Exagen (XGN) FCF Margin (2018 - 2026)

Exagen (XGN) posted FCF Margin of 61.51% for Q1 2026, down 181.27% quarter-over-quarter from 21.87% in Q4 2025, and up 807.0% year-on-year from 6.78% in Q1 2025.

Exagen (XGN) FCF Margin (2018 - 2026) Analysis & Trends

Exagen (XGN) has reported FCF Margin for 9 consecutive years, with 61.51% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 61.51%, up 807.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.66% (up 658.0% YoY), and the FY2025 annual result was 21.43%, up 336.0% from the prior year.
  • FCF Margin was 61.51% for Q1 2026 at Exagen, down from 21.87% in the prior quarter.
  • Over five years, FCF Margin peaked at 65.42% in Q4 2023 and troughed at 172.23% in Q2 2022.
  • Average FCF Margin over 5 years is 43.21%, with a median of 47.83% recorded in 2022.
  • Year-over-year, FCF Margin sank 13702 bps in 2022 and jumped 11325 bps in 2023.
  • Over 5 years, FCF Margin stood at 47.83% in 2022, then surged by 237 bps to 65.42% in 2023, then slumped by 98 bps to 1.59% in 2024, then tumbled by 1476 bps to 21.87% in 2025, then sank by 181 bps to 61.51% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 61.51% in Q1 2026, 21.87% in Q4 2025, and 18.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 7.41%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 22.61%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 2.59%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 10.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 11.83%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 12.92%
10 Exagen 112.36 Mn 90.84 Mn 10.21 Mn -61.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 -61.51%
Dec 31, 2025 -21.87%
Sep 30, 2025 18.84%
Jun 30, 2025 -17.99%
Mar 31, 2025 -69.58%
Dec 31, 2024 1.59%
Sep 30, 2024 -18.57%
Jun 30, 2024 -17.01%
Mar 31, 2024 -63.31%
Dec 31, 2023 65.42%
Sep 30, 2023 -21.69%
Jun 30, 2023 -74.12%
Mar 31, 2023 -90.34%
Dec 31, 2022 -47.83%
Sep 30, 2022 -51.34%
Jun 30, 2022 -172.23%
Mar 31, 2022 -92.95%
Dec 31, 2021 -51.99%
Sep 30, 2021 -44.93%
Jun 30, 2021 -35.21%