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