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Side-by-side financial comparison of BillionToOne, Inc. (BLLN) and LIVEPERSON INC (LPSN). Click either name above to swap in a different company.

BillionToOne, Inc. is the larger business by last-quarter revenue ($83.5M vs $59.3M, roughly 1.4× LIVEPERSON INC). BillionToOne, Inc. runs the higher net margin — 6.8% vs -77.8%, a 84.6% gap on every dollar of revenue. On growth, BillionToOne, Inc. posted the faster year-over-year revenue change (117.4% vs -19.0%). BillionToOne, Inc. produced more free cash flow last quarter ($6.5M vs $-12.0M).

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.

LivePerson is a global technology company that develops conversational commerce and AI software.

BLLN vs LPSN — Head-to-Head

Bigger by revenue
BLLN
BLLN
1.4× larger
BLLN
$83.5M
$59.3M
LPSN
Growing faster (revenue YoY)
BLLN
BLLN
+136.4% gap
BLLN
117.4%
-19.0%
LPSN
Higher net margin
BLLN
BLLN
84.6% more per $
BLLN
6.8%
-77.8%
LPSN
More free cash flow
BLLN
BLLN
$18.4M more FCF
BLLN
$6.5M
$-12.0M
LPSN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BLLN
BLLN
LPSN
LPSN
Revenue
$83.5M
$59.3M
Net Profit
$5.7M
$-46.1M
Gross Margin
69.9%
73.2%
Operating Margin
11.5%
-68.7%
Net Margin
6.8%
-77.8%
Revenue YoY
117.4%
-19.0%
Net Profit YoY
138.3%
58.9%
EPS (diluted)
$0.10
$-9.22

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
LPSN
LPSN
Q4 25
$59.3M
Q3 25
$83.5M
$60.2M
Q2 25
$59.6M
Q1 25
$64.7M
Q4 24
$45.1M
$73.2M
Q3 24
$38.4M
$74.2M
Q2 24
$79.9M
Q1 24
$85.1M
Net Profit
BLLN
BLLN
LPSN
LPSN
Q4 25
$-46.1M
Q3 25
$5.7M
$8.7M
Q2 25
$-15.7M
Q1 25
$-14.1M
Q4 24
$-11.5M
$-112.1M
Q3 24
$-14.9M
$-28.3M
Q2 24
$41.8M
Q1 24
$-35.6M
Gross Margin
BLLN
BLLN
LPSN
LPSN
Q4 25
73.2%
Q3 25
69.9%
71.4%
Q2 25
69.7%
Q1 25
71.8%
Q4 24
57.1%
77.4%
Q3 24
52.6%
73.1%
Q2 24
79.4%
Q1 24
71.3%
Operating Margin
BLLN
BLLN
LPSN
LPSN
Q4 25
-68.7%
Q3 25
11.5%
-24.2%
Q2 25
-10.8%
Q1 25
-26.2%
Q4 24
17.0%
-138.0%
Q3 24
-32.9%
-21.6%
Q2 24
-37.3%
Q1 24
-42.7%
Net Margin
BLLN
BLLN
LPSN
LPSN
Q4 25
-77.8%
Q3 25
6.8%
14.5%
Q2 25
-26.4%
Q1 25
-21.8%
Q4 24
-25.5%
-153.2%
Q3 24
-38.8%
-38.1%
Q2 24
52.3%
Q1 24
-41.8%
EPS (diluted)
BLLN
BLLN
LPSN
LPSN
Q4 25
$-9.22
Q3 25
$0.10
$-2.76
Q2 25
$-0.17
Q1 25
$-0.24
Q4 24
$-1.13
$-17.23
Q3 24
$-1.47
$-4.74
Q2 24
$-0.33
Q1 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
BLLN
BLLN
LPSN
LPSN
Cash + ST InvestmentsLiquidity on hand
$195.2M
$95.0M
Total DebtLower is stronger
$55.0M
Stockholders' EquityBook value
$-239.5M
$-44.5M
Total Assets
$327.5M
$454.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLLN
BLLN
LPSN
LPSN
Q4 25
$95.0M
Q3 25
$195.2M
$106.7M
Q2 25
$162.0M
Q1 25
$176.3M
Q4 24
$191.5M
$183.2M
Q3 24
$142.1M
Q2 24
$146.0M
Q1 24
$127.1M
Total Debt
BLLN
BLLN
LPSN
LPSN
Q4 25
Q3 25
$55.0M
Q2 25
Q1 25
Q4 24
$51.5M
Q3 24
Q2 24
Q1 24
$512.1M
Stockholders' Equity
BLLN
BLLN
LPSN
LPSN
Q4 25
$-44.5M
Q3 25
$-239.5M
$-22.1M
Q2 25
$-82.4M
Q1 25
$-74.9M
Q4 24
$-251.7M
$-67.3M
Q3 24
$-242.9M
$45.9M
Q2 24
$66.6M
Q1 24
$19.2M
Total Assets
BLLN
BLLN
LPSN
LPSN
Q4 25
$454.7M
Q3 25
$327.5M
$511.4M
Q2 25
$604.2M
Q1 25
$596.2M
Q4 24
$302.1M
$607.8M
Q3 24
$692.0M
Q2 24
$703.8M
Q1 24
$724.7M
Debt / Equity
BLLN
BLLN
LPSN
LPSN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
26.69×

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
LPSN
LPSN
Operating Cash FlowLast quarter
$13.8M
$-9.7M
Free Cash FlowOCF − Capex
$6.5M
$-12.0M
FCF MarginFCF / Revenue
7.7%
-20.2%
Capex IntensityCapex / Revenue
8.8%
3.9%
Cash ConversionOCF / Net Profit
2.42×
TTM Free Cash FlowTrailing 4 quarters
$-42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLLN
BLLN
LPSN
LPSN
Q4 25
$-9.7M
Q3 25
$13.8M
$-6.0M
Q2 25
$-11.7M
Q1 25
$-3.1M
Q4 24
$-3.1M
Q3 24
$4.8M
Q2 24
$-17.9M
Q1 24
$1.1M
Free Cash Flow
BLLN
BLLN
LPSN
LPSN
Q4 25
$-12.0M
Q3 25
$6.5M
$-8.9M
Q2 25
$-14.8M
Q1 25
$-6.9M
Q4 24
$-6.8M
Q3 24
$-230.0K
Q2 24
$-22.9M
Q1 24
$-10.4M
FCF Margin
BLLN
BLLN
LPSN
LPSN
Q4 25
-20.2%
Q3 25
7.7%
-14.8%
Q2 25
-24.9%
Q1 25
-10.6%
Q4 24
-9.2%
Q3 24
-0.3%
Q2 24
-28.7%
Q1 24
-12.2%
Capex Intensity
BLLN
BLLN
LPSN
LPSN
Q4 25
3.9%
Q3 25
8.8%
4.8%
Q2 25
5.3%
Q1 25
5.8%
Q4 24
5.0%
Q3 24
6.8%
Q2 24
6.2%
Q1 24
13.5%
Cash Conversion
BLLN
BLLN
LPSN
LPSN
Q4 25
Q3 25
2.42×
-0.69×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.43×
Q1 24

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%

LPSN
LPSN

Hosted Services Business$51.0M86%
Professional Services$8.3M14%

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