Biocardia, Inc. is a US-listed company in the biotechnology industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders2 buying, 0 selling34 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
- Funds10 adding, 8 cuttingOf 2 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Biocardia, Inc.'s trailing-twelve-month revenue fell 100.0% year on year, with a free-cash-flow margin of -266000.0%.
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 32% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Biocardia, Inc.'s latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 11 November; the share price can move sharply on the day.
- Revenue shrinking. Revenue fell 100.0% over the last 12 months.
- Loss-making. Operating margin is -281733.3%: costs exceed revenue.
- Margins narrowing. Operating margin is down 279509.2 points on a year ago.
- Burning cash. Free cash flow was -266000.0% of revenue over the last 12 months.
- Heavy stock-based pay. Stock pay equals 23566.7% of revenue: a real cost that cash-flow figures leave out.
Latest results: FY2025 Q4
- Earnings per share
- -$0.13 against an average estimate of -$0.19: beat by 31.6%
- Share reaction
- 0.0% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Price chart
- 1 day+4.7%
- 1 week0.0%
- 1 month-13.5%
- This year-28.0%
- 1 year-35.7%
- 5 years-97.9%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Profitability
- Revenue (TTM)
- $0
- Operating margin
- -281733.3%
- Net margin
- -279700.0%
Growth
- Revenue growth
- −100.0%
- Change in growth rate
- +0.0 pts
Earnings
- Last results
- August 12, 2026
- Next results (est.)
- November 11, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- AnnouncementSEC 8-KRead source ↗
- Announcement
Biocardia, Inc. disclosed a material event
SEC 8-KRead source ↗ - Announcement
Biocardia, Inc. disclosed a material event
SEC 8-KRead source ↗ - Announcement
Biocardia, Inc. disclosed a material event
SEC 8-KRead source ↗ - Announcement
Biocardia, Inc. disclosed a material event
SEC 8-KRead source ↗ - Announcement
Biocardia, Inc. disclosed a material event
SEC 8-KRead source ↗ - Announcement
Biocardia, Inc. made a public disclosure
SEC 8-KRead source ↗ - Results
Biocardia, Inc. reported results
SEC 8-KRead source ↗
No model value for Biocardia, Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
Moat
Weak moat
How hard Biocardia's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 0 / 20
Net income has been a median -163.9% of total assets over 10 years.
- Pricing power 9 / 20
Gross margin has been a median 49.6%, moving by 53.8 percentage points (standard deviation) across 5 years.
- Durability 10 / 20
Operating margin has been a median -2327.4%; its worst year was -281733.3%.
- Cash conversion 0 / 20
Free cash flow was positive in 0 of 9 years, at a median -1889.1% of revenue.
- Discipline 10 / 20
The diluted share count fell 99.1% over five years; stock-based pay has been a median 355.3% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (29 before it).
Forecasts and guidance
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.71 | +42% | — | 0% |
| Next | −$0.58 | +18% | — | 0% |
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is 0.0% on 90 days ago. In the last 30 days, 1 analyst raised Biocardia, Inc.'s forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | −$0.71 | −$0.56 |
| 60 days ago | −$0.76 | −$0.60 |
| 30 days ago | −$0.76 | −$0.60 |
| 7 days ago | −$0.76 | −$0.60 |
| Now | −$0.71 | −$0.58 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.19 | −$0.13 | +31.6% |
| Mar 2026 | −$0.17 | −$0.21 | −23.5% |
| Dec 2025 | −$0.20 | −$0.06 | +70.0% |
