Company Analysis

Bionano Genomics, Inc. (BNGO)

Nasdaq: BNGO · Laboratory Analytical Instruments · San Diego, CA · filing with the SEC since 2007
Grade3.3
◀ Past 2.2● Present 3.4▶ Future 4.1
1 est.

The grade of Bionano Genomics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.3/10
◀ Past2.230% of the headline
● Present3.440% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.4/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2024-07-18.

weight 33% of this tense · 24th percentile among 23 sector filers · read for itself

From the record

Bionano Genomics, Inc.'s filings since 2017 show 5 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2024-07-18); an auditor change (8-K item 4.01, the latest 2020-05-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.7/10

What has it actually done, year after year?

+13.2% a year over 8 filed years; profitable in 0 of 8.

weight 45% of this tense · 27th percentile among 21 sector filers · read for its customers

From the record

Bionano Genomics, Inc.'s 8 filed years say what it did: revenue went from $12 million in fiscal 2018 to $29 million in fiscal 2025, up 13.2% a year; it rose in 3 of 7 years; the deepest fall was 29% from fiscal 2018 to fiscal 2020; net income was positive in 0 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.2%top 47% of its family
  • the share of years revenue rosebottom 12% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak29.1%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.7/10

How has it treated the people who own it?

SI estimate 0.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 7th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 7% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 21 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bionano Genomics, Inc.'s shareholder treatment is put at 0.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 7% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.0/10

Is it financially healthy right now?

ROE -59%: lost 59¢ per shareholder dollar. Leverage 40%: owes 40¢ per asset dollar.

weight 45% of this tense · 29th percentile among 22 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Bionano Genomics, Inc. lost about 59 cents for every dollar of shareholders' money, and gross profitability: its products earned about 18 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 328.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 48% of its family
  • return on equitybottom 26% of its family
  • gross profit against assetsbottom 42% of its family
  • the share count against the year beforebottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.0/10

How strong is its position in its industry?

bottom 30% of 21 in its family; net margin -92.6%.

weight 33% of this tense · 30th percentile among 21 sector filers · read for its customers

From the record

Bionano Genomics, Inc.'s standing among 21 graded names in its industry family: revenue of $29 million in fiscal 2025 ranks in the bottom 17% by size; a net margin of -92.6% ranks in the bottom 31%; revenue growth of 0.8% a year over the last 3 filed years ranks in the bottom 43% (its annual reports).

What it rests on

  • revenue against the family$28.5Mbottom 17% of its family
  • net margin-92.6%bottom 31% of its family
  • three-year revenue growth0.8%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.1/10

What are the people in charge doing?

top 49% of 21 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 51st percentile among 21 sector filers · read for its shareholders

From the record

Bionano Genomics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Luderer, Albert (Interim Chief Executive, as filed), filing under that title since 2026-08-21, 3 months (bottom 3% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 7 years (top 26%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 12 peopletop 23% of its family
  • the median years the people in charge have filed7.0 yearstop 26% of its family
  • the chief executive's years on the record2 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 21 in its family for room to expand.

weight 45% of this tense · 47th percentile among 21 sector filers · read for itself

From the record

Bionano Genomics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 4.1% of its assets as net cash, bottom 43% of its family; cash from operations less capital spending is -57.3% of revenue (bottom 40%); a gross margin of 46.3% (bottom 31%); research spending of 39.9% of revenue (top 27%) (its annual report).

What it rests on

  • cash less debt against assets4.1%bottom 43% of its family
  • cash from operations less capital spending against revenue-57.3%bottom 40% of its family
  • gross margin46.3%bottom 31% of its family
  • research spending against revenue39.9%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.7/10

What could actually drive growth from here?

bottom 17% of 21 in its family for growth drivers.

weight 33% of this tense · 17th percentile among 21 sector filers · read for its customers

From the record

Bionano Genomics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.8% a year over the last three filed years against 13.2% over all 8, slowing (bottom 33% of its family); the newest year grew -7.4% (bottom 17%); research spending grew -38.6% a year (bottom 3%) (its annual reports). Bionano Genomics, Inc. reported 4 product lines in fiscal 2025: Consumable Revenue at $14 million (49%), Software Revenue at $6 million (23%), Instrument Revenue at $6 million (22%), and 1 more; 2 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-12.3 points a yearbottom 33% of its family
  • the newest year's revenue growth-7.4%bottom 17% of its family
  • three-year growth of research spending-38.6%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.4/10

Did its newest year beat what its own record pointed to?

top 36% of 20 in its family for expectations against reality.

weight 22% of this tense · 64th percentile among 20 sector filers · read for its shareholders

From the record

Bionano Genomics, Inc.'s newest year against its own record: revenue of $29 million in fiscal 2025 came in 12% below the $32 million its prior three years' pace pointed to (bottom 13% of its family); net income of $26 million against a prior three-year average of $159 million (top 12%); a net margin of -92.6% against losses larger than its revenue before (top 7%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-12.0%bottom 13% of its family
  • net income against the prior three years' average+83%top 12% of its family
  • net margin against its prior averageup more than 100 pointstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BNGO · research, not advice