MDxHealth (MDXH) Gross Margin (2021 - 2026)
MDxHealth (MDXH) posted Gross Margin of 60.67% for Q1 2026, down 4.08% sequentially from 63.25% in Q4 2025, and down 316.0% YoY from 28.09% in Q1 2025.
MDxHealth (MDXH) Gross Margin (2021 - 2026) Analysis & Trends
MDxHealth has reported Gross Margin for 5 years, with the latest figure at 60.67% in Q1 2026.
- Quarterly Gross Margin fell 316.0% year-over-year to 60.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.77% (down 622.0% YoY) and the FY2025 annual result came in at 64.55%, up 332.0% from the prior year.
- Gross Margin slipped to 60.67% in Q1 2026 per MDXH's latest filing, from 63.25% in the prior quarter.
- Over five years, Gross Margin peaked at 65.32% in Q4 2023 and troughed at 34.51% in Q2 2025.
- A 5-year average of 59.53% and a median of 60.82% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 928 bps in 2023, then sank 2544 bps in 2025.
- Over 5 years, Gross Margin stood at 56.04% in 2022, then gained by 17 bps to 65.32% in 2023, then fell by 4 bps to 62.72% in 2024, then gained by 1 bps to 63.25% in 2025, then retreated by 4 bps to 60.67% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 60.67%, 63.25%, and 65.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 57.64% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 64.58% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 32.85% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 64.04% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 63.29% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 29.80% |
| 10 | MDxHealth | 36.03 Mn | 15.62 Mn | 17.89 Mn | 65.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 65.75% |
| Mar 31, 2026 | 60.67% |
| Dec 31, 2025 | 63.25% |
| Sep 30, 2025 | 65.04% |
| Jun 30, 2025 | 67.88% |
| 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% |
| Sep 30, 2021 | 46.62% |