VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemes
DCF ValuationCalculate intrinsic value of US stocks
Market ValuationBuffett indicator, CAPE & macro gauges
Total ReturnSee dividends + price return history
DCA CalculatorSimulate recurring buys & compounding
Earnings
FAANG & Tech
AAPL vs MSFTNVDA vs AMDGOOGL vs META
Cloud & Cyber
CRM vs NOWCRWD vs PANWSNOW vs DDOG
Consumer & Auto
TSLA vs FAMZN vs WMTNFLX vs DIS
Finance & Crypto
JPM vs BACV vs MACOIN vs MSTR
Pharma & Energy
LLY vs NVOJNJ vs PFEXOM vs CVX
Compare Any Stocks...
WatchlistInsider
ScreenerThemes
Earnings
WatchlistInsider
CODX
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist
CODXCo-Diagnostics, Inc.
$2.73$3M
Overview & Verdict
Overview
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Ownership
Holders

CODX logoCo-Diagnostics, Inc.(CODX)Earnings, Financials & Key Ratios

CODX•NASDAQ
$2.73
Price updated Jul 6, 2026
SectorHealthcareIndustryMedical DevicesSub-IndustryDevice suppliers, distribution, and services
AboutCo-Diagnostics, Inc., a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. It offers polymerase chain reaction (PCR) diagnostic tests for COVID-19, tuberculosis, hepatitis B and C, human papilloma virus, malaria, chikungunya, dengue, and the zika virus; three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; and molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. The company also provides tests that identify genetic traits in plant and animal genomes; and portable PCR device designed to bring PCR to patients in point-of-care and at-home settings. In addition, it intends to sell diagnostic equipment from other manufacturers as self-contained lab systems. The company was incorporated in 2013 and is headquartered in Salt Lake City, Utah.Show more
  • Revenue$622K-84.1%
  • EBITDA-$30M+22.0%
  • Net Income-$47M-24.6%
  • EPS (Diluted)-35.25+5.2%
  • Gross Margin64.28%-13.7%
  • EBITDA Margin-4847.72%-390.4%
  • Operating Margin-5025.53%-390.9%
  • Net Margin-7533.62%-683.6%
  • ROE-125.16%-133.3%

CODX Price & Volume

Co-Diagnostics, Inc. (CODX) stock price & volume — 10-year historical chart

Loading chart...

Persistent Revenue Contraction Threatens Corporate Liquidity Runway

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and regulatory exhaustion

Key Thesis Takeaways

  • Co-Diagnostics faces a critical inflection point as legacy pandemic-driven revenue has collapsed to $146,000 in 2026Q1, leaving the firm reliant on an unproven point-of-care hardware platform.
  • The company's persistent inability to achieve profitability, evidenced by a -62.6% net margin, suggests that current R&D spending of $5.9 million per quarter is unsustainable relative to its shrinking asset base.
  • Investors should monitor the rapid erosion of cash reserves, which have declined to $8.2 million, as the firm risks further dilutive financing to maintain operations.

Verdict Logic

the company's cash position has dwindled to $8.2 million against a quarterly net loss of $9.1 million, signaling a high probability of liquidity exhaustion in the near term.

CODX Growth Metrics

Co-Diagnostics, Inc. (CODX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years51.15%
5 Years-61.6%
3 Years-73.7%
TTM-79.47%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-35.25%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM5.59%

Return on Capital

10 Years-234.3%
5 Years-30.67%
3 Years-58.68%
Last Year-80.33%

CODX Recent Earnings

Co-Diagnostics, Inc. (CODX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (25%)
Q4 2025Latest
Nov 13, 2025
Metric
Actual
Est
EPS
$4.80+15.9%
$5.71
Rev
$145,380+15.4%
$126,000
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.23+8.0%
$0.25
Rev
$162,910-45.7%
$300,000
Q2 2025
May 8, 2025
Metric
Actual
Est
EPS
$0.24+27.3%
$0.33
Rev
$50,277-73.2%
$187,500
Q2 2025
Mar 27, 2025
Metric
Actual
Est
EPS
$0.36-5.9%
$0.34
Rev
$149,325-60.2%
$375,000
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025LatestNov 13, 2025
$4.80vs $5.71+15.9%
$145,380vs $126,000+15.4%
Q3 2025Aug 14, 2025
$0.23vs $0.25+8.0%
$162,910vs $300,000-45.7%
Q2 2025May 8, 2025
$0.24vs $0.33+27.3%
$50,277vs $187,500-73.2%
Q2 2025Mar 27, 2025
$0.36vs $0.34-5.9%
$149,325vs $375,000-60.2%
Based on last 12 quarters of dataView full earnings history →

Latest CODX News

Recent stock market news and headlines for Co-Diagnostics, Inc. (CODX)

PRNewsWire·6 days ago
Co-Diagnostics Completes Clinical and Analytical Studies in Preparation for FDA 510(k) Submission of Upper Respiratory Point-of-Care Test

More than 1,400 patients enrolled across 9 clinical sites; analytical performance testing included 27 individual studies and over 10,000 PCR test cup runs Analytical data to support concurrent 510(k) submission with CLIA Waiver by Application for point-of-care settings, with submission targeted for Q3 2026 SALT LAKE CITY, July 1, 2026 /PRNewswire/ -- Co-Diagnostics, Inc. (Nasdaq: CODX) ("Co-Dx" or "the Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, today announced the completion of clinical and analytical performance studies for the Co-Dx™ PCR Flu A/B & RSV upper respiratory multiplex test on the Co-Dx PCR Pro® instrument* that the Company currently expects to include in its planned submission package. Completion of these studies represents a significant milestone in preparation of a Dual 510(k) and CLIA Waiver by Application submission to the U.S. Food and Drug Administration ("FDA"), targeted for Q3 2026.

PRNewsWire·Jun 25, 2026
Co-Diagnostics Vector Smart® Division Expands Footprint to 21 States

Expansion coincides with Co-Dx webinar for prospective mosquito abatement district customers in honor of National Mosquito Control Awareness Week SALT LAKE CITY, June 25, 2026 /PRNewswire/ -- Co-Diagnostics, Inc. (Nasdaq: CODX) ("Co-Dx" or "the Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, today announced that its mosquito abatement district ("MAD") customer base for the Vector Smart® line of products and services have grown to include MADs in 21 states, with four new full laboratory installs added in June alone. The announcement coincides with Co-Dx hosting a webinar for prospective MAD customers in recognition of National Mosquito Control Awareness Week.

Peers Comparison

Key metrics vs top competitors for Co-Diagnostics, Inc. (CODX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CODX logoCODXCo-Diagnostics, Inc.Current
$2.73$3.05M-0.08-84.1%-7533.62%-125.16%—
QDEL logoQDELQuidelOrtho Corporation
$18.00$1.23B-1.08-1.89%-45.57%-56.31%—
FLGT logoFLGTFulgent Genetics, Inc.
$21.39$607.49M-10.8613.83%-23.04%-6.74%—
CLOV logoCLOVClover Health Investments, Corp.
$5.06$2.62B-29.7640.34%-2.58%-17.08%—
NVAX logoNVAXNovavax, Inc.
$9.35$1.54B3.6864.69%-14.73%——
HOLX logoHOLXHologic, Inc.
$76.01$16.97B30.531.74%13.18%11.01%—

Compare CODX vs Peers

Co-Diagnostics, Inc. (CODX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs QDEL

Most directly comparable listed peer for CODX.

Scale Benchmark

vs TMO

Larger-name benchmark to compare CODX against a more recognizable public peer.

Peer Set

Compare Top 5

vs QDEL, FLGT, CLOV, NVAX

CODX SEC Filings & Documents

Co-Diagnostics, Inc. (CODX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

May 14, 2026·SEC

Material company update

Mar 31, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 31, 2026·SEC

FY 2025

Mar 27, 2025·SEC

FY 2024

Mar 14, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 14, 2025·SEC

Get notified when CODX posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

CODX Frequently Asked Questions

Co-Diagnostics, Inc. (CODX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Co-Diagnostics, Inc.'s revenue?

Co-Diagnostics, Inc. (CODX) reported $0.7M in revenue for fiscal year 2025.

How fast is Co-Diagnostics, Inc. growing?

Co-Diagnostics, Inc. (CODX) saw revenue decline by 84.1% over the past year.

Is CODX profitable?

Co-Diagnostics, Inc. (CODX) reported a net loss of $48.5M for fiscal year 2025.

Dividend & Returns
What is CODX's return on equity?

Co-Diagnostics, Inc. (CODX) has a return on equity (ROE) of -125.2%. Negative ROE indicates the company is unprofitable.

What is Co-Diagnostics, Inc.'s free cash flow?

Co-Diagnostics, Inc. (CODX) had negative free cash flow of $29.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CODX back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →