vs

Side-by-side financial comparison of BillionToOne, Inc. (BLLN) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $83.5M, roughly 1.3× BillionToOne, Inc.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 6.8%, a 12.8% gap on every dollar of revenue.

BillionToOne, Inc. is a life sciences and molecular diagnostics firm developing high-precision genetic testing solutions. Its core offerings include non-invasive prenatal tests, oncology diagnostics, and rare disease screening, serving clinical providers and patients mainly in North America.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

BLLN vs FSUN — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.3× larger
FSUN
$110.0M
$83.5M
BLLN
Higher net margin
FSUN
FSUN
12.8% more per $
FSUN
19.6%
6.8%
BLLN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BLLN
BLLN
FSUN
FSUN
Revenue
$83.5M
$110.0M
Net Profit
$5.7M
$21.6M
Gross Margin
69.9%
Operating Margin
11.5%
Net Margin
6.8%
19.6%
Revenue YoY
117.4%
Net Profit YoY
138.3%
-8.4%
EPS (diluted)
$0.10
$0.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLLN
BLLN
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$110.2M
Q3 25
$83.5M
$107.3M
Q2 25
$105.6M
Q1 25
$96.2M
Q4 24
$98.7M
Q3 24
$38.4M
$98.2M
Q2 24
$96.2M
Net Profit
BLLN
BLLN
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$24.8M
Q3 25
$5.7M
$23.2M
Q2 25
$26.4M
Q1 25
$23.6M
Q4 24
$16.4M
Q3 24
$-14.9M
$22.4M
Q2 24
$24.6M
Gross Margin
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
Q3 25
69.9%
Q2 25
Q1 25
Q4 24
Q3 24
52.6%
Q2 24
Operating Margin
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
29.0%
Q3 25
11.5%
26.4%
Q2 25
31.2%
Q1 25
30.9%
Q4 24
20.4%
Q3 24
-32.9%
29.1%
Q2 24
32.3%
Net Margin
BLLN
BLLN
FSUN
FSUN
Q1 26
19.6%
Q4 25
22.5%
Q3 25
6.8%
21.6%
Q2 25
25.0%
Q1 25
24.5%
Q4 24
16.6%
Q3 24
-38.8%
22.8%
Q2 24
25.5%
EPS (diluted)
BLLN
BLLN
FSUN
FSUN
Q1 26
$0.76
Q4 25
$0.89
Q3 25
$0.10
$0.82
Q2 25
$0.93
Q1 25
$0.83
Q4 24
$0.57
Q3 24
$-1.47
$0.79
Q2 24
$0.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLLN
BLLN
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$195.2M
$413.7M
Total DebtLower is stronger
$55.0M
Stockholders' EquityBook value
$-239.5M
$1.2B
Total Assets
$327.5M
$8.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLLN
BLLN
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$652.6M
Q3 25
$195.2M
$659.9M
Q2 25
$785.1M
Q1 25
$621.4M
Q4 24
$615.9M
Q3 24
$573.7M
Q2 24
$535.8M
Total Debt
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
Q3 25
$55.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BLLN
BLLN
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$-239.5M
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$-242.9M
$1.0B
Q2 24
$996.6M
Total Assets
BLLN
BLLN
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$8.5B
Q3 25
$327.5M
$8.5B
Q2 25
$8.4B
Q1 25
$8.2B
Q4 24
$8.1B
Q3 24
$8.1B
Q2 24
$8.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLLN
BLLN
FSUN
FSUN
Operating Cash FlowLast quarter
$13.8M
Free Cash FlowOCF − Capex
$6.5M
FCF MarginFCF / Revenue
7.7%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
2.42×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
$111.5M
Q3 25
$13.8M
$49.4M
Q2 25
$15.0M
Q1 25
$26.4M
Q4 24
$101.1M
Q3 24
$48.1M
Q2 24
$20.9M
Free Cash Flow
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
$104.0M
Q3 25
$6.5M
$47.6M
Q2 25
$13.0M
Q1 25
$24.3M
Q4 24
$95.7M
Q3 24
$47.1M
Q2 24
$19.9M
FCF Margin
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
94.3%
Q3 25
7.7%
44.4%
Q2 25
12.3%
Q1 25
25.3%
Q4 24
97.0%
Q3 24
47.9%
Q2 24
20.6%
Capex Intensity
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
6.8%
Q3 25
8.8%
1.6%
Q2 25
1.9%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
1.1%
Q2 24
1.1%
Cash Conversion
BLLN
BLLN
FSUN
FSUN
Q1 26
Q4 25
4.49×
Q3 25
2.42×
2.13×
Q2 25
0.57×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
2.15×
Q2 24
0.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLLN
BLLN

Prenatal$74.1M89%
Oncology$8.7M10%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

Related Comparisons