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 213.88 Bn 209.81 Bn 8.34 Bn 364.00 Mn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 412.00 Mn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 171.28 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 126.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn -
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 210.70 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 252.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 52.99 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn -
10 Exagen 158.28 Mn 133.68 Mn 12.22 Mn 1.43 Mn

Historic Data

Download Data
DateValue
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