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BDTX logoBlack Diamond Therapeutics, Inc.(BDTX)Earnings, Financials & Key Ratios

BDTX•NASDAQ
$2.82
$161M mkt cap·7.2× P/E·Price updated May 6, 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$0
  • EBITDA$13M+116.4%
  • Net Income$22M+132.1%
  • EPS (Diluted)0.39+130.7%
  • ROE22.88%+132.8%
  • ROIC10.71%+114.0%
  • Debt/Equity0.13-49.6%
Technical→

BDTX Key Insights

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

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 1.4x book value

✗Weaknesses

  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

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

BDTX Price & Volume

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

Loading chart...

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-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM129.41%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM125.71%

Return on Capital

10 Years-39.56%
5 Years-42.83%
3 Years-38.75%
Last Year10.92%

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
Mar 16, 2026
EPS
$0.14
Est $0.18
+22.2%
Revenue
—
Est $9M
Q4 2025
Nov 6, 2025
EPS
$0.15
Est $0.22
+31.8%
Revenue
—
Q3 2025
Aug 7, 2025
EPS
$0.19
Est $0.25
+24.0%
Revenue
—
Q2 2025
May 12, 2025
EPS
$0.98
Est $0.02
+4800.0%
Revenue
$70M
Est $28M
+150.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 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%
—
Q2 2025May 12, 2025
$0.98vs $0.02+4800.0%
$70Mvs $28M+150.0%
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
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
KYMR logoKYMRKymera Therapeutics, Inc.Direct Competitor7.04B86.26-23.38-16.72%-6.12%-25.02%0.05
NUVL logoNUVLNuvalent, Inc.Direct Competitor6.92B104.26-26.53-45.12%
AUPH logoAUPHAurinia Pharmaceuticals Inc.Direct Competitor2.15B16.257.8520.38%101.47%49.4%0.13
ERAS logoERASErasca, Inc.Direct Competitor3.09B10.90-15.80-36.7%0.12
ARVN logoARVNArvinas, Inc.Product Competitor656.24M10.26-8.02-0.3%-30.77%-14.25%0.02
MGNX logoMGNXMacroGenics, Inc.Product Competitor190.59M3.01-2.550.78%-49.91%-120.2%0.66
PRME logoPRMEPrime Medicine, Inc.Product Competitor615.68M3.41-2.5355.28%-43.42%-178.61%0.96
CGEM logoCGEMCullinan Therapeutics, Inc.Product Competitor903.06M14.99-4.03-46.19%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
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue00000000070M
Revenue Growth %----------
Cost of Goods Sold24K44K47K000437K0086K
COGS % of Revenue----------
Gross Profit
-24K▲ 0%
-44K▼ 83.3%
-47K▼ 6.8%
0▲ 100.0%
0▲ 0%
0▲ 0%
-437K▲ 0%
0▲ 100.0%
0▲ 0%
69.91M▲ 0%
Gross Margin %---------99.88%
Gross Profit Growth %--83.33%-6.82%100%---100%--
Operating Expenses4.12M8.9M29.33M69.57M126.87M92.83M86.02M78.78M57.48M58.06M
OpEx % of Revenue----------
Selling, General & Admin666K1.95M7.58M21.36M30.04M28.39M27.11M27.47M16.57M18.58M
SG&A % of Revenue----------
Research & Development3.45M6.95M21.75M48.21M96.83M64.44M58.91M51.31M33.56M39.56M
R&D % of Revenue----------
Other Operating Expenses-6K-16K0000007.35M-86K
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%
12.52M▲ 115.9%
11.86M▲ 0%
Operating Margin %---------16.94%
Operating Income Growth %--116.17%0%-681.33%-82.37%26.83%6.86%8.88%115.89%-
EBITDA-4.09M-8.86M-8.86M-68.97M-126.67M-92.32M-86.02M-78.44M12.85M12.2M
EBITDA Margin %---------17.43%
EBITDA Growth %--116.36%0.03%-678.71%-83.66%27.12%6.82%8.82%116.38%115.06%
D&A (Non-Cash Add-back)24K44K47K600K205K508K437K343K325K344K
EBIT-4.12M-8.93M-29.33M-67.25M-126.87M-92.83M-86.46M-78.78M017.2M
Net Interest Income00461K4.04M3.46M2.03M1.92M2.18M03.44M
Interest Income04K461K4.04M3.46M2.03M1.92M2.18M4.06M3.44M
Interest Expense65K001K000000
Other Income/Expense-483K-27K-5.93M2.32M1.28M1.66M4.02M9.11M9.85M9.64M
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%
21.5M▲ 0%
Pretax Margin %---------30.71%
Income Tax0-27K00000000
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%
21.5M▲ 0%
Net Margin %---------30.71%
Net Income Growth %--94.07%-294.78%-90.75%-86.75%27.41%9.57%15.48%132.1%129.41%
Net Income (Continuing)-4.6M-8.93M-35.26M-67.25M-125.6M-91.17M-82.44M-69.68M22.37M21.5M
Discontinued Operations0000000000
Minority Interest0000000000
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%
0.38▲ 0%
EPS Growth %-0%-79.69%-77.39%-70.1%27.38%25.4%32.45%130.71%125.71%
EPS (Basic)-0.64-0.64-1.15-2.04-3.47-2.52-1.88-1.270.39-
Diluted Shares Outstanding7.2M13.95M35.91M32.91M36.19M36.23M43.95M55.03M57.56M56.93M
Basic Shares Outstanding7.2M13.95M35.91M32.91M36.19M36.23M43.95M55.03M56.87M56.65M
Dividend Payout Ratio----------

