BIODESIX INC
BIODESIX INC
BIODESIX INC (BDSX) — SEC Financial Statements & Analysis
BIODESIX INC (BDSX) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 26 | 19 | 17 | 21 | 18 | 26 | 31 | 42 | 11 | 26 | 20 | 17 | |||||
Assets Current | |||||||||||||||||
Accounts Receivable Net Current | 10 | 9 | 13 | 7 | 8 | 9 | 8 | 10 | 10 | 8 | 6 | 4 | |||||
Assets Current | 41 | 33 | 33 | 32 | 30 | 39 | 44 | 58 | 28 | 40 | 29 | 25 | |||||
Other Assets Current | 6 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 7 | 6 | 3 | 4 | |||||
Property Plant And Equipment Net | 24 | 25 | 25 | 26 | 27 | 28 | 29 | 28 | 29 | 28 | 25 | 19 | |||||
Intangible Assets Net Excluding Goodwill | 3 | 4 | 4 | 5 | 5 | 6 | 6 | 7 | 7 | 8 | 8 | 9 | |||||
Assets Noncurrent | |||||||||||||||||
Assets Noncurrent | 54 | 55 | 55 | 55 | 57 | 58 | 59 | 58 | 59 | 59 | 58 | 52 | |||||
Operating Lease Right Of Use Asset | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Goodwill | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | |||||
Other Assets Noncurrent | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 6 | 7 | 7 | 7 | |||||
Assets | 95 | 87 | 89 | 88 | 86 | 97 | 103 | 116 | 87 | 99 | 87 | 78 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 4 | 3 | 4 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 4 | |||||
Accrued Liabilities Current | 8 | 11 | 10 | 10 | 7 | 10 | 9 | 8 | 8 | 8 | 7 | 7 | |||||
Contract With Customer Liability Current | 0 | 1 | 3 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 14 | 17 | 18 | 15 | 13 | 14 | 13 | 18 | 31 | 33 | 33 | 28 | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 2 | |||||
Business Combination Contingent Consideration Liab… | - | - | - | - | - | - | - | 6 | 19 | 22 | 19 | 15 | |||||
Notes Payable To Bank Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Liabilities Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 2 | 0 | |||||
Long Term Notes Payable | 46 | 47 | 47 | 47 | 37 | 36 | 36 | 36 | 36 | 35 | 25 | 25 | |||||
Operating Lease Liability Noncurrent | 24 | 24 | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 19 | |||||
Liabilities Noncurrent | |||||||||||||||||
Liabilities Noncurrent | 71 | 73 | 72 | 71 | 62 | 62 | 62 | 62 | 61 | 61 | 56 | 57 | |||||
Business Combination Contingent Consideration Liab… | - | - | - | - | - | - | - | - | - | - | 5 | 12 | |||||
Other Liabilities Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities | 86 | 90 | 90 | 87 | 75 | 76 | 75 | 80 | 93 | 95 | 88 | 85 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | 9 | -2 | -2 | 1 | 11 | 21 | 28 | 36 | -6 | 5 | -1 | -7 | |||||
Additional Paid In Capital | 515 | 495 | 492 | 486 | 485 | 483 | 482 | 480 | 428 | 424 | 409 | 392 | |||||
Retained Earnings Accumulated Deficit | -506 | -498 | -494 | -485 | -474 | -462 | -454 | -444 | -433 | -420 | -410 | -399 | |||||
Liabilities And Stockholders Equity | 95 | 87 | 89 | 88 | 86 | 97 | 103 | 116 | 87 | 99 | 87 | 78 | |||||
Allowance For Doubtful Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 10 | 8 | 8 | 7 | 7 | 0 | 7 | 7 | 5 | 5 | 4 | 4 | |||||
Shares Outstanding | 10 | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 4 | |||||
Stockholders Equity Note Stock Split Conversion Ra… | - | - | 0 | - | - | - | - | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 44.81% | 107.10% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -15.60% | -24.23% | 1.11% | -4.47% | -13.31% | -24.72% | 30.60% | 7.57% | 85.17% | 4.61% | -7.59% | -0.35% |
| 2024 | -7.74% | -1.29% | 10.97% | 23.27% | 7.55% | 3.14% | -1.54% | 20.77% | -11.54% | -6.03% | -24.40% | -51.89% |
