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| 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 |