MDxHealth reported revenue of $22.71M and net income of -$14.31M for the quarter ended Sep 2026, down 17.2% year over year. This income statement covers 23 quarters of results from Dec 2020 through Sep 2026, standardized by Business Quant from the company’s SEC filings.
| Income StatementIncome Statement | Dec2020 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 | Sep2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||
| Revenue | 6.01M | 6.11M | 6.90M | 11.15M | 12.89M | 14.70M | 16.75M | 19.35M | 19.40M | 19.83M | 22.16M | 23.32M | 24.74M | 24.29M | 23.39M | 27.43M | 29.55M | 27.39M | 27.21M | 22.71M | |||
| Cost of RevenueCost of Rev | 3.23M | 3.26M | 3.97M | 4.93M | 5.67M | 5.99M | 6.76M | 6.80M | 6.73M | 7.77M | 8.87M | 9.04M | 9.22M | 8.79M | 7.34M | 9.56M | 10.86M | 10.77M | 9.32M | 8.68M | |||
| Gross Profit | 2.79M | 2.84M | 2.93M | 6.22M | 7.22M | 8.72M | 9.99M | 12.55M | 12.67M | 12.06M | 13.29M | 14.28M | 15.52M | 15.50M | 16.06M | 17.88M | 18.69M | 16.61M | 17.89M | 14.04M | |||
| Operating items | |||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.68M | 0.82M | 0.68M | 0.95M | 0.96M | ||||||||||||||||||
| Research & DevelopmentR&D | 1.26M | 1.78M | 1.80M | 2.17M | 0.80M | 1.32M | 1.67M | 1.56M | 1.83M | 2.16M | 2.90M | 2.70M | 2.79M | 2.50M | 1.86M | 2.01M | 3.28M | 2.13M | 2.00M | 2.41M | |||
| Share-based Compensation (IS)Stock Comp. | 0.53M | 0.37M | 0.68M | 0.45M | |||||||||||||||||||
| Selling, General & AdministrativeSG&A | 3.36M | 4.49M | 5.14M | 8.10M | 5.75M | 5.17M | 5.73M | 5.38M | 6.73M | 5.36M | 5.84M | 5.74M | 5.87M | 5.84M | 6.14M | 7.46M | 7.39M | 8.16M | 8.19M | 7.49M | |||
| Restructuring CostsRestructuring | 1.57M | ||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 1.08M | 0.00M | 0.27M | -0.12M | 0.40M | -0.72M | 0.06M | 0.01M | 0.19M | 0.01M | -0.20M | 0.01M | -0.44M | -0.61M | 0.56M | 0.83M | 0.21M | 0.00M | -0.14M | 0.67M | |||
| Operating ExpensesOpex | 10.03M | 10.70M | 12.10M | 18.15M | 16.17M | 17.43M | 17.73M | 17.11M | 18.98M | 18.67M | 20.70M | 20.37M | 20.13M | 20.09M | 17.58M | 20.52M | 23.95M | 23.92M | 22.99M | 22.16M | |||
| Operating IncomeOp. Inc | -7.25M | -7.85M | -9.17M | -11.93M | -8.95M | -8.72M | -17.73M | -4.56M | -6.31M | -6.60M | -7.42M | -6.09M | -4.61M | -4.59M | -1.52M | -2.64M | -5.26M | -7.30M | -5.10M | -8.13M | |||
| Non-operating items | |||||||||||||||||||||||
| Non Operating Interest Expenses | 3.51M | -0.42M | -2.17M | -1.70M | -3.36M | -2.99M | -3.22M | -6.05M | -4.41M | -3.28M | -4.45M | -4.96M | -2.19M | -5.18M | -6.36M | -5.88M | -5.24M | -8.95M | -6.08M | -5.17M | |||
| Goodwill impairment chargesGoodwill Impair. | 0.37M | ||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.06M | 0.16M | 0.33M | 0.56M | 1.00M | 1.37M | 0.34M | 0.20M | 0.59M | 0.69M | 0.50M | 0.50M | 7.39M | 1.70M | 1.04M | ||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.70M | 2.66M | 3.09M | 2.10M | |||||||||||||||||||
| Net income details | |||||||||||||||||||||||
| EBIT | -7.25M | -7.85M | -9.17M | -11.93M | -8.95M | -8.72M | -17.73M | -4.56M | -6.31M | -6.60M | -7.42M | -6.09M | -4.61M | -4.59M | -1.52M | -2.64M | -5.26M | -7.30M | -5.10M | -8.13M | |||
