CareDx, Inc.

CDNA Healthcare Diagnostics & Research

CareDx, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $379.8 million, up 13.8% from fiscal 2024.

Revenue
+39.3%
EPS
+1,133.3%
Free cash flow
−68.6%

Quarter to September 2026, against a year earlier

76.96 8.90 −10.37%
Market cap
$4.0B
P/E
30.9×
Fwd P/E
36.2×
Dividend yield
—
F-score
5/9
Altman Z
4.14
Beneish M
−3.36
Dividend safety
n/a

CareDx, Inc. (CDNA) Gross margin

Alert me on Gross margin

CareDx, Inc.'s gross margin over the twelve months to 30 September 2026 was 71.0%, up 3.4 percentage points from fiscal 2025 (67.6%). Over the past ten years it has ranged from 48.0% (fiscal 2016) to 67.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of 48.3% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 67.6% 0.41
FY2024 67.1% 3.55
FY2023 63.6% (1.54)
FY2022 65.1% (2.01)
FY2021 67.1% (0.02)
FY2020 67.2% 2.93
FY2019 64.2% 7.31
FY2018 56.9% 1.14
FY2017 55.8% 7.76
FY2016 48.0% (15.48)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 71.1% (2.41)
Jun 2026 73.5% 2.07
Mar 2026 71.4% 4.19
Dec 2025 67.2% (2.12)
43 more quarters

Against its own ten years

Low 48.0% High 67.6%
Ten-year median 64.2%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
ADPT Adaptive Biotechnologies Corporation compare 74.2%
VCYT Veracyte, Inc. compare 72.0%
BLLN BillionToOne, Inc. compare 71.4%
CDNA CareDx, Inc. 71.0%
WGS GeneDx Holdings Corp. compare 69.4%
SHC Sotera Health Company compare 54.6%
NEO NeoGenomics, Inc. compare 44.8%
RDNT RadNet, Inc. compare 11.5%
GRAL GRAIL, Inc. compare 0.00%
Diagnostics & Research industry median 48.3%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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