vs

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

OneStream, Inc. is the larger business by last-quarter revenue ($163.7M vs $83.5M, roughly 2.0× BillionToOne, Inc.). BillionToOne, Inc. runs the higher net margin — 6.8% vs 0.6%, a 6.2% gap on every dollar of revenue. On growth, BillionToOne, Inc. posted the faster year-over-year revenue change (117.4% vs 23.6%). OneStream, Inc. produced more free cash flow last quarter ($25.6M vs $6.5M).

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.

Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.

BLLN vs OS — Head-to-Head

Bigger by revenue
OS
OS
2.0× larger
OS
$163.7M
$83.5M
BLLN
Growing faster (revenue YoY)
BLLN
BLLN
+93.8% gap
BLLN
117.4%
23.6%
OS
Higher net margin
BLLN
BLLN
6.2% more per $
BLLN
6.8%
0.6%
OS
More free cash flow
OS
OS
$19.2M more FCF
OS
$25.6M
$6.5M
BLLN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BLLN
BLLN
OS
OS
Revenue
$83.5M
$163.7M
Net Profit
$5.7M
$999.0K
Gross Margin
69.9%
69.8%
Operating Margin
11.5%
-3.2%
Net Margin
6.8%
0.6%
Revenue YoY
117.4%
23.6%
Net Profit YoY
138.3%
EPS (diluted)
$0.10

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
OS
OS
Q4 25
$163.7M
Q3 25
$83.5M
$154.3M
Q2 25
$147.6M
Q1 25
$136.3M
Q4 24
$132.5M
Q3 24
$38.4M
$129.1M
Q2 24
$117.5M
Q1 24
$110.3M
Net Profit
BLLN
BLLN
OS
OS
Q4 25
$999.0K
Q3 25
$5.7M
$-8.8M
Q2 25
$-18.4M
Q1 25
$-24.0M
Q4 24
Q3 24
$-14.9M
$-171.9M
Q2 24
$-7.8M
Q1 24
$-5.0M
Gross Margin
BLLN
BLLN
OS
OS
Q4 25
69.8%
Q3 25
69.9%
68.1%
Q2 25
68.6%
Q1 25
68.0%
Q4 24
66.8%
Q3 24
52.6%
50.1%
Q2 24
68.5%
Q1 24
69.1%
Operating Margin
BLLN
BLLN
OS
OS
Q4 25
-3.2%
Q3 25
11.5%
-11.3%
Q2 25
-21.8%
Q1 25
-29.3%
Q4 24
-35.8%
Q3 24
-32.9%
-197.6%
Q2 24
-9.8%
Q1 24
-4.9%
Net Margin
BLLN
BLLN
OS
OS
Q4 25
0.6%
Q3 25
6.8%
-5.7%
Q2 25
-12.5%
Q1 25
-17.6%
Q4 24
Q3 24
-38.8%
-133.1%
Q2 24
-6.7%
Q1 24
-4.5%
EPS (diluted)
BLLN
BLLN
OS
OS
Q4 25
Q3 25
$0.10
Q2 25
Q1 25
Q4 24
Q3 24
$-1.47
$-1.06
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
BLLN
BLLN
OS
OS
Cash + ST InvestmentsLiquidity on hand
$195.2M
$693.6M
Total DebtLower is stronger
$55.0M
Stockholders' EquityBook value
$-239.5M
$504.7M
Total Assets
$327.5M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLLN
BLLN
OS
OS
Q4 25
$693.6M
Q3 25
$195.2M
$653.9M
Q2 25
$652.1M
Q1 25
$593.9M
Q4 24
$544.2M
Q3 24
$495.5M
Q2 24
$140.5M
Q1 24
Total Debt
BLLN
BLLN
OS
OS
Q4 25
Q3 25
$55.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BLLN
BLLN
OS
OS
Q4 25
$504.7M
Q3 25
$-239.5M
$472.1M
Q2 25
$458.2M
Q1 25
$412.9M
Q4 24
$386.2M
Q3 24
$-242.9M
$458.2M
Q2 24
$97.5M
Q1 24
$102.5M
Total Assets
BLLN
BLLN
OS
OS
Q4 25
$1.0B
Q3 25
$327.5M
$949.4M
Q2 25
$910.5M
Q1 25
$867.3M
Q4 24
$823.2M
Q3 24
$750.1M
Q2 24
$379.7M
Q1 24

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
OS
OS
Operating Cash FlowLast quarter
$13.8M
$25.8M
Free Cash FlowOCF − Capex
$6.5M
$25.6M
FCF MarginFCF / Revenue
7.7%
15.7%
Capex IntensityCapex / Revenue
8.8%
0.1%
Cash ConversionOCF / Net Profit
2.42×
25.79×
TTM Free Cash FlowTrailing 4 quarters
$95.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLLN
BLLN
OS
OS
Q4 25
$25.8M
Q3 25
$13.8M
$5.0M
Q2 25
$29.7M
Q1 25
$36.2M
Q4 24
Q3 24
$2.4M
Q2 24
$8.1M
Q1 24
$25.5M
Free Cash Flow
BLLN
BLLN
OS
OS
Q4 25
$25.6M
Q3 25
$6.5M
$4.8M
Q2 25
$29.4M
Q1 25
$35.8M
Q4 24
Q3 24
$1.3M
Q2 24
$7.7M
Q1 24
$24.9M
FCF Margin
BLLN
BLLN
OS
OS
Q4 25
15.7%
Q3 25
7.7%
3.1%
Q2 25
19.9%
Q1 25
26.3%
Q4 24
Q3 24
1.0%
Q2 24
6.6%
Q1 24
22.5%
Capex Intensity
BLLN
BLLN
OS
OS
Q4 25
0.1%
Q3 25
8.8%
0.1%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
Q3 24
0.8%
Q2 24
0.3%
Q1 24
0.6%
Cash Conversion
BLLN
BLLN
OS
OS
Q4 25
25.79×
Q3 25
2.42×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
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%

OS
OS

Subscription And Circulation$150.3M92%
Professional Services And Other$9.4M6%
License$4.0M2%

Related Comparisons