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Side-by-side financial comparison of BillionToOne, Inc. (BLLN) and Nano Dimension Ltd. (NNDM). Click either name above to swap in a different company.

BillionToOne, Inc. is the larger business by last-quarter revenue ($83.5M vs $57.8M, roughly 1.4× Nano Dimension Ltd.). BillionToOne, Inc. runs the higher net margin — 6.8% vs -171.1%, a 177.9% gap on every dollar of revenue. BillionToOne, Inc. produced more free cash flow last quarter ($6.5M vs $-21.1M).

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.

Nano Dimension Ltd. is a leading provider of additively manufactured electronics solutions and 3D printing technologies. It designs high-precision 3D printers, related materials, and software for producing printed circuit boards, microelectronics components, and multi-layer electronic devices, serving aerospace, defense, medical, automotive, and industrial electronics segments across global markets.

BLLN vs NNDM — Head-to-Head

Bigger by revenue
BLLN
BLLN
1.4× larger
BLLN
$83.5M
$57.8M
NNDM
Higher net margin
BLLN
BLLN
177.9% more per $
BLLN
6.8%
-171.1%
NNDM
More free cash flow
BLLN
BLLN
$27.6M more FCF
BLLN
$6.5M
$-21.1M
NNDM

Income Statement — Q3 FY2025 vs Q4 FY2024

Metric
BLLN
BLLN
NNDM
NNDM
Revenue
$83.5M
$57.8M
Net Profit
$5.7M
$-98.8M
Gross Margin
69.9%
43.1%
Operating Margin
11.5%
-155.1%
Net Margin
6.8%
-171.1%
Revenue YoY
117.4%
Net Profit YoY
138.3%
EPS (diluted)
$0.10
$-0.45

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
NNDM
NNDM
Q3 25
$83.5M
Q4 24
$57.8M
Q3 24
$38.4M
Q2 24
$28.4M
Q2 23
$29.7M
Net Profit
BLLN
BLLN
NNDM
NNDM
Q3 25
$5.7M
Q4 24
$-98.8M
Q3 24
$-14.9M
Q2 24
$-79.2M
Q2 23
$12.6M
Gross Margin
BLLN
BLLN
NNDM
NNDM
Q3 25
69.9%
Q4 24
43.1%
Q3 24
52.6%
Q2 24
45.8%
Q2 23
44.0%
Operating Margin
BLLN
BLLN
NNDM
NNDM
Q3 25
11.5%
Q4 24
-155.1%
Q3 24
-32.9%
Q2 24
Q2 23
Net Margin
BLLN
BLLN
NNDM
NNDM
Q3 25
6.8%
Q4 24
-171.1%
Q3 24
-38.8%
Q2 24
-279.4%
Q2 23
42.3%
EPS (diluted)
BLLN
BLLN
NNDM
NNDM
Q3 25
$0.10
Q4 24
$-0.45
Q3 24
$-1.47
Q2 24
$-0.35
Q2 23
$0.05

Balance Sheet & Financial Strength

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

Metric
BLLN
BLLN
NNDM
NNDM
Cash + ST InvestmentsLiquidity on hand
$195.2M
$317.2M
Total DebtLower is stronger
$55.0M
Stockholders' EquityBook value
$-239.5M
$860.0M
Total Assets
$327.5M
$902.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLLN
BLLN
NNDM
NNDM
Q3 25
$195.2M
Q4 24
$317.2M
Q3 24
Q2 24
$231.8M
Q2 23
$454.6M
Total Debt
BLLN
BLLN
NNDM
NNDM
Q3 25
$55.0M
Q4 24
Q3 24
Q2 24
Q2 23
Stockholders' Equity
BLLN
BLLN
NNDM
NNDM
Q3 25
$-239.5M
Q4 24
$860.0M
Q3 24
$-242.9M
Q2 24
$870.3M
Q2 23
$1.1B
Total Assets
BLLN
BLLN
NNDM
NNDM
Q3 25
$327.5M
Q4 24
$902.5M
Q3 24
Q2 24
$911.0M
Q2 23
$1.2B

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
NNDM
NNDM
Operating Cash FlowLast quarter
$13.8M
$-18.9M
Free Cash FlowOCF − Capex
$6.5M
$-21.1M
FCF MarginFCF / Revenue
7.7%
-36.5%
Capex IntensityCapex / Revenue
8.8%
3.8%
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
NNDM
NNDM
Q3 25
$13.8M
Q4 24
$-18.9M
Q3 24
Q2 24
$-30.7M
Q2 23
$-56.1M
Free Cash Flow
BLLN
BLLN
NNDM
NNDM
Q3 25
$6.5M
Q4 24
$-21.1M
Q3 24
Q2 24
Q2 23
FCF Margin
BLLN
BLLN
NNDM
NNDM
Q3 25
7.7%
Q4 24
-36.5%
Q3 24
Q2 24
Q2 23
Capex Intensity
BLLN
BLLN
NNDM
NNDM
Q3 25
8.8%
Q4 24
3.8%
Q3 24
Q2 24
Q2 23
Cash Conversion
BLLN
BLLN
NNDM
NNDM
Q3 25
2.42×
Q4 24
Q3 24
Q2 24
Q2 23
-4.47×

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%

NNDM
NNDM

Segment breakdown not available.

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