Biodesix (BDSX) Research & Development (2019 - 2026)
Biodesix's (BDSX) quarterly Research & Development came in at $2.2 million in Q1 2026, up 18.3% YoY from $1.9 million in Q1 2025, and up 240.92% on a QoQ basis from -$1.6 million in Q4 2025.
Biodesix (BDSX) Research & Development (2019 - 2026) Analysis & Trends
Biodesix (BDSX) has 8 years of Research & Development data on file, last reported at $2.2 million in Q1 2026.
- Quarterly Research & Development rose 18.3% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.7 million (down 44.57% YoY) and the FY2025 annual result came in at $7.6 million, down 20.89% from the prior year.
- Research & Development improved to $2.2 million in Q1 2026, from -$1.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.6 million in Q4 2022 to a low of -$1.6 million in Q4 2025.
- A 5-year average of $2.3 million and a median of $2.5 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development soared 487.39% — and 2025, when it slumped 144.8%.
- Tracing BDSX's Research & Development over 5 years: stood at $3.6 million in 2022, then sank by 125.36% to -$904000.0 in 2023, then soared by 487.39% to $3.5 million in 2024, then plunged by 144.8% to -$1.6 million in 2025, then soared by 240.92% to $2.2 million in 2026.
- The last three Research & Development figures came in at $2.2 million (Q1 2026), -$1.6 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 171.28 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | - |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 210.70 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | - |
| 10 | Biodesix | 221.71 Mn | 196.14 Mn | 21.35 Mn | 2.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.21 Mn |
| Dec 31, 2025 | -1.57 Mn |
| Sep 30, 2025 | 1.75 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 1.87 Mn |
| Dec 31, 2024 | 3.50 Mn |
| Sep 30, 2024 | 2.55 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 2.15 Mn |
| Dec 31, 2023 | -904,000.00 |
| 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 |