Growth Metrics

Co-Diagnostics (CODX) Gross Margin (2017 - 2025)

Historic Gross Margin for Co-Diagnostics (CODX) over the last 9 years, with Q3 2025 value amounting to 81.92%.

  • Co-Diagnostics' Gross Margin rose 283100.0% to 81.92% in Q3 2025 from the same period last year, while for Sep 2025 it was 34.03%, marking a year-over-year decrease of 152700.0%. This contributed to the annual value of 74.48% for FY2024, which is 359200.0% up from last year.
  • Per Co-Diagnostics' latest filing, its Gross Margin stood at 81.92% for Q3 2025, which was up 283100.0% from 80.29% recorded in Q2 2025.
  • In the past 5 years, Co-Diagnostics' Gross Margin ranged from a high of 92.02% in Q2 2024 and a low of 132.09% during Q2 2023
  • Over the past 5 years, Co-Diagnostics' median Gross Margin value was 81.78% (recorded in 2022), while the average stood at 52.7%.
  • Per our database at Business Quant, Co-Diagnostics' Gross Margin crashed by -2138700bps in 2023 and then skyrocketed by 2241100bps in 2024.
  • Co-Diagnostics' Gross Margin (Quarter) stood at 87.81% in 2021, then fell by -28bps to 63.2% in 2022, then crashed by -74bps to 16.52% in 2023, then crashed by -529bps to 70.81% in 2024, then surged by 216bps to 81.92% in 2025.
  • Its last three reported values are 81.92% in Q3 2025, 80.29% for Q2 2025, and 57.06% during Q1 2025.