Exagen (XGN) Net Margin (2018 - 2026)
Exagen (XGN) reported Net Margin of 22.92% for Q1 2026, up 129.0% on a YoY basis from 10.01% in Q1 2025, and up 18.42% quarter-over-quarter from 28.1% in Q4 2025.
Exagen (XGN) Net Margin (2018 - 2026) Analysis & Trends
Exagen has reported Net Margin for 9 years, with the latest figure at 22.92% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 129.0% year-over-year to 22.92%; the trailing twelve-month figure through Mar 2026 stood at 29.49% (down 215.0% YoY), and the FY2025 full-year result was 29.97%, down 280.0% from the prior year.
- Net Margin for Q1 2026 stood at 22.92%, up from 28.1% in the prior quarter.
- The five-year high for Net Margin was 19.69% in Q2 2024, with the low at 192.87% in Q2 2022.
- Historically, Net Margin has averaged 53.19% across 5 years, with a median of 40.2% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 14269 bps — and 2023, when it soared 15741 bps.
- Exagen's Net Margin stood at 117.76% in 2022, then soared by 66 bps to 40.25% in 2023, then jumped by 32 bps to 27.54% in 2024, then dropped by 2 bps to 28.1% in 2025, then climbed by 18 bps to 22.92% in 2026.
- The last three Net Margin figures came in at 22.92% (Q1 2026), 28.1% (Q4 2025), and 41.1% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 18.47% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 3.40% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.22% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.89% |
| 10 | Exagen | 101.38 Mn | 79.87 Mn | 10.21 Mn | -22.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.92% |
| Dec 31, 2025 | -28.10% |
| Sep 30, 2025 | -41.10% |
| Jun 30, 2025 | -25.81% |
| Mar 31, 2025 | -24.21% |
| Dec 31, 2024 | -27.54% |
| Sep 30, 2024 | -40.20% |
| Jun 30, 2024 | -19.69% |
| Mar 31, 2024 | -23.31% |
| Dec 31, 2023 | -40.25% |
| Sep 30, 2023 | -40.36% |
| Jun 30, 2023 | -35.46% |
| Mar 31, 2023 | -68.46% |
| Dec 31, 2022 | -117.76% |
| Sep 30, 2022 | -57.28% |
| Jun 30, 2022 | -192.87% |
| Mar 31, 2022 | -98.83% |
| Dec 31, 2021 | -55.58% |
| Sep 30, 2021 | -58.60% |
| Jun 30, 2021 | -50.19% |