BillionToOne, Inc.(BLLN)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Not in ranked universe
Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
BLLN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BillionToOne, Inc. (BLLN), a Healthcare sector company. BLLN is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), BillionToOne, Inc. reports quarterly revenue of $108.4M, net income of $18.0M, free cash flow of $11.0M. Top institutional holders of BLLN by reported 13-F value include ADAMS STREET PARTNERS, BAILLIE GIFFORD & CO, Civilization Ventures Management,, based on the most recent SEC filings. BLLN trades on the Nasdaq exchange and files with the SEC under CIK 2070849. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BLLN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BillionToOne, Inc. directly from SEC EDGAR.
Revenue
Q1 2026
$108.4M
Net Income
Q1 2026
$18.0M
Free Cash Flow
Q1 2026
$11.0M
ROIC
Q1 2026
3.0%
D/E Ratio
Q1 2026
0.18
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+112.7% YoYNet Income
+49.7% YoYOperating Income
+32.2% YoYEPS (Diluted)
+51.2% YoYTotal Assets
Total Debt
Op. Cash Flow
+22.9% YoY| Metric | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Revenue | $152.6M +112.7% | $71.7M | — |
| Net Income | $-41.6M +49.7% | $-82.7M | — |
| Operating Income | $-47.1M +32.2% | $-69.5M | — |
| EPS (Diluted) | $-4.12 +51.2% | $-8.45 | — |
| Total Assets | $302.1M | — | — |
| Total Debt | $51.5M | — | — |
| Operating Cash Flow | $-41.4M +22.9% | $-53.7M | — |
AI Insight: BLLN Financial Trends
BillionToOne swung to strong profitability in Q4 2025 and accelerated sharply into Q1 2026, with net income tripling to $18M even as debt rose.
• Revenue grew 12.5% quarter-over-quarter from $96M in Q4 2025 to $108M in Q1 2026, signaling sustained top-line momentum.
• Net income surged from $6M in Q4 2025 to $18M in Q1 2026, with operating margin expanding from ~10.4% to ~16.7%.
• Operating cash flow rose from $11M in Q4 2025 to $15M in Q1 2026, confirming earnings quality is improving.
• Equity turned sharply positive, jumping from $-240M in Q3 2025 to $506M in Q1 2026, reflecting a major capital event.
⚠ Total debt climbed from $57M in Q4 2025 to $90M in Q1 2026 — a 58% increase in a single quarter worth monitoring.
⚠ Only two quarters of income-statement data are available; trend durability cannot yet be confirmed.
AI Insight: BLLN Ratio Trends
BillionToOne inflected sharply into profitability in Q4 2025 and accelerated further in Q1 2026, with operating margin nearly doubling to 16.4%.
• Operating margin expanded from 10.8% in Q4 2025 to 16.4% in Q1 2026, a 5.6pp sequential improvement.
• Net profit margin surged from 6.2% in Q4 2025 to 16.6% in Q1 2026, suggesting rapid operating leverage.
• ROIC rose from 7.7% in Q4 2025 to 12.0% in Q1 2026, indicating improving capital deployment efficiency.
⚠ D/E ticked up from 0.12 to 0.18 quarter-over-quarter; monitor whether leverage continues rising alongside growth investment.
⚠ Only two quarters of profitability data available — insufficient history to confirm a durable earnings trend.
Get alerted when BLLN's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for BillionToOne, Inc. including:
Top Institutional Holders of BLLN
ADAMS STREET PARTNERS LLC
$135.1M1,711,430 shBAILLIE GIFFORD & CO
$99.5M1,259,993 shCivilization Ventures Management, LLC
$86.8M1,099,431 shBAMCO INC /NY/
$58.5M741,485 shNVP Associates, LLC
$40.5M513,330 shNeuberger Berman Group LLC
$37.8M709,214 shInvesco Ltd.
$32.1M406,512 shWASATCH ADVISORS LP
$29.2M369,638 shUBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME
$19.0M240,587 shEMERALD ADVISERS, LLC
$18.9M239,562 sh
| Fund | Value | Shares |
|---|---|---|
| ADAMS STREET PARTNERS LLC | $135.1M | 1,711,430 |
| BAILLIE GIFFORD & CO | $99.5M | 1,259,993 |
| Civilization Ventures Management, LLC | $86.8M | 1,099,431 |
| BAMCO INC /NY/ | $58.5M | 741,485 |
| NVP Associates, LLC | $40.5M | 513,330 |
| Neuberger Berman Group LLC | $37.8M | 709,214 |
| Invesco Ltd. | $32.1M | 406,512 |
| WASATCH ADVISORS LP | $29.2M | 369,638 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME | $19.0M | 240,587 |
| EMERALD ADVISERS, LLC | $18.9M | 239,562 |
More Healthcare Companies
View all Healthcare →Put BLLN on your watchlist
Track score changes the day BillionToOne, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is BLLN a good stock to buy?
13F Pro's AI-powered analysis of BillionToOne, Inc. (BLLN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BLLN are available on the BLLN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BLLN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BLLN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BillionToOne, Inc.'s investment landscape.