BDTX Balance Sheet

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

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets7.91M51.68M155.71M319.55M215.7M127.71M134.03M101.18M132.44M138.99M
Cash & Short-Term Investments7.88M51.66M154.67M315.07M209.79M122.81M131.4M98.58M20.99M135.5M
Cash Only7.88M51.66M154.67M34.6M65.8M34.31M56.22M36.44M20.99M30.86M
Short-Term Investments000280.46M143.99M88.49M75.18M62.14M0104.64M
Accounts Receivable0000000000
Days Sales Outstanding----------
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets000004.9M2.63M2.6M111.45M0
Total Non-Current Assets107K142K2.58M10.12M31.98M28.55M24.53M21.46M10.57M18.74M
Property, Plant & Equipment102K134K164K8.79M30.74M27.38M23.71M20.4M9.67M17.8M
Fixed Asset Turnover---------3.66x
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments0000000000
Other Non-Current Assets5K8K2.42M1.33M1.24M1.17M823K1.07M902K4.02M
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%
157.73M▲ 0%
Asset Turnover---------0.45x
Asset Growth %-546.13%205.44%108.26%-24.87%-36.91%1.48%-22.66%16.61%26.32%
Total Current Liabilities2.23M2.58M4.86M14.22M23.64M15.26M19.65M20.57M15.73M15.54M
Accounts Payable152K416K1.96M2.54M4.11M1.88M2.32M4.01M579K975K
Days Payables Outstanding2.31K3.45K15.25K---1.94K--8.89K
Short-Term Debt0000000000
Deferred Revenue (Current)0000000000
Other Current Liabilities0000000015.73M0
Current Ratio3.55x20.07x32.02x22.48x9.12x8.37x6.82x4.92x8.42x8.42x
Quick Ratio3.55x20.07x32.02x22.48x9.12x8.37x6.82x4.92x8.42x8.42x
Cash Conversion Cycle----------
Total Non-Current Liabilities12.47M64.79M200.59M7.69M28.14M25.3M22.18M18.78M15.07M16.04M
Long-Term Debt060.77M00000015.07M0
Capital Lease Obligations0007.69M28.14M25.3M22.18M18.78M069.67M
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities12.47M4.02M200.59M0000000
Total Liabilities14.7M67.37M205.45M21.91M51.78M40.56M41.83M39.35M30.8M31.58M
Total Debt12.46M60.77M08.74M28.46M28.14M25.3M22.19M15.07M16.04M
Net Debt4.58M9.11M-154.67M-25.86M-37.34M-6.17M-30.92M-14.25M-5.92M-14.83M
Debt / Equity---0.03x0.15x0.24x0.22x0.27x0.13x0.13x
Debt / EBITDA--------1.17x1.31x
Net Debt / EBITDA---------0.46x-0.46x
Interest Coverage-63.37x---69570.00x------
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%
126.15M▲ 0%
Equity Growth %--132.84%-203.42%752.62%-36.35%-40.94%0.9%-28.66%34.73%55.95%
Book Value per Share-0.93-1.11-1.319.355.413.192.661.511.952.22
Total Shareholders' Equity-6.67M-15.54M-47.16M307.76M195.9M115.69M116.74M83.28M112.21M126.15M
Common Stock1K1K1K5K5K5K7K7K8K8K
Retained Earnings-6.78M-15.71M-50.97M-118.22M-243.82M-334.99M-417.43M-487.11M-464.74M-449.62M
Treasury Stock56K100K00000000
Accumulated OCI-56K-100K0614K-414K-1.82M-27K24K101K142K
Minority Interest0000000000

