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Financial statements

Bionano Genomics, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Bionano Genomics, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue9.511210.18.51827.836.130.828.5
Cost of revenue6.038.716.775.7314.121.926.630.415.3
Gross profit3.473.293.362.773.875.959.570.3813.2
Research and development129.489.0810.322.5495424.811.4
Selling, general and administrative14.114.220.231.158.588.692.851.935.2
Operating income-23.2-20.4-25.9-38.6-77.1-132-215-104-33.3
Interest expense0.591.382.292.520.930.35.12
Interest income0.41.53.31.51
Other non-operating income-0.131.93-3.92-2.53-1.050.99-17.2-87.01
Pre-tax income-23.3-18.5-29.8-41.1-78.2-131-232-112-26.3
Income tax0.020.020.020.03-5.721.880.060.030.07
Net income-23.4-18.5-29.8-41.1-72.4-133-232-112-26.4
EBITDA-21.7-19.1-24.7-37.1-73.8-122-202-90-23.8
EPS, basic-5,167.00-1,559.00-1,189.00-232.98-155.32-274.80-408.60-88.13-4.85
EPS, diluted-5,167.00-1,559.00-1,189.00-232.98-155.32-274.80-408.60-88.13-4.85
Shares, basic (weighted)00.010.030.170.460.480.571.275.45
Shares, diluted (weighted)00.010.030.170.460.480.571.275.45

Balance sheet

FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents1.0216.517.338.424.65.0917.99.172.99
Short-term investments022610848.80.316.3
Receivables3.354.516.332.784.937.029.324.755.2
Inventory1.691.073.443.3212.429.827.613.37.83
Other current assets0.550.380.460.461.382.410.981.321.76
Total current assets7.142328.346.827215714039.545.4
Property, plant and equipment3.011.781.954.9110.31823.319.214.8
Lease right-of-use assets06.697.225.631.83.22
Goodwill07.1756.277.30
Intangible assets01.4826.841.1349.714.35
Other non-current assets00.10.752.417.432.752.69
Total assets10.124.830.260.537730821476.773.6
Accounts payable2.31.352.72.9310.812.510.46.965.59
Accrued liabilities3.512.93.235.68.6210.68.095.645.46
Deferred revenue0.210.270.360.420.680.870.781.130.97
Short-term debt6.73020.10
Total current liabilities16.74.5226.48.9521.835.910037.322.9
Long-term debt09.03016.30
Lease liabilities05.295.53.590.152.49
Other non-current liabilities0.570.810.040
Total liabilities17.414.726.625.44058.111841.329.2
Total debt6.739.0320.116.30
Paid-in capital4.0482.9106179554599677729764
Retained earnings-54.3-72.8-103-144-216-349-581-693-720
Other comprehensive income0-0.54-1.120.020.030.02
Shareholders' equity-50.210.13.6135.133724996.235.444.4
Total equity-50.210.13.6135.133724996.235.444.4
Total liabilities and equity10.124.830.260.537730821476.773.6
Shares outstanding00.020.060.320.480.50.761.8710.7

Cash flow statement

FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-23.4-18.5-29.8-41.1-72.4-133-232-112-26.4
Depreciation and amortization1.51.321.131.483.359.6213.7149.53
Stock-based compensation0.381.191.351.559.7222.415.29.744.53
Deferred income tax0-5.781.76000
Change in receivables-1.77-0.9-2.372.09-0.49-2.25-2.34.14-0.45
Change in inventory-0.34-0.42-3.64-4.2-15.9-23.7-4.15-0.594.92
Change in payables1.54-0.951.36-1.816.781.95-2-3.42-1.37
Cash from operations-20.8-19.9-29.5-38.3-71.9-125-125-68.9-16.3
Capital expenditures-1.02-0.33-0.060
Acquisitions0-2.45-31.30
Purchases of investments0-313-84.2-111-233-242
Sales and maturities of investments086.522.8033.31.4
Cash from investing-1.02-0.33-0.06-2.45-27882.824.273.8-12.7
Stock issued0.01023.157.744.431.1
Cash from financing17.635.830.461.933623114-13.724
Exchange rate effect0-0.040.07-0.01-0.01
Net change in cash-4.2315.50.7921.1-13.9-19.112.9-8.78-5.06
Free cash flow-21.8-20.3-29.6-38.3
Interest paid0.530.71.281.251.910.31.6510.71.67
Income taxes paid0.050.12

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.66 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin47.5%Gross profit / revenue.
Operating margin-106.7%Operating income / revenue.
EBITDA margin-80.1%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-106.4%Pre-tax income / revenue.
Net margin-106.6%Net income / revenue.
Operating cash flow margin-67.9%Cash from operations / revenue.
Return on equity (ROE)-101.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-67.6%Net income / average total assets.
Return on invested capital (ROIC)-91.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue40.4%Research and development expense / revenue.
SG&A / revenue113.7%Selling, general and administrative expense / revenue.
Stock-based pay / revenue11.6%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue26.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-7.4%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y0.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y27.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y3,370.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y30.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y36.6%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y25.6%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-43.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y4.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-4.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-37.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y4.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y328.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y124.4%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y99.0%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.48xCurrent assets / current liabilities.
Quick ratio1.42x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.99x(Cash + short-term investments) / current liabilities.
Liabilities / assets33.6%Total liabilities / total assets.
Working capital$14.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets3.5%(Goodwill + intangible assets) / total assets.
Tangible book value$29.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.63xRevenue / average total assets.
Fixed asset turnover2.32xRevenue / average property, plant and equipment.
Inventory turnover2.26xCost of revenue / average inventory.
Days inventory162 days365 x average inventory / cost of revenue.
Receivables turnover6.91xRevenue / average receivables.
Days sales outstanding53 days365 x average receivables / revenue.
Days payables105 days365 x average accounts payable / cost of revenue.
Cash conversion cycle109 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.79Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$2.61Revenue / diluted weighted shares.
Operating cash flow per share-$1.77Cash from operations / diluted weighted shares.
Book value per share$2.68Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$2.54Tangible book value / shares outstanding.
Cash per share$0.84(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$19.5MShare price x shares outstanding.
Enterprise value$9.6MMarket cap + total debt - cash - short-term investments.
P/S0.65xMarket cap / revenue.
P/B0.62xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.65xMarket cap / tangible book value, when positive.
EV/Sales0.32xEnterprise value / revenue.
Earnings yield-164.5%Net income / market cap (the inverse of P/E).
What was Bionano Genomics, Inc.'s revenue in fiscal 2025?

Bionano Genomics, Inc. reported revenue of $28.5M for fiscal 2025, 7.4% lower than the year before.

Was Bionano Genomics, Inc. profitable in fiscal 2025?

No. It reported a net loss of $26.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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