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Cardio Diagnostics Holdings (CDIO) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Cardio Diagnostics Holdings (CDIO) Q3 2026 earnings results →

Q3 2026 Revenue up 26% year over year to $4K

Cardio Diagnostics Holdings made $4K in Q3 2026 (+26% Y/Y). Operating margin n/m, net loss $1.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.

Revenue$4K
Year over year+26%
Operating marginn/m
Net earnings−$1.7M
Operating cash flow−$1.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $4K in Q3 2026, up 26% year over year and down 33% from the previous quarter.

Operating costs exceeded revenue by $1.7M, an operating margin of -48193.8%. Total costs grew 1% against revenue growth of 26%. The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.5M loss.

Operating cash flow was −$1.5M. Non-cash charges added back $6K of depreciation and amortization and $24K of share-based compensation. Working capital and other items added $186K.

Quarterly history

Cardio Diagnostics Holdings revenue by quarterCardio Diagnostics Holdings revenue by quarter$1KQ1 2025$7KQ2 2025$3KQ3 2025$4KQ4 2025$3KQ1 2026$5KQ2 2026$4KQ3 2026
Cardio Diagnostics Holdings net earnings by quarterCardio Diagnostics Holdings net earnings by quarter−$1.6MQ1 2025−$1.7MQ2 2025−$1.7MQ3 2025−$1.5MQ4 2025−$1.8MQ1 2026−$1.5MQ2 2026−$1.7MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 6, 2026$4K+26%n/m−$1.7M−$1.5M
Q2 202610-QAug 7, 2026$5K-28%n/m−$1.5M−$1.3M
Q1 202610-QMay 15, 2026$3K+185%n/m−$1.8M−$1.6M
Q4 202510-KMar 13, 2026$4K-21%n/m−$1.5M−$1.4M
Q3 202510-QNov 12, 2025$3K-57%n/m−$1.7M−$1.4M
Q2 202510-QAug 14, 2025$7K-5%n/m−$1.7M−$1.6M
Q1 202510-QMay 15, 2025$1K-94%n/m−$1.6M−$1.4M

Charts

Cardio Diagnostics Holdings: revenue growth, year over year and quarter over quarterCardio Diagnostics Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q-94%Q1 2025-5%+400%Q2 2025-57%-62%Q3 2025-21%+25%Q4 2025+185%-25%Q1 2026-28%+100%Q2 2026+26%-33%Q3 2026
Latest (Q3 2026): Y/Y +26%, Q/Q -33%.
Cardio Diagnostics Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Cardio Diagnostics Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow−$5.8MShares issued$4.0MCash drawn (+) / kept (−)$2.4MOther financing−$337KOther investing−$248KCapital spending−$2K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Cardio Diagnostics Holdings: profit against cash, quarter by quarterCardio Diagnostics Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow−$1.5M−$1.4MQ4 2024−$1.6M−$1.4MQ1 2025−$1.7M−$1.6MQ2 2025−$1.7M−$1.4MQ3 2025−$1.5M−$1.4MQ4 2025−$1.8M−$1.6MQ1 2026−$1.5M−$1.3MQ2 2026−$1.7M−$1.5MQ3 2026
Latest (Q3 2026): Net income −$1.7M, Operating cash flow −$1.5M.
Cardio Diagnostics Holdings: diluted shares by fiscal year (split-adjusted)Cardio Diagnostics Holdings: diluted shares by fiscal year (split-adjusted)28MFY202125MFY202225MFY20232MFY20242MFY2025
-93.7% since FY2021: buybacks shrank the count; earlier years scaled for the 2-for-1 split before FY2025, 4-for-1 split before FY2023, 3-for-1 split before FY2022.
Cardio Diagnostics Holdings in its industry: growth against margin (15 companies, SIC 2835)Cardio Diagnostics Holdings in its industry: growth against margin (15 companies, SIC 2835)revenue growth, year over year →↑ operating marginmedian -2%median -90%IDXXQDELLNTHNEOGMYGNTKNOICCCNTLAAWHLBMRAIonetix CorpVNRXIMDXCLDXCDIO (+26%, -100%)
In Vitro & In Vivo Diagnostic Substances; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Cardio Diagnostics Holdings

The following (a) consolidated balance sheet as of December 31, 2025, which has been derived from audited financial statements, and (b) the unaudited condensed consolidated interim financial statements of the Company as of June 30, 2026 and for the six and three months ended June 30, 2026 and 2025 have been prepared in accordance with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six and three months ended June 30, 2026 are not necessarily indicative of results that may be expected for the year ending December 31, 2026 or any future periods.

In its own words, from its 10-Q, filed Aug 7, 2026.

Cardio Diagnostics Holdings against its In Vitro & In Vivo Diagnostic Substances peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +26% against the peers' median +6%.

CompanyQuarterRevenueY/YOp. margin
CDIO Cardio Diagnostics HoldingsQ3 2026$4K+26%n/m
IDXX Idexx LaboratoriesQ3 2026$1.2B+10%33.1%
QDEL QuidelOrthoQ3 2026$619M-12%-1.2%
LNTH Lantheus HoldingsQ3 2026$390M+2%8.3%
NEOG NeogenQ1 FY27$223M+6%-0.8%
MYGN Myriad GeneticsQ3 2026$203M-2%-19.7%
TKNO Alpha TeknovaQ3 2026$12.7M+22%-25.2%
ICCC ImmucellQ2 2026$7.2M+12%26.9%
NTLA Intellia TherapeuticsQ3 2026$7.2M-48%n/m

Source: Cardio Diagnostics Holdings 10-Q on SEC EDGAR · CIK 1870144 · In Vitro & In Vivo Diagnostic Substances

Guidance and outlook

Cardio Diagnostics Holdings: what its forward-looking statements are about (10-Q filed 2026-11-06)Cardio Diagnostics Holdings: what its forward-looking statements are about (10-Q filed 2026-11-06)Other11Demand4Costs4Financing3Margins3Legal & regulation1
26 statements; tone +0.27 (−1 all cautious, +1 all confident); 6 hedged.
Cardio Diagnostics Holdings: outlook statements against the filing beforeCardio Diagnostics Holdings: outlook statements against the filing beforeConfident9Cautious2

13F: who owns CDIO and who is buying

Largest holders of CDIO (13F)Largest holders of CDIO (13F)Renaissance Technologies LLC$108KBlackRock$76KVanguard Group$65KGeode Capital Management, LLC$57KVanguard Capital Management LLC$44KCitadel Advisors LLC$42KXTX Topco$35KJane Street Group, LLC$26KState Street$22KVanguard Fiduciary Trust$6K
Funds' net buying of CDIO by quarter (13F)Funds' net buying of CDIO by quarter (13F)$328K2025-06$91K2025-09$39K2025-12−$35K2026-03−$46K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CDIO

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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