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BDTXBlack Diamond Therapeutics, Inc.
$1.66$95M
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BDTX logoBlack Diamond Therapeutics, Inc.(BDTX)Earnings, Financials & Key Ratios

BDTX•NASDAQ
4.3× P/E·Price updated Jun 19, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryOncology Therapeutics Developers
AboutBlack Diamond Therapeutics, Inc., a biotechnology company, discover, develops, and commercializes medicines for patient with genetically defined tumors. It develops BDTX-189, an irreversible small molecule inhibitor that is designed to targets oncogenic proteins defined by the non-canonical epidermal growth factor receptor (EGFR) and human epidermal growth factor receptor 2 driver mutations. The company is also developing BDTX-1535, a brain-penetrant inhibitor of EGFR mutations, including canonical, intrinsic resistance, and acquired resistance mutations; and BDTX-4933, a brain-penetrant inhibitor of oncogenic BRAF class I, II and III alterations. It has a strategic partnership with OpenEye Scientific Software, Inc. The company was formerly known as ASET Therapeutics, Inc. and changed its name to Black Diamond Therapeutics, Inc. in January 2018. Black Diamond Therapeutics, Inc. was incorporated in 2014 and is headquartered in Cambridge, Massachusetts.Show more
  • Revenue$70M
  • EBITDA$20M+125.7%
  • Net Income$22M+132.1%
  • EPS (Diluted)0.39+130.7%
  • Gross Margin99.54%
  • EBITDA Margin28.85%
  • Operating Margin28.39%
  • Net Margin31.95%
  • ROE22.88%+132.8%

BDTX Key Insights

Black Diamond Therapeutics, Inc. (BDTX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 8/9
  • ✓FCF machine: 42.3% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy 5Y average net margin of 32.0%
  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗Weak momentum: RS Rating 8 (bottom 8%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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BDTX Price & Volume

Black Diamond Therapeutics, Inc. (BDTX) stock price & volume — 10-year historical chart

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BDTX Growth Metrics

Black Diamond Therapeutics, Inc. (BDTX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-100%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-948.77%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-1366.67%

Return on Capital

10 Years-38.85%
5 Years-41.54%
3 Years-36.61%
Last Year17.33%

BDTX Recent Earnings

Black Diamond Therapeutics, Inc. (BDTX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 1/12 qtrs (100%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.16+11.1%
$0.18
Rev
—
$25M
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$0.14+22.2%
$0.18
Rev
—
$9M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.15+31.8%
$0.22
Rev
—
—
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.19+24.0%
$0.25
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.16vs $0.18+11.1%
—vs $25M
Q2 2026Mar 16, 2026
$0.14vs $0.18+22.2%
—vs $9M
Q4 2025Nov 6, 2025
$0.15vs $0.22+31.8%
—
Q3 2025Aug 7, 2025
$0.19vs $0.25+24.0%
—
Based on last 12 quarters of dataView full earnings history →

BDTX Peer Comparison

Black Diamond Therapeutics, Inc. (BDTX) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
KYMR logoKYMRKymera Therapeutics, Inc.Direct Competitor7.38B90.43-24.51-16.72%-6.12%-25.02%0.05
NUVL logoNUVLNuvalent, Inc.Direct Competitor9.08B123.43-21.10-42.78%
AUPH logoAUPHAurinia Pharmaceuticals Inc.Direct Competitor2.12B16.467.9520.38%99.97%64.48%0.13
ERAS logoERASErasca, Inc.Direct Competitor4.25B13.67-31.07-77.01%0.14
ARVN logoARVNArvinas, Inc.Product Competitor494.88M7.67-5.99-0.3%-247.54%-44.39%0.02
MGNX logoMGNXMacroGenics, Inc.Product Competitor262.52M4.13-3.500.78%-44.79%-147.8%1.92
PRME logoPRMEPrime Medicine, Inc.Product Competitor583.39M3.23-2.3955.28%-49.18%-188.82%0.96
CGEM logoCGEMCullinan Therapeutics, Inc.Product Competitor923.71M15.03-4.04-51.45%0.01

Compare BDTX vs Peers

Black Diamond Therapeutics, Inc. (BDTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KYMR

Most directly comparable listed peer for BDTX.

Scale Benchmark

vs MEDP

Larger-name benchmark to compare BDTX against a more recognizable public peer.

