MDxHealth (MDXH) Research & Development (2021 - 2026)

MDxHealth's (MDXH) quarterly Research & Development came in at -$2.1 million in Q1 2026, up 14.61% year-on-year from -$1.9 million in Q1 2025, and up 34.88% quarter-over-quarter from -$3.3 million in Q4 2025.

MDxHealth (MDXH) Research & Development (2021 - 2026) Analysis & Trends

MDxHealth has disclosed Research & Development across 6 years of filings, most recently posting -$2.1 million for Q1 2026.

  • Research & Development for Q1 2026 came in at -$2.1 million, up 14.61% year-over-year; the trailing twelve-month figure through Mar 2026 was -$7.4 million (up 31.79% YoY), and the FY2025 annual result was $10.4 million, down 1.91% from the prior year.
  • Research & Development came in at -$2.1 million for Q1 2026 at MDxHealth, up from -$3.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$8045.0 in Q2 2025 to a low of -$3.6 billion in Q2 2022.
  • The 5-year median for Research & Development is -$2.1 million (2026), against an average of -$212.6 million.
  • Peak annual rise in Research & Development reached 99.95% in 2023, while the deepest fall reached 128.91% in 2023.
  • MDxHealth's Research & Development stood at -$799000.0 in 2022, then slumped by 128.91% to -$1.8 million in 2023, then plunged by 52.43% to -$2.8 million in 2024, then fell by 17.54% to -$3.3 million in 2025, then soared by 34.88% to -$2.1 million in 2026.
  • The last three Research & Development figures came in at -$2.1 million (Q1 2026), -$3.3 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 336.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 65.79 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 126.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 210.70 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 51.28 Mn
10 MDxHealth 6,021.40 -43.15 Mn 16.61 Mn -2.13 Mn

Historic Data

Download Data
DateValue
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