| Sept 2025 | −$0.25 | −$0.24 | +4.0% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 5.1% of tradable shares
- Days to cover
- 2.11 at average volume
- Short interest, 1 month
- −21% to October 15, 2026
- Held by institutions
- 15% of shares
- Held by insiders
- 17.9% of shares
- Employees
- 17 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| BCDA | −44% | +8% | −68% | −78% | −43% | −28% |
| Industry peers (median) | −35% | −57% | −17% | −28% | −5% | −26% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| BCDA | 33% | 42% | 42% | 33% | 50% | 36% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| BCDA | −67% | −55% | −87% | −82% | −65% | −46% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 100% from January 4, 2017 to July 29, 2026. Getting back needed a 248160% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $0.77 – $1.47
- From 52-week high
- −38.8%
- vs 50-day average
- −14.1%
- vs 200-day average
- −16.2%
- Volatility (1 year)
- 67%
- Beta vs S&P 500
- 0.48
Share price after results
- Next day
- 3 up, 9 down typical move ±5.5%
- After a week
- 6 up, 6 down typical move ±21.9%
- After a month
- 5 up, 7 down typical move ±19.8%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 12, 2026 | 0.0% | +0.9% | +6.5% | +16.1% |
| May 15, 2026 | −17.4% | −1.3% | −11.9% | −20.2% |
| March 24, 2026 | 0.0% | +0.2% | +0.8% | −2.5% |
| November 12, 2025 | −5.3% | −1.6% | −0.8% | +9.0% |
| August 11, 2025 | −2.8% | +0.9% | +5.0% | +18.4% |
| May 14, 2025 | −15.3% | +0.6% | −31.4% | −20.4% |
| March 26, 2025 | +1.9% | −1.5% | −13.7% | −25.1% |
| November 13, 2024 | −15.8% | −0.6% | −17.1% | −13.3% |
| August 13, 2024 | +2.4% | +2.0% | +31.6% | +11.9% |
| May 14, 2024 | +2.6% | +1.7% | +5.1% | −37.6% |
| March 27, 2024 | −2.4% | +0.8% | −7.1% | −9.5% |
| November 8, 2023 | 0.0% | −0.7% | +131.7% | +53.7% |
Fundamentals
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | Revenue (TTM) |
|---|---|
| FY23 Q1 | $1.4M |
| FY23 Q2 | $425K |
| FY23 Q3 | $570K |
| FY23 Q4 | $477K |
| FY24 Q1 | $468K |
| FY24 Q2 | $428K |
| FY24 Q3 | $71K |
| FY24 Q4 | $58K |
| FY25 Q1 | $3K |
| FY25 Q2 | $0 |
| FY25 Q3 | $0 |
| FY25 Q4 | $0 |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q1 | 31.8% |
| FY23 Q2 | -78.0% |
| FY23 Q3 | -57.0% |
| FY23 Q4 | -64.7% |
| FY24 Q1 | -65.5% |
| FY24 Q2 | 0.7% |
| FY24 Q3 | -87.5% |
| FY24 Q4 | -87.8% |
| FY25 Q1 | -99.4% |
| FY25 Q2 | -100.0% |
| FY25 Q3 | -100.0% |
| FY25 Q4 | -100.0% |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | Operating margin (TTM) |
|---|---|
| FY22 Q2 | -620.1% |
| FY22 Q3 | -931.6% |
| FY22 Q4 | -880.3% |
| FY23 Q1 | -891.2% |
| FY23 Q2 | -3068.2% |
| FY23 Q3 | -2206.7% |
| FY23 Q4 | -2441.1% |
| FY24 Q1 | -2224.1% |
| FY24 Q2 | -2010.7% |
| FY24 Q3 | -10935.2% |
| FY24 Q4 | -13794.8% |
| FY25 Q1 | -281733.3% |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | FCF margin (TTM) |
|---|---|
| FY22 Q2 | -583.8% |
| FY22 Q3 | -803.6% |
| FY22 Q4 | -786.3% |
| FY23 Q1 | -756.6% |
| FY23 Q2 | -2527.5% |
| FY23 Q3 | -1953.3% |
| FY23 Q4 | -2093.5% |
| FY24 Q1 | -1911.5% |
| FY24 Q2 | -1660.7% |
| FY24 Q3 | -10294.4% |
| FY24 Q4 | -13606.9% |
| FY25 Q1 | -266000.0% |
Financial statements
| Fiscal year | 2010 Dec 2010 | 2011 Dec 2011 | 2015 Dec 2015 | 2016 Dec 2016 | 2017 Dec 2017 | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||||||
| Revenue | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 |
| Gross profit | 0 | 0 | — | −0 | −0 | 0 | 0 | 0 | 1 | — | — | — | — |
| EBITDA | 0 | −1 | −5 | −8 | −12 | −14 | −14 | −15 | −13 | −12 | −12 | −8 | −8 |
