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BDTX Stock Analysis - Black Diamond Therapeutics, Inc. AI Rating

BDTX Nasdaq Biological Products, (No Diagnostic Substances) CIK: 0001701541
Recently Updated • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
AI Rating
BUY
72% Confidence

📊 BDTX Key Takeaways

Revenue: $70.0M
Net Margin: 32.0%
Free Cash Flow: $29.6M
Current Ratio: 8.42x
Debt/Equity: 0.00x
EPS: $0.39
AI Rating: BUY with 72% confidence

Investment Thesis

Black Diamond Therapeutics demonstrates exceptional financial health with strong profitability (32% net margin, 19.9% ROE) and excellent cash generation ($29.6M operating cash flow on $70M revenue). The company's net income surge of 132% YoY and pristine balance sheet ($112.2M equity, zero debt, 8.42x current ratio) indicate solid operational execution and financial stability, though revenue scale remains modest for a biotech company.

BDTX Strengths

  • + Exceptional profitability with 32.0% net margin and 17.9% operating margin indicating strong pricing power or operational efficiency
  • + Outstanding cash flow generation with $29.6M free cash flow and 42.3% FCF margin, providing runway for R&D and clinical trials
  • + Fortress balance sheet with $112.2M stockholders equity, zero long-term debt, and $21M cash providing financial flexibility
  • + Strong year-over-year growth in net income (+132.1%) and EPS (+130.7%) demonstrating improving profitability trajectory
  • + Exceptional liquidity with 8.42x current ratio indicating robust short-term financial health

BDTX Risks

  • ! Limited revenue scale at $70M raises questions about competitive market position and market adoption for therapeutic products
  • ! Gross margin data unavailable limiting visibility into cost of goods and manufacturing efficiency critical for biotech
  • ! Modest revenue base creates vulnerability to product pipeline execution risk; single or few product dependence likely
  • ! Operating margin dependent on revenue mix; any revenue decline would significantly impact profitability given fixed cost structure
  • ! Biotech sector inherent risks including regulatory approvals, clinical trial outcomes, and competitive product introductions not reflected in historical metrics

Key Metrics to Watch

BDTX Financial Metrics

Revenue
$70.0M
Net Income
$22.4M
EPS (Diluted)
$0.39
Free Cash Flow
$29.6M
Total Assets
$143.0M
Cash Position
$21.0M

💡 AI Analyst Insight

The 42.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 8.42x current ratio provides a solid financial cushion.

BDTX Profitability Ratios

Gross Margin N/A
Operating Margin 17.9%
Net Margin 32.0%
ROE 19.9%
ROA 15.6%
FCF Margin 42.3%

BDTX vs Healthcare Sector

How Black Diamond Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
BDTX 32.0%
vs
Sector Avg 12.0%
BDTX Sector
ROE
BDTX 19.9%
vs
Sector Avg 15.0%
BDTX Sector
Current Ratio
BDTX 8.4x
vs
Sector Avg 2.0x
BDTX Sector
Debt/Equity
BDTX 0.0x
vs
Sector Avg 0.6x
BDTX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BDTX Balance Sheet & Liquidity

Current Ratio
8.42x
Quick Ratio
8.42x
Debt/Equity
0.00x
Debt/Assets
21.5%
Interest Coverage
N/A
Long-term Debt
N/A

BDTX 5-Year Financial Trend

BDTX 5-year financial data: Year 2019: Revenue $0, Net Income N/A, EPS N/A. Year 2020: Revenue $0, Net Income N/A, EPS N/A. Year 2025: Revenue $70.0M, Net Income -$69.7M, EPS $-1.27.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Black Diamond Therapeutics, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.27 indicates the company is currently unprofitable.

BDTX Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
42.3%
Free cash flow / Revenue

BDTX Quarterly Performance

Quarterly financial performance data for Black Diamond Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 N/A -$8.5M $-0.15
Q2 2025 N/A -$10.6M $-0.19
Q1 2025 N/A -$18.2M $-0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BDTX Capital Allocation

Operating Cash Flow
$29.6M
Cash generated from operations
Dividends
None
No dividend program

BDTX SEC Filings

Access official SEC EDGAR filings for Black Diamond Therapeutics, Inc. (CIK: 0001701541)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 10-K bdtx-20251231.htm View →
Mar 16, 2026 8-K bdtx-20260316.htm View →
Jan 23, 2026 4 xslF345X05/form4-01232026_040111.xml View →
Jan 23, 2026 4 xslF345X05/form4-01232026_040109.xml View →
Jan 23, 2026 4 xslF345X05/form4-01232026_040106.xml View →

Frequently Asked Questions about BDTX

What is the AI rating for BDTX?

Black Diamond Therapeutics, Inc. (BDTX) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BDTX's key strengths?

Exceptional profitability with 32.0% net margin and 17.9% operating margin indicating strong pricing power or operational efficiency. Outstanding cash flow generation with $29.6M free cash flow and 42.3% FCF margin, providing runway for R&D and clinical trials.

What are the risks of investing in BDTX?

Limited revenue scale at $70M raises questions about competitive market position and market adoption for therapeutic products. Gross margin data unavailable limiting visibility into cost of goods and manufacturing efficiency critical for biotech.

What is BDTX's revenue and growth?

Black Diamond Therapeutics, Inc. reported revenue of $70.0M.

Does BDTX pay dividends?

Black Diamond Therapeutics, Inc. does not currently pay dividends.

Where can I find BDTX SEC filings?

Official SEC filings for Black Diamond Therapeutics, Inc. (CIK: 0001701541) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BDTX's EPS?

Black Diamond Therapeutics, Inc. has a diluted EPS of $0.39.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI