Co-Diagnostics, Inc. ($CODX) reported second-quarter 2026 revenue of $166,131, up 1.98% from a year earlier and slightly below the $169,830 estimate. Gross profit came in at $120,828, while operating loss widened to -$6.2 million and net loss attributable to common shareholders was -$6.3 million.
The company posted diluted earnings per share of -$1.46, better than the -$3.06 estimate. Cash used in operating activities totaled -$7.2 million, and cash and cash equivalents fell to $3.6 million. Total liabilities stood at $3.9 million.
- Revenue: $166,131
- Gross profit: $120,828
- Operating loss: -$6.2 million
- Net loss: -$6.3 million
- Diluted EPS: -$1.46
Cost of sales rose to $45,303, reflecting higher expense pressure even as revenue edged higher. The stock fell 3.53% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Co-Diagnostics, Inc. Hedge Fund Activity
We have seen 10 institutional investors add shares of Co-Diagnostics, Inc. stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 25,575 shares (+inf%) to their portfolio in Q2 2026, for an estimated $79,282
- RENAISSANCE TECHNOLOGIES LLC removed 24,344 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $45,279
- VIRTU FINANCIAL LLC added 17,612 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,597
- STATE STREET CORP added 14,800 shares (+inf%) to their portfolio in Q2 2026, for an estimated $45,880
- BLACKROCK, INC. removed 14,248 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $26,501
- UBS GROUP AG added 8,723 shares (+118.4%) to their portfolio in Q2 2026, for an estimated $27,041
- JANE STREET GROUP, LLC removed 8,031 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,937
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
