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Exagen Inc. XGN Reportable Segment — Income Tax Expense (Benefit)

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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:IncomeTaxExpenseBenefit.

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 — income tax expense (benefit)?
Exagen Inc. (XGN) reported reportable segment — income tax expense (benefit) of $36K in Q1 2026.
What is the long-term trend for Exagen Inc.'s reportable segment — income tax expense (benefit)?
Over 2 years (2023 to 2025), Exagen Inc.'s reportable segment — income tax expense (benefit) has grown at a 24.3% compound annual growth rate (CAGR), from $33K to $51K.
What does reportable segment — income tax expense (benefit) mean?
The provision for income taxes or the benefit recognized from tax credits and deferred tax assets related to the segment's operations. This metric reflects the tax impact on the segment's financial results based on applicable tax jurisdictions. It is essential for understanding the net impact of tax policy on the segment's bottom line.