Peer Set

Compare Top 5

vs KYMR, NUVL, AUPH, ERAS

BDTX Income Statement

Black Diamond Therapeutics, Inc. (BDTX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
0000000070M0
Revenue Growth %
----------100%
Cost of Goods Sold
24K44K47K000437K0325K113K
COGS % of Revenue
--------0.46%-
Gross Profit
-24K▲ 0%
-44K▼ 83.3%
-47K▼ 6.8%
0▲ 100.0%
0▲ 0%
0▲ 0%
-437K▲ 0%
0▲ 100.0%
69.67M▲ 0%
-113K▲ 0%
Gross Margin %
--------99.54%-
Gross Profit Growth %
--83.33%-6.82%100%---100%--
Operating Expenses
4.12M8.9M29.33M69.57M126.87M92.83M86.02M78.78M49.8M53.18M
OpEx % of Revenue
--------71.15%-
Selling, General & Admin
666K1.95M7.58M21.36M30.04M28.39M27.11M27.47M16.57M15.86M
SG&A % of Revenue
--------23.67%-
Research & Development
3.45M6.95M21.75M48.21M96.83M64.44M58.91M51.31M33.56M30.05M
R&D % of Revenue
--------47.94%-
Other Operating Expenses
-6K-16K000000-325K914K
Operating Income
-4.12M▲ 0%
-8.9M▼ 116.2%
-8.9M▲ 0.0%
-69.57M▼ 681.3%
-126.87M▼ 82.4%
-92.83M▲ 26.8%
-86.46M▲ 6.9%
-78.78M▲ 8.9%
19.87M▲ 125.2%
-53.27M▲ 0%
Operating Margin %
--------28.39%-
Operating Income Growth %
--116.17%0%-681.33%-82.37%26.83%6.86%8.88%125.22%-
EBITDA
-4.09M-8.86M-8.86M-68.97M-126.67M-92.32M-86.02M-78.44M20.2M-53M
EBITDA Margin %
--------28.85%-
EBITDA Growth %
--116.36%0.03%-678.71%-83.66%27.12%6.82%8.82%125.75%-1347.75%
D&A (Non-Cash Add-back)
24K44K47K600K205K508K437K343K325K265K
EBIT
-4.12M-8.93M-29.33M-67.25M-126.87M-92.83M-86.46M-78.78M19.87M-40.58M
Net Interest Income
00461K4.04M3.46M2.03M1.92M2.18M4.06M4.49M
Interest Income
04K461K4.04M3.46M2.03M1.92M2.18M4.06M4.49M
Interest Expense
65K001K000000
Other Income/Expense
-483K-27K-5.93M2.32M1.28M1.66M4.02M9.11M2.5M10.06M
Pretax Income
-4.6M▲ 0%
-8.93M▼ 94.1%
-35.26M▼ 294.8%
-67.25M▼ 90.7%
-125.6M▼ 86.7%
-91.17M▲ 27.4%
-82.44M▲ 9.6%
-69.68M▲ 15.5%
22.37M▲ 132.1%
-43.21M▲ 0%
Pretax Margin %
--------31.95%-
Income Tax
0-27K00000000
Effective Tax Rate %
0%0.3%0%0%0%0%0%0%0%0%
Net Income
-4.6M▲ 0%
-8.93M▼ 94.1%
-35.26M▼ 294.8%
-67.25M▼ 90.7%
-125.6M▼ 86.7%
-91.17M▲ 27.4%
-82.44M▲ 9.6%
-69.68M▲ 15.5%
22.37M▲ 132.1%
-43.21M▲ 0%
Net Margin %
--------31.95%-
Net Income Growth %
--94.07%-294.78%-90.75%-86.75%27.41%9.57%15.48%132.1%-948.77%
Net Income (Continuing)
-4.6M-8.93M-35.26M-67.25M-125.6M-91.17M-82.44M-69.68M22.37M-43.21M
Discontinued Operations
0000000000
Minority Interest
0000000000
EPS (Diluted)
-0.64▲ 0%
-0.64▲ 0.0%
-1.15▼ 79.7%
-2.04▼ 77.4%
-3.47▼ 70.1%
-2.52▲ 27.4%
-1.88▲ 25.4%
-1.27▲ 32.4%
0.39▲ 130.7%
-0.76▲ 0%
EPS Growth %
-0%-79.69%-77.39%-70.1%27.38%25.4%32.45%130.71%-1366.67%
EPS (Basic)
-0.64-0.64-1.15-2.04-3.47-2.52-1.88-1.270.39-
Diluted Shares Outstanding
7.2M13.95M35.91M32.91M36.19M36.23M43.95M55.03M57.56M57.23M
Basic Shares Outstanding
7.2M13.95M35.91M32.91M36.19M36.23M43.95M55.03M56.87M57.23M
Dividend Payout Ratio
----------

