Exagen (XGN) Research & Development (2018 - 2026)

Exagen (XGN) posted Research & Development of $1.6 million for Q1 2026, down 11.61% quarter-over-quarter from $1.8 million in Q4 2025, and up 20.95% year-on-year from $1.3 million in Q1 2025.

Exagen (XGN) Research & Development (2018 - 2026) Analysis & Trends

Exagen (XGN) has reported Research & Development for 9 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $1.6 million, up 20.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.5 million (up 16.48% YoY), and the FY2025 annual result was $6.3 million, up 16.35% from the prior year.
  • Research & Development was $1.6 million for Q1 2026 at Exagen, down from $1.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $2.7 million in Q4 2022 and troughed at $1.1 million in Q1 2024.
  • Average Research & Development over 5 years is $1.6 million, with a median of $1.5 million recorded in 2025.
  • Year-over-year, Research & Development tumbled 60.16% in 2023 and surged 53.9% in 2024.
  • Over 5 years, Research & Development stood at $2.7 million in 2022, then sank by 60.16% to $1.1 million in 2023, then soared by 53.9% to $1.7 million in 2024, then grew by 6.1% to $1.8 million in 2025, then dropped by 11.61% to $1.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $1.6 million in Q1 2026, $1.8 million in Q4 2025, and $1.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 Exagen 112.36 Mn 90.84 Mn 10.21 Mn 1.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.55 Mn
Dec 31, 2025 1.76 Mn
Sep 30, 2025 1.73 Mn
Jun 30, 2025 1.48 Mn
Mar 31, 2025 1.28 Mn
Dec 31, 2024 1.66 Mn
Sep 30, 2024 1.48 Mn
Jun 30, 2024 1.18 Mn
Mar 31, 2024 1.06 Mn
Dec 31, 2023 1.08 Mn
Sep 30, 2023 1.40 Mn
Jun 30, 2023 1.26 Mn
Mar 31, 2023 1.13 Mn
Dec 31, 2022 2.70 Mn
Sep 30, 2022 2.38 Mn
Jun 30, 2022 2.69 Mn
Mar 31, 2022 2.10 Mn
Dec 31, 2021 2.20 Mn
Sep 30, 2021 1.74 Mn
Jun 30, 2021 1.89 Mn