Cardio Diagnostics Holdings, Inc. (CDIO) Stock

Cardio Diagnostics Holdings, Inc. (CDIO) is a Healthcare stock trading at $1.85 (as of 2026-09-02), with a market capitalization of $5.48M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Cardio Diagnostics Holdings, Inc. develops and commercializes epigenetics-based clinical tests for cardiovascular disease. Its Epi+Gen CHD test is designed to assess the risk of symptomatic coronary heart disease over a three-year period.

Understand Cardio Diagnostics Holdings, Inc.: how it makes money

Cardio Diagnostics develops epigenetics-based blood tests that estimate a patient's three-year risk of developing coronary heart disease, and sells those test kits to cardiology clinics and reference labs. The business is still pre-scale, so the number of test orders booked, not margin expansion, is what an investor should anchor on.

The entire profit model hinges on Epi+Gen CHD becoming an adopted standard-of-care screening test in cardiology before the operating burn outlasts the company's cash runway.

Business quality (Unprofitable): Unprofitable. The company reports near-zero revenue with an operating loss roughly 280 times the top line, indicating it is still in the development and commercialization investment phase.

Bear case

  • Burn dwarfs the top line: Operating margin sits at -27950%, meaning cash outlays are roughly 280 times the (near-zero) revenue line. At that ratio, every additional quarter of commercialization adds substantial cumulative loss before the test gains meaningful clinic adoption.
Valuation — source: SEC EDGAR (first-party)
Price$1.85
Market Cap$5.48M
Price / Book0.74
Price / Sales378.89
FCF Yield-108.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$14825.00
Net Margin-43832.5%
Revenue Growth (YoY)-28.3%
EPS Growth (YoY)-47.4%
FCF Growth (YoY)82.8%
Financial Health — source: SEC EDGAR
Altman Z-Score-3.08 (distress)
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.6
Industry P/E (Pharmaceutical Products)17.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderJANE STREET GROUP, LLC ($158502.00)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryPharmaceutical Products
CEOMeeshanthini V. Dogan
Employees13
CountryUS
IPO Date2022-01-14

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CDIO earnings history · CDIO institutional & insider holders · CDIO KPIs & operating metrics · CDIO financials · CDIO investor presentations & press releases · CDIO SEC filings · CDIO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.