8-K Announcements
6May 4, 2026·SEC
Feb 26, 2026·SEC
Nov 3, 2025·SEC
Biodesix, Inc. (BDSX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Biodesix, Inc. (BDSX) stock price & volume — 10-year historical chart
Biodesix, Inc. (BDSX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Biodesix, Inc. (BDSX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.81vs $1.13+28.3% | $26Mvs $23M+10.5% |
| Q1 2026 | Feb 26, 2026 | $0.49vs $1.05+53.3% | $29Mvs $26M+11.8% |
| Q4 2025 | Nov 3, 2025 | $1.16vs $1.60+27.5% | $22Mvs $26M-17.1% |
| Q3 2025 | Aug 7, 2025 | $1.60vs $1.40-14.3% | $20Mvs $18M+8.4% |
Biodesix, Inc. (BDSX) competitors in Molecular and Genetic Diagnostics — business model, growth, and fundamentals comparison
Biodesix, Inc. (BDSX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Biodesix, Inc. (BDSX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 20.43M | 24.55M | 45.56M | 54.51M | 38.21M | 49.09M | 71.32M | 88.5M | 96.1M |
| Revenue Growth % | - | 20.16% | 85.55% | 19.64% | -29.89% | 28.46% | 45.3% | 24.08% | 29.05% |
| Cost of Goods Sold | 4.41M | 6.07M | 22M | 30.52M | 14.15M | 13.01M | 15.57M | 21.91M | 13.02M |
| COGS % of Revenue | 21.56% | 24.74% | 48.29% | 55.99% | 37.04% | 26.5% | 21.83% | 24.75% | - |
| Gross Profit | 16.03M▲ 0% | 18.48M▲ 15.3% | 23.56M▲ 27.5% | 23.99M▲ 1.8% | 24.06M▲ 0.3% | 36.08M▲ 50.0% | 55.75M▲ 54.5% | 66.59M▲ 19.5% | 57.52M▲ 0% |
| Gross Margin % | 78.44% | 75.26% | 51.71% | 44.01% | 62.96% | 73.5% | 78.17% | 75.25% | 59.86% |
| Gross Profit Growth % | - | 15.3% | 27.5% | 1.82% | 0.29% | 49.96% | 54.53% | 19.45% | - |
| Operating Expenses | 34.09M | 45.22M | 46.49M | 64.93M | 74.64M | 77.42M | 90.25M | 94.36M | 108.02M |
| OpEx % of Revenue | 166.83% | 184.18% | 102.05% | 119.12% | 195.34% | 157.72% | 126.53% | 106.62% | - |
| Selling, General & Admin | 25.9M | 30.64M | 34.86M | 50.52M | 61.46M | 67.39M | 80.45M | 87.55M | 91.36M |
| SG&A % of Revenue | 126.76% | 124.78% | 76.51% | 92.68% | 160.84% | 137.28% | 112.8% | 98.92% | - |
| Research & Development | 8.19M | 10.47M | 10.82M | 12.79M | 13.1M | 9.99M | 9.56M | 12M | 12.42M |
| R&D % of Revenue | 40.07% | 42.64% | 23.75% | 23.46% | 34.29% | 20.35% | 13.4% | 13.56% | - |
| Other Operating Expenses | 0 | 4.11M | 818K | 1.62M | 81K | 44K | 238K | -5.19M | 1.03M |
| Operating Income | -23.46M▲ 0% | -26.74M▼ 14.0% | -22.93M▲ 14.2% | -40.94M▼ 78.5% | -50.59M▼ 23.6% | -41.34M▲ 18.3% | -34.5M▲ 16.6% | -27.87M▲ 19.2% | -24.94M▲ 0% |
| Operating Margin % | -114.82% | -108.92% | -50.34% | -75.11% | -132.39% | -84.22% | -48.37% | -31.5% | -25.95% |
| Operating Income Growth % | - | -13.98% | 14.24% | -78.51% | -23.56% | 18.28% | 16.55% | 19.2% | - |
| EBITDA | -21.72M | -23.95M | -20.03M | -37.76M | -44.74M | -35.84M | -29.04M | -22.2M | -20.77M |
