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

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $117.7M, roughly 1.0× CareDx, Inc.). MIMEDX GROUP, INC. runs the higher net margin — 12.9% vs 2.4%, a 10.5% gap on every dollar of revenue. On growth, CareDx, Inc. posted the faster year-over-year revenue change (39.0% vs 27.1%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 12.9%).

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.

MiMedx is an American biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin for skin grafts for medical use.

CDNA vs MDXG — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.0× larger
MDXG
$118.1M
$117.7M
CDNA
Growing faster (revenue YoY)
CDNA
CDNA
+11.9% gap
CDNA
39.0%
27.1%
MDXG
Higher net margin
MDXG
MDXG
10.5% more per $
MDXG
12.9%
2.4%
CDNA
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
12.9%
CDNA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CDNA
CDNA
MDXG
MDXG
Revenue
$117.7M
$118.1M
Net Profit
$2.8M
$15.2M
Gross Margin
83.9%
Operating Margin
17.8%
Net Margin
2.4%
12.9%
Revenue YoY
39.0%
27.1%
Net Profit YoY
104.2%
EPS (diluted)
$0.05
$0.10

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
CDNA
CDNA
MDXG
MDXG
Q1 26
$117.7M
Q4 25
$108.4M
$118.1M
Q3 25
$100.1M
$113.7M
Q2 25
$86.7M
$98.6M
Q1 25
$84.7M
$88.2M
Q4 24
$86.6M
$92.9M
Q3 24
$82.9M
$84.1M
Q2 24
$92.3M
$87.2M
Net Profit
CDNA
CDNA
MDXG
MDXG
Q1 26
$2.8M
Q4 25
$-4.1M
$15.2M
Q3 25
$1.7M
$16.7M
Q2 25
$-8.6M
$9.6M
Q1 25
$-10.4M
$7.0M
Q4 24
$87.7M
$7.4M
Q3 24
$-10.6M
$8.1M
Q2 24
$-4.6M
$17.6M
Gross Margin
CDNA
CDNA
MDXG
MDXG
Q1 26
Q4 25
83.9%
Q3 25
83.5%
Q2 25
81.1%
Q1 25
81.2%
Q4 24
81.8%
Q3 24
81.8%
Q2 24
83.0%
Operating Margin
CDNA
CDNA
MDXG
MDXG
Q1 26
Q4 25
-5.6%
17.8%
Q3 25
-0.2%
19.5%
Q2 25
-12.8%
12.5%
Q1 25
-15.8%
9.4%
Q4 24
97.5%
11.9%
Q3 24
-16.6%
13.3%
Q2 24
-7.9%
26.9%
Net Margin
CDNA
CDNA
MDXG
MDXG
Q1 26
2.4%
Q4 25
-3.8%
12.9%
Q3 25
1.7%
14.7%
Q2 25
-9.9%
9.8%
Q1 25
-12.2%
8.0%
Q4 24
101.3%
8.0%
Q3 24
-12.8%
9.6%
Q2 24
-5.0%
20.2%
EPS (diluted)
CDNA
CDNA
MDXG
MDXG
Q1 26
$0.05
Q4 25
$-0.08
$0.10
Q3 25
$0.03
$0.11
Q2 25
$-0.16
$0.06
Q1 25
$-0.19
$0.05
Q4 24
$1.60
$0.05
Q3 24
$-0.20
$0.05
Q2 24
$-0.09
$0.12

Balance Sheet & Financial Strength

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

Metric
CDNA
CDNA
MDXG
MDXG
Cash + ST InvestmentsLiquidity on hand
$77.9M
$166.1M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$256.5M
Total Assets
$411.1M
$342.7M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDNA
CDNA
MDXG
MDXG
Q1 26
$77.9M
Q4 25
$177.2M
$166.1M
Q3 25
$194.2M
$142.1M
Q2 25
$186.3M
$118.9M
Q1 25
$230.9M
$106.4M
Q4 24
$260.7M
$104.4M
Q3 24
$240.9M
$88.8M
Q2 24
$228.9M
$69.0M
Total Debt
CDNA
CDNA
MDXG
MDXG
Q1 26
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
$0
Q2 24
$0
Stockholders' Equity
CDNA
CDNA
MDXG
MDXG
Q1 26
Q4 25
$303.1M
$256.5M
Q3 25
$311.1M
$238.9M
Q2 25
$327.4M
$216.6M
Q1 25
$379.3M
$202.8M
Q4 24
$378.4M
$193.1M
Q3 24
$273.2M
$181.0M
Q2 24
$264.7M
$168.0M
Total Assets
CDNA
CDNA
MDXG
MDXG
Q1 26
$411.1M
Q4 25
$413.2M
$342.7M
Q3 25
$432.3M
$319.0M
Q2 25
$444.3M
$291.1M
Q1 25
$489.6M
$270.4M
Q4 24
$491.1M
$263.9M
Q3 24
$477.0M
$243.9M
Q2 24
$466.8M
$230.2M
Debt / Equity
CDNA
CDNA
MDXG
MDXG
Q1 26
Q4 25
0.07×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
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
CDNA
CDNA
MDXG
MDXG
Operating Cash FlowLast quarter
$4.3M
$25.0M
Free Cash FlowOCF − Capex
$514.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.54×
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDNA
CDNA
MDXG
MDXG
Q1 26
$4.3M
Q4 25
$21.4M
$25.0M
Q3 25
$37.4M
$29.3M
Q2 25
$9.9M
$14.4M
Q1 25
$-26.6M
$5.3M
Q4 24
$21.9M
$18.8M
Q3 24
$12.5M
$19.6M
Q2 24
$18.9M
$21.8M
Free Cash Flow
CDNA
CDNA
MDXG
MDXG
Q1 26
$514.0K
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
CDNA
CDNA
MDXG
MDXG
Q1 26
0.4%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
CDNA
CDNA
MDXG
MDXG
Q1 26
1.54×
Q4 25
1.64×
Q3 25
22.30×
1.75×
Q2 25
1.50×
Q1 25
0.75×
Q4 24
0.25×
2.53×
Q3 24
2.42×
Q2 24
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CDNA
CDNA

Testing services revenue$91.4M78%
Patient and digital solutions revenue$16.0M14%
Product revenue$10.3M9%

MDXG
MDXG

Wound$78.7M67%
Surgical$39.4M33%

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