Biodesix (BDSX) Research & Development (2019 - 2026)
Biodesix (BDSX) reported Research & Development of $3.3 million for Q1 2026, up 14.46% on a YoY basis from $2.9 million in Q1 2025, and up 14.46% quarter-over-quarter from $2.9 million in Q4 2025.
Biodesix (BDSX) Research & Development (2019 - 2026) Analysis & Trends
Biodesix has reported Research & Development for 8 years, with the latest figure at $3.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 14.46% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2026 stood at $12.4 million (up 19.51% YoY), and the FY2025 full-year result was $12.0 million, up 25.55% from the prior year.
- Research & Development for Q1 2026 stood at $3.3 million, up from $2.9 million in the prior quarter.
- The five-year high for Research & Development was $3.6 million in Q4 2022, with the low at $1.9 million in Q4 2023.
- Historically, Research & Development has averaged $2.8 million across 5 years, with a median of $2.9 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development plunged 47.01% — and 2025, when it jumped 40.69%.
- Biodesix's Research & Development stood at $3.6 million in 2022, then tumbled by 47.01% to $1.9 million in 2023, then climbed by 27.79% to $2.4 million in 2024, then gained by 18.89% to $2.9 million in 2025, then climbed by 14.46% to $3.3 million in 2026.
- The last three Research & Development figures came in at $3.3 million (Q1 2026), $2.9 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Biodesix | 146.05 Mn | 120.48 Mn | 21.35 Mn | 3.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.29 Mn |
| Dec 31, 2025 | 2.87 Mn |
| Sep 30, 2025 | 2.99 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 2.87 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.55 Mn |
| Jun 30, 2024 | 2.56 Mn |
| Mar 31, 2024 | 2.04 Mn |
| Dec 31, 2023 | 1.89 Mn |
| Sep 30, 2023 | 1.94 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 3.25 Mn |
| Dec 31, 2022 | 3.57 Mn |
| Sep 30, 2022 | 2.97 Mn |
| Jun 30, 2022 | 3.36 Mn |
| Mar 31, 2022 | 3.21 Mn |
| Dec 31, 2021 | 2.85 Mn |
| Sep 30, 2021 | 3.29 Mn |
| Jun 30, 2021 | 3.32 Mn |