MDxHealth (MDXH) Net Margin (2021 - 2026)
MDxHealth's Net Margin was -63.02% in the quarter ended Sep 30, 2026, down 20.64 percentage points from the prior quarter.
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Analysis
MDxHealth (MDXH) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, MDxHealth's Net Margin was -40.84% through Sep 30, 2026; for the year ended Dec 31, 2025, it came in at -31.07%, up 11.20 percentage points from the prior year.
- Net Margin has now increased for six consecutive years, with a five-year change of +124.19 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was -42.28% in the year ended Dec 31, 2024 (+19.13 pp), -61.40% in the year ended Dec 31, 2023 (+57.46 pp), -118.86% in the year ended Dec 31, 2022 (+11.55 pp) and -130.41% in the year ended Dec 31, 2021 (+24.85 pp).
- The figure for the quarter ended Sep 30, 2026 marks the lowest quarterly Net Margin since the quarter ended Jun 30, 2023.
- Compared with a year earlier, Net Margin was higher in three of the last four quarters, with an average year-over-year change of +8.89 percentage points.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Jun 30, 2023 (a gain of 79.00 percentage points); the worst was the quarter ended Jun 30, 2022 (a drop of 22.48 percentage points).
- Per Business Quant data, MDXH's Net Margin in the three quarters before the quarter ended Sep 30, 2026 was -42.38% (quarter ended Jun 30, 2026), -32.38% (quarter ended Mar 31, 2026) and -30.22% (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 7.96% |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | -7.55% |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 10.07% |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | -34.45% |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 2.38% |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 9.31% |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | -3.61% |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 6.23% |
| 10 | MDxHealth | 7.19 Mn | -122.28 Mn | 14.04 Mn | -63.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -63.02% |
| Jun 30, 2026 | -42.38% |
| Mar 31, 2026 | -32.38% |
| Dec 31, 2025 | -30.22% |
| Sep 30, 2025 | -29.20% |
| Jun 30, 2025 | -31.51% |
| Mar 31, 2025 | -37.91% |
| Dec 31, 2024 | -27.65% |
| Sep 30, 2024 | -47.99% |
| Jun 30, 2024 | -52.02% |
| Mar 31, 2024 | -42.91% |
| Dec 31, 2023 | -55.26% |
| Sep 30, 2023 | -51.91% |
| Jun 30, 2023 | -63.46% |
| Mar 31, 2023 | -79.65% |
| Dec 31, 2022 | -96.49% |
| Sep 30, 2022 | -121.05% |
| Jun 30, 2022 | -142.46% |
| Mar 31, 2022 | -135.44% |
| Dec 31, 2021 | -134.41% |
API Access
MDxHealth Net 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=net-margin&ticker=MDXH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MDXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();