Exagen (XGN) Research & Development (2018 - 2026)
Exagen's (XGN) quarterly Research & Development came in at $1.6 million in Q1 2026, up 20.95% YoY from $1.3 million in Q1 2025, and down 11.61% on a QoQ basis from $1.8 million in Q4 2025.
Exagen (XGN) Research & Development (2018 - 2026) Analysis & Trends
Exagen (XGN) has 9 years of Research & Development data on file, last reported at $1.6 million in Q1 2026.
- Quarterly Research & Development rose 20.95% year-over-year to $1.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.5 million (up 16.48% YoY) and the FY2025 annual result came in at $6.3 million, up 16.35% from the prior year.
- Research & Development fell to $1.6 million in Q1 2026, from $1.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.7 million in Q4 2022 to a low of $1.1 million in Q1 2024.
- A 5-year average of $1.6 million and a median of $1.5 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development sank 60.16% — and 2024, when it soared 53.9%.
- Tracing XGN's Research & Development over 5 years: stood at $2.7 million in 2022, then slumped by 60.16% to $1.1 million in 2023, then soared by 53.9% to $1.7 million in 2024, then gained by 6.1% to $1.8 million in 2025, then retreated by 11.61% to $1.6 million in 2026.
- The last three Research & Development figures came in at $1.6 million (Q1 2026), $1.8 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 228.07 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | - |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 171.28 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | - |
| 10 | Exagen | 181.48 Mn | 156.88 Mn | 12.22 Mn | 1.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Mn |
| 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 |