MDxHealth (MDXH) Cost of Revenue (2021 - 2026)

MDxHealth's (MDXH) quarterly Cost of Revenue came in at $10.8 million in Q1 2026, up 22.58% year-on-year from $8.8 million in Q1 2025, and down 0.79% quarter-over-quarter from $10.9 million in Q4 2025.

MDxHealth (MDXH) Cost of Revenue (2021 - 2026) Analysis & Trends

MDxHealth has disclosed Cost of Revenue across 6 years of filings, most recently posting $10.8 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $10.8 million, up 22.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $40.2 million (up 11.97% YoY), and the FY2025 annual result was $38.2 million, up 9.55% from the prior year.
  • Cost of Revenue came in at $10.8 million for Q1 2026 at MDxHealth, down from $10.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $10.9 million in Q4 2025 to a low of -$3.3 million in Q2 2022.
  • The 5-year median for Cost of Revenue is $7.8 million (2024), against an average of $7.1 million.
  • Across the five-year window, Cost of Revenue soared 307.48% in 2023 and rose 1.86% in 2025, its largest moves.
  • MDxHealth's Cost of Revenue stood at $5.7 million in 2022, then advanced by 18.7% to $6.7 million in 2023, then soared by 37.09% to $9.2 million in 2024, then advanced by 17.74% to $10.9 million in 2025, then retreated by 0.79% to $10.8 million in 2026.
  • The last three Cost of Revenue figures came in at $10.8 million (Q1 2026), $10.9 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 30,010.71 Bn 30,010.25 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 179.46 Bn 176.21 Bn 7.74 Bn 3.26 Bn
3 Danaher 130.33 Bn 124.64 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 44.44 Bn 44.24 Bn 722.74 Mn 175.25 Mn
5 Agilent Technologies 37.27 Bn 35.46 Bn 990.00 Mn 845.00 Mn
6 Iqvia Holdings 30.70 Bn 28.73 Bn 1.36 Bn 2.80 Bn
7 Natera 30.59 Bn 29.49 Bn 696.04 Mn 608,000.00
8 Illumina 24.86 Bn 23.71 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 23.06 Bn 23.00 Bn 555.82 Mn 118.74 Mn
10 MDxHealth 5,974.10 -43.15 Mn 16.61 Mn 10.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.77 Mn
Mar 31, 2026 10.77 Mn
Dec 31, 2025 10.86 Mn
Dec 31, 2025 10.86 Mn
Sep 30, 2025 9.56 Mn
Sep 30, 2025 9.56 Mn
Jun 30, 2025 9.04 Mn
Jun 30, 2025 9.04 Mn
Mar 31, 2025 8.79 Mn
Mar 31, 2025 8.79 Mn
Dec 31, 2024 9.22 Mn
Dec 31, 2024 9.22 Mn
Sep 30, 2024 9.04 Mn
Sep 30, 2024 9.04 Mn
Jun 30, 2024 8.87 Mn
Jun 30, 2024 8.87 Mn
Mar 31, 2024 7.77 Mn
Mar 31, 2024 7.77 Mn
Dec 31, 2023 6.73 Mn
Dec 31, 2023 6.73 Mn