Biodesix (BDSX) Net Margin (2019 - 2026)
Biodesix (BDSX) reported Net Margin of -27.08% for Q2 2026, up 30.21 percentage points from -57.29% a year earlier and up 3.42 percentage points from the prior quarter.
Biodesix (BDSX) Net Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Biodesix's Net Margin came in at -26.97%, up 26.69 percentage points year-over-year; for FY2025, it was -39.85%, up 20.34 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a five-year change of +103.81 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -60.19% in FY2024 (+46.04 pp), -106.23% in FY2023 (+65.04 pp), -171.27% in FY2022 (-92.09 pp) and -79.18% in FY2021 (+64.48 pp).
- Five-year quarterly Net Margin spans a low of -238.03% in Q1 2022 and a high of -13.84% in Q4 2025.
- Year over year, Net Margin has now increased in each of the last 14 quarters, with an average year-over-year change of +23.02 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 149.39 percentage points); the low point was Q1 2022 (a drop of 213.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -30.50% (Q1 2026), -13.84% (Q4 2025) and -40.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 8.40% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.01% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -35.87% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 14.68% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 1.48% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 9.63% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 7.47% |
| 10 | Biodesix | 320.93 Mn | 229.77 Mn | 22.04 Mn | -27.08% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.08% |
| Mar 31, 2026 | -30.50% |
| Dec 31, 2025 | -13.84% |
| Sep 30, 2025 | -40.04% |
| Jun 30, 2025 | -57.29% |
| Mar 31, 2025 | -61.82% |
| Dec 31, 2024 | -40.39% |
| Sep 30, 2024 | -56.51% |
| Jun 30, 2024 | -60.30% |
| Mar 31, 2024 | -91.87% |
| Dec 31, 2023 | -62.31% |
| Sep 30, 2023 | -81.16% |
| Jun 30, 2023 | -112.50% |
| Mar 31, 2023 | -206.52% |
| Dec 31, 2022 | -211.70% |
| Sep 30, 2022 | -123.34% |
| Jun 30, 2022 | -144.51% |
| Mar 31, 2022 | -238.03% |
| Dec 31, 2021 | -183.86% |
| Sep 30, 2021 | -176.30% |
Biodesix Net 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=net-margin&ticker=BDSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=BDSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();