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 (MDXH) has 6 years of Cost of Revenue data on file, last reported 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 $40.2 million (up 11.97% 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.
  • The five-year high for Cost of Revenue was $10.9 million in Q4 2025, with the low at -$3.3 million in Q2 2022.
  • Average Cost of Revenue over 5 years is $7.1 million, with a median of $7.8 million recorded in 2024.
  • Year-over-year, Cost of Revenue jumped 307.48% in 2023 and grew 1.86% in 2025.
  • MDxHealth's Cost of Revenue stood at $5.7 million in 2022, then increased by 18.7% to $6.7 million in 2023, then soared by 37.09% to $9.2 million in 2024, then increased by 17.74% to $10.9 million in 2025, then dropped by 0.79% to $10.8 million in 2026.
  • Business Quant data shows MDXH's Cost of Revenue at $10.8 million in Q1 2026, $10.9 million in Q4 2025, and $9.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 MDxHealth 111.80 Mn 68.64 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