| EBITDA Margin % | -106.31% | -97.54% | -43.97% | -69.28% | -117.09% | -73% | -40.72% | -25.09% | -21.61% |
| EBITDA Growth % | - | -10.25% | 16.36% | -88.52% | -18.49% | 19.91% | 18.96% | 23.55% | 23.3% |
| D&A (Non-Cash Add-back) | 1.74M | 2.79M | 2.9M | 3.18M | 5.84M | 5.51M | 5.46M | 5.67M | 4.17M |
| EBIT | -23.25M | -27.72M | -23.75M | -38.65M | -57.38M | -42.61M | -34.67M | -27.55M | -18.13M |
| Net Interest Income | -2.89M | -2.95M | -7.6M | -4.51M | -8.07M | -9.54M | -8.26M | -7.72M | -6.03M |
| Interest Income | 24K | 55K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.92M | 3.01M | 7.6M | 4.51M | 8.07M | 9.54M | 8.26M | 7.72M | 4.05M |
| Other Income/Expense | -2.71M | -3.98M | -8.42M | -2.22M | -14.86M | -10.8M | -8.43M | -7.39M | -7.02M |
| Pretax Income | -26.17M▲ 0% | -30.73M▼ 17.4% | -31.35M▼ 2.0% | -43.16M▼ 37.7% | -65.45M▼ 51.6% | -52.15M▲ 20.3% | -42.93M▲ 17.7% | -35.27M▲ 17.9% | -31.96M▲ 0% |
| Pretax Margin % | -128.06% | -125.15% | -68.81% | -79.18% | -171.27% | -106.23% | -60.19% | -39.85% | -33.26% |
| Income Tax | 211K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.81% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -26.17M▲ 0% | -30.73M▼ 17.4% | -31.35M▼ 2.0% | -43.16M▼ 37.7% | -65.45M▼ 51.6% | -52.15M▲ 20.3% | -42.93M▲ 17.7% | -35.27M▲ 17.9% | -31.96M▲ 0% |
| Net Margin % | -128.06% | -125.15% | -68.81% | -79.18% | -171.27% | -106.23% | -60.19% | -39.85% | -33.26% |
| Net Income Growth % | - | -17.43% | -2.03% | -37.67% | -51.64% | 20.32% | 17.67% | 17.86% | 20.93% |
| Net Income (Continuing) | -26.17M | -30.73M | -31.35M | -43.16M | -65.45M | -52.15M | -42.93M | -35.27M | -31.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -19.80▲ 0% | -0.67▲ 96.6% | -6.48▼ 867.2% | -31.60▼ 387.7% | -31.00▲ 1.9% | -12.80▲ 58.7% | -6.60▲ 48.4% | -4.67▲ 29.2% | -3.31▲ 0% |
| EPS Growth % | - | 96.62% | -867.16% | -387.65% | 1.9% | 58.71% | 48.44% | 29.24% | 30% |
| EPS (Basic) | -19.80 | -0.67 | -6.48 | -31.60 | -31.00 | -12.80 | -6.60 | -4.67 | - |
| Diluted Shares Outstanding | 1.33M | 45.71M | 4.84M | 1.37M | 2.11M | 4.11M | 6.48M | 7.55M | 9.66M |
| Basic Shares Outstanding | 1.33M | 45.71M | 4.84M | 1.37M | 2.11M | 4.11M | 6.48M | 7.55M | 9.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Biodesix, Inc. (BDSX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 9.91M | 12.7M | 86.14M | 43.61M | 53.33M | 39.68M | 39.48M | 32.52M | 40.91M |
| Cash & Short-Term Investments | 5.91M | 5.29M | 62.13M | 32.71M | 43.09M | 26.28M | 26.25M | 18.99M | 25.57M |
| Cash Only | 5.91M | 5.29M | 62.13M | 32.71M | 43.09M | 26.28M | 26.25M | 18.99M | 25.57M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.89M | 5.29M | 15.3M | 3.66M | 5.07M | 7.68M | 8.6M | 9.04M | 9.5M |
| Days Sales Outstanding | 33.8 | 78.67 | 122.61 | 24.48 | 48.38 | 57.1 | 44.03 | 37.27 | 36.71 |
