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CareDx CDNA Reportable Segment — Research materials and clinical trials expense

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Other financials

Income statement

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Revenue$117.7M+39.0%
Operating income$1.2M+109%
Net income$2.8M+127%
EPS (diluted)$0.05+126%

Balance sheet

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Cash & equivalents$78.5M-12.1%
Total debt$24.5M-19.1%
Total equity$313.5M-17.3%
Total assets$411.1M-16.0%

Cash flow

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Operating cash flow$4.3M+116%
CapEx$3.8M+134%
Free cash flow$514.0K+102%

Valuation

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Market cap$2.42B+279%
Enterprise value$2.36B+295%
P/S5.9×+4.0×

Profitability

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Gross margin65.5%
Operating margin-3.9%-18.3pp
Net margin-2%-19.9pp
FCF margin-0%0.0pp

Returns & leverage

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Return on equity-2.4%-21.9pp
Debt / equity0.1×0.0×
Current ratio3.4×-0.7×

Where this comes from

Reported directly by CareDx in its filing.

Tagged under the XBRL concept cdna:ResearchMaterialsAndClinicalTrialsExpense.

The source filing: CareDx’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001217234-26-000033
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cost of patient and digital solutions111,4127,344
Personnel cost42,18830,743
Professional and legal fees7,91210,192
Research materials and clinical trials expense3,8313,174
Depreciation and amortization expense3,1192,950
Stock-based compensation expense9,7678,931
Litigation settlement expense6005,360
Business development and portfolio optimization expense23,357

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is CareDx's reportable segment — research materials and clinical trials expense?
CareDx (CDNA) reported reportable segment — research materials and clinical trials expense of $3.83M in Q1 2026.
How has CareDx's reportable segment — research materials and clinical trials expense changed year-over-year?
CareDx's reportable segment — research materials and clinical trials expense increased by 20.7% year-over-year, from $3.17M to $3.83M.
What is the long-term trend for CareDx's reportable segment — research materials and clinical trials expense?
Over 3 years (2022 to 2025), CareDx's reportable segment — research materials and clinical trials expense has grown at a -16.4% compound annual growth rate (CAGR), from $17.45M to $10.2M.
What does reportable segment — research materials and clinical trials expense mean?
Refers to the direct costs associated with conducting clinical studies and procuring materials necessary for the development and validation of new diagnostic solutions. This investment reflects the company's commitment to innovation and the long-term pipeline of its precision medicine portfolio.

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