| Operating income | −1 | −1 | −5 | −8 | −12 | −14 | −14 | −16 | −13 | −12 | −12 | −8 | −8 |
| Net income | −12 | 10 | −7 | −10 | −12 | −14 | −15 | −15 | −13 | −12 | −12 | −8 | −8 |
| Diluted EPS | −$9.00 | $0.48 | −$51.48 | −$18.45 | −$21.75 | −$24.60 | −$1.30 | −$0.74 | −$0.38 | — | — | — | — |
| Growth (year on year) | |||||||||||||
| Revenue | — | — | +>999% | −36.3% | −16.8% | +30.5% | +13.6% | −79.6% | +600.0% | +33.2% | −64.7% | −87.8% | −100.0% |
| EBITDA | — | −260.9% | — | — | — | — | — | — | — | — | — | — | — |
| Net income | — | — | −169.3% | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | <−999% | — | — | — | — | — | — | — | — | — | — |
| Margins | |||||||||||||
| Gross margin | — | 100.0% | — | −29.5% | −44.1% | 17.3% | 49.6% | 97.2% | 100.0% | — | — | — | — |
| EBITDA margin | — | <−999% | −593.1% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | −874.2% | <−999% | <−999% | — |
| Operating margin | — | <−999% | −598.3% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | −880.3% | <−999% | <−999% | — |
| Net margin | — | >999% | −740.8% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | −880.7% | <−999% | <−999% | — |
| Free-cash-flow margin | — | <−999% | −790.7% | — | <−999% | <−999% | <−999% | <−999% | <−999% | −786.3% | <−999% | <−999% | — |
| Cash flow | |||||||||||||
| Cash from operations | −4 | −3 | −7 | −6 | −9 | −11 | −9 | −12 | −10 | −11 | −10 | −8 | −7 |
| Capital spending | 1 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −5 | −3 | −7 | — | −9 | −11 | −10 | −12 | −10 | −11 | −10 | −8 | −7 |
| Stock-based pay | 0 | 0 | 0 | 1 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 0 |
| Free cash flow after stock pay | −5 | −3 | −7 | — | −12 | −14 | −12 | −15 | −12 | −12 | −11 | −9 | −8 |
| Balance sheet | |||||||||||||
| Cash | 0 | 13 | 4 | 21 | 13 | 5 | 6 | 21 | 13 | 7 | 1 | 2 | 2 |
| Total debt | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | −0 | −13 | 2 | −21 | −13 | −5 | −6 | −21 | −13 | −7 | −1 | −2 | −2 |
| Diluted shares | 1m | 1m | 1m | — | — | — | — | 1m | 2m | 2m | 3m | 3m | 7m |
| Quarter | 2024 Q1 Mar 2024 | 2024 Q2 Jun 2024 | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 55 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | −2,256 | −1,632 | −1,740 | −2,306 | −2,714 | −2,046 | −1,484 | −2,010 |
| Operating income | −2,275 | −1,649 | −1,756 | −2,321 | −2,726 | −2,051 | −1,488 | −2,013 |
| Net income | −2,267 | −1,646 | −1,737 | −2,296 | −2,712 | −2,049 | −1,483 | −1,984 |
| Diluted EPS | — | — | — | — | −$0.59 | −$0.40 | — | — |
| Growth (year on year) | ||||||||
| Revenue | −14.1% | −93.0% | −100.0% | −100.0% | −100.0% | −100.0% | — | — |
| Margins | ||||||||
| EBITDA margin | <−999% | <−999% | — | — | — | — | — | — |
| Operating margin | <−999% | <−999% | — | — | — | — | — | — |
| Net margin | <−999% | <−999% | — | — | — | — | — | — |
| Free-cash-flow margin | <−999% | <−999% | — | — | — | — | — | — |
| Cash flow | ||||||||
| Cash from operations | −1,530 | −1,312 | −2,611 | −2,433 | −1,618 | −1,649 | −1,672 | −2,497 |
| Capital spending | 0 | 3 | 2 | 1 | 0 | 1 | 0 | 6 |
| Free cash flow | −1,530 | −1,315 | −2,613 | −2,434 | −1,618 | −1,650 | −1,672 | −2,503 |
| Stock-based pay | 204 | 184 | 177 | 176 | 170 | 98 | 77 | 85 |
| Free cash flow after stock pay | −1,734 | −1,499 | −2,790 | −2,610 | −1,788 | −1,748 | −1,749 | −2,588 |
Dividends, buybacks and capital spending
- R&D spending
- 155866.7%
- of revenue
- Sales & admin spending
- 125966.7%
- of revenue
Who owns it
Funds buying and selling- Reported value
- $1.6M
- Institutions reporting
- 21
- Shares held vs prior quarter
- ▲ 94.2%
