Exagen Inc. (XGN) Net Margin (2018 - 2026)
Exagen's Net Margin came in at -16.03% for Q2 2026, up 9.78 percentage points from -25.81% a year earlier and up 6.90 percentage points from the prior quarter.
Exagen Inc. (XGN) Net Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Exagen reported Net Margin of -26.61%, up 2.24 percentage points year-over-year; for FY2025, it came in at -29.97%, down 2.80 percentage points from FY2024.
- Net Margin carries a five-year change of +9.79 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -27.17% in FY2024 (+17.92 pp), -45.08% in FY2023 (+58.92 pp), -104.00% in FY2022 (-48.41 pp) and -55.59% in FY2021 (-15.84 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin in data going back to Q3 2018.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +1.96 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2023 (a gain of 157.35 percentage points), and the weakest in Q2 2022 (a drop of 142.62 percentage points).
- Business Quant data shows XGN's Net Margin at -22.92% (Q1 2026), -28.10% (Q4 2025) and -41.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic 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 | -40.49% |
| Sep 30, 2023 | -40.36% |
| Jun 30, 2023 | -35.46% |
| Mar 31, 2023 | -68.46% |
| Dec 31, 2022 | -111.82% |
| Sep 30, 2022 | -54.98% |
| Jun 30, 2022 | -192.81% |
| Mar 31, 2022 | -98.83% |
| Dec 31, 2021 | -55.58% |
| Sep 30, 2021 | -58.60% |
Exagen Inc. Net Margin 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=net-margin&ticker=XGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=XGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();