Exagen (XGN) Net Income (2018 - 2026)

Exagen (XGN) posted Net Income of -$4.0 million for Q1 2026, up 15.11% quarter-over-quarter from -$4.7 million in Q4 2025, and down 5.73% year-on-year from -$4.2 million in Q1 2025.

Exagen (XGN) Net Income (2018 - 2026) Analysis & Trends

Exagen (XGN) has reported Net Income for 9 consecutive years, with -$4.0 million the latest figure, recorded in Q1 2026.

  • Net Income for Q1 2026 came in at -$4.0 million, down 5.73% year-over-year; the trailing twelve-month figure through Mar 2026 was -$20.2 million (down 30.04% YoY), and the FY2025 annual result was -$20.0 million, down 31.99% from the prior year.
  • Net Income was -$4.0 million for Q1 2026 at Exagen, up from -$4.7 million in the prior quarter.
  • Over five years, Net Income peaked at -$3.0 million in Q2 2024 and troughed at -$15.1 million in Q4 2022.
  • Average Net Income over 5 years is -$6.5 million, with a median of -$5.0 million recorded in 2024.
  • Year-over-year, Net Income tumbled 128.86% in 2022 and jumped 65.83% in 2023.
  • Over 5 years, Net Income stood at -$15.1 million in 2022, then surged by 63.35% to -$5.5 million in 2023, then jumped by 32.11% to -$3.8 million in 2024, then dropped by 24.25% to -$4.7 million in 2025, then rose by 15.11% to -$4.0 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were -$4.0 million in Q1 2026, -$4.7 million in Q4 2025, and -$7.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -72.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 1.66 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 1.03 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 278.45 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -85.11 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 339.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 269.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 134.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 169.45 Mn
10 Exagen 112.36 Mn 90.84 Mn 10.21 Mn -3.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.97 Mn
Dec 31, 2025 -4.67 Mn
Sep 30, 2025 -7.09 Mn
Jun 30, 2025 -4.44 Mn
Mar 31, 2025 -3.75 Mn
Dec 31, 2024 -3.76 Mn
Sep 30, 2024 -5.03 Mn
Jun 30, 2024 -2.97 Mn
Mar 31, 2024 -3.36 Mn
Dec 31, 2023 -5.54 Mn
Sep 30, 2023 -5.42 Mn
Jun 30, 2023 -5.01 Mn
Mar 31, 2023 -7.69 Mn
Dec 31, 2022 -15.12 Mn
Sep 30, 2022 -8.44 Mn
Jun 30, 2022 -14.67 Mn
Mar 31, 2022 -10.27 Mn
Dec 31, 2021 -7.05 Mn
Sep 30, 2021 -7.18 Mn
Jun 30, 2021 -6.41 Mn