BDTX Balance Sheet

Black Diamond Therapeutics, Inc. (BDTX) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
7.91M51.68M155.71M319.55M215.7M127.71M134.03M101.18M132.44M122.97M
Cash & Short-Term Investments
7.88M51.66M154.67M315.07M209.79M122.81M131.4M98.58M128.65M118.26M
Cash Only
7.88M51.66M154.67M34.6M65.8M34.31M56.22M36.44M20.99M30.07M
Short-Term Investments
000280.46M143.99M88.49M75.18M62.14M107.66M88.19M
Accounts Receivable
0000000000
Days Sales Outstanding
----------
Inventory
0000000000
Days Inventory Outstanding
----------
Other Current Assets
000004.9M2.63M2.6M3.79M4.71M
Total Non-Current Assets
107K142K2.58M10.12M31.98M28.55M24.53M21.46M10.57M9.96M
Property, Plant & Equipment
102K134K164K8.79M30.74M27.38M23.71M20.4M9.67M9.1M
Fixed Asset Turnover
--------7.24x0.00x
Goodwill
0000000000
Intangible Assets
0000000000
Long-Term Investments
00000000829K1.66M
Other Non-Current Assets
5K8K2.42M1.33M1.24M1.17M823K1.07M73K29K
Total Assets
8.02M▲ 0%
51.83M▲ 546.1%
158.29M▲ 205.4%
329.67M▲ 108.3%
247.68M▼ 24.9%
156.25M▼ 36.9%
158.57M▲ 1.5%
122.64M▼ 22.7%
143.01M▲ 16.6%
132.92M▲ 0%
Asset Turnover
--------0.49x0.00x
Asset Growth %
-546.13%205.44%108.26%-24.87%-36.91%1.48%-22.66%16.61%17.35%
Total Current Liabilities
2.23M2.58M4.86M14.22M23.64M15.26M19.65M20.57M15.73M14.53M
Accounts Payable
152K416K1.96M2.54M4.11M1.88M2.32M4.01M579K2.97M
Days Payables Outstanding
2.31K3.45K15.25K---1.94K-650.264.28K
Short-Term Debt
0000000003.79M
Deferred Revenue (Current)
0000000000
Other Current Liabilities
0000000015.15M7.77M
Current Ratio
3.55x20.07x32.02x22.48x9.12x8.37x6.82x4.92x8.42x8.46x
Quick Ratio
3.55x20.07x32.02x22.48x9.12x8.37x6.82x4.92x8.42x8.46x
Cash Conversion Cycle
----------
Total Non-Current Liabilities
12.47M64.79M200.59M7.69M28.14M25.3M22.18M18.78M15.07M14.09M
Long-Term Debt
060.77M00000000
Capital Lease Obligations
0007.69M28.14M25.3M22.18M18.78M15.07M62.16M
Deferred Tax Liabilities
0000000000
Other Non-Current Liabilities
12.47M4.02M200.59M0000000
Total Liabilities
14.7M67.37M205.45M21.91M51.78M40.56M41.83M39.35M30.8M28.62M
Total Debt
12.46M60.77M08.74M28.46M28.14M25.3M22.19M15.07M17.88M
Net Debt
4.58M9.11M-154.67M-25.86M-37.34M-6.17M-30.92M-14.25M-5.92M-12.19M
Debt / Equity
---0.03x0.15x0.24x0.22x0.27x0.13x0.17x
Debt / EBITDA
--------0.75x-0.34x
Net Debt / EBITDA
---------0.29x0.23x
Interest Coverage
-63.37x---67254.00x------
Total Equity
-6.67M▲ 0%
-15.54M▼ 132.8%
-47.16M▼ 203.4%
307.76M▲ 752.6%
195.9M▼ 36.3%
115.69M▼ 40.9%
116.74M▲ 0.9%
83.28M▼ 28.7%
112.21M▲ 34.7%
104.3M▲ 0%
Equity Growth %
--132.84%-203.42%752.62%-36.35%-40.94%0.9%-28.66%34.73%57.36%
Book Value per Share
-0.93-1.11-1.319.355.413.192.661.511.951.82
Total Shareholders' Equity
-6.67M-15.54M-47.16M307.76M195.9M115.69M116.74M83.28M112.21M104.3M
Common Stock
1K1K1K5K5K5K7K7K8K8K
Retained Earnings
-6.78M-15.71M-50.97M-118.22M-243.82M-334.99M-417.43M-487.11M-464.74M-473.78M
Treasury Stock
56K100K00000000
Accumulated OCI
-56K-100K0614K-414K-1.82M-27K24K101K-36K
Minority Interest
0000000000

