Biocept Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Biocept Inc (BIOC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Biocept Inc vs Its Competitors
- Growth: Biocept Inc generated -94.5% revenue growth year over year in Q2 2023, vs 1.9% for its competitors combined.
- Profitability: Its -616.5% net margin compares with 57.3% for the peer group.
- Peer revenue share: Biocept Inc accounted for 0.0% of combined revenue among its tracked peer group, down from 0.2% a year earlier.
- Peer differentiation: Revenue per employee of $-0.19M compares with $0.24M for the peer group (-0.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
BIOC Sales vs. its Competitors, Q2 2023
Biocept Inc reported revenue contraction of 94.45 % year on year in Q2 2023, below its competitors' combined revenue growth of 1.87 %.
With a net margin of -616.47 %, Biocept Inc reported lower profitability than its competitors (57.34 %).
Biocept Inc generated 0.01 % of the combined sales of its peer group, down from 0.15 % a year earlier.
API endpoints for this dataset
Biocept Inc vs. its Competitors, Q2 2023
Revenue growth, year on year
Net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Biocept Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Biocept Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Biocept Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Biocept Inc's competitor groups requires a Commercial License.
For context: the Medical Laboratories industry grew revenue 9.0% year over year, combined, vs -94.5% for Biocept Inc. Biocept Inc's share of combined industry revenue moved from 0.02% to 0.00%, a loss of 0.02 percentage points.
Biocept Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Biocept Inc | - | No | No | Yes |
| Competitors combined (20) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
BIOC Stock Performance relative to its Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Caredx Inc | 282.9% | Outperformed |
| 2 | Exact Sciences Corporation | 282.9% | Outperformed |
| 3 | Personalis Inc | 282.9% | Outperformed |
| 4 | Adaptive Biotechnologies Corporation | 282.9% | Outperformed |
| 5 | Guardant Health Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Biocept Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Biocept Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Biocept Inc |
0.45 | -8.02 |
 Natera Inc |
46,270.52 | 2,707.08 |
 Labcorp Holdings Inc |
30,381.31 | 14,594.50 |
 Quest Diagnostics Inc |
29,080.80 | 11,841.00 |
 Guardant Health Inc |
20,575.78 | 1,183.11 |
 Exact Sciences Corporation |
19,599.02 | 3,245.31 |
| SUBTOTAL | 174,928.07 | 37,235.25 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Biocept Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Biocept Inc's Competitors Named by the Company
Competitive relationships identified from Biocept Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Exact Sciences Corporation | Company report | 85% |
| Guardant Health Inc | Company report | 85% |
| Grail Inc | Company report | 85% |
| Myriad Genetics Inc | Company report | 85% |
| Neogenomics Inc | Company report | 85% |
| Volitionrx Limited | Company report | 85% |
| Natera Inc | Company report | 85% |
| Precipio inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Biocept Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Biocept Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Natera Inc | Reportable 100.00 % |
| Labcorp Holdings Inc | Diagnostics 77.40 % |
| Quest Diagnostics Inc | Diagnostic Information Services Business 98.00 % |
| Guardant Health Inc | Reportable 100.00 % |
| Grail Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Biocept Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Biocept Inc | 0 | -186,419 | -916,791 |
| Natera Inc | 46,271 | 440,892 | -31,327 |
| Labcorp Holdings Inc | 30,381 | 208,493 | 14,354 |
| Quest Diagnostics Inc | 29,081 | 207,737 | 20,456 |
| Guardant Health Inc | 20,576 | 472,109 | -180,940 |
| Exact Sciences Corporation | 19,599 | 450,738 | -28,882 |
| PEERS TOTAL | 174,928 | 242,059 | -6,651 |
Biocept Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Natera Inc | United States 98.02 % |
| Guardant Health Inc | United States 95.67 % |
| Exact Sciences Corporation | United States 93.11 % |
| Caredx Inc | United States 99.60 % |
| Fulgent Genetics Inc | Other countries 4.93 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Biocept Inc's Valuation vs Competitive Position
Valuation multiples vs the Medical Laboratories industry average (77 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Medical Laboratories industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 39.0x | - |
| EV / EBITDA | - | 21.1x | - |
| P/B | 0.2x | 4.4x | -4.2x |
| Return on Equity | -530.51 % | industry aggregate | -530.84 % |
| Return on Invested Capital | -133.80 % | -7.68 % (avg) | -126.12 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Biocept Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 357.15 % | - | 57.26 % | -35.87 % | 70.09 % | 396.72 % | 123.04 % | -65.26 % |
| Operating Margin | -2,690.70 % | -559.25 % | -417.76 % | -746.35 % | -417.05 % | -56.33 % | 25.13 % | - |
| Return on Invested Capital | -75.23 % | -3,652.26 % | -176.43 % | -190.56 % | -95.59 % | -30.53 % | 22.28 % | -67.09 % |
| P/E | - | - | - | - | - | 0.0x | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Biocept Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of -8.48 % vs industry average 7.44 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Biocept Inc's dedicated Suppliers and Customers pages, not here.
Biocept Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 530.8 points below the industry aggregate.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-24.2% annualized).
Methodology: see Methodology: SWOT Analysis.
Biocept Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Biocept Inc | 2.02 | 2.80 | - |
| Natera Inc | - | 3.14 | 0.05 |
| Labcorp Holdings Inc | 0.18 | 1.57 | 0.68 |
| Quest Diagnostics Inc | 0.28 | 1.35 | 0.74 |
| Guardant Health Inc | 2.56 | 4.29 | - |
| Exact Sciences Corporation | 1.22 | 2.68 | 0.95 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Biocept Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Biocept Inc | Q2 2023 | -94.4 % | - |
| Natera Inc | Q2 2026 | +37.7 % | - |
| Labcorp Holdings Inc | Q3 2026 | +6.9 % | +0.5 % |
| Quest Diagnostics Inc | Q3 2026 | +10.0 % | +20.5 % |
| Guardant Health Inc | Q2 2026 | +44.3 % | - |
| Exact Sciences Corporation | Q4 2025 | +23.1 % | - |
| PEERS TOTAL | +12.0 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Biocept Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Biocept Inc | Q2 2023 | -68.2 % | -55.3 % |
| Natera Inc | Q2 2026 | -99.3 % | +144.9 % |
| Labcorp Holdings Inc | Q3 2026 | +6.4 % | +56.1 % |
| Quest Diagnostics Inc | Q3 2026 | +10.1 % | +15.3 % |
| Guardant Health Inc | Q2 2026 | +42.8 % | +108.2 % |
| Exact Sciences Corporation | Q4 2025 | +19.5 % | - |
Biocept Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Biocept Inc | - | - | - |
| Natera Inc | - | - | - |
| Labcorp Holdings Inc | 5.36% | 6.07% | 11.55% |
| Quest Diagnostics Inc | 6.96% | 8.01% | 15.22% |
| Guardant Health Inc | - | - | - |
| Exact Sciences Corporation | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Biocept Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Biocept Inc | - | - |
| Natera Inc | - | 17.09 |
| Labcorp Holdings Inc | 30.57 | 2.08 |
| Quest Diagnostics Inc | 26.15 | 2.46 |
| Guardant Health Inc | - | 17.39 |
| Exact Sciences Corporation | - | 6.04 |
| PEERS AVERAGE | - | 4.70 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.