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 (MDXH) has 6 years of Gross Margin data on file, last reported 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 0.11% (down 6188.0% 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.
- The five-year high for Gross Margin was 65.32% in Q4 2023, with the low at 0.03% in Q2 2025.
- Average Gross Margin over 5 years is 55.98%, with a median of 60.67% recorded in 2026.
- Year-over-year, Gross Margin soared 1309 bps in 2023 and slumped 5993 bps in 2025.
- MDxHealth's Gross Margin stood at 56.04% in 2022, then advanced by 17 bps to 65.32% in 2023, then retreated by 4 bps to 62.72% in 2024, then advanced by 1 bps to 63.25% in 2025, then decreased by 4 bps to 60.67% in 2026.
- Business Quant data shows MDXH's Gross Margin at 60.67% in Q1 2026, 63.25% in Q4 2025, and 65.16% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | MDxHealth | 111.80 Mn | 68.64 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% |