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BDSX Financials BIODESIX INC

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
-$65M $12M $88M $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-171% -86% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$52M -$26M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $31M $62M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$49M $16M $81M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
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

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.

Price / sales (P/S)
0.0 1.2 2.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
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.