| Inventory | 700K | 800K | 3.2M | 2.9M | 1.4M | 1.4M | 0 | 0 | 0 |
| Days Inventory Outstanding | 57.99 | 48.07 | 53.1 | 34.68 | 36.1 | 39.28 | - | - | 9.81 |
| Other Current Assets | 1.41M | 1.32M | 8.71M | 7.25M | 5.18M | 4.32M | 4.64M | 4.5M | 5.84M |
| Total Non-Current Assets | 29.14M | 28.93M | 34.93M | 32.48M | 39.57M | 59.41M | 57.76M | 54.96M | 53.73M |
| Property, Plant & Equipment | 1.39M | 2.12M | 3.18M | 4.18M | 8.82M | 29.61M | 29.59M | 27.81M | 27.38M |
| Fixed Asset Turnover | 14.72x | 11.58x | 14.34x | 13.04x | 4.33x | 1.66x | 2.41x | 3.18x | 3.37x |
| Goodwill | 10.8M | 11.63M | 15.03M | 15.03M | 15.03M | 15.03M | 15.03M | 15.03M | 15.03M |
| Intangible Assets | 16.85M | 15.09M | 13.26M | 11.62M | 9.8M | 7.91M | 5.87M | 3.88M | 3.45M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 99K | 90K | 3.46M | 1.66M | 5.92M | 6.86M | 7.26M | 8.23M | 28.46M |
| Total Assets | 39.06M▲ 0% | 41.63M▲ 6.6% | 121.07M▲ 190.8% | 76.1M▼ 37.1% | 92.91M▲ 22.1% | 99.1M▲ 6.7% | 97.24M▼ 1.9% | 87.48M▼ 10.0% | 94.64M▲ 0% |
| Asset Turnover | 0.52x | 0.59x | 0.38x | 0.72x | 0.41x | 0.50x | 0.73x | 1.01x | 1.07x |
| Asset Growth % | - | 6.6% | 190.8% | -37.15% | 22.09% | 6.66% | -1.87% | -10.04% | -38.21% |
| Total Current Liabilities | 4.47M | 22.6M | 32.13M | 28.96M | 22.84M | 33.42M | 14.32M | 17.44M | 14.49M |
| Accounts Payable | 886K | 1.72M | 8.96M | 1.66M | 1.69M | 2.93M | 2.19M | 3.08M | 3.65M |
| Days Payables Outstanding | 73.4 | 103.18 | 148.73 | 19.88 | 43.45 | 82.17 | 51.42 | 51.32 | 93.39 |
| Short-Term Debt | 0 | 12.16M | 11.84M | 19K | 49K | 51K | 21K | 1.37M | 1.45M |
| Deferred Revenue (Current) | 492K | 1.28M | 3.53M | 1.85M | 962K | 324K | 678K | 961K | 4.57M |
| Other Current Liabilities | 2.09M | 6.28M | 3.81M | 21.4M | 15.05M | 26M | 792K | 12.03M | 9.16M |
| Current Ratio | 2.22x | 0.56x | 2.68x | 1.51x | 2.34x | 1.19x | 2.76x | 1.86x | 1.86x |
| Quick Ratio | 2.06x | 0.53x | 2.58x | 1.41x | 2.27x | 1.15x | 2.76x | 1.86x | 1.86x |
| Cash Conversion Cycle | 18.39 | 23.57 | 26.98 | 39.29 | 41.03 | 14.2 | - | - | -46.86 |
| Total Non-Current Liabilities | 232.62M | 247.57M | 47.78M | 27.41M | 49.46M | 61.1M | 62.05M | 72.5M | 71.02M |
| Long-Term Debt | 23.1M | 23.81M | 15.93M | 9.99M | 25M | 35.23M | 36.41M | 71.48M | 70.16M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 5.25M | 25.16M | 24.83M | 0 | 48.52M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | -400K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 209.52M | 223.76M | 31.85M | 17.42M | 19.2M | 712K | 815K | 1.02M | 3.1M |
| Total Liabilities | 237.09M | 270.17M | 79.9M | 56.37M | 72.3M | 94.52M | 76.37M | 89.94M | 85.5M |
| Total Debt | 23.1M | 35.97M | 27.77M | 10.01M | 31.85M | 60.69M | 61.98M | 72.85M | 71.61M |
| Net Debt | 17.18M | 30.68M | -34.36M | -22.7M | -11.24M | 34.41M | 35.73M | 53.87M | 46.04M |
