7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.2% per year over the past 5 years.
Operating margin has expanded, at -31.5% in the latest year.
Financial health
Total debt ($50M) exceeds cash ($19M); net debt is $31M.
Total debt has grown in line with revenue (12.2% vs 14.2% per year).
Operating income covered interest expense -3.6× in the latest year, down from -3.0× 5 years ago.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$88M
-$35M
0.0%
-31.5%
-$24M
$50M
$19M
2024
$71M
-$43M
0.0%
-48.4%
-$52M
$40M
$26M
2023
$49M
-$52M
0.0%
-84.2%
-$46M
$40M
$26M
2022
$38M
-$65M
0.0%
-132.4%
-$48M
$30M
$43M
2021
$55M
-$43M
0.0%
-75.1%
-$30M
$10M
$33M
2020
$46M
-$65M
0.0%
-50.3%
-$23M
$28M
$62M
2019
$25M
-$31M
0.0%
-108.9%
-$23M
—
$5M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$26M
-$8M
0.0%
-24.3%
-$10M
$50M
$26M
Dec '25
$29M
-$4M
0.0%
-6.8%
$692000
$50M
$19M
Sep '25
$22M
-$9M
0.0%
-32.4%
-$9M
$50M
$17M
Jun '25
$20M
-$11M
0.0%
-48.6%
-$7M
$50M
$21M
Mar '25
$18M
-$11M
0.0%
-50.9%
-$9M
$40M
$18M
Dec '24
$20M
-$8M
0.0%
-32.5%
-$5M
$40M
$26M
Sep '24
$18M
-$10M
0.0%
-47.3%
-$11M
$40M
$31M
Jun '24
$18M
-$11M
0.0%
-46.0%
-$20M
$40M
$42M
Mar '24
$15M
-$14M
0.0%
-74.4%
-$16M
$40M
$11M
Dec '23
$15M
-$9M
0.0%
-46.8%
-$15M
$40M
$26M
Sep '23
$13M
-$11M
0.0%
-53.2%
-$10M
$30M
$20M
Jun '23
$12M
-$13M
0.0%
-92.0%
-$5M
$30M
$17M
Mar '23
$9M
-$19M
0.0%
-180.8%
-$15M
$30M
$25M
Dec '22
$10M
-$20M
0.0%
-144.6%
-$14M
$30M
$43M
Sep '22
$11M
-$14M
0.0%
-95.5%
-$11M
$22M
$15M
Jun '22
$11M
-$16M
0.0%
-106.2%
-$10M
$23M
$24M
Mar '22
$7M
-$16M
0.0%
-220.8%
-$13M
$10M
$16M
Dec '21
$7M
-$13M
0.0%
-161.7%
-$11M
$10M
$33M
Sep '21
$7M
-$12M
0.0%
-200.4%
-$9M
$30M
$48M
Jun '21
$12M
-$11M
0.0%
-89.1%
$809000
$33M
$56M
Valuation over time
How the market has priced BDSX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.5× (Mar '23) to 2.3× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is BDSX growing its revenue and profit?
Over the past 5 years, BIODESIX INC's revenue has grown 14.2% per year. These are computed facts, not advice.
How much debt does BDSX have?
As of FY2025, BIODESIX INC reported $50M of total debt against $19M of cash; operating income covered interest expense -3.6×.
What is BDSX's profit margin?
In FY2025, gross margin was —, operating margin -31.5%, and net margin -39.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.