StockWatch
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Medical Specialities
Quarterly ResultJul 30, 2026, 04:09 PM

CareDx Q2 Revenue +52% to $132M; Raises FY26 Guidance

AI Summary

CareDx, Inc. reported strong second-quarter 2026 financial results, with revenue increasing 52% year-over-year to $132 million and GAAP net income reaching $111 million. The company also significantly raised its full-year 2026 revenue guidance to $490 million-$500 million and Adjusted EBITDA guidance to $66 million-$78 million. These results follow the divestiture of its Lab Products business, which generated a $113 million gain, and the acquisition of Naveris, strengthening its focus on precision medicine diagnostics.

Key Highlights

  • Q2 2026 revenue increased 52% year-over-year to $132 million.
  • GAAP net income for Q2 2026 was $111 million, compared to a $9 million loss in Q2 2025.
  • Adjusted EBITDA for Q2 2026 rose to $25 million from $5 million in Q2 2025.
  • Full-year 2026 revenue guidance raised to $490 million-$500 million.
  • Full-year 2026 Adjusted EBITDA guidance raised to $66 million-$78 million.
  • Completed divestiture of Lab Products business, recognizing a $113 million gain.
  • Completed acquisition of Naveris, enhancing precision diagnostics focus.
  • CMS finalized Medicare coverage for AlloSure® and AlloMap® tests.