MDxHealth (MDXH) Operating Expenses (2021 - 2026)
MDxHealth's (MDXH) quarterly Operating Expenses came in at -$23.9 million in Q1 2026, down 19.04% year-on-year from -$29.5 million in Q1 2025, and little changed quarter-over-quarter from -$23.9 million in Q4 2025.
MDxHealth (MDXH) Operating Expenses (2021 - 2026) Analysis & Trends
MDxHealth has disclosed Operating Expenses across 6 years of filings, most recently posting -$23.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$23.9 million, down 19.04% year-over-year; the trailing twelve-month figure through Mar 2026 was -$87.9 million (down 8.09% YoY), and the FY2025 annual result was -$84.0 million, down 5.23% from the prior year.
- Operating Expenses came in at -$23.9 million for Q1 2026 at MDxHealth, roughly flat from -$23.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$10.7 million in Q1 2022 to a low of -$23.9 million in Q4 2025.
- The 5-year median for Operating Expenses is -$19.0 million (2023), against an average of -$18.6 million.
- Across the five-year window, Operating Expenses sank 249.64% in 2022 and increased 5.9% in 2025, its largest moves.
- MDxHealth's Operating Expenses stood at -$16.2 million in 2022, then slipped by 17.35% to -$19.0 million in 2023, then declined by 6.05% to -$20.1 million in 2024, then fell by 19.0% to -$23.9 million in 2025, then advanced by 0.13% to -$23.9 million in 2026.
- The last three Operating Expenses figures came in at -$23.9 million (Q1 2026), -$23.9 million (Q4 2025), and -$20.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 316.87 Mn |
| 10 | MDxHealth | 6,270.00 | -43.15 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 |