Biodesix (BDSX) Gross Margin (2019 - 2026)
Biodesix (BDSX) posted Gross Margin of 82.06% for Q2 2026, up 2.19 percentage points from 79.86% a year earlier but down 1.49 percentage points from the prior quarter.
Biodesix (BDSX) Gross Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Biodesix was 82.50%, up 3.74 percentage points year-over-year; for FY2025, it came in at 81.11%, up 2.94 percentage points from FY2024.
- Annual Gross Margin has increased for four consecutive years, with a five-year change of +29.40 percentage points (FY2020 to FY2025).
- In prior years, Biodesix's Gross Margin was 78.17% in FY2024 (+4.67 pp), 73.50% in FY2023 (+10.54 pp), 62.96% in FY2022 (+18.95 pp) and 44.01% in FY2021 (-7.70 pp).
- Quarterly Gross Margin has run from a low of 50.60% in Q1 2022 to a high of 83.55% in Q1 2026 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last 20 quarters, with an average year-over-year change of +2.47 percentage points over the last eight quarters.
- The year-over-year gain in Gross Margin has ranged between 0.10 percentage points (Q4 2022) and 23.27 percentage points (Q2 2022) over the last five years.
- According to Business Quant data, Gross Margin for the three prior quarters was 83.55% (Q1 2026), 83.03% (Q4 2025) and 81.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 32.70% |
| 10 | Biodesix | 320.93 Mn | 229.77 Mn | 22.04 Mn | 82.06% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.06% |
| 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% |
Biodesix Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BDSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BDSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BDSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();