Exagen Inc. (XGN) — Financial statements
Income statement, balance sheet, and cash flow for Exagen Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 67↑19.7% | 56↑5.9% | 53↑15.3% | 46↓5.7% | 48 | |
| Cost of Revenue | 28↑23.3% | 23↓2.4% | 23↓4.6% | 24↑17.6% | 21 | |
| Gross Profit | 39↑17.2% | 33↑12.4% | 29↑38.0% | 21↓23.0% | 28 | |
| Operating Expenses | ||||||
| R&D Expenses | 6↑16.4% | 5↑10.5% | 5↓50.7% | 10↑36.5% | 7 | |
| General & Administrative Expenses | 0.00↓100.0% | 40↓13.0% | 46 | 0.00↓100.0% | 43 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1↓6.7% | 2 | 0.00↓100.0% | 2 | |
| SG&A Expenses | 47↑12.7% | 41↓12.8% | 47↓8.8% | 52↑16.8% | 45 | |
| Other Expenses | 0.00 | 0.00 | 0.00↓100.0% | 6 | 0.00 | |
| Operating Expenses | 53↑13.1% | 47↓10.6% | 52↓22.4% | 67↑30.2% | 52 | |
| Total Costs & Expenses | 81↑16.4% | 69↓8.1% | 75↓17.7% | 92↑26.6% | 72 | |
| Operating Results | ||||||
| Operating Income | -14↓3.2% | -14↑40.3% | -23↑50.4% | -46↓91.3% | -24 | |
| Depreciation & Amortization | 2↑22.9% | 2↓20.5% | 2↑39.2% | 2↑64.2% | 0.95 | |
| EBITDA | -12↓7.2% | -11↑41.8% | -19↑56.1% | -44↓89.0% | -23 | |
| EBIT | -14↓9.3% | -13↑39.6% | -21↑52.9% | -45↓88.0% | -24 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4↓174.6% | -1↓79.1% | -0.82↑49.4% | -2↑38.0% | -3 | |
| Interest Income | 0.29↓62.3% | 0.77↓49.4% | 2↑82.7% | 0.83↑5087.5% | 0.02 | |
| Interest Expense | 4↑93.3% | 2↓4.3% | 2↓4.6% | 2↓6.7% | 3 | |
| Non-Operating Income | 0.00↑100.0% | -0.77↑49.4% | -2↓82.7% | -0.83↓5087.5% | -0.02 | |
| Other Income / Expenses | -6↓297.4% | -1↓79.1% | -0.82↑49.4% | -2↑38.0% | -3 | |
| Income Before Tax | -20↓31.8% | -15↑36.2% | -24↑50.4% | -48↓78.7% | -27 | |
| Income Tax Expense | 0.05↑325.0% | 0.01↓63.6% | 0.03↑111.7% | -0.28↓261.1% | 0.18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -20↓32.0% | -15↑36.2% | -24↑50.0% | -47↓76.5% | -27 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -20↓32.0% | -15↑36.2% | -24↑50.0% | -47↓76.5% | -27 | |
| Bottom-Line Net Income | -20↓32.0% | -15↑36.2% | -24↑50.0% | -47↓76.5% | -27 | |
| EPS (Basic) | -0.93↓12.0% | -0.83↑38.1% | -1.34↑51.6% | -2.77↓64.9% | -1.68 | |
| EPS (Diluted) | -0.93↓12.0% | -0.83↑38.1% | -1.34↑51.6% | -2.77↓64.9% | -1.68 | |
| Weighted Average Shares | 22↑18.4% | 18↑3.0% | 18↑3.5% | 17↑7.0% | 16 | |
| Weighted Average Diluted Shares | 22↑18.4% | 18↑3.0% | 18↑3.5% | 17↑7.0% | 16 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.