| 2023 | -21.05% | -28.07% | -37.43% | -0.65% | 7.14% | -9.74% | 0.68% | 24.32% | 33.11% | -12.66% | -20.89% | -0.32% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.82 | 1.86 | 1.84 | 2.14 | 2.22 | 2.76 | 3.40 | 3.28 | 0.91 | 1.19 | 0.88 | 0.90 | |||||
| Quick Ratio | 2.82 | 1.86 | 1.84 | 2.14 | 2.22 | 2.76 | 3.40 | 3.28 | 0.91 | 1.19 | 0.88 | 0.90 | |||||
| Working Capital | 26.42M | 15.08M | 15.25M | 17.29M | 16.31M | 25.17M | 31.05M | 40.03M | -2.75M | 6.27M | -3.76M | -2.71M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 9.36 | -36.49 | -52.52 | 76.10 | 6.80 | 3.66 | 2.69 | 2.19 | -16.85 | 20.64 | -61.02 | -12.10 | |||||
| Interest Coverage TTM | -3.11 | -3.61 | -4.39 | -4.62 | -4.40 | -4.18 | -3.93 | -3.63 | -3.72 | -4.34 | -4.96 | -4.98 | |||||
| Debt Ratio | 0.90 | 1.03 | 1.02 | 0.99 | 0.87 | 0.79 | 0.73 | 0.69 | 1.06 | 0.95 | 1.02 | 1.09 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.06 | 0.96 | 0.84 | 0.75 | 0.86 | 0.73 | 0.69 | 0.63 | 0.65 | 0.51 | 0.59 | 0.54 | |||||
| Days Sales Outstanding TTM | 32.55 | 36.37 | 47.14 | 41.91 | 42.97 | 41.66 | 38.45 | 42.69 | 49.22 | 47.38 | 42.39 | 41.95 | |||||
| Receivables Turnover TTM | 11.21 | 10.03 | 7.74 | 8.71 | 8.49 | 8.76 | 9.49 | 8.55 | 7.42 | 7.70 | 8.61 | 8.70 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -3.31 | -4.67 | -5.27 | -5.60 | -5.54 | -6.64 | -5.99 | -5.95 | -8.23 | -10.80 | -13.51 | -14.31 | |||||
| Free Cash Flow Per Share TTM | -2.60 | -3.12 | -3.89 | -4.25 | -6.17 | -8.02 | -8.50 | -8.15 | -8.04 | -9.48 | -9.47 | -9.92 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | - | 115.07% | 117.64% | 119.43% | 122.16% | 125.00% | |||||
| Operating Profit Margin TTM | -25.95% | -31.50% | -40.61% | -44.54% | -43.80% | -48.37% | -52.96% | -54.68% | -65.62% | -84.22% | -109.85% | -124.39% | |||||
| Net Profit Margin TTM | -33.26% | -39.85% | -49.31% | -53.66% | -54.28% | -60.19% | -66.84% | -73.08% | -85.80% | -106.23% | -143.88% | -158.72% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 29.05% | 24.08% | 22.29% | 25.70% | 35.76% | 45.30% | 48.92% | 46.25% | 34.70% | 28.46% | 22.88% | 33.24% | |||||
| Net Income Growth (1Y) | -20.93% | -17.86% | -9.77% | -7.71% | -14.11% | -17.67% | -30.82% | -32.66% | -31.37% | -20.32% | 8.48% | 17.59% | |||||
| EPS Growth (1Y) | -40.23% | -29.62% | -12.00% | -5.85% | -32.75% | -38.54% | -55.66% | -58.43% | -45.07% | -18.29% | 10.10% | 17.55% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -4.38 | -1.46 | -1.43 | -1.01 | -2.26 | -4.61 | -5.94 | -5.14 | -3.47 | -3.41 | -2.44 | -1.72 | |||||
| P/B | 15.33 | -20.83 | -32.88 | 36.34 | 8.25 | 9.48 | 9.35 | 6.31 | -29.71 | 38.81 | -107.01 | -16.25 | |||||
| P/S TTM | 1.46 | 0.58 | 0.71 | 0.54 | 1.23 | 2.78 | 3.97 | 3.76 | 2.98 | 3.62 | 3.51 | 2.73 | |||||
| Market Cap | 140.01M | 51.35M | 56.63M | 41.36M | 91.25M | 197.98M | 260.41M | 228.90M | 163.47M | 177.75M | 154.73M | 113.60M | |||||
| Enterprise Value | 160.84M | 79.72M | 87.04M | 67.32M | 110.25M | 208.06M | 265.03M | 222.40M | 187.40M | 186.60M | 159.75M | 120.76M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -25.10M | -23.53M | -29.16M | -31.13M | -45.01M | -51.88M | -62.21M | -60.99M | -45.97M | -45.79M | -44.40M | -45.83M | |||||
| Net Debt | 20.83M | 28.37M | 30.42M | 25.97M | 19.00M | 10.08M | 4.62M | -6.50M | 23.93M | 8.85M | 5.02M | 7.16M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
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| Days Payables Outstanding TTM | |||||||||||||||||
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| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
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| Net Revenue Growth (3Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
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