What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

CareDx CDNA Gross Profit

Discontinued — last reported Q2 '20

Gross Profit at other companies

NeoGenomicsNEO

$80.86M+10.4%

Personalis, Inc.PSNL

$281K-96.1%

GeneDx HoldingsWGS

$68.21M+16.6%

TransMedics Group, Inc.TMDX

$101.16M+14.7%

Bio-Rad LaboratoriesBIO

$309.4M+1.1%

VeracyteVCYT

$101.16M+27.2%

Other financials

Income statement

See full

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$1.4B+32.2%

Enterprise value$1.35B+34.6%

P/S3.4×+0.3×

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

See full

Return on equity-2.4%-21.9pp

Debt / equity0.1×0.0×

Current ratio3.4×-0.7×

Where this comes from

Calculated from CareDx’s reported figures.

$41.8Mtotal revenue−$15.0Mtotal cost of revenue=$26.78M

The official record: CareDx’s 10-Q, filed July 29, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.