
$16.13M+4.2%
OGS
ONE GASOGS
$0
The Vita Coco Company, Inc. logo
The Vita Coco Company, Inc.COCO
$3.65M+1.8%

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$4.8B

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 us-gaap:DeferredTaxAssetsValuationAllowance.

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 tax credit carryforward valuation allowance?
BillionToOne, Inc. (BLLN) reported tax credit carryforward valuation allowance of $48.73M in Q4 2025.
What is the long-term trend for BillionToOne, Inc. 's tax credit carryforward valuation allowance?
Over 3 years (2022 to 2025), BillionToOne, Inc. 's tax credit carryforward valuation allowance has grown at a 18.3% compound annual growth rate (CAGR), from $29.44M to $48.73M.
What does tax credit carryforward valuation allowance mean?
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.