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Co-Diagnostics (CODX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Co-Diagnostics (CODX) reported revenue of $166K for the second quarter 2026 (Q2 2026), +2% from a year earlier and +14% from the quarter before.

Revenue$166K
Year over year+2%
Quarter over quarter+14%
Operating margin—
Net earnings−$6.3M

Co-Diagnostics, Q2 2026: revenue $166K (+2% year over year), net loss $6.3M, operating cash flow −$7.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$166K+14%+2%
Operating profit−$6.2M——
Net earnings−$6.3M——
Operating cash flow−$7.2M——

What changed

Revenue was $166K in Q2 2026, up 2% year over year and up 14% from the previous quarter.

Gross margin was 72.7%, down 7.6 points from Q2 2025. Operating costs exceeded revenue by $6.2M, an operating margin of -3732.5%. Operating expenses fell 23% while revenue rose 2%. The quarter ended with a net loss of $6.3M, narrower than the previous quarter's $9.1M loss.

Operating cash flow was −$7.2M. Non-cash charges added back $202K of depreciation and amortization and $214K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $18K exceeded it, leaving free cash flow of −$7.2M.

Questions

What was Co-Diagnostics' revenue in the second quarter 2026?

Co-Diagnostics (CODX) reported revenue of $166K for the second quarter 2026 (Q2 2026), +2% from a year earlier and +14% from the quarter before.

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Source: Co-Diagnostics 10-Q on SEC EDGAR.