CareDx (CDNA) Gross Margin (2013 - 2026)
CareDx's Gross Margin came in at 71.09% for Q3 2026, up 1.73 percentage points from 69.36% a year earlier but down 2.41 percentage points from the prior quarter.
CareDx (CDNA) Gross Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, CareDx reported Gross Margin of 70.97%, up 3.35 percentage points year-over-year; for FY2025, it came in at 67.55%, up 0.42 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.39 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 67.14% in FY2024 (+3.55 pp), 63.59% in FY2023 (-1.54 pp), 65.13% in FY2022 (-2.01 pp) and 67.14% in FY2021 (-0.02 pp).
- The five-year range for quarterly Gross Margin is 60.84% (Q4 2023) to 73.50% (Q2 2026).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +2.75 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2024 (a gain of 6.60 percentage points), and the weakest in Q4 2023 (a drop of 3.37 percentage points).
- Business Quant data shows CDNA's Gross Margin at 73.50% (Q2 2026), 71.43% (Q1 2026) and 67.24% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | - |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 64.67% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 29.08% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 33.65% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | - |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | 65.42% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 12.31% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 64.81% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | - |
| 10 | CareDx | 4.09 Bn | 3.10 Bn | 99.08 Mn | 71.09% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 71.09% |
| Jun 30, 2026 | 73.50% |
| Mar 31, 2026 | 71.43% |
| Dec 31, 2025 | 67.24% |
| Sep 30, 2025 | 69.36% |
| Jun 30, 2025 | 66.94% |
| Mar 31, 2025 | 66.45% |
| Dec 31, 2024 | 67.44% |
| Sep 30, 2024 | 66.73% |
| Jun 30, 2024 | 69.66% |
| Mar 31, 2024 | 64.01% |
| Dec 31, 2023 | 60.84% |
| Sep 30, 2023 | 63.49% |
| Jun 30, 2023 | 63.18% |
| Mar 31, 2023 | 66.39% |
| Dec 31, 2022 | 64.20% |
| Sep 30, 2022 | 64.34% |
| Jun 30, 2022 | 65.85% |
| Mar 31, 2022 | 66.15% |
| Dec 31, 2021 | 65.92% |
CareDx Gross 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=gross-margin&ticker=CDNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CDNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();