Filing Flows › BillionToOne (BLLN) › Q2 2026
BillionToOne (BLLN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
BillionToOne (BLLN) reported revenue of $109M for the second quarter 2026 (Q2 2026), +64% from a year earlier and +1% from the quarter before. Operating margin was 5.0%, net earnings $8.1M (7.4% of revenue).
BillionToOne, Q2 2026: revenue $109M (+64% year over year), operating margin 5.0%, net earnings $8.1M, operating cash flow $9.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | +1% | +64% |
| Gross profit | $77.1M | -3% | +77% |
| Operating profit | $5.5M | -69% | — |
| Net earnings | $8.1M | -55% | — |
| Operating cash flow | $9.1M | -41% | +673% |
| Free cash flow | $5.1M | — | — |
What changed
Revenue was $109.4M in Q2 2026, up 64% year over year and up 1% from the previous quarter. Prenatal was the largest line at 86% of revenue. Prenatal added $33.4M year over year (up 55%), 78% of the total change.
Gross margin was 70.5%, up 5.2 points from a year earlier. Operating profit was $5.5M, a 5.0% margin (up 7.5 points year over year). Operating expenses grew 59% against revenue growth of 64%. The fastest-growing cost line was SG&A (+63%). Net earnings were $8.1M. The effective tax rate was -7.1%. Non-operating items added $2.0M, 27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $9.1M (up 673% year over year), 113% of net earnings. Non-cash charges added back $1.8M of depreciation and amortization and $8.2M of share-based compensation. Working capital and other items used $9.0M. After purchases of property and equipment ($4.0M), free cash flow as the company reports it was $5.1M.
Questions
What was BillionToOne's revenue in the second quarter 2026?
BillionToOne (BLLN) reported revenue of $109M for the second quarter 2026 (Q2 2026), +64% from a year earlier and +1% from the quarter before.
Was BillionToOne profitable in the second quarter 2026?
Operating profit was $5.5M (5.0% of revenue) and net earnings $8.1M.
Source: BillionToOne 10-Q on SEC EDGAR.