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Side-by-side financial comparison of BIODESIX INC (BDSX) and Orchid Island Capital, Inc. (ORC). Click either name above to swap in a different company.

Orchid Island Capital, Inc. is the larger business by last-quarter revenue ($38.5M vs $28.8M, roughly 1.3× BIODESIX INC). Orchid Island Capital, Inc. runs the higher net margin — 268.7% vs -13.8%, a 282.6% gap on every dollar of revenue. On growth, Orchid Island Capital, Inc. posted the faster year-over-year revenue change (372.6% vs 40.8%). Over the past eight quarters, Orchid Island Capital, Inc.'s revenue compounded faster (301.6% CAGR vs 39.3%).

Biodesix Inc is a molecular diagnostics enterprise specializing in developing and commercializing innovative blood-based testing solutions for oncology and infectious disease fields. It primarily serves healthcare providers, biopharmaceutical partners and patients across North America, with core business covering personalized medicine products that support clinical decision making.

Orchid Island Capital, Inc. is a U.S.-based specialty finance company operating as a real estate investment trust. It primarily invests in residential mortgage-backed securities, including agency and non-agency products, targeting consistent risk-adjusted returns for its investors across U.S. fixed income markets.

BDSX vs ORC — Head-to-Head

Bigger by revenue
ORC
ORC
1.3× larger
ORC
$38.5M
$28.8M
BDSX
Growing faster (revenue YoY)
ORC
ORC
+331.8% gap
ORC
372.6%
40.8%
BDSX
Higher net margin
ORC
ORC
282.6% more per $
ORC
268.7%
-13.8%
BDSX
Faster 2-yr revenue CAGR
ORC
ORC
Annualised
ORC
301.6%
39.3%
BDSX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BDSX
BDSX
ORC
ORC
Revenue
$28.8M
$38.5M
Net Profit
$-4.0M
$103.4M
Gross Margin
Operating Margin
-6.8%
Net Margin
-13.8%
268.7%
Revenue YoY
40.8%
372.6%
Net Profit YoY
51.8%
1764.9%
EPS (diluted)
$-3.35

