CareDx annual gross margin
2017
2018
2019
CareDx Gross Margin Growth & History (CDNA)
CareDx's gross margin was 64.23% for fiscal 2019.
View full CareDx company overviewCareDx annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 64.23% | +7.31 pp |
| 2018 | 2018-12-31 | 56.92% | +1.14 pp |
| 2017 | 2017-12-31 | 55.78% | — |
CareDx quarterly gross margin
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2020 | 2020-06-30 | 64.06% | +0.66 pp |
| Q1 2020 | 2020-03-31 | 67.71% | +5.17 pp |
| Q4 2019 | 2019-12-31 | 64.50% | +6.45 pp |
| Q3 2019 | 2019-09-30 | 66.01% | +6.44 pp |
| Q2 2019 | 2019-06-30 | 63.40% | — |
| Q1 2019 | 2019-03-31 | 62.54% | — |
| Q3 2018 | 2018-09-30 | 58.05% | — |
| Q2 2018 | 2018-06-30 | 59.56% | — |
CareDx gross margin trends
Across the available reported history, CareDx's gross margin increased from 56.92% to 64.23%, a change of +7.31 percentage points. The latest reported quarter, Q2 2020, shows 64.06%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review CareDx filings at SEC.gov ↗