Filing Flows › BillionToOne (BLLN) › Q3 2026
BillionToOne (BLLN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
BillionToOne (BLLN) reported revenue of $123M for the third quarter 2026 (Q3 2026), +47% from a year earlier and +12% from the quarter before. Operating margin was 9.0%, net earnings $17.4M (14.1% of revenue).
BillionToOne, Q3 2026: revenue $123M (+47% year over year), operating margin 9.0%, net earnings $17.4M, operating cash flow $12.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123M | +12% | +47% |
| Gross profit | $87.1M | +13% | +49% |
| Operating profit | $11.0M | +100% | +14% |
| Net earnings | $17.4M | +116% | +205% |
| Operating cash flow | $12.5M | +37% | +26% |
| Free cash flow | $8.6M | — | +9% |
What changed
Revenue was $123.0M in Q3 2026, up 47% year over year and up 12% from the previous quarter. Prenatal was the largest line at 85% of revenue. Prenatal added $30.2M year over year (up 41%), 77% of the total change.
Gross margin was 70.9%, up 0.9 points from Q3 2025. Operating profit was $11.0M, a 9.0% margin (down 2.6 points year over year). Of the extra revenue versus Q3 2025, 4% reached operating profit, below the 12% margin then. Operating expenses grew 56% against revenue growth of 47%. The fastest-growing cost line was Research & development (+56%). Net earnings were $17.4M, up 205% year over year. The effective tax rate was 0.0%. Non-operating items added $6.4M, 37% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $12.5M (up 26% year over year), 72% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $9.7M of share-based compensation. Working capital and other items used $16.5M. After purchases of property and equipment ($3.9M), free cash flow as the company reports it was $8.6M.
Questions
What was BillionToOne's revenue in the third quarter 2026?
BillionToOne (BLLN) reported revenue of $123M for the third quarter 2026 (Q3 2026), +47% from a year earlier and +12% from the quarter before.
Was BillionToOne profitable in the third quarter 2026?
Operating profit was $11.0M (9.0% of revenue) and net earnings $17.4M.
Source: BillionToOne 10-Q on SEC EDGAR.