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
BDSX
BDSX
ORC
ORC
Q4 25
$28.8M
$38.5M
Q3 25
$21.8M
$26.9M
Q2 25
$20.0M
$23.2M
Q1 25
$18.0M
$19.7M
Q4 24
$20.4M
Q3 24
$18.2M
$340.0K
Q2 24
$17.9M
$-697.0K
Q1 24
$14.8M
$-2.5M
Net Profit
BDSX
BDSX
ORC
ORC
Q4 25
$-4.0M
$103.4M
Q3 25
$-8.7M
$72.1M
Q2 25
$-11.5M
$-33.6M
Q1 25
$-11.1M
$17.1M
Q4 24
$-8.3M
Q3 24
$-10.3M
$17.3M
Q2 24
$-10.8M
$-5.0M
Q1 24
$-13.6M
$19.8M
Operating Margin
BDSX
BDSX
ORC
ORC
Q4 25
-6.8%
Q3 25
-32.4%
Q2 25
-48.6%
Q1 25
-50.9%
Q4 24
-32.5%
Q3 24
-47.3%
Q2 24
-46.0%
Q1 24
-74.4%
Net Margin
BDSX
BDSX
ORC
ORC
Q4 25
-13.8%
268.7%
Q3 25
-40.0%
267.8%
Q2 25
-57.3%
-145.0%
Q1 25
-61.8%
86.9%
Q4 24
-40.4%
Q3 24
-56.5%
5094.1%
Q2 24
-60.3%
714.3%
Q1 24
-91.9%
-794.2%
EPS (diluted)
BDSX
BDSX
ORC
ORC
Q4 25
$-3.35
Q3 25
$-1.16
Q2 25
$-0.08
Q1 25
$-0.08
Q4 24
$-5.02
Q3 24
$-1.40
Q2 24
$-0.08
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
BDSX
BDSX
ORC
ORC
Cash + ST InvestmentsLiquidity on hand
$19.0M
$665.9M
Total DebtLower is stronger
$50.0M
Stockholders' EquityBook value
$-2.5M
$1.4B
Total Assets
$87.5M
$11.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDSX
BDSX
ORC
ORC
Q4 25
$19.0M
$665.9M
Q3 25
$16.6M
$583.9M
Q2 25
$20.7M
$440.8M
Q1 25
$17.6M
$396.4M
Q4 24
$26.2M
Q3 24
$31.4M
$322.1M
Q2 24
$42.2M
$241.0M
Q1 24
$11.5M
$190.4M
Total Debt
BDSX
BDSX
ORC
ORC
Q4 25
$50.0M
Q3 25
$50.0M
Q2 25
$50.0M
Q1 25
$40.0M
Q4 24
$40.0M
Q3 24
$40.0M
Q2 24
$40.1M
Q1 24
$40.1M
Stockholders' Equity
BDSX
BDSX
ORC
ORC
Q4 25
$-2.5M
$1.4B
Q3 25
$-1.7M
$1.1B
Q2 25
$1.1M
$912.0M
Q1 25
$11.1M
$855.9M
Q4 24
$20.9M
Q3 24
$27.9M
$656.0M
Q2 24
$36.3M
$555.9M
Q1 24
$-5.5M
$481.6M
Total Assets
BDSX
BDSX
ORC
ORC
Q4 25
$87.5M
$11.7B
Q3 25
$88.7M
$9.1B
Q2 25
$87.7M
$7.6B
Q1 25
$86.2M
$7.3B
Q4 24
$97.2M
Q3 24
$102.7M
$5.9B
Q2 24
$115.8M
$4.9B
Q1 24
$87.2M
$4.2B
Debt / Equity
BDSX
BDSX
ORC
ORC
Q4 25
Q3 25
Q2 25
43.95×
Q1 25
3.62×
Q4 24
1.92×
Q3 24
1.44×
Q2 24
1.10×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BDSX
BDSX
ORC
ORC
Operating Cash FlowLast quarter
$778.0K
$120.4M
Free Cash FlowOCF − Capex
$692.0K
FCF MarginFCF / Revenue
2.4%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters
$-23.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDSX
BDSX
ORC
ORC
Q4 25
$778.0K
$120.4M
Q3 25
$-8.9M
$28.0M
Q2 25
$-6.6M
$18.4M
Q1 25
$-8.6M
$25.8M
Q4 24
$-4.1M
Q3 24
$-10.7M
$-14.8M
Q2 24
$-18.6M
$19.3M
Q1 24
$-15.3M
$45.0M
Free Cash Flow
BDSX
BDSX
ORC
ORC
Q4 25
$692.0K
Q3 25
$-8.9M
Q2 25
$-6.6M
Q1 25
$-8.7M
Q4 24
$-4.9M
Q3 24
$-10.9M
Q2 24
$-20.5M
Q1 24
$-15.5M
FCF Margin
BDSX
BDSX
ORC
ORC
Q4 25
2.4%
Q3 25
-41.0%
Q2 25
-33.1%
Q1 25
-48.3%
Q4 24
-24.2%
Q3 24
-60.1%
Q2 24
-114.3%
Q1 24
-104.9%
Capex Intensity
BDSX
BDSX
ORC
ORC
Q4 25
0.3%
Q3 25
0.2%
Q2 25
0.3%
Q1 25
0.4%
Q4 24
4.1%
Q3 24
1.3%
Q2 24
10.7%
Q1 24
1.6%
Cash Conversion
BDSX
BDSX
ORC
ORC
Q4 25
1.16×
Q3 25
0.39×
Q2 25
Q1 25
1.51×
Q4 24
Q3 24
-0.86×
Q2 24
Q1 24
2.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDSX
BDSX

Diagnostic Tests$25.1M87%
Development Services$3.6M13%

ORC
ORC

Segment breakdown not available.

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