Company / Operating Margin
EXAGEN INC. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-24.5%
FY2025
5-year range
-101.1% / -24.5%
FY2021-FY2025
Trend
+43.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from -101.1% to -24.5% over the past 2 years.
Based on SEC 10-K filings.
-24.5% in FY2025 with a 5-year CAGR of -1.5%.
Improved from -101.1% to -24.5% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- +25.3pp
- 5-Year Change
- -1.5pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin increased 43.6% year-over-year.
- Peak operating margin was recorded in FY2019.
- Lowest operating margin in the period was in FY2023.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -24.5% | +43.6% |
| FY2024 | -43.5% | +57.0% |
| FY2023 | -101.1% | -102.8% |
| FY2022 | -49.8% | -37.7% |
| FY2021 | -36.2% | -57.2% |
| FY2020 | -23.0% | -53.1% |
| FY2019 | -15.0% | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026