MDxHealth (MDXH) Gross Margin (2021 - 2026)
MDxHealth (MDXH) posted Gross Margin of 61.80% for the quarter ended Sep 30, 2026, down 3.94 percentage points from the prior quarter.
MDxHealth (MDXH) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at MDxHealth was 62.92%; for the year ended Dec 31, 2025, it was 64.55%, up 3.32 percentage points from the prior year.
- Annual Gross Margin shows a five-year change of +20.97 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, MDxHealth's Gross Margin was 61.23% in the year ended Dec 31, 2024 (-1.35 pp), 62.58% in the year ended Dec 31, 2023 (+10.72 pp), 51.87% in the year ended Dec 31, 2022 (+4.37 pp) and 47.50% in the year ended Dec 31, 2021 (+3.93 pp).
- Quarterly Gross Margin has run from a low of 42.43% in the quarter ended Jun 30, 2022 to a high of 65.75% in the quarter ended Jun 30, 2026 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last four quarters, with an average year-over-year change of -0.56 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Jun 30, 2023, with a gain of 17.23 percentage points; the weakest was the quarter ended Jun 30, 2022, with a drop of 5.45 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 65.75% (quarter ended Jun 30, 2026), 60.67% (quarter ended Mar 31, 2026) and 63.25% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 85.78% |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | 64.67% |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 29.08% |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 33.65% |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | 65.42% |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 12.31% |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 95.96% |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | 64.81% |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 31.50% |
| 10 | MDxHealth | 7.19 Mn | -122.28 Mn | 14.04 Mn | 61.80% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.80% |
| Jun 30, 2026 | 65.75% |
| Mar 31, 2026 | 60.67% |
| Dec 31, 2025 | 63.25% |
| Sep 30, 2025 | 65.16% |
| Jun 30, 2025 | 68.65% |
| 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 | 42.43% |
| Mar 31, 2022 | 46.56% |
| Dec 31, 2021 | 46.35% |
MDxHealth Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MDXH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDXH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MDXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();