MDxHealth (MDXH) Gross Margin (2021 - 2026)
MDxHealth's (MDXH) quarterly Gross Margin came in at 60.67% in Q1 2026, down 316.0% year-on-year from 28.09% in Q1 2025, and down 4.08% quarter-over-quarter from 63.25% in Q4 2025.
MDxHealth (MDXH) Gross Margin (2021 - 2026) Analysis & Trends
MDxHealth has disclosed Gross Margin across 6 years of filings, most recently posting 60.67% for Q1 2026.
- Gross Margin for Q1 2026 came in at 60.67%, down 316.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.11% (down 6188.0% YoY), and the FY2025 annual result was 64.55%, up 332.0% from the prior year.
- Gross Margin came in at 60.67% for Q1 2026 at MDxHealth, down from 63.25% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.32% in Q4 2023 to a low of 0.03% in Q2 2025.
- The 5-year median for Gross Margin is 60.67% (2026), against an average of 55.98%.
- Across the five-year window, Gross Margin surged 1309 bps in 2023 and plunged 5993 bps in 2025, its largest moves.
- MDxHealth's Gross Margin stood at 56.04% in 2022, then increased by 17 bps to 65.32% in 2023, then dropped by 4 bps to 62.72% in 2024, then increased by 1 bps to 63.25% in 2025, then declined by 4 bps to 60.67% in 2026.
- The last three Gross Margin figures came in at 60.67% (Q1 2026), 63.25% (Q4 2025), and 65.16% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 53.95% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 99.91% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 58.68% |
| 10 | MDxHealth | 6,270.00 | -43.15 Mn | 16.61 Mn | 60.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.67% |
| Dec 31, 2025 | 63.25% |
| Sep 30, 2025 | 65.16% |
| Jun 30, 2025 | 0.03% |
| Mar 31, 2025 | 63.82% |
| Dec 31, 2024 | 62.72% |
| Sep 30, 2024 | 61.22% |
| Jun 30, 2024 | 59.96% |
| Mar 31, 2024 | 60.82% |
| Dec 31, 2023 | 65.32% |
| Sep 30, 2023 | 64.87% |
| Jun 30, 2023 | 59.66% |
| Mar 31, 2023 | 59.29% |
| Dec 31, 2022 | 56.04% |
| Sep 30, 2022 | 55.79% |
| Jun 30, 2022 | 46.57% |
| Mar 31, 2022 | 46.56% |
| Dec 31, 2021 | 46.35% |
| Sep 30, 2021 | 46.62% |