Exagen (XGN) Net Margin (2018 - 2026)
Exagen's (XGN) quarterly Net Margin came in at 22.92% in Q1 2026, up 129.0% YoY from 10.01% in Q1 2025, and up 18.42% on a QoQ basis from 28.1% in Q4 2025.
Exagen (XGN) Net Margin (2018 - 2026) Analysis & Trends
Exagen (XGN) has 9 years of Net Margin data on file, last reported at 22.92% in Q1 2026.
- Quarterly Net Margin rose 129.0% year-over-year to 22.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.49% (down 215.0% YoY) and the FY2025 annual result came in at 29.97%, down 280.0% from the prior year.
- Net Margin grew to 22.92% in Q1 2026, from 28.1% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 19.69% in Q2 2024 to a low of 219.23% in Q2 2022.
- A 5-year average of 58.82% and a median of 39.05% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin sank 16905 bps — and 2023, when it surged 18377 bps.
- Tracing XGN's Net Margin over 5 years: stood at 112.18% in 2022, then surged by 65 bps to 39.05% in 2023, then gained by 29 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 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 13.89% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 27.82% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 18.47% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 5.52% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -12.22% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 17.86% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 22.67% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 10.65% |
| 10 | Exagen | 158.28 Mn | 133.68 Mn | 12.22 Mn | -16.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -16.03% |
| 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 | -39.05% |
| Sep 30, 2023 | -42.92% |
| Jun 30, 2023 | -35.46% |
| Mar 31, 2023 | -74.30% |
| Dec 31, 2022 | -112.18% |
| Sep 30, 2022 | -57.28% |
| Jun 30, 2022 | -219.23% |
| Mar 31, 2022 | -166.68% |
| Dec 31, 2021 | -55.58% |
| Sep 30, 2021 | -58.60% |