Biodesix (BDSX) Gross Margin (2019 - 2026)

Biodesix (BDSX) reported Gross Margin of 83.55% for Q1 2026, up 417.0% on a YoY basis from 16.16% in Q1 2025, and down 10.34% quarter-over-quarter from 93.18% in Q4 2025.

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

Biodesix has reported Gross Margin for 8 years, with the latest figure at 83.55% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 417.0% year-over-year to 83.55%; the trailing twelve-month figure through Mar 2026 stood at 85.12% (down 400.0% YoY), and the FY2025 full-year result was 91.46%, up 207.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 83.55%, down from 93.18% in the prior quarter.
  • The five-year high for Gross Margin was 117.9% in Q4 2024, with the low at 50.6% in Q1 2022.
  • Historically, Gross Margin has averaged 77.28% across 5 years, with a median of 77.0% in 2023.
  • Annual changes were most pronounced in 2024 — Gross Margin soared 4090 bps — and 2025, when it plunged 2472 bps.
  • Biodesix's Gross Margin stood at 65.59% in 2022, then rose by 17 bps to 77.0% in 2023, then jumped by 53 bps to 117.9% in 2024, then retreated by 21 bps to 93.18% in 2025, then decreased by 10 bps to 83.55% in 2026.
  • The last three Gross Margin figures came in at 83.55% (Q1 2026), 93.18% (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 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 70.37%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 63.35%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 53.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 32.64%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 99.91%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 58.68%
10 Biodesix 146.05 Mn 120.48 Mn 21.35 Mn 83.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 83.55%
Dec 31, 2025 93.18%
Sep 30, 2025 81.14%
Jun 30, 2025 79.86%
Mar 31, 2025 79.38%
Dec 31, 2024 117.90%
Sep 30, 2024 76.98%
Jun 30, 2024 78.37%
Mar 31, 2024 85.50%
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%