MDxHealth (MDXH) Operating Expenses (2021 - 2026)
MDxHealth (MDXH) posted Operating Expenses of -$23.9 million for Q1 2026, little changed sequentially from -$23.9 million in Q4 2025, and down 19.04% YoY from -$29.5 million in Q1 2025.
MDxHealth (MDXH) Operating Expenses (2021 - 2026) Analysis & Trends
MDxHealth (MDXH) has 6 years of Operating Expenses data on file, last reported at -$23.9 million in Q1 2026.
- Quarterly Operating Expenses fell 19.04% year-over-year to -$23.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$87.9 million (down 8.09% YoY) and the FY2025 annual result came in at -$84.0 million, down 5.23% from the prior year.
- Operating Expenses held at -$23.9 million in Q1 2026 per MDXH's latest filing, from -$23.9 million in the prior quarter.
- The five-year high for Operating Expenses was -$10.7 million in Q1 2022, with the low at -$23.9 million in Q4 2025.
- Average Operating Expenses over 5 years is -$18.6 million, with a median of -$19.0 million recorded in 2023.
- Year-over-year, Operating Expenses tumbled 249.64% in 2022 and climbed 5.9% in 2025.
- MDxHealth's Operating Expenses stood at -$16.2 million in 2022, then fell by 17.35% to -$19.0 million in 2023, then decreased by 6.05% to -$20.1 million in 2024, then slipped by 19.0% to -$23.9 million in 2025, then increased by 0.13% to -$23.9 million in 2026.
- Business Quant data shows MDXH's Operating Expenses at -$23.9 million in Q1 2026, -$23.9 million in Q4 2025, and -$20.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | MDxHealth | 111.80 Mn | 68.64 Mn | 16.61 Mn | -23.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.92 Mn |
| Dec 31, 2025 | -23.95 Mn |
| Sep 30, 2025 | -20.52 Mn |
| Jun 30, 2025 | -19.48 Mn |
| Mar 31, 2025 | -20.09 Mn |
| Dec 31, 2024 | -20.13 Mn |
| Sep 30, 2024 | -20.37 Mn |
| Jun 30, 2024 | -20.70 Mn |
| Mar 31, 2024 | -18.67 Mn |
| Dec 31, 2023 | -18.98 Mn |
| Sep 30, 2023 | -17.11 Mn |
| Jun 30, 2023 | -17.73 Mn |
| Mar 31, 2023 | -17.43 Mn |
| Dec 31, 2022 | -16.17 Mn |
| Sep 30, 2022 | -18.15 Mn |
| Jun 30, 2022 | -12.10 Mn |
| Mar 31, 2022 | -10.70 Mn |
| Dec 31, 2021 | -4.63 Mn |
| Sep 30, 2021 | -5.32 Mn |