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Exagen Inc. XGN Reportable Segment — Cost of revenue

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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:CostOfGoodsAndServicesSold.

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 reportable segment — cost of revenue?
Exagen Inc. (XGN) reported reportable segment — cost of revenue of $7.1M in Q1 2026.
How has Exagen Inc.'s reportable segment — cost of revenue changed year-over-year?
Exagen Inc.'s reportable segment — cost of revenue increased by 11.4% year-over-year, from $6.38M to $7.1M.
What is the long-term trend for Exagen Inc.'s reportable segment — cost of revenue?
Over 2 years (2023 to 2025), Exagen Inc.'s reportable segment — cost of revenue has grown at a 9.7% compound annual growth rate (CAGR), from $23.09M to $27.78M.
What does reportable segment — cost of revenue mean?
The direct costs incurred to produce and deliver the diagnostic tests sold by the segment, including laboratory materials, reagents, and direct labor. Monitoring this metric is essential for evaluating the segment's production efficiency and direct margin management.