CareDx (CDNA) Work In Process (2016 - 2026)
CareDx's (CDNA) quarterly Work In Process came in at $3.6 million in Q1 2026, down 24.93% year-over-year from $4.8 million in Q1 2025, and down 3.53% quarter-over-quarter from $3.7 million in Q4 2025.
Analysis
CareDx (CDNA) Work In Process (2016 - 2026) Analysis & Trends
CareDx has disclosed Work In Process across 11 years of filings, most recently posting $3.6 million for Q1 2026.
- In Q1 2026, Work In Process fell 24.93% year-over-year to $3.6 million; the TTM figure through Mar 2026 stood at $3.6 million (down 24.93% YoY), while the FY2025 annual figure was $3.7 million, down 1.4% from the prior year.
- Work In Process came in at $3.6 million for Q1 2026 at CareDx, down from $3.7 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $5.6 million in Q2 2025 to a low of $3.5 million in Q1 2022.
- Average Work In Process over 5 years is $4.5 million, with a median of $4.3 million recorded in 2022.
- Year-over-year, Work In Process soared 52.26% in 2022 and slipped 26.94% in 2024.
- Over 5 years, Work In Process stood at $4.3 million in 2022, then rose by 20.55% to $5.2 million in 2023, then slipped by 26.93% to $3.8 million in 2024, then fell by 1.4% to $3.7 million in 2025, then decreased by 3.53% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $3.6 million in Q1 2026, $3.7 million in Q4 2025, and $5.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn |
| 10 | CareDx | 2.77 Bn | 2.40 Bn | 116.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.61 Mn |
| Dec 31, 2025 | 3.74 Mn |
| Sep 30, 2025 | 5.13 Mn |
| Jun 30, 2025 | 5.65 Mn |
| Mar 31, 2025 | 4.81 Mn |
| Dec 31, 2024 | 3.79 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Jun 30, 2024 | 4.01 Mn |
| Mar 31, 2024 | 5.28 Mn |
| Dec 31, 2023 | 5.19 Mn |
| Sep 30, 2023 | 4.94 Mn |
| Jun 30, 2023 | 5.49 Mn |
| Mar 31, 2023 | 4.71 Mn |
| Dec 31, 2022 | 4.31 Mn |
| Sep 30, 2022 | 3.73 Mn |
| Jun 30, 2022 | 3.94 Mn |
| Mar 31, 2022 | 3.50 Mn |
| Dec 31, 2021 | 2.83 Mn |
| Sep 30, 2021 | 2.81 Mn |
| Jun 30, 2021 | 3.10 Mn |