Exagen (XGN) Cost of Revenue (2018 - 2026)
Exagen (XGN) reported Cost of Revenue of $7.1 million for Q1 2026, up 11.39% on a YoY basis from $6.4 million in Q1 2025, and down 4.36% quarter-over-quarter from $7.4 million in Q4 2025.
Exagen (XGN) Cost of Revenue (2018 - 2026) Analysis & Trends
Exagen has reported Cost of Revenue for 9 years, with the latest figure at $7.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 11.39% year-over-year to $7.1 million; the trailing twelve-month figure through Mar 2026 stood at $28.5 million (up 23.45% YoY), and the FY2025 full-year result was $27.8 million, up 23.29% from the prior year.
- Cost of Revenue for Q1 2026 stood at $7.1 million, down from $7.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $7.4 million in Q4 2025, with the low at $5.2 million in Q4 2024.
- Historically, Cost of Revenue has averaged $6.2 million across 5 years, with a median of $6.0 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue fell 10.92% — and 2025, when it surged 43.4%.
- Exagen's Cost of Revenue stood at $6.3 million in 2022, then dropped by 10.92% to $5.6 million in 2023, then slipped by 7.86% to $5.2 million in 2024, then surged by 43.4% to $7.4 million in 2025, then fell by 4.36% to $7.1 million in 2026.
- The last three Cost of Revenue figures came in at $7.1 million (Q1 2026), $7.4 million (Q4 2025), and $7.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,010.71 Bn | 30,010.25 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 179.46 Bn | 176.21 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 130.33 Bn | 124.64 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 44.44 Bn | 44.24 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Agilent Technologies | 37.27 Bn | 35.46 Bn | 990.00 Mn | 845.00 Mn |
| 6 | Iqvia Holdings | 30.70 Bn | 28.73 Bn | 1.36 Bn | 2.80 Bn |
| 7 | Natera | 30.59 Bn | 29.49 Bn | 696.04 Mn | 608,000.00 |
| 8 | Illumina | 24.86 Bn | 23.71 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 23.06 Bn | 23.00 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Exagen | 100.67 Mn | 79.16 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 |