| Debt / Equity | - | - | 0.67x | 0.51x | 1.55x | 13.25x | 2.97x | - | 7.84x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | -3.45x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | -2.22x |
| Interest Coverage | -7.97x | -9.21x | -3.12x | -8.57x | -7.11x | -4.47x | -4.20x | -3.57x | -4.47x |
| Total Equity | -198.03M▲ 0% | -228.54M▼ 15.4% | 41.17M▲ 118.0% | 19.73M▼ 52.1% | 20.61M▲ 4.5% | 4.58M▼ 77.8% | 20.88M▲ 355.8% | -2.46M▼ 111.8% | 9.13M▲ 0% |
| Equity Growth % | - | -15.41% | 118.01% | -52.08% | 4.46% | -77.77% | 355.81% | -111.81% | -332.28% |
| Book Value per Share | -149.22 | -5.00 | 8.51 | 14.42 | 9.79 | 1.12 | 3.22 | -0.33 | 0.95 |
| Total Shareholders' Equity | -198.03M | -228.54M | 41.17M | 19.73M | 20.61M | 4.58M | 20.88M | -2.46M | 9.13M |
| Common Stock | 1K | 1K | 27K | 31K | 78K | 96K | 145K | 8K | 10K |
| Retained Earnings | -200.14M | -230.86M | -258.81M | -301.97M | -367.42M | -419.57M | -462.5M | -497.76M | -505.56M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.57M | -193.96M | -121.07M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Biodesix, Inc. (BDSX) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -17.68M | -21.73M | -21.37M | -28.22M | -44.97M | -22.87M | -48.65M | -23.27M | -23.27M |
| Operating CF Margin % | -86.52% | -88.49% | -46.9% | -51.78% | -117.69% | -46.59% | -68.21% | -26.3% | - |
| Operating CF Growth % | - | -22.91% | 1.66% | -32.09% | -59.35% | 49.15% | -112.72% | 52.17% | 182.25% |
| Net Income | -26.17M | -30.73M | -31.35M | -43.16M | -65.45M | -52.15M | -42.93M | -35.27M | -31.96M |
| Depreciation & Amortization | 1.74M | 2.79M | 2.9M | 3.18M | 5.84M | 5.51M | 5.46M | 5.6M | 5.58M |
| Stock-Based Compensation | 142K | 170K | 3.71M | 4.94M | 5.96M | 5.37M | 6.64M | 4.14M | 4.28M |
| Deferred Taxes | 47K | 0 | 1.6M | -2.1M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 6.31M | 7.68M | 6.58M | 4.33M | 13.01M | 7.09M | 3.86M | 1.92M | 1.47M |
| Working Capital Changes | 253K | -1.65M | -4.8M | 4.59M | -4.34M | 11.3M | -21.67M | 334K | -4.21M |
| Change in Receivables | -146K | -3.65M | -10.31M | 11.45M | -1.5M | -4.72M | -1.81M | -531K | -1.92M |
| Change in Inventory | -389K | 0 | -11.65M | 7.42M | 906K | 166K | 22K | 0 | 0 |
| Change in Payables | 342K | 1.19M | 11.65M | -7.42M | -773K | 513K | 1.64M | 0 | 3.8M |
| Cash from Investing | -617K | -1.87M | -2.93M | -2.55M | -3.53M | -23.06M | -3.44M | -403K | -410K |
| Capital Expenditures | -617K | -1.42M | -2.18M | -2.55M | -3.53M | -22.92M | -3.23M | -259K | -285K |
| CapEx % of Revenue | 3.02% | 5.77% | 4.78% | 4.67% | 9.25% | 46.69% | 4.53% | 0.29% | - |
| Acquisitions | 0 | -456K | -750K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -119K | 0 | 0 | 0 | 0 | -143K | -210K | -144K | -125K |
