Company / Cost of Revenue
EXAGEN INC. Cost of Revenue History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$22.5M
FY2025
5-year range
$16.6M / $24.2M
FY2021-FY2025
Trend
-2.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has fluctuated over the past 7 years, ranging from $15M in FY2019 to $24M in FY2023.
Based on SEC 10-K filings.
$23M in FY2025 with a 5-year CAGR of +3.7%.
Improved from $24M to $23M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +3.0%
- 5-Year CAGR
- +3.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +3.7%, indicating consistent growth.
- In FY2025, cost of revenue decreased 2.4% year-over-year.
- Peak cost of revenue was recorded in FY2023.
- Lowest cost of revenue in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.74 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $22.5M | -2.4% |
| FY2024 | $23.1M | -4.6% |
| FY2023 | $24.2M | +17.6% |
| FY2022 | $20.6M | +24.3% |
| FY2021 | $16.6M | -12.0% |
| FY2020 | $18.8M | +22.3% |
| FY2019 | $15.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026