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| Date | Value |
|---|---|
| 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% |