BDTX Cash Flow Statement

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

Line itemDec'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-62.3M29.61M29.61M
Operating CF Margin %----------
Operating CF Growth %--259.59%-191.86%-111.34%-92.05%15.04%21.59%6.62%147.53%412.55%
Net Income-4.6M-8.93M-35.26M-67.25M-125.6M-91.17M-82.44M-69.68M22.37M21.5M
Depreciation & Amortization24K44K47K52K205K508K437K343K325K344K
Stock-Based Compensation5K64K3.64M7.76M14.04M12.2M9.6M10.63M6.63M5.11M
Deferred Taxes412K001.73M2.18M00000
Other Non-Cash Items66K15K6.43M524K2.01M3.28M2M-905K294K2.95M
Working Capital Changes1.74M354K463K5.04M7.02M-9.9M3.69M-2.69M0-8.56M
Change in Receivables0000000000
Change in Inventory0000000000
Change in Payables-59K264K1.45M1.07M1.57M-2.23M597K1.68M-3.43M-996K
Cash from Investing-77K-76K-21K-281.69M130.61M53.37M16.35M16.97M-44.91M-14.25M
Capital Expenditures-77K-76K-21K-142K-2.71M-192K-33K000
CapEx % of Revenue----------
Acquisitions000118K2.7M9K094K011K
Investments----------
Other Investing000-118K-2.7M095K0101K24K
Cash from Financing9.97M52.31M127.76M214.94M729K177K71.93M25.55M-146K341K
Debt Issued (Net)-50K000000000
Equity Issued (Net)01000K1000K1000K729K177K1000K1000K050K
Dividends Paid0000000000
Share Repurchases0000000000
Other Financing10.02M0-1.74M1.1M0082K1.05M-146K291K
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%
7.44M▲ 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%
21.35M▲ 0%
FCF Margin %---------30.49%
FCF Growth %--251.32%-189.51%-111.74%-96.71%17.1%21.72%6.66%147.53%145.93%
FCF per Share-0.34-0.61-0.69-1.59-2.84-2.35-1.52-1.130.510.51
FCF Conversion (FCF/Net Income)0.51x0.95x0.70x0.78x0.80x0.93x0.81x0.89x1.32x0.99x
Interest Paid0000000000
Taxes Paid0000000000

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%17.78%
Return on Invested Capital (ROIC)---130.33%-43.21%-51.94%-66.39%-76.31%10.71%10.71%
Gross Margin--------99.88%
Net Margin--------30.71%
Debt / Equity--0.03x0.15x0.24x0.22x0.27x0.13x0.13x
Interest Coverage---69570.00x------
FCF Conversion0.95x0.70x0.78x0.80x0.93x0.81x0.89x1.32x0.99x

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

Mar 16, 2026·SEC

Material company update

Dec 3, 2025·SEC

Material company update

Nov 6, 2025·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 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 12, 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.

Yes, Black Diamond Therapeutics, Inc. (BDTX) is profitable, generating $21.5M in net income for fiscal year 2025 (30.7% net margin).

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) generated $21.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More BDTX

Black Diamond Therapeutics, Inc. (BDTX) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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