Biodesix Q3 revenue rises 10% to $24.0 million; full-year 2026 revenue guidance revised
Biodesix reported third-quarter 2026 revenue of $24.0 million, up 10% year over year, and a net loss of $8.0 million, narrowed 8% from a year earlier. The company revised its full-year 2026 revenue guidance to $101 million to $103 million, and CEO Scott Hutton said growth was below the company's expectations, citing sales team, seasonality and development services timing issues.
Key points
- Total revenue $24.0 million in Q3 2026, up 10%; Diagnostic Testing revenue $23.0 million, up 16%
- Test volumes rose 24% to 19,400; gross margin was 81%, flat year over year
- Net loss $8.0 million vs. $8.7 million a year earlier; Adjusted EBITDA loss $3.9 million vs. $4.6 million
- Full-year 2026 revenue guidance revised to $101 million to $103 million
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.