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Exagen Inc. XGN Q1 2026 earnings

Reported May 11, 2026 · Before market open

Revenue$17.3MBeat by $897.4K
EPS-$0.17Beat by $0.07
Revenue estimate$16.4M
EPS estimate-$0.24

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$17.8M
EPS estimate-$0.19

Financials

Q1 2026

Income statement

See full
Revenue$17.3M+11.7%
Gross profit$10.2M+11.9%
Operating income-$3.4M-1.5%
Net income-$4.0M-5.7%
EPS (diluted)-$0.17+15.0%

Balance sheet

See full
Cash & equivalents$21.7M+90.6%
Total debt$27.1M+15.8%
Total equity$14.4M+125%
Total assets$52.0M+28.9%

Cash flow

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Operating cash flow-$10.4M+2.4%
CapEx$228.0K+102%
Free cash flow-$10.6M+1.3%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$106.3M-34.2%
Enterprise value$111.74M-28.6%
P/S1.6×-1.2×

Profitability

See full
Gross margin58.3%-1.0pp
Operating margin-20.6%-2.9pp
Net margin-29.5%+2.5pp

Returns & leverage

See full
Return on equity-193.6%+355pp
Debt / equity1.9×-1.8×
Current ratio3.5×+1.1×

Segments

By segment

See full
Reportable Segment$17.3M+11.7%

Versus estimates

Revenue

Q1 2026$17.3MBeat by $897.4K
Q4 2025$16.6MBeat by $60.7KQ3 2025$17.2MBeat by $708.3KQ2 2025$17.2MBeat by $300.8KQ1 2025$15.5MBeat by $944.0KQ4 2024$13.7MMiss by $912.5K

Diluted EPS

Q1 2026-$0.17Beat by $0.07
Q4 2025-$0.20In lineQ3 2025-$0.19Miss by $0.06Q2 2025-$0.18In lineQ1 2025-$0.20In lineQ4 2024-$0.20Beat by $0.07

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Questions, answered.

When did Exagen Inc. report Q1 2026 earnings?
Exagen Inc. (XGN) reported Q1 2026 earnings on May 11, 2026 before market open.
What were Exagen Inc.'s Q1 2026 revenue and EPS?
Exagen Inc. reported revenue of $17.3M and eps of $-0.17 for Q1 2026.
Did Exagen Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $16.4M by $897.4K. EPS beat the consensus estimate of $-0.24 by $0.07.
How did Exagen Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.7% from $15.5M a year earlier and eps grew 15.0% from $-0.20.
Where can I find Exagen Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001274737-26-000027) and the 10-Q periodic report (0001274737-26-000029) directly on SEC EDGAR. The filing index links above go to sec.gov.