CareDx, Inc.
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 6, 2025
CDNA$80.77-4.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| Testing services revenue | $62,033 | $70,918 | $123,954 | $124,755 |
| Product revenue | 11,833 | 10,610 | 22,643 | 19,204 |
| Patient and digital solutions revenue | 12,813 | 10,746 | 24,767 | 20,364 |
| Total revenue | 86,679 | 92,274 | 171,364 | 164,323 |
| Operating expenses: | ||||
| Cost of testing services | 15,406 | 14,308 | 30,519 | 27,940 |
| Cost of product | 4,981 | 6,298 | 10,567 | 11,642 |
| Cost of patient and digital solutions | 8,271 | 7,393 | 15,987 | 14,351 |
| Research and development | 16,830 | 19,693 | 35,354 | 38,404 |
| Sales and marketing | 24,279 | 21,002 | 47,270 | 40,832 |
| General and administrative | 27,683 | 30,907 | 50,452 | 61,047 |
| Litigation settlement expense | 350 | — | 5,710 | — |
| Total operating expenses | 97,800 | 99,601 | 195,859 | 194,216 |
| Loss from operations | (11,121) | (7,327) | (24,495) | (29,893) |
| Other income: | ||||
| Interest income, net | 2,364 | 2,826 | 5,148 | 5,711 |
| Other income (expense), net | 72 | (100) | 367 | (390) |
| Total other income | 2,436 | 2,726 | 5,515 | 5,321 |
| Loss before income taxes | (8,685) | (4,601) | (18,980) | (24,572) |
| Income tax benefit (expense) | 117 | (22) | 59 | 61 |
| Net loss | $(8,568) | $(4,623) | $(18,921) | $(24,511) |
| Net loss per share (Note 3): | ||||
| Basic | $(0.16) | $(0.09) | $(0.35) | $(0.47) |
| Diluted | $(0.16) | $(0.09) | $(0.35) | $(0.47) |
| Weighted-average shares used to compute net loss per share: | ||||
| Basic | 54,304,754 | 52,195,620 | 54,781,601 | 51,943,989 |
| Diluted | 54,304,754 | 52,195,620 | 54,781,601 | 51,943,989 |
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