BDTX Cash Flow Statement

Black Diamond Therapeutics, Inc. (BDTX) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
-2.35M-8.45M-24.67M-52.15M-100.15M-85.08M-66.72M-62.3M29.61M-34.03M
Operating CF Margin %
--------42.31%-
Operating CF Growth %
--259.59%-191.86%-111.34%-92.05%15.04%21.59%6.62%147.53%4.24%
Net Income
-4.6M-8.93M-35.26M-67.25M-125.6M-91.17M-82.44M-69.68M22.37M-43.21M
Depreciation & Amortization
24K44K47K52K205K508K437K343K325K265K
Stock-Based Compensation
5K64K3.64M7.76M14.04M12.2M9.6M10.63M6.63M3.19M
Deferred Taxes
412K001.73M2.18M00000
Other Non-Cash Items
66K15K6.43M524K2.01M3.28M2M-905K9.02M12.25M
Working Capital Changes
1.74M354K463K5.04M7.02M-9.9M3.69M-2.69M-8.73M-6.52M
Change in Receivables
0000000000
Change in Inventory
0000000000
Change in Payables
-59K264K1.45M1.07M1.57M-2.23M597K1.68M-3.43M341K
Cash from Investing
-77K-76K-21K-281.69M130.61M53.37M16.35M16.97M-44.91M-33.95M
Capital Expenditures
-77K-76K-21K-142K-2.71M-192K-33K000
CapEx % of Revenue
----------
Acquisitions
000118K2.7M9K094K27K14K
Investments
----------
Other Investing
000-118K-2.7M095K074K74K
Cash from Financing
9.97M52.31M127.76M214.94M729K177K71.93M25.55M-146K-363K
Debt Issued (Net)
-50K000000000
Equity Issued (Net)
052.31M129.5M213.84M729K177K71.85M24.49M-146K-178K
Dividends Paid
0000000000
Share Repurchases
0000000000
Other Financing
10.02M0-1.74M1.1M0082K1.05M0-185K
Net Change in Cash
7.55M▲ 0%
43.78M▲ 480.2%
103.06M▲ 135.4%
-118.89M▼ 215.4%
31.19M▲ 126.2%
-31.54M▼ 201.1%
21.56M▲ 168.4%
-19.79M▼ 191.8%
-15.44M▲ 22.0%
-68.34M▲ 0%
Free Cash Flow
-2.43M▲ 0%
-8.53M▼ 251.3%
-24.7M▼ 189.5%
-52.29M▼ 111.7%
-102.86M▼ 96.7%
-85.27M▲ 17.1%
-66.75M▲ 21.7%
-62.3M▲ 6.7%
29.61M▲ 147.5%
-34.03M▲ 0%
FCF Margin %
--------42.31%-
FCF Growth %
--251.32%-189.51%-111.74%-96.71%17.1%21.72%6.66%147.53%-225.88%
FCF per Share
-0.34-0.61-0.69-1.59-2.84-2.35-1.52-1.130.51-0.59
FCF Conversion (FCF/Net Income)
0.51x0.95x0.70x0.78x0.80x0.93x0.81x0.89x1.32x0.79x
Interest Paid
0000000000
Taxes Paid
0000000000

BDTX Key Ratios

Black Diamond Therapeutics, Inc. (BDTX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric20182019202020212022202320242025TTM
Return on Equity (ROE)
---51.61%-49.87%-58.52%-70.94%-69.67%22.88%-36.37%
Return on Invested Capital (ROIC)
---130.33%-43.21%-51.94%-66.39%-76.31%17%-36.9%
Gross Margin
-------99.54%-
Net Margin
-------31.95%-
Debt / Equity
--0.03x0.15x0.24x0.22x0.27x0.13x0.17x
Interest Coverage
---67254.00x------
FCF Conversion
0.95x0.70x0.78x0.80x0.93x0.81x0.89x1.32x0.79x
Revenue Growth
---------100%
Related:BDTX Dividend History·BDTX Revenue History·BDTX Price History·BDTX P/E History·BDTX Financial Ratios·BDTX Institutional Holders

BDTX SEC Filings & Documents

Black Diamond Therapeutics, Inc. (BDTX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Mar 16, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

BDTX Frequently Asked Questions

Black Diamond Therapeutics, Inc. (BDTX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Black Diamond Therapeutics, Inc. (BDTX) reported $70.0M in revenue for fiscal year 2025.

Black Diamond Therapeutics, Inc. (BDTX) grew revenue by 0.0% over the past year. Growth has been modest.

Black Diamond Therapeutics, Inc. (BDTX) reported a net loss of $43.2M for fiscal year 2025.

Dividend & Returns

Black Diamond Therapeutics, Inc. (BDTX) has a return on equity (ROE) of 22.9%. This is excellent, indicating efficient use of shareholder capital.

Black Diamond Therapeutics, Inc. (BDTX) had negative free cash flow of $34.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in BDTX back in 2017?

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