Company Analysis

CareDx, Inc. (CDNA)

Nasdaq: CDNA · Services-Medical Laboratories · Brisbane, CA · filing with the SEC since 2003
Grade5.2
◀ Past 4.9● Present 5.2▶ Future 5.6

The grade of CareDx, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past4.930% of the headline
● Present5.240% of the headline
▶ Future5.630% of the headline

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

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.0/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2018-04-16.

weight 33% of this tense · 20th percentile among 27 sector filers · read for itself

From the record

CareDx, Inc.'s filings since 2017 show 5 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2017-05-22); an auditor change (8-K item 4.01, the latest 2018-04-16); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2017-05-15) (its current reports).

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

Track record

as filed
5.0/10

What has it actually done, year after year?

+28.2% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 50th percentile among 23 sector filers · read for its customers

From the record

CareDx, Inc.'s 10 filed years say what it did: revenue went from $41 million in fiscal 2016 to $380 million in fiscal 2025, up 28.2% a year; it rose in 8 of 9 years; the deepest fall was 13% from fiscal 2022 to fiscal 2023; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span28.2%bottom 46% of its family
  • the share of years revenue rosetop 37% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak12.9%bottom 41% of its family

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

Shareholder treatment

as filed
9.0/10

How has it treated the people who own it?

Share count steady. 100% of cash flow returned. Insiders: 36 sales, 0 purchases.

weight 22% of this tense · 90th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, CareDx, Inc.'s diluted share count held steady, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 36 sales (28 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 16% of its family
  • cash returned against operating cash flowtop 5% of its family

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

● Present

What are they doing right now?

5.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.1/10

Is it financially healthy right now?

ROE -7%: lost 7¢ per shareholder dollar. Leverage 27%: owes 27¢ per asset dollar.

weight 33% of this tense · 71st percentile among 25 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, CareDx, Inc. lost about 7 cents for every dollar of shareholders' money. Leverage: it owed about 27 cents per dollar of assets, and net share issuance: its share count shrank 5.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 40% of its family
  • return on equitytop 45% of its family
  • the share count against the year beforetop 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
5.6/10

How strong is its position in its industry?

top 44% of 24 in its family; net margin -5.6%.

weight 45% of this tense · 56th percentile among 24 sector filers · read for its customers

From the record

CareDx, Inc.'s standing among 24 graded names in its industry family: revenue of $380 million in fiscal 2025 ranks in the top 33% by size; a net margin of -5.6% ranks in the top 31%; revenue growth of 5.7% a year over the last 3 filed years ranks in the bottom 33% (its annual reports).

What it rests on

  • revenue against the family$380Mtop 33% of its family
  • net margin-5.6%top 31% of its family
  • three-year revenue growth5.7%bottom 33% of its family

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

Leadership

as filed
1.3/10

What are the people in charge doing?

bottom 13% of 17 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 13th percentile among 17 sector filers · read for its shareholders

From the record

CareDx, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hanna, John Walter Jr (President and CEO, as filed), filing under that title since 2024-04-25, 2.6 years (bottom 21% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.6 years (bottom 10%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 9%; 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 charge13 in three years among 13 peoplebottom 9% of its family
  • the median years the people in charge have filed2.6 yearsbottom 10% of its family
  • the chief executive's years on the record2.6 yearsbottom 21% 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?

5.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.3/10

How much room does it have to grow?

top 37% of 24 in its family for room to expand.

weight 22% of this tense · 63rd percentile among 24 sector filers · read for itself

From the record

CareDx, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $65 million against no long-term debt tagged leaves 15.8% of its assets as net cash, top 48% of its family; cash from operations less capital spending is 11.1% of revenue (top 15%); research spending of 18.8% of revenue (top 47%) (its annual report).

What it rests on

  • cash less debt against assets15.8%top 48% of its family
  • cash from operations less capital spending against revenue11.1%top 15% of its family
  • research spending against revenue18.8%top 47% of its family

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

Growth drivers

as filed
4.2/10

What could actually drive growth from here?

bottom 42% of 23 in its family for growth drivers.

weight 45% of this tense · 42nd percentile among 23 sector filers · read for its customers

From the record

CareDx, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 5.7% a year over the last three filed years against 28.2% over all 10, slowing (bottom 24% of its family); the newest year grew 13.8% (bottom 46%); research spending grew -7.5% a year (bottom 25%); capital spending grew 19.3% a year (top 26%) (its annual reports). CareDx, Inc. reported 3 product lines in fiscal 2025: Service at $274 million (72%), Patient and Digital Solutions at $57 million (15%), Product at $48 million (13%); 3 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-22.5 points a yearbottom 24% of its family
  • the newest year's revenue growth13.8%bottom 46% of its family
  • three-year growth of research spending-7.5%bottom 25% of its family
  • three-year growth of capital spending19.3%top 26% 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
6.9/10

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

top 31% of 20 in its family for expectations against reality.

weight 33% of this tense · 69th percentile among 20 sector filers · read for its shareholders

From the record

CareDx, Inc.'s newest year against its own record: revenue of $380 million in fiscal 2025 came in 11.7% above the $340 million its prior three years' pace pointed to (top 17% of its family); net income of $21 million against a prior three-year average of $71 million (top 17%); a net margin of -5.6% against -25.3% before (bottom 43%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace11.7%top 17% of its family
  • net income against the prior three years' average+70%top 17% of its family
  • net margin against its prior average+19.7 pointsbottom 43% 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 CDNA · research, not advice