Exagen (XGN) Net Margin (2018 - 2026)
Exagen (XGN) posted Net Margin of 22.92% for Q1 2026, up 18.42% quarter-over-quarter from 28.1% in Q4 2025, and up 129.0% year-on-year from 10.01% in Q1 2025.
Exagen (XGN) Net Margin (2018 - 2026) Analysis & Trends
Exagen (XGN) has reported Net Margin for 9 consecutive years, with 22.92% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 22.92%, up 129.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.49% (down 215.0% YoY), and the FY2025 annual result was 29.97%, down 280.0% from the prior year.
- Net Margin was 22.92% for Q1 2026 at Exagen, up from 28.1% in the prior quarter.
- Over five years, Net Margin peaked at 19.69% in Q2 2024 and troughed at 192.87% in Q2 2022.
- Average Net Margin over 5 years is 53.19%, with a median of 40.2% recorded in 2024.
- Year-over-year, Net Margin sank 14269 bps in 2022 and surged 15741 bps in 2023.
- Over 5 years, 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 retreated by 2 bps to 28.1% in 2025, then rose by 18 bps to 22.92% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 22.92% in Q1 2026, 28.1% in Q4 2025, and 41.1% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 24.41% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -12.22% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 18.47% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 3.40% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 17.89% |
| 10 | Exagen | 112.36 Mn | 90.84 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% |