- Positions opened / closed
- 6 / 5
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Citigroup Inc | $493,017 | 398K | 29.9% | New |
| Cm Management, LLC | $372,000 | 300K | 22.6% | ▲ 130.8% |
| Vanguard Capital Management LLC | $154,493 | 125K | 9.4% | 0.0% |
| Pingora Partners LLC | $149,274 | 120K | 9.1% | ▲ 236.8% |
| UBS Group AG | $96,248 | 78K | 5.8% | New |
| Geode Capital Management, LLC | $82,662 | 67K | 5.0% | ▼ 29.3% |
| Vanguard Fiduciary Trust Co | $82,175 | 66K | 5.0% | 0.0% |
| Susquehanna International Group, LLP | $48,123 | 39K | 2.9% | 0.0% |
| Brown Advisory Inc | $44,067 | 36K | 2.7% | 0.0% |
| Commonwealth Equity Services, LLC | $28,990 | 23K | 1.8% | ▲ 27.9% |
| Citadel Advisors LLC | $28,465 | 23K | 1.7% | ▼ 63.8% |
| Stonex Group Inc. | $24,825 | 20K | 1.5% | New |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Biocardia, Inc.'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Altman Peter President and CEO | October 16, 2026 | Buy | 300 | $0.95 | $285 |
| Altman Peter President and CEO | October 15, 2026 | Buy | 200 | $0.95 | $190 |
| Altman Peter President and CEO | September 29, 2026 | Buy | 1,000 | $1.03 | $1,030 |
| Altman Peter President and CEO | September 23, 2026 | Buy | 1,900 | $1.05 | $1,995 |
| Altman Peter President and CEO | September 3, 2026 | Buy | 800 | $1.09 | $872 |
| Altman Peter President and CEO | August 17, 2026 | Buy | 5,400 | $0.93 | $5,022 |
| Altman Peter President and CEO | August 13, 2026 | Buy | 1,900 | $0.92 | $1,748 |
| Altman Peter President and CEO | July 29, 2026 | Buy | 5,000 | $0.78 | $3,900 |
| Altman Peter President and CEO | July 17, 2026 | Buy | 500 | $0.83 | $415 |
| Altman Peter President and CEO | July 15, 2026 | Buy | 1,500 | $0.86 | $1,290 |
| Altman Peter President and CEO | July 14, 2026 | Buy | 2,800 | $0.88 | $2,464 |
| Altman Peter President and CEO | July 10, 2026 | Buy | 1,000 | $0.94 | $940 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 11, 2026 estimated from the company's past filing pattern, not announced
- August 12, 2026
- May 15, 2026
- March 24, 2026
- November 12, 2025
- August 11, 2025
- May 14, 2025
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Biocardia, Inc. in brief
- What does Biocardia, Inc. do?
- Biocardia, Inc. is a US-listed company in the biotechnology industry. Its financial year ends in December.
- What is Biocardia, Inc.'s stock ticker?
- Biocardia, Inc. trades under the ticker BCDA on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- What is Biocardia, Inc.'s revenue, and how fast is it growing?
- Over its most recent trailing twelve months, Biocardia, Inc. reported revenue of $0, 100.0% lower than a year earlier, according to its SEC filings.
- What is Biocardia, Inc.'s free cash flow?
- Biocardia, Inc.'s free-cash-flow margin is -266000.0% of revenue over the trailing twelve months.
- Who are Biocardia, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Citigroup Inc, Cm Management, LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- What is Biocardia, Inc.'s market cap?
- On December 31, 2025, Biocardia, Inc.'s market capitalisation was about $8.3M and net debt of -$2.5M. Market figures come from third-party market data and may be delayed.
- Are insiders buying or selling Biocardia, Inc. stock?
- Over the last 12 months, Biocardia, Inc.'s directors and officers reported 34 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
- When is Biocardia, Inc.'s next earnings date?
- Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Biocardia, Inc. announces its own schedule.
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