Biodesix (BDSX) Operating Margin (2019 - 2026)

Biodesix (BDSX) reported Operating Margin of 24.27% for Q1 2026, up 2661.0% on a YoY basis from 0.88% in Q1 2025, and down 254.73% quarter-over-quarter from 6.84% in Q4 2025.

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

Biodesix has reported Operating Margin for 8 years, with the latest figure at 24.27% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 2661.0% year-over-year to 24.27%; the trailing twelve-month figure through Mar 2026 stood at 25.95% (up 1785.0% YoY), and the FY2025 full-year result was 31.5%, up 1687.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 24.27%, down from 6.84% in the prior quarter.
  • The five-year high for Operating Margin was 6.84% in Q4 2025, with the low at 220.85% in Q1 2022.
  • Historically, Operating Margin has averaged 76.65% across 5 years, with a median of 50.87% in 2025.
  • Annual changes were most pronounced in 2022 — Operating Margin plunged 20150 bps — and 2024, when it jumped 10642 bps.
  • Biodesix's Operating Margin stood at 144.58% in 2022, then jumped by 68 bps to 46.84% in 2023, then soared by 31 bps to 32.55% in 2024, then surged by 79 bps to 6.84% in 2025, then plunged by 255 bps to 24.27% in 2026.
  • The last three Operating Margin figures came in at 24.27% (Q1 2026), 6.84% (Q4 2025), and 32.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 16.93%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 31.78%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 21.74%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 12.38%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -13.42%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 25.23%
10 Biodesix 146.05 Mn 120.48 Mn 21.35 Mn -24.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.27%
Dec 31, 2025 -6.84%
Sep 30, 2025 -32.39%
Jun 30, 2025 -48.55%
Mar 31, 2025 -50.87%
Dec 31, 2024 -32.55%
Sep 30, 2024 -47.33%
Jun 30, 2024 -45.95%
Mar 31, 2024 -74.38%
Dec 31, 2023 -46.84%
Sep 30, 2023 -53.16%
Jun 30, 2023 -92.04%
Mar 31, 2023 -180.80%
Dec 31, 2022 -144.58%
Sep 30, 2022 -95.53%
Jun 30, 2022 -106.17%
Mar 31, 2022 -220.85%
Dec 31, 2021 -161.67%
Sep 30, 2021 -200.44%
Jun 30, 2021 -89.08%