BillionToOne (BLLN) Q3 FY2026 earnings: revenue $123 million, up 47.2% on the year
BillionToOne, Inc. (BLLN) reported revenue of $123 million for Q3 FY2026, the quarter ended 30 September 2026, up 47.2% on the same quarter a year earlier. Net income was $17 million, up 204.5% on the year, and diluted earnings per share $0.32. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$123 million
+47.2% on the year · +12.4% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
9.0%
11.5% a year earlier
Q3 FY2024Q3 FY2026
Net income
$17 million
+204.5% on the year · +115.9% on the quarter
Q3 FY2024Q3 FY2026
Diluted EPS
$0.32
+220.0% on the year · +113.3% on the quarter
Q3 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised.
Revenue up 47% in the quarter: Quarterly revenue was $123.0 million, up 47% from $83.5 million. Nine-month revenue was $340.8 million, up 63% from $209.1 million.
Oncology revenue rose 96%: Oncology clinical testing revenue was $17.1 million in the quarter, up from $8.7 million. Nine-month oncology revenue was $41.4 million, up 162%.
Volume and price both contributed: Revenue growth came from a 25% rise in total tests delivered and an 18% rise in Overall ASP, which was $589 against $501. Both prenatal and oncology grew test volume.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
12.5
9.1
10.0
+37.3%
+25.5%
Capital expenditure
3.9
4.0
2.1
-2.5%
+85.9%
Free cash flow
8.6
5.1
7.9
+69.1%
+9.2%
Free cash flow margin
7.0%
4.6%
9.4%
Cash from investing
-3.9
-4.0
-2.1
Cash from financing
4.3
6.1
-1.7
-29.7%
Depreciation and amortisation
2.0
1.8
1.7
+7.9%
+16.6%
Share-based compensation
9.7
8.2
4.5
+18.1%
+116.8%
Diluted shares, weighted
54m
54m
16m
-1.3%
+245.1%
Shares outstanding at period end
48m
47m
11m
+1.2%
+327.4%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
567
537
-240
+5.5%
Redeemable equity
0.0
0.0
419
Debt
89.0
91.0
55.0
-2.3%
+61.8%
Operating lease liabilities
44.2
46.0
47.0
-3.8%
-6.0%
Finance lease liabilities
0.1
0.2
0.5
-51.0%
-83.7%
Other liabilities
60.7
55.7
45.1
+8.9%
+34.4%
Total liabilities and equity
760
730
328
+4.2%
+132.2%
Fixed assets
26.8
24.9
18.7
+7.4%
+43.5%
Cash and equivalents
562
549
195
+2.3%
+187.7%
Receivables
88.3
74.9
34.6
+17.9%
+154.8%
Inventory
21.9
21.1
17.4
+3.6%
+25.9%
Other assets
62.0
60.1
61.7
+3.2%
+0.6%
Total assets
760
730
328
+4.2%
+132.2%
Questions
What was BillionToOne's revenue in Q3 FY2026?
BillionToOne (BLLN) reported revenue of $123 million for Q3 FY2026, the quarter ended 30 September 2026, up 47.2% on the same quarter a year earlier.
How much did BillionToOne earn in Q3 FY2026?
Net income for Q3 FY2026 was $17 million, up 204.5% on the year, and diluted earnings per share $0.32.
When did BillionToOne report Q3 FY2026 results?
BillionToOne filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.