Co-Diagnostics (CODX) Market Capitalization (2017 - 2026)
Co-Diagnostics (CODX) recorded Market Capitalization of $7.8 million in Q3 2026, down 98.0% from $391.03 million a year earlier and down 48.4% from the prior quarter.
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Analysis
Co-Diagnostics (CODX) Market Capitalization (2017 - 2026) Analysis & Trends
For FY2025, Co-Diagnostics reported Market Capitalization of $6.74 million, down 99.1% from FY2024.
- Annual Market Capitalization has declined for four straight years, with a five-year compound annual growth rate of -75.7% (FY2020 to FY2025).
- Across earlier years, Market Capitalization came in at $743.7 million in FY2024 (-40.4%), $1.25 billion in FY2023 (-46.6%), $2.33 billion in FY2022 (-74.2%) and $9.06 billion in FY2021 (+13.7%).
- Quarterly Market Capitalization has ranged from $4.19 million in Q1 2026 to $9.06 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Market Capitalization has declined for eight consecutive quarters, with an average decline of 80.4% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 22.8% in Q3 2024, against a decline of 99.1% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $15.12 million (Q2 2026), $4.19 million (Q1 2026) and $6.74 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.80 Mn |
| Jun 30, 2026 | 15.12 Mn |
| Mar 31, 2026 | 4.19 Mn |
| Dec 31, 2025 | 6.74 Mn |
| Sep 30, 2025 | 391.03 Mn |
| Jun 30, 2025 | 303.93 Mn |
| Mar 31, 2025 | 312.23 Mn |
| Dec 31, 2024 | 743.70 Mn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Sep 30, 2023 | 974.94 Mn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 1.36 Bn |
| Dec 31, 2022 | 2.33 Bn |
| Sep 30, 2022 | 2.98 Bn |
| Jun 30, 2022 | 5.69 Bn |
| Mar 31, 2022 | 6.30 Bn |
| Dec 31, 2021 | 9.06 Bn |
API Access
Co-Diagnostics Market Capitalization 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=market-capitalization&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();