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MARKETS / NASDAQ / BDSX
NASDAQ · SERVICES-MEDICAL LABORATORIES · SMALL CAP

Biodesix Inc. BDSX

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$88.5M
▲ 24.1% YoY
$-35.3M
$-23.5M
In brief

What this company does

Biodesix, Inc. derives its revenue from two sources: Biodesix Lung Diagnostic Testing, providing lung diagnostic testing services for healthcare providers associated with its five blood-based tests, and Biodesix Development Services, providing diagnostic testing services and consulting to biopharmaceutical, life sciences, and diagnostic companies. Biodesix, Inc. delivered an estimated $88.5 million in total revenue for 2025, an increase of 24% over 2024. As of December 31, 2025, Biodesix, Inc. had approximately 334 full-time and part-time employees located in the United States. Biodesix, Inc. was incorporated in Delaware in 2005 as Elston Technologies, Inc. On June 20, 2006, Elston Technologies, Inc. changed its name to Biodesix, Inc. Biodesix, Inc.'s principal executive offices are located at 919 West Dillon Rd, Louisville, CO 80027.

Written from the business description in BIODESIX, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 88.5M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 88.5 · Net income -35.3
40.0M80.0M-25.0M-50.0M2019202020212022202320242025
Compound annual growth
+32.3%
+14.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +14.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−40 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -31.5% · Net -39.8%
-50%-100%-150%2019202020212022202320242025
ROE
FY2025 · ROE -383.1%
-200%-400%2019202020212022202320242025

Each USD of equity lost 383 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -23.5
-20M-40M2019202020212022202320242025

Total assetsUSD 87.5M
EquityUSD -2.5M
CashUSD 19.0M
Gross debtUSD 50.0M
Net debtUSD 31.0M
Current ratio1.86×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.10.10.00.00.10.00.0
Operating income $B−0.0−0.0−0.0−0.1−0.0−0.0−0.0
EBITDA $B·······
Income tax $B0.00.00.00.00.00.0·
Net income $B−0.0−0.0−0.1−0.1−0.0−0.1−0.0
Free cash flow $B−0.0−0.1−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−4.67−6.64−0.64−1.55−1.58−6.48−126.97
Dividend / sh $·······
Payout %·······
ROE %−383.1−337.3−414.1−324.5−141.8··
Shares out B0.010.010.100.080.030.030.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 48 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Medical Laboratories
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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