Biodesix (BDSX) Research & Development (2019 - 2026)
Biodesix (BDSX) recorded Research & Development of $3.14 million in Q2 2026, down 4.1% from $3.27 million a year earlier and down 4.6% from the prior quarter.
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Analysis
Biodesix (BDSX) Research & Development (2019 - 2026) Analysis & Trends
On a TTM basis, Biodesix's Research & Development came in at $12.28 million as of Jun 30, 2026, up 10.6% year-over-year; for FY2025, it was $12 million, up 25.5% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $9.56 million in FY2024 (-4.3%), $9.99 million in FY2023 (-23.8%), $13.1 million in FY2022 (+2.4%) and $12.79 million in FY2021 (+18.2%).
- Quarterly Research & Development has ranged from $1.89 million in Q4 2023 to $3.57 million in Q4 2022 over the past five years.
- On a year-over-year basis, Research & Development rose in seven of the last eight quarters, with growth averaging 21.8%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 40.7% in Q1 2025, against a decline of 47.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.29 million (Q1 2026), $2.87 million (Q4 2025) and $2.99 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | Biodesix | 320.93 Mn | 229.77 Mn | 22.04 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Mn |
| 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 |
API Access
Biodesix Research & Development 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=research-and-development&ticker=BDSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=BDSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();