Exagen (XGN) Cost of Revenue (2018 - 2026)
Exagen (XGN) posted Cost of Revenue of $7.1 million for Q1 2026, down 4.36% quarter-over-quarter from $7.4 million in Q4 2025, and up 11.39% year-on-year from $6.4 million in Q1 2025.
Exagen (XGN) Cost of Revenue (2018 - 2026) Analysis & Trends
Exagen (XGN) has reported Cost of Revenue for 9 consecutive years, with $7.1 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $7.1 million, up 11.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.5 million (up 23.45% YoY), and the FY2025 annual result was $27.8 million, up 23.29% from the prior year.
- Cost of Revenue was $7.1 million for Q1 2026 at Exagen, down from $7.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $7.4 million in Q4 2025 and troughed at $5.2 million in Q4 2024.
- Average Cost of Revenue over 5 years is $6.2 million, with a median of $6.0 million recorded in 2024.
- Year-over-year, Cost of Revenue decreased 10.92% in 2023 and jumped 43.4% in 2025.
- Over 5 years, Cost of Revenue stood at $6.3 million in 2022, then retreated by 10.92% to $5.6 million in 2023, then fell by 7.86% to $5.2 million in 2024, then surged by 43.4% to $7.4 million in 2025, then slipped by 4.36% to $7.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $7.1 million in Q1 2026, $7.4 million in Q4 2025, and $7.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 608,000.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 845.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 2.80 Bn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Exagen | 112.36 Mn | 90.84 Mn | 10.21 Mn | 7.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.10 Mn |
| Mar 31, 2026 | 7.10 Mn |
| Dec 31, 2025 | 7.43 Mn |
| Dec 31, 2025 | 7.43 Mn |
| Sep 30, 2025 | 7.17 Mn |
| Sep 30, 2025 | 7.17 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Mar 31, 2025 | 6.38 Mn |
| Mar 31, 2025 | 6.38 Mn |
| Dec 31, 2024 | 5.18 Mn |
| Dec 31, 2024 | 5.18 Mn |
| Sep 30, 2024 | 5.53 Mn |
| Sep 30, 2024 | 5.53 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Mar 31, 2024 | 5.82 Mn |
| Mar 31, 2024 | 5.82 Mn |
| Dec 31, 2023 | 5.62 Mn |
| Dec 31, 2023 | 5.62 Mn |