MDxHealth (MDXH) Operating Margin (2021 - 2026)
MDxHealth (MDXH) posted Operating Margin of 26.67% for Q1 2026, down 49.73% sequentially from 17.81% in Q4 2025, and down 778.0% YoY from 3.93% in Q1 2025.
MDxHealth (MDXH) Operating Margin (2021 - 2026) Analysis & Trends
MDxHealth (MDXH) has 6 years of Operating Margin data on file, last reported at 26.67% in Q1 2026.
- Quarterly Operating Margin fell 778.0% year-over-year to 26.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03% (up 2400.0% YoY) and the FY2025 annual result came in at 13.36%, up 1410.0% from the prior year.
- Operating Margin slipped to 26.67% in Q1 2026 per MDXH's latest filing, from 17.81% in the prior quarter.
- The five-year high for Operating Margin was 0.0% in Q2 2025, with the low at 128.59% in Q1 2022.
- Average Operating Margin over 5 years is 49.37%, with a median of 32.51% recorded in 2023.
- Year-over-year, Operating Margin jumped 8339 bps in 2023 and sank 778 bps in 2026.
- MDxHealth's Operating Margin stood at 69.41% in 2022, then surged by 53 bps to 32.51% in 2023, then soared by 43 bps to 18.63% in 2024, then grew by 4 bps to 17.81% in 2025, then sank by 50 bps to 26.67% in 2026.
- Business Quant data shows MDXH's Operating Margin at 26.67% in Q1 2026, 17.81% in Q4 2025, and 9.63% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 31.78% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -13.42% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 21.74% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 12.38% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 25.23% |
| 10 | MDxHealth | 111.80 Mn | 68.64 Mn | 16.61 Mn | -26.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.67% |
| Dec 31, 2025 | -17.81% |
| Sep 30, 2025 | -9.63% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | -18.89% |
| Dec 31, 2024 | -18.63% |
| Sep 30, 2024 | -26.13% |
| Jun 30, 2024 | -33.48% |
| Mar 31, 2024 | -33.30% |
| Dec 31, 2023 | -32.51% |
| Sep 30, 2023 | -23.57% |
| Jun 30, 2023 | -105.90% |
| Mar 31, 2023 | -59.30% |
| Dec 31, 2022 | -69.41% |
| Sep 30, 2022 | -106.96% |
| Jun 30, 2022 | -128.59% |
| Mar 31, 2022 | -128.59% |
| Dec 31, 2021 | -120.52% |
| Sep 30, 2021 | -130.14% |