CareDx (CDNA) Research & Development (2013 - 2026)
CareDx (CDNA) posted Research & Development of $22.38 million for Q2 2026, up 33.0% from $16.83 million a year earlier and up 4.5% from the prior quarter.
CareDx (CDNA) Research & Development (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at CareDx was $79.87 million, up 15.0% year-over-year; for FY2025, it was $71.43 million, down 1.5% from FY2024.
- Annual Research & Development has declined for three consecutive years, though with a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- In prior years, CareDx's Research & Development was $72.51 million in FY2024 (-12.0%), $82.42 million in FY2023 (-8.8%), $90.39 million in FY2022 (+18.1%) and $76.53 million in FY2021 (+56.4%).
- The Q2 2026 figure stands as the highest quarterly Research & Development since Q1 2023.
- On a year-over-year basis, Research & Development has increased in each of the last three quarters, with growth averaging 3.2% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 65.4%; the weakest was Q1 2024, with a decline of 23.2%.
- According to Business Quant data, Research & Development for the three prior quarters was $21.42 million (Q1 2026), $19.31 million (Q4 2025) and $16.77 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.19 Bn | 98.20 Bn | - | - |
| 2 | Natera | 58.40 Bn | 54.08 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Labcorp Holdings | 26.38 Bn | 24.13 Bn | 1.11 Bn | - |
| 4 | Quest Diagnostics | 26.23 Bn | 24.36 Bn | 1.03 Bn | - |
| 5 | Tenet Healthcare | 22.72 Bn | 11.72 Bn | - | - |
| 6 | Guardant Health | 21.44 Bn | 17.50 Bn | 219.03 Mn | 96.53 Mn |
| 7 | BrightSpring Health Services | 12.89 Bn | 11.22 Bn | 492.75 Mn | - |
| 8 | Fresenius Medical Care AG | 12.50 Bn | 4.45 Bn | 1.52 Bn | 46.06 Mn |
| 9 | Tempus AI | 12.30 Bn | 9.33 Bn | 246.50 Mn | 52.64 Mn |
| 10 | CareDx | 3.62 Bn | 2.68 Bn | 96.98 Mn | 22.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.38 Mn |
| Mar 31, 2026 | 21.42 Mn |
| Dec 31, 2025 | 19.31 Mn |
| Sep 30, 2025 | 16.77 Mn |
| Jun 30, 2025 | 16.83 Mn |
| Mar 31, 2025 | 18.52 Mn |
| Dec 31, 2024 | 16.62 Mn |
| Sep 30, 2024 | 17.49 Mn |
| Jun 30, 2024 | 19.69 Mn |
| Mar 31, 2024 | 18.71 Mn |
| Dec 31, 2023 | 18.83 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 20.23 Mn |
| Mar 31, 2023 | 24.36 Mn |
| Dec 31, 2022 | 23.57 Mn |
| Sep 30, 2022 | 22.31 Mn |
| Jun 30, 2022 | 22.63 Mn |
| Mar 31, 2022 | 21.88 Mn |
| Dec 31, 2021 | 22.05 Mn |
| Sep 30, 2021 | 19.44 Mn |
CareDx 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=CDNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();