MDxHealth (MDXH) Cost of Revenue (2021 - 2026)
MDxHealth (MDXH) posted Cost of Revenue of $10.8 million for Q1 2026, down 0.79% sequentially from $10.9 million in Q4 2025, and up 22.58% YoY from $8.8 million in Q1 2025.
MDxHealth (MDXH) Cost of Revenue (2021 - 2026) Analysis & Trends
MDxHealth has reported Cost of Revenue for 6 years, with the latest figure at $10.8 million in Q1 2026.
- Quarterly Cost of Revenue rose 22.58% year-over-year to $10.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $58.1 million (up 61.59% YoY) and the FY2025 annual result came in at $38.2 million, up 9.55% from the prior year.
- Cost of Revenue retreated to $10.8 million in Q1 2026 per MDXH's latest filing, from $10.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $27.4 million in Q3 2025 and troughed at -$3.3 million in Q2 2022.
- A 5-year average of $8.2 million and a median of $7.8 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue surged 307.48% in 2023, then advanced 1.86% in 2025.
- Over 5 years, Cost of Revenue stood at $5.7 million in 2022, then grew by 18.7% to $6.7 million in 2023, then surged by 37.09% to $9.2 million in 2024, then grew by 17.74% to $10.9 million in 2025, then slipped by 0.79% to $10.8 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $10.8 million, $10.9 million, and $27.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 437.50 Mn |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 845.00 Mn |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 2.93 Bn |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | 608,000.00 |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 389.00 Mn |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 253.28 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.02 Bn |
| 10 | MDxHealth | 21.74 Mn | -21.41 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 | 27.38 Mn |
| Sep 30, 2025 | 27.38 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 |