| EBT | -8.08M | -8.27M | -9.83M | -13.63M | -12.31M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -4.89M | -10.86M | -6.79M | -9.07M | -7.38M | -8.02M | -10.50M | -8.87M | -9.48M | -12.26M | |||
| Tax ProvisionsTaxes | 0.00M | 0.13M | -0.13M | 0.00M | -0.34M | -0.05M | -0.14M | 0.42M | 0.01M | 1.57M | |||||||||||||
| Income After Tax | -8.08M | -8.27M | -9.83M | -13.76M | -12.18M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -4.89M | -10.51M | -6.75M | -8.94M | -7.79M | -8.02M | -12.07M | -8.87M | -9.48M | -12.26M | |||
| Income from Continuing OperationsIncome (Continuing) | -8.08M | -8.27M | -9.83M | -13.76M | -12.18M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -4.89M | -10.51M | -6.75M | -8.94M | -6.96M | -8.02M | -12.07M | -8.87M | -9.48M | -12.26M | |||
| Income from Discontinued OperationsIncome (Discontinued) | -0.41M | -2.05M | -2.05M | ||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -8.08M | -8.27M | -9.83M | -13.50M | -12.44M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -11.53M | -11.19M | -6.84M | -9.21M | -7.37M | -8.01M | -8.93M | -8.87M | -11.41M | -14.31M | |||
| Net Income Attributable to Noncontrolling InterestsNCI Net Income | 0.11M | ||||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -8.08M | -8.27M | -9.83M | -13.50M | -12.44M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -11.53M | -11.19M | -6.84M | -9.21M | -7.37M | -8.01M | -8.93M | -8.87M | -11.53M | -14.31M | |||
| Net Income towards Common StockholdersNet Income | -8.08M | -8.27M | -9.83M | -13.50M | -12.44M | -11.71M | -10.63M | -10.05M | -10.72M | -8.51M | -11.53M | -11.19M | -6.84M | -9.21M | -7.37M | -8.01M | -8.93M | -8.87M | -11.53M | -14.31M | |||
| Additional items | |||||||||||||||||||||||
| EPS (Basic) | -0.07 | -0.07 | -0.08 | -0.11 | -0.08 | -0.07 | -0.07 | -0.06 | -0.41 | -0.33 | -0.44 | -0.43 | -0.21 | -0.28 | -0.22 | -0.24 | -0.18 | -0.18 | -0.23 | -0.29 | |||
| EPS (Diluted) | -0.07 | -0.07 | -0.08 | -0.11 | -0.08 | -0.07 | -0.07 | -0.06 | -0.41 | -0.33 | -0.44 | -0.43 | -0.21 | -0.28 | -0.22 | -0.24 | -0.18 | -0.18 | -0.23 | -0.29 | |||
| Shares Outstanding | 121.94M | 121.94M | 121.94M | 121.94M | 158.66M | 158.66M | 158.66M | 158.66M | 25.91M | 25.91M | 25.91M | 25.91M | 32.86M | 32.86M | 32.86M | 32.86M | 49.96M | 49.96M | 49.96M | 49.96M | |||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 121.94M | 121.94M | 121.94M | 121.94M | 158.66M | 158.66M | 158.66M | 158.66M | 25.91M | 25.91M | 25.91M | 25.91M | 32.86M | 32.86M | 32.86M | 32.86M | 49.96M | 49.96M | 49.96M | 49.96M | |||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 155.97M | 162.88M | 27.29M | 49.50M | 51.36M | ||||||||||||||||||
| EBITDA | -8.05M | -7.07M | -8.38M | -10.63M | -10.08M | -5.96M | -14.84M | -1.57M | -8.09M | -4.70M | -5.62M | -3.94M | -2.42M | -2.34M | -2.83M | -3.94M | -6.52M | -4.91M | -2.71M | -5.95M | |||
| Interest ExpensesInt Expense | 3.51M | -0.42M | -2.17M | -1.70M | -3.36M | -2.99M | -3.22M | -6.05M | -4.41M | -3.28M | -4.45M | -4.96M | -2.19M | -5.18M | -6.36M | -5.88M | -5.24M | -8.95M | -6.08M | -5.17M |
Pull MDxHealth's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=MDXH&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "MDXH", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=MDXH&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();