MDxHealth (MDXH) Research & Development (2021 - 2026)
MDxHealth (MDXH) posted Research & Development of -$2.1 million for Q1 2026, up 34.88% sequentially from -$3.3 million in Q4 2025, and up 14.61% YoY from -$1.9 million in Q1 2025.
MDxHealth (MDXH) Research & Development (2021 - 2026) Analysis & Trends
MDxHealth (MDXH) has 6 years of Research & Development data on file, last reported at -$2.1 million in Q1 2026.
- Quarterly Research & Development rose 14.61% year-over-year to -$2.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.4 million (up 31.79% YoY) and the FY2025 annual result came in at $10.4 million, down 1.91% from the prior year.
- Research & Development climbed to -$2.1 million in Q1 2026 per MDXH's latest filing, from -$3.3 million in the prior quarter.
- The five-year high for Research & Development was -$8045.0 in Q2 2025, with the low at -$3.6 billion in Q2 2022.
- Average Research & Development over 5 years is -$212.6 million, with a median of -$2.1 million recorded in 2026.
- The widest YoY moves for Research & Development: up 99.95% in 2023, down 128.91% in 2023.
- MDxHealth's Research & Development stood at -$799000.0 in 2022, then tumbled by 128.91% to -$1.8 million in 2023, then sank by 52.43% to -$2.8 million in 2024, then slipped by 17.54% to -$3.3 million in 2025, then soared by 34.88% to -$2.1 million in 2026.
- Business Quant data shows MDXH's Research & Development at -$2.1 million in Q1 2026, -$3.3 million in Q4 2025, and -$2.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | MDxHealth | 111.80 Mn | 68.64 Mn | 16.61 Mn | -2.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.13 Mn |
| Dec 31, 2025 | -3.28 Mn |
| Sep 30, 2025 | -2.01 Mn |
| Jun 30, 2025 | -8,045.00 |
| Mar 31, 2025 | -2.50 Mn |
| Dec 31, 2024 | -2.79 Mn |
| Sep 30, 2024 | -2.70 Mn |
| Jun 30, 2024 | -2.90 Mn |
| Mar 31, 2024 | -2.16 Mn |
| Dec 31, 2023 | -1.83 Mn |
| Sep 30, 2023 | -1.56 Mn |
| Jun 30, 2023 | -1.67 Mn |
| Mar 31, 2023 | -1.32 Mn |
| Dec 31, 2022 | -799,000.00 |
| Sep 30, 2022 | -2.17 Mn |
| Jun 30, 2022 | -3.58 Bn |
| Mar 31, 2022 | -1.78 Mn |
| Dec 31, 2021 | -1.26 Mn |
| Sep 30, 2021 | -1.50 Mn |