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Biodesix, Inc.

BDSX

Biodesix is a leading diagnostic solutions company focused on personalized medicine for lung disease through multi-omic blood-based testing.

Market cap
$230.11M+315%
Revenue$96.1M+29.0%
Net income-$32.0M+20.9%
Free cash flow-$25.8M+42.7%
EPS (diluted)-$2.48+38.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$26.0M
EPS estimate-$0.86

Financials

Q1 2026

Income statement

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Revenue$25.6M+42.3%
Operating income-$6.2M+32.1%
Net income-$7.8M+29.8%
EPS (diluted)-$0.81+46.7%

Balance sheet

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Cash & equivalents$25.6M+45.3%
Total debt$71.6M+15.0%
Total equity$9.1M-17.4%
Total assets$94.6M+9.7%

Cash flow

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Operating cash flow-$10.2M-18.2%
CapEx$81.0K+9.5%
Free cash flow-$10.2M-18.1%

Valuation & ratios

Valuation

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Market cap$230.11M+315%
Enterprise value$276.14M+145%
P/S2.4×+1.6×

Profitability

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Operating margin-26%-7.5pp
Net margin-33.3%-9.3pp
FCF margin-26.8%-9.6pp

Returns & leverage

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Return on equity-316.5%
Debt / equity7.8×+2.2×
Current ratio2.8×+0.6×

Segments

By product

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Diagnostic Tests$22.3M+36.6%
Development Services$3.3M+98.8%

Competitors

Profile

Biodesix is a leading diagnostic solutions company focused on personalized medicine for lung disease through multi-omic blood-based testing. The company leverages genomics, proteomics, and artificial intelligence to provide rapid, actionable insights for clinical diagnosis, treatment guidance, and disease monitoring. Their value proposition centers on improving patient outcomes and reducing healthcare costs by replacing invasive procedures with timely, non-invasive diagnostic tests.

Competitive position

A leader in lung-focused blood-based diagnostics with a unique multi-omic approach and industry-leading turnaround times for test results.

GeographiesUnited States
Customer segmentsHealthcare Providers, Biopharmaceutical Companies, Research Institutions
Business modelLaboratory Developed Tests (LDT), Fee-for-service, B2B services
SuppliersSpecialized laboratory equipment manufacturers, Reagent and chemical suppliers, Blood collection tube manufacturers, Cloud computing and AI infrastructure providers
CustomersPulmonology clinics, Oncology centers, Biopharmaceutical R&D departments, Medicare and private insurance payers
Listed2020
Employees217.0
CEOScott Hutton
FilingsSEC EDGAR

Questions, answered.

What is Biodesix, Inc.'s market cap?
Biodesix, Inc. (BDSX) has a market capitalization of $230.1M and trades on NASDAQ.
What is Biodesix, Inc.'s revenue and profitability?
Biodesix, Inc. generated $96.1M in trailing twelve-month revenue with a net loss of $32.0M, representing a net margin of -33.3%, with free cash flow of -$25.8M. These figures are based on the Q1 2026 filing.
Who are Biodesix, Inc.'s competitors?
Biodesix, Inc.'s key competitors include Personalis, Inc., NeoGenomics, Inc., Veracyte, Inc., and others. These companies compete in similar markets and product categories.
Who does Biodesix, Inc. partner with?
Biodesix, Inc.'s notable partners include Bio-Rad Laboratories, Inc., Memorial Sloan Kettering Cancer Center, Freenome, and others.
What subsidiaries does Biodesix, Inc. have?
Biodesix, Inc.'s subsidiaries include Integrated Diagnostics (Indi).
Where is Biodesix, Inc. headquartered?
Biodesix, Inc. is headquartered in United States of America and employs approximately 217 people. It has been publicly traded since 2020.