| Cash from Financing | 19.03M | 22.97M | 81.13M | 1.26M | 58.88M | 29.13M | 52.05M | 16.42M | 33.22M |
| Debt Issued (Net) | -12.65M | 13.04M | 16.04M | -15.35M | 16.5M | 9.95M | -51K | 9.98M | 10.01M |
| Equity Issued (Net) | 8.5M | 10.05M | 72M | 16.34M | 59.54M | 28.13M | 55.63M | 7.82M | 24.54M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 23.18M | -116K | -6.91M | 269K | -17.15M | -8.95M | -3.52M | -1.38M | -1.33M |
| Net Change in Cash | 738K▲ 0% | -628K▼ 185.1% | 56.84M▲ 9150.6% | -29.51M▼ 151.9% | 10.38M▲ 135.2% | -16.8M▼ 261.9% | -39K▲ 99.8% | -7.26M▼ 18507.7% | 7.97M▲ 0% |
| Free Cash Flow | -18.29M▲ 0% | -23.04M▼ 25.9% | -23.54M▼ 2.2% | -30.77M▼ 30.7% | -48.51M▼ 57.6% | -45.93M▲ 5.3% | -51.88M▼ 12.9% | -23.67M▲ 54.4% | -25.23M▲ 0% |
| FCF Margin % | -89.54% | -93.83% | -51.68% | -56.45% | -126.94% | -93.57% | -72.74% | -26.75% | -26.25% |
| FCF Growth % | - | -25.92% | -2.2% | -30.7% | -57.64% | 5.31% | -12.95% | 54.37% | 44.26% |
| FCF per Share | -13.79 | -0.50 | -4.87 | -22.49 | -23.04 | -11.19 | -8.00 | -3.14 | -3.14 |
| FCF Conversion (FCF/Net Income) | 0.68x | 0.71x | 0.68x | 0.65x | 0.69x | 0.44x | 1.13x | 0.66x | 0.79x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Biodesix, Inc. (BDSX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -76.16% | -141.75% | -324.53% | -414.09% | -337.3% | -383.09% | -2101.4% |
| Return on Invested Capital (ROIC) | - | - | -1602.14% | -1186.56% | -128.25% | -54.13% | -38.71% | -38.71% |
| Gross Margin | 75.26% | 51.71% | 44.01% | 62.96% | 73.5% | 78.17% | 75.25% | 59.86% |
| Net Margin | -125.15% | -68.81% | -79.18% | -171.27% | -106.23% | -60.19% | -39.85% | -33.26% |
| Debt / Equity | - | 0.67x | 0.51x | 1.55x | 13.25x | 2.97x | - | 7.84x |
| Interest Coverage | -9.21x | -3.12x | -8.57x | -7.11x | -4.47x | -4.20x | -3.57x | -4.47x |
| FCF Conversion | 0.71x | 0.68x | 0.65x | 0.69x | 0.44x | 1.13x | 0.66x | 0.79x |
| Revenue Growth | 20.16% | 85.55% | 19.64% | -29.89% | 28.46% | 45.3% | 24.08% | 29.05% |
Biodesix, Inc. (BDSX) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 4, 2026·SEC
Feb 26, 2026·SEC
Nov 3, 2025·SEC
Biodesix, Inc. (BDSX) stock FAQ — growth, dividends, profitability & financials explained
Biodesix, Inc. (BDSX) reported $96.1M in revenue for fiscal year 2025. This represents a 370% increase from $20.4M in 2018.
Biodesix, Inc. (BDSX) grew revenue by 24.1% over the past year. This is strong growth.
Biodesix, Inc. (BDSX) reported a net loss of $32.0M for fiscal year 2025.
Biodesix, Inc. (BDSX) has a return on equity (ROE) of -383.1%. Negative ROE indicates the company is unprofitable.
Biodesix, Inc. (BDSX) had negative free cash flow of $25.2M in fiscal year 2025, likely due to heavy capital investments.
Biodesix, Inc. (BDSX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates