NASDAQ$CODX

Co-Diagnostics Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Co-Diagnostics reported Q2 2026 revenue of $166,131 and a net loss of $6.3 million.

The company posted product revenue of $166,131 for the three months ended June 30, 2026, with a gross profit of $120,828. Operating expenses totaled $6.3 million, resulting in an operating loss of $6.2 million and a net loss of $6.3 million. Cash and cash equivalents stood at $3.6 million at quarter end.

  • Q2 product revenue reached $166,131, up slightly from $162,910 in the prior-year quarter.
  • Net loss narrowed to $6.3 million from $7.7 million year-over-year as operating expenses declined.
  • US revenue accounted for 63% of total revenue while Non-US revenue contributed 37%.
  • Cash position fell to $3.6 million amid continued cash burn from operations.

Headline financials

Total Revenue

$166K

Previous: $163K+2.0%
EPS (adj)

-$1.46

Previous: -$0.23-534.8%
Interest income, net

$17.5K

Previous: $12.2K+43.9%
Income tax provision

$19.2K

Previous: $12.3K+55.5%
Gain (loss) on remeasurement

-$29.2K

No prior period
Stock-based compensation

$214K

Previous: $580K-63.2%
Loss on equity method investment

-$52.2K

Previous: $13.8K-479.0%
Net Income

-$6.28M

Previous: -$7.73M+18.7%
Operating Income

-$6.2M

Previous: -$8.06M+23.0%
Gross Profit

$121K

Previous: $131K-7.6%
Cash & Equivalents

$3.65M

No prior period
Total Assets

$16.6M

No prior period

Revenue & EPS history

Co-Diagnostics · Revenue · Quarterly

$166K

Q2 2026+2%vs Q2 2025
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Co-Diagnostics · $146K total across 1 segment · Q1 2026

  • Product
    $146K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-5.3%

Avg return

Earnings day

-3.9%

Avg return

5 days after

+0.6%

Avg return

30 days after

34%

12 / 35 earnings

Positive

+21.0%

Q1 2022

Best reaction

-32.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+2.6%+24.4%+169.2%
Q3 2025-11.4%-8.1%-8.3%
Q2 2025+11.7%+6.4%+28.7%
Q1 2025-2.4%-2.8%-15.5%
Q4 2024-18.3%-8.7%-10.7%
Q3 2024-5.8%-3.3%-29.7%
Q2 2024+4.7%+9.3%+25.2%
Q1 2024-9.0%-8.2%+10.7%
Q4 2023-9.3%-6.8%+1.7%
Q3 2023-7.3%+9.8%-0.8%
Q2 2023-10.8%-6.9%-5.4%
Q1 2023+0.8%+4.9%-20.9%
Q4 2022-14.8%-34.4%-46.4%
Q3 2022+8.6%+9.7%-17.4%
Q2 2022-32.3%-37.9%-50.6%
Q1 2022+21.0%+33.8%+35.1%
Q4 2021-8.3%+4.0%-24.4%
Q3 2021+7.8%+13.1%-2.3%
Q2 2021+11.0%+15.6%+10.8%
Q1 2021+15.7%+20.4%+20.8%
Q4 2020-21.8%-31.1%-27.8%
Q3 2020-20.6%-26.0%-28.8%
Q2 2020-16.8%-21.2%-29.9%
Q1 2020-27.1%-19.5%-33.5%
Q4 2019-16.7%-10.4%+35.2%
Q3 2019-4.3%-3.9%+7.1%
Q2 2019-11.1%-8.1%-13.5%
Q1 2019-14.2%-20.3%-25.7%
Q4 2018+5.6%+0.0%-8.2%
Q3 2018+2.3%-9.3%-13.1%
Q2 2018-1.4%-4.5%-10.8%
Q1 2018-8.1%-7.0%+129.7%
Q4 2017-5.9%-11.3%-14.9%
Q3 2017-3.2%-6.8%-43.4%
Q2 2017+3.2%+9.4%+29.0%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015

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