CareDx (CDNA) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
CareDx reported revenue of $139 million for Q3 2026, up 39% from a year earlier (CareDx, Oct 29, 2026). Diluted EPS was $0.35, up 1067% from $0.03. Testing services revenue brought in $119 million, up 65%. Every figure is from CareDx's release. Walnut is informational, not investment advice.
CDNA Q3 2026 results
In one sentence
CareDx reported revenue of $139 million for Q3 2026, up 39% from a year earlier (CareDx, Oct 29, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $139 million | $100 million | up 39% |
| Diluted EPS (GAAP) | $0.35 | $0.03 | up 1067% |
| Diluted EPS (non-GAAP) | $0.70 | $0.28 | up 150% |
| Net income | $19.3 million | $1.7 million | up 1052% |
The quarter ended September 30, 2026 and CareDx published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. CareDx reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- CareDx sold its Lab Products business on June 30, 2026, so Q3 2026 has no product revenue. Q3 2025 included $12.5 million of it.
- CareDx acquired Naveris, Inc., maker of the NavDx test, on July 1, 2026. Q3 2026 Testing Services revenue includes $12 million of Specialty Oncology revenue that Q3 2025 did not have.
- Q2 2026 GAAP diluted EPS of $2.07 includes a $113.0 million gain on the sale of the Lab Products business.
Source: CareDx Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
CDNA revenue by segment
How CareDx splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Revenue by type | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Testing services revenue | $119 million | $72.2 million | up 65% |
| Product revenue | $0.0 million | $12.5 million | down 100% |
| Patient and digital solutions revenue | $20.2 million | $15.4 million | up 31% |
- CareDx's Testing services revenue revenue was $119 million in Q3 2026, up 65% from $72.2 million in Q3 2025, 86% of total revenue.
- CareDx's Patient and digital solutions revenue revenue was $20.2 million in Q3 2026, up 31% from $15.4 million in Q3 2025, 14% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
CareDx's outlook for full year 2026
From the earnings release
In its Q3 2026 release, CareDx said:
“For the full year 2026, CareDx now expects revenue to be in the range of $520 million to $530 million, compared with its previously disclosed range of $490 million to $500 million.”
“The Company now expects full-year 2026 Adjusted EBITDA to be in the range of $90 million to $100 million, compared with its previously disclosed range of $66 million to $78 million.”
Source: CareDx Q3 2026 release, Oct 29, 2026.
This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the CDNA forecast page.
CDNA recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $139 million | $0.35 | Oct 29, 2026 |
Q2 2026 ended Jun 30, 2026 | $132 million | $2.07 | Jul 30, 2026 |
Q1 2026 ended Mar 31, 2026 | $118 million | $0.05 | Apr 28, 2026 |
Q4 2025 ended Dec 31, 2025 | $108 million | -$0.08 | Feb 24, 2026 |
Q3 2025 ended Sep 30, 2025 | $100 million | $0.03 | Nov 4, 2025 |
Total revenue and GAAP diluted EPS, each as first reported in that quarter's release.
When does CDNA report earnings next?
We do not hold a confirmed date for CareDx's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past CareDx quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 29, 2026
What CareDx's revenue is made of
CareDx earns most of its revenue from molecular tests for transplant patients, such as AlloSure and AlloMap, and now from the NavDx cancer test. Testing services revenue was $119.2 million of Q3 2026 total revenue of $139.4 million, up 65% from $72.2 million. Patient and digital solutions, mainly the CareDx Pharmacy and transplant software such as Ottr, added $20.2 million, up 31%. (CareDx Q3 2026 release, Oct 29, 2026; CareDx Form 10-Q, Q3 2026, Oct 29, 2026; CareDx Form 10-K, 2025, Feb 25, 2026)
Two deals change the comparison. CareDx sold its Lab Products business on June 30, 2026, removing $12.5 million of product revenue that was in Q3 2025, and bought Naveris, maker of NavDx, on July 1, 2026 for $160 million in cash and up to $100 million in contingent consideration. NavDx brought $12 million of Specialty Oncology revenue into the quarter. (CareDx Q3 2026 release, Oct 29, 2026)
Testing Services volume was about 75,900 tests, up 51%. The quarter also included $15 million of revenue for tests performed in earlier periods, against $6 million a year earlier. Excluding those catch-up amounts, CareDx said Testing Services revenue rose about 58%. (CareDx Q3 2026 release, Oct 29, 2026)
Medicare is CareDx's largest payer. About 31% of total revenue came from Medicare in Q3 2026, against 32% a year earlier, and 25% of accounts receivable was due from Medicare at September 30, 2026. In 2025 about 46% of testing services revenue came from Medicare. (CareDx Form 10-Q, Q3 2026, Oct 29, 2026; CareDx Form 10-K, 2025, Feb 25, 2026)
What CareDx's EPS includes
CareDx earned $19.3 million in Q3 2026, or $0.35 per diluted share, against $1.7 million, or $0.03, a year earlier. Income from operations was $8.1 million. Net income was higher than pretax income because of an $8.6 million income tax benefit, which CareDx said came primarily from releasing part of its valuation allowance in connection with the Naveris acquisition. (CareDx Q3 2026 release, Oct 29, 2026; CareDx Form 10-Q, Q3 2026, Oct 29, 2026)
Non-GAAP diluted EPS was $0.70, against $0.28. CareDx's non-GAAP figures add back stock-based compensation ($9.7 million), business development and portfolio optimization expense tied to the Lab Products sale and the Naveris deal ($5.5 million) and amortization of acquired intangibles ($3.9 million). The $8.6 million tax benefit is not removed, so it is in both the GAAP and non-GAAP figures. (CareDx Q3 2026 release, Oct 29, 2026)
Diluted weighted average shares were 54,984,989 against 53,736,790 a year earlier. Q2 2026 GAAP net income was $110.6 million because it included a $113.0 million gain on the sale of the Lab Products business. (CareDx Q3 2026 release, Oct 29, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at CareDx
CareDx gives full-year revenue and Adjusted EBITDA ranges in its release. With Q3 results it expects 2026 revenue of $520 million to $530 million, up from $490 million to $500 million, and Adjusted EBITDA of $90 million to $100 million, up from $66 million to $78 million. (CareDx Q3 2026 release, Oct 29, 2026)
CareDx said it is preparing a first-quarter 2027 commercial launch of AlloHeme and broader commercial availability of HistoMap Kidney in 2027, with both programs targeting CLIA readiness before year-end. (CareDx Q3 2026 release, Oct 29, 2026)
A consensus figure is the average of the models published by the analysts who cover CareDx, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at CareDx
The figures below are the ones CareDx's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Testing Services volume | About 75,900 tests, up 51% Includes NavDx CareDx Q3 2026 release, Oct 29, 2026 |
| Testing Services revenue | $119.2 million, up 65% Includes $15 million for tests performed in prior periods CareDx Q3 2026 release, Oct 29, 2026 |
| Adjusted EBITDA | $30.5 million, about 22% of revenue $15.3 million, about 15%, in Q3 2025 CareDx Q3 2026 release, Oct 29, 2026 |
| Medicare share of revenue | About 31% 32% in Q3 2025 CareDx Form 10-Q, Q3 2026, Oct 29, 2026 |
| Cash and cash equivalents | $250.5 million at September 30, 2026 CareDx Q3 2026 release, Oct 29, 2026 |
| 2026 revenue guidance | $520 million to $530 million Raised from $490 million to $500 million CareDx Q3 2026 release, Oct 29, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning CDNA is on is CDNA a buy or a sell?, what analysts expect next is on the CDNA forecast, and what the company does is on the CareDx (CDNA) stock page.
How to check CDNA's figures yourself
Every number on this page can be traced to a document CareDx published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about CareDx
Ask Walnut's AI anything about CDNA and see how it fits what you own.
FAQ
What was CareDx's revenue last quarter?
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CareDx reported revenue of $139 million for Q3 2026, the quarter ended September 30, 2026, against $100 million in Q3 2025 (up 39%). The figures come from CareDx's results release of October 29, 2026.
What guidance did CareDx give for full year 2026?
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In its Q3 2026 release, CareDx said: "For the full year 2026, CareDx now expects revenue to be in the range of $520 million to $530 million, compared with its previously disclosed range of $490 million to $500 million. The Company now expects full-year 2026 Adjusted EBITDA to be in the range of $90 million to $100 million, compared with its previously disclosed range of $66 million to $78 million." That is the company's own outlook as of Oct 29, 2026, and companies revise outlooks as the quarter goes on.
When does CDNA report earnings next?
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We do not hold a confirmed date for CareDx's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does CareDx's revenue come from?
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CareDx's Testing services revenue revenue was $119 million in Q3 2026, up 65% from $72.2 million in Q3 2025, 86% of total revenue. CareDx's Patient and digital solutions revenue revenue was $20.2 million in Q3 2026, up 31% from $15.4 million in Q3 2025, 14% of total revenue. These are the lines of CareDx's own "revenue by type" table for Q3 2026.
How much did CareDx's revenue grow last quarter?
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Up 39% on the year: $139 million in Q3 2026 against $100 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in CareDx's business do not distort it.
What is the difference between CareDx's GAAP and non-GAAP EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. CareDx's non-GAAP EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.35 and $0.70. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the CDNA numbers on this page come from?
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From CareDx's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from CareDx's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.