Biodesix (BDSX) Gross Margin (2019 - 2026)
Biodesix (BDSX) posted Gross Margin of 83.55% for Q1 2026, down 10.34% quarter-over-quarter from 93.18% in Q4 2025, and up 417.0% year-on-year from 16.16% in Q1 2025.
Biodesix (BDSX) Gross Margin (2019 - 2026) Analysis & Trends
Biodesix (BDSX) has reported Gross Margin for 8 consecutive years, with 83.55% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 83.55%, up 417.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 85.12% (down 400.0% YoY), and the FY2025 annual result was 91.46%, up 207.0% from the prior year.
- Gross Margin was 83.55% for Q1 2026 at Biodesix, down from 93.18% in the prior quarter.
- Over five years, Gross Margin peaked at 117.9% in Q4 2024 and troughed at 50.6% in Q1 2022.
- Average Gross Margin over 5 years is 77.28%, with a median of 77.0% recorded in 2023.
- Year-over-year, Gross Margin surged 4090 bps in 2024 and slumped 2472 bps in 2025.
- Over 5 years, Gross Margin stood at 65.59% in 2022, then climbed by 17 bps to 77.0% in 2023, then jumped by 53 bps to 117.9% in 2024, then dropped by 21 bps to 93.18% in 2025, then declined by 10 bps to 83.55% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 83.55% in Q1 2026, 93.18% in Q4 2025, and 81.14% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Biodesix | 236.57 Mn | 211.00 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% |