What is Exagen Inc.'s operating lease ROU assets?

Exagen Inc. (XGN) reported operating lease ROU assets of $1.18M in Q1 2026.

How has Exagen Inc.'s operating lease ROU assets changed year-over-year?

Exagen Inc.'s operating lease ROU assets decreased by 45.6% year-over-year, from $2.17M to $1.18M.

What does operating lease ROU assets mean?

This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.

Exagen Inc. XGN Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$2.83M-91.6%

Avalo TherapeuticsAVTX

$268K-56.4%

CareDxCDNA

$21.21M-19.6%

Quest DiagnosticsDGX

——

Bio-Rad LaboratoriesBIO

——

RevvityRVTY

——

Other financials

Income statement

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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

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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

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Market cap$112.34M-26.5%

Enterprise value$117.78M-20.3%

P/S1.6×-1.0×

Profitability

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Gross margin58.3%-1.0pp

Operating margin-20.6%-2.9pp

Net margin-29.5%+2.5pp

FCF margin-27.5%—

Returns & leverage

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Return on equity-193.6%+355pp

Debt / equity1.9×-1.8×

Current ratio3.5×+1.1×

Where this comes from

Reported directly by Exagen Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Exagen Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Exagen Inc.'s operating lease ROU assets?: Exagen Inc. (XGN) reported operating lease ROU assets of $1.18M in Q1 2026.
How has Exagen Inc.'s operating lease ROU assets changed year-over-year?: Exagen Inc.'s operating lease ROU assets decreased by 45.6% year-over-year, from $2.17M to $1.18M.
What does operating lease ROU assets mean?: This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.