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| Date | Value |
|---|---|
| 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 |