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Exagen Inc. XGN Reportable Segment — Operating Expenses

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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-28.2%
Enterprise value$117.78M-22.1%
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:OperatingExpenses.

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 — operating expenses?
Exagen Inc. (XGN) reported reportable segment — operating expenses of $13.62M in Q1 2026.
How has Exagen Inc.'s reportable segment — operating expenses changed year-over-year?
Exagen Inc.'s reportable segment — operating expenses increased by 9.1% year-over-year, from $12.49M to $13.62M.
What is the long-term trend for Exagen Inc.'s reportable segment — operating expenses?
Over 2 years (2023 to 2025), Exagen Inc.'s reportable segment — operating expenses has grown at a 0.5% compound annual growth rate (CAGR), from $52.29M to $52.87M.
What does reportable segment — operating expenses mean?
The total costs incurred by the reportable segment to support its core business activities, excluding the direct cost of revenue. This includes expenditures such as employee compensation, facilities, travel, and administrative overhead. It serves as a primary indicator of the segment's cost structure and operational scale.