CareDx (CDNA) Net Margin (2013 - 2026)
CareDx (CDNA) recorded Net Margin of 83.85% in Q2 2026, up 93.73 percentage points from -9.88% a year earlier and up 81.46 percentage points from the prior quarter.
CareDx (CDNA) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, CareDx's Net Margin came in at 24.23% as of Jun 30, 2026, up 7.18 percentage points year-over-year; for FY2025, it was -5.62%, down 21.37 percentage points from FY2024.
- Annual Net Margin has a five-year change of +4.11 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 15.74% in FY2024 (+83.62 pp), -67.88% in FY2023 (-44.07 pp), -23.81% in FY2022 (-13.46 pp) and -10.34% in FY2021 (-0.61 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +41.47 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 281.40 percentage points in Q4 2024, against a drop of 157.86 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.39% (Q1 2026), -3.79% (Q4 2025) and 1.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | 8.40% |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 8.01% |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 14.68% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -35.87% |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 4.49% |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 2.18% |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 7.47% |
| 10 | CareDx | 3.45 Bn | 2.52 Bn | 96.98 Mn | 83.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.85% |
| Mar 31, 2026 | 2.39% |
| Dec 31, 2025 | -3.79% |
| Sep 30, 2025 | 1.67% |
| Jun 30, 2025 | -9.88% |
| Mar 31, 2025 | -12.23% |
| Dec 31, 2024 | 101.29% |
| Sep 30, 2024 | -12.83% |
| Jun 30, 2024 | -5.01% |
| Mar 31, 2024 | -27.60% |
| Dec 31, 2023 | -180.11% |
| Sep 30, 2023 | -34.95% |
| Jun 30, 2023 | -35.49% |
| Mar 31, 2023 | -30.74% |
| Dec 31, 2022 | -22.25% |
| Sep 30, 2022 | -21.34% |
| Jun 30, 2022 | -26.91% |
| Mar 31, 2022 | -24.74% |
| Dec 31, 2021 | -20.39% |
| Sep 30, 2021 | -15.74% |
CareDx Net 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=net-margin&ticker=CDNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();