MDxHealth (MDXH) Gross Margin (2022 - 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 (2022 - 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 | 213.88 Bn | 209.81 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 57.64% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 64.04% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 32.85% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | 99.91% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 63.29% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 33.75% |
| 10 | MDxHealth | 21.81 Mn | -21.34 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 | 65.04% |
| Jun 30, 2025 | 34.51% |
| 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% |