EXAGEN INC. Income Statement
XGN|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
EXAGEN INC. reported $56M in revenue and $15M in net loss for FY2025. Revenue has grown at a 9.4% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $55.6M | $52.5M | $45.6M | $48.3M | $42.0M | $40.4M | $32.4M |
| Cost of Revenue | $22.5M | $23.1M | $24.2M | $20.6M | $16.6M | $18.8M | $15.4M |
| Gross Profit | $33.1M | $29.5M | - | - | - | - | - |
| SG&A Expense | $41.4M | $47.4M | $52.0M | $44.5M | $37.0M | $28.7M | $19.7M |
| R&D Expense | $5.4M | $4.9M | $9.9M | $7.2M | $3.6M | $2.2M | $2.1M |
| Operating Income | -$13.6M | -$22.8M | -$46.1M | -$24.1M | -$15.2M | -$9.3M | -$4.9M |
| Interest Expense | - | - | $2.4M | $2.6M | $2.6M | $3.5M | $2.9M |
| Income Tax | $12.0K | $33.0K | -$282.0K | $175.0K | -$79.0K | $25.0K | $58.0K |
| Net Income | -$15.1M | -$23.7M | -$47.4M | -$26.9M | -$16.7M | -$12.0M | -$8.0M |
| EPS (Basic) | -$0.83 | -$1.34 | -$2.77 | -$1.68 | -$1.32 | - | - |
| EPS (Diluted) | -$0.83 | -$1.34 | -$2.77 | -$1.68 | -$1.32 | -$8.46 | -$293.34 |
| Shares Outstanding | 17.6M | 17.0M | 16.5M | 16.2M | 12.7M | 12.6M | 63.0K |
| Gross Margin | 59.5% | 56.1% | - | - | - | - | - |
| Operating Margin | -24.5% | -43.5% | -101.1% | -49.8% | -36.2% | -23.0% | -15.0% |
| Profit Margin | -27.2% | -45.1% | -104.0% | -55.6% | -39.8% | -29.8% | -24.7% |