Biodesix Inc. reported total revenue of $21.8 million for the third quarter of 2025, representing a 20% increase compared to the same period in 2024. Gross profit margin for the quarter was 81%, an improvement of 400 basis points year-over-year, attributed to growth in Lung Diagnostic testing, higher average revenue per test, and cost optimization. Operating expenses, excluding direct costs, were $24.7 million, up 10% from the prior year, mainly due to increased sales and marketing costs related to the expansion of the sales team and market awareness initiatives. Non-cash stock compensation expense was $1.1 million, a 30% decrease from the previous year. Biodesix raised its full-year 2025 total revenue guidance to $84-86 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Biodesix Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9567530-en) on November 03, 2025, and is solely responsible for the information contained therein.
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