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Side-by-side financial comparison of AMERISAFE INC (AMSF) and CareDx, Inc. (CDNA). Click either name above to swap in a different company.

CareDx, Inc. is the larger business by last-quarter revenue ($117.7M vs $80.1M, roughly 1.5× AMERISAFE INC). AMERISAFE INC runs the higher net margin — 10.2% vs 2.4%, a 7.8% gap on every dollar of revenue. On growth, CareDx, Inc. posted the faster year-over-year revenue change (39.0% vs 10.3%). Over the past eight quarters, CareDx, Inc.'s revenue compounded faster (12.9% CAGR vs 2.8%).

AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.

CareDx, Inc. is a leading precision medicine company dedicated to organ transplant patient care. It develops and commercializes diagnostic tests for rejection surveillance, digital health management tools, and supportive clinical services, catering to transplant clinicians, patients, and healthcare systems across North America and European core markets.

AMSF vs CDNA — Head-to-Head

Bigger by revenue
CDNA
CDNA
1.5× larger
CDNA
$117.7M
$80.1M
AMSF
Growing faster (revenue YoY)
CDNA
CDNA
+28.7% gap
CDNA
39.0%
10.3%
AMSF
Higher net margin
AMSF
AMSF
7.8% more per $
AMSF
10.2%
2.4%
CDNA
Faster 2-yr revenue CAGR
CDNA
CDNA
Annualised
CDNA
12.9%
2.8%
AMSF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMSF
AMSF
CDNA
CDNA
Revenue
$80.1M
$117.7M
Net Profit
$8.1M
$2.8M
Gross Margin
Operating Margin
1.0%
Net Margin
10.2%
2.4%
Revenue YoY
10.3%
39.0%
Net Profit YoY
-9.0%
EPS (diluted)
$0.43
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMSF
AMSF
CDNA
CDNA
Q1 26
$80.1M
$117.7M
Q4 25
$81.6M
$108.4M
Q3 25
$82.0M
$100.1M
Q2 25
$81.1M
$86.7M
Q1 25
$72.6M
$84.7M
Q4 24
$74.0M
$86.6M
Q3 24
$78.7M
$82.9M
Q2 24
$75.8M
$92.3M
Net Profit
AMSF
AMSF
CDNA
CDNA
Q1 26
$8.1M
$2.8M
Q4 25
$10.4M
$-4.1M
Q3 25
$13.8M
$1.7M
Q2 25
$14.0M
$-8.6M
Q1 25
$8.9M
$-10.4M
Q4 24
$13.2M
$87.7M
Q3 24
$14.3M
$-10.6M
Q2 24
$11.0M
$-4.6M
Operating Margin
AMSF
AMSF
CDNA
CDNA
Q1 26
1.0%
Q4 25
15.6%
-5.6%
Q3 25
21.3%
-0.2%
Q2 25
21.5%
-12.8%
Q1 25
15.5%
-15.8%
Q4 24
22.7%
97.5%
Q3 24
22.6%
-16.6%
Q2 24
18.1%
-7.9%
Net Margin
AMSF
AMSF
CDNA
CDNA
Q1 26
10.2%
2.4%
Q4 25
12.8%
-3.8%
Q3 25
16.9%
1.7%
Q2 25
17.2%
-9.9%
Q1 25
12.3%
-12.2%
Q4 24
17.8%
101.3%
Q3 24
18.2%
-12.8%
Q2 24
14.5%
-5.0%
EPS (diluted)
AMSF
AMSF
CDNA
CDNA
Q1 26
$0.43
$0.05
Q4 25
$0.55
$-0.08
Q3 25
$0.72
$0.03
Q2 25
$0.73
$-0.16
Q1 25
$0.47
$-0.19
Q4 24
$0.69
$1.60
Q3 24
$0.75
$-0.20
Q2 24
$0.57
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMSF
AMSF
CDNA
CDNA
Cash + ST InvestmentsLiquidity on hand
$34.2M
$77.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
Total Assets
$411.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
CDNA
CDNA
Q1 26
$34.2M
$77.9M
Q4 25
$61.9M
$177.2M
Q3 25
$54.7M
$194.2M
Q2 25
$48.5M
$186.3M
Q1 25
$44.8M
$230.9M
Q4 24
$44.1M
$260.7M
Q3 24
$63.7M
$240.9M
Q2 24
$30.6M
$228.9M
Total Debt
AMSF
AMSF
CDNA
CDNA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$0
Stockholders' Equity
AMSF
AMSF
CDNA
CDNA
Q1 26
$246.6M
Q4 25
$251.6M
$303.1M
Q3 25
$274.8M
$311.1M
Q2 25
$265.6M
$327.4M
Q1 25
$260.8M
$379.3M
Q4 24
$257.3M
$378.4M
Q3 24
$314.4M
$273.2M
Q2 24
$301.0M
$264.7M
Total Assets
AMSF
AMSF
CDNA
CDNA
Q1 26
$411.1M
Q4 25
$1.1B
$413.2M
Q3 25
$1.2B
$432.3M
Q2 25
$1.2B
$444.3M
Q1 25
$1.2B
$489.6M
Q4 24
$1.2B
$491.1M
Q3 24
$1.3B
$477.0M
Q2 24
$1.2B
$466.8M
Debt / Equity
AMSF
AMSF
CDNA
CDNA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMSF
AMSF
CDNA
CDNA
Operating Cash FlowLast quarter
$4.3M
Free Cash FlowOCF − Capex
$514.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.54×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
CDNA
CDNA
Q1 26
$4.3M
Q4 25
$11.1M
$21.4M
Q3 25
$10.7M
$37.4M
Q2 25
$-8.4M
$9.9M
Q1 25
$-1.8M
$-26.6M
Q4 24
$24.2M
$21.9M
Q3 24
$8.4M
$12.5M
Q2 24
$-2.6M
$18.9M
Free Cash Flow
AMSF
AMSF
CDNA
CDNA
Q1 26
$514.0K
Q4 25
$8.9M
Q3 25
$9.8M
Q2 25
$-9.5M
Q1 25
$-1.8M
Q4 24
$23.4M
Q3 24
$8.4M
Q2 24
$-2.6M
FCF Margin
AMSF
AMSF
CDNA
CDNA
Q1 26
0.4%
Q4 25
10.9%
Q3 25
11.9%
Q2 25
-11.7%
Q1 25
-2.5%
Q4 24
31.5%
Q3 24
10.7%
Q2 24
-3.5%
Capex Intensity
AMSF
AMSF
CDNA
CDNA
Q1 26
Q4 25
2.6%
Q3 25
1.1%
Q2 25
1.3%
Q1 25
0.0%
Q4 24
1.1%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
AMSF
AMSF
CDNA
CDNA
Q1 26
1.54×
Q4 25
1.06×
Q3 25
0.77×
22.30×
Q2 25
-0.61×
Q1 25
-0.20×
Q4 24
1.83×
0.25×
Q3 24
0.59×
Q2 24
-0.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMSF
AMSF

Segment breakdown not available.

CDNA
CDNA

Financial Results Total$85.0M72%
Patient and digital solutions revenue$16.0M14%
Product revenue$10.3M9%
Other$6.4M5%

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