Biodesix (BDSX) Gross Margin (2019 - 2026)

Biodesix's (BDSX) quarterly Gross Margin came in at 83.55% in Q1 2026, up 417.0% YoY from 16.16% in Q1 2025, and up 0.62% on a QoQ basis from 83.03% in Q4 2025.

Biodesix (BDSX) Gross Margin (2019 - 2026) Analysis & Trends

Biodesix (BDSX) has 8 years of Gross Margin data on file, last reported at 83.55% in Q1 2026.

  • Quarterly Gross Margin rose 417.0% year-over-year to 83.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 82.08% (up 370.0% YoY) and the FY2025 annual result came in at 81.11%, up 294.0% from the prior year.
  • Gross Margin improved to 83.55% in Q1 2026, from 83.03% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 83.55% in Q1 2026 to a low of 50.6% in Q1 2022.
  • A 5-year average of 73.97% and a median of 77.0% in 2023 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 2327 bps in 2022, down 10 bps in 2022.
  • Tracing BDSX's Gross Margin over 5 years: stood at 65.59% in 2022, then rose by 17 bps to 77.0% in 2023, then increased by 2 bps to 78.75% in 2024, then increased by 5 bps to 83.03% in 2025, then climbed by 1 bps to 83.55% in 2026.
  • The last three Gross Margin figures came in at 83.55% (Q1 2026), 83.03% (Q4 2025), and 81.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 69.57%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 57.64%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 64.04%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 53.95%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 32.85%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 99.91%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 66.44%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 63.29%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 33.75%
10 Biodesix 220.74 Mn 195.16 Mn 21.35 Mn 83.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 83.55%
Dec 31, 2025 83.03%
Sep 30, 2025 81.14%
Jun 30, 2025 79.86%
Mar 31, 2025 79.38%
Dec 31, 2024 78.75%
Sep 30, 2024 76.98%
Jun 30, 2024 78.37%
Mar 31, 2024 78.57%
Dec 31, 2023 77.00%
Sep 30, 2023 76.07%
Jun 30, 2023 72.73%
Mar 31, 2023 65.01%
Dec 31, 2022 65.59%
Sep 30, 2022 67.29%
Jun 30, 2022 63.65%
Mar 31, 2022 50.60%
Dec 31, 2021 65.49%
Sep 30, 2021 58.32%
Jun 30, 2021 40.39%