Exagen (XGN) Gross Profit (2018 - 2026)
Exagen (XGN) reported Gross Profit of $12.22 million for Q2 2026, up 17.5% from $10.4 million a year earlier and up 19.7% from the prior quarter.
Exagen (XGN) Gross Profit (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Exagen's Gross Profit came in at $41.7 million, up 19.2% year-over-year; for FY2025, it came in at $38.8 million, up 17.2% from FY2024.
- Gross Profit has increased for three consecutive years, with a five-year compound annual growth rate of 8.8% (FY2020 to FY2025).
- By year, Gross Profit came in at $33.11 million in FY2024 (+12.4%), $29.46 million in FY2023 (+38.0%), $21.35 million in FY2022 (-23.0%) and $27.71 million in FY2021 (+9.0%).
- The Q2 2026 figure ranks as the highest quarterly Gross Profit in data going back to Q3 2018.
- Year over year, Gross Profit has now increased in each of the last seven quarters, with growth averaging 12.2% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q2 2023 (growth of 443.3%); the low point was Q2 2022 (a decline of 79.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $10.21 million (Q1 2026), $9.21 million (Q4 2025) and $10.08 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | Exagen | 196.69 Mn | 82.66 Mn | 12.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.22 Mn |
| Mar 31, 2026 | 10.21 Mn |
| Dec 31, 2025 | 9.21 Mn |
| Sep 30, 2025 | 10.08 Mn |
| Jun 30, 2025 | 10.40 Mn |
| Mar 31, 2025 | 9.12 Mn |
| Dec 31, 2024 | 8.48 Mn |
| Sep 30, 2024 | 6.98 Mn |
| Jun 30, 2024 | 9.06 Mn |
| Mar 31, 2024 | 8.60 Mn |
| Dec 31, 2023 | 8.15 Mn |
| Sep 30, 2023 | 7.71 Mn |
| Jun 30, 2023 | 8.30 Mn |
| Mar 31, 2023 | 5.30 Mn |
| Dec 31, 2022 | 6.53 Mn |
| Sep 30, 2022 | 8.72 Mn |
| Jun 30, 2022 | 1.53 Mn |
| Mar 31, 2022 | 4.58 Mn |
| Dec 31, 2021 | 7.75 Mn |
| Sep 30, 2021 | 6.76 Mn |
Exagen Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=XGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "XGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=XGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();