---
schema_version: "secwatch.filing_event.v1"
accession: "0001274737-26-000007"
form_type: "8-K"
ticker: "XGN"
cik: "0001274737"
company_name: "EXAGEN INC."
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T15:32:33.953541+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Exagen reports record FY 2025 revenue of $66.6M, up 20% YoY; guides FY 2026 revenue $70-73M

## Summary
- Full-year 2025 revenue $66.6M (+20% YoY); Q4 2025 revenue $16.6M.
- Full-year net loss $19.95M; adjusted EBITDA loss $9.79M; gross margin 58.3%.
- AVISE CTD test volume grew >11% YoY; trailing 12-month ASP rose to $441 (+7%).
- FY 2026 revenue guidance of $70M to $73M; path to cash flow positivity.
- Year-end cash $32.4M; strengthened by $20M equity offering and $25M credit facility.

## SEC filing metadata
- accession: 0001274737-26-000007
- form_type: 8-K
- ticker: XGN
- cik: 0001274737
- company_name: EXAGEN INC.
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274737/000127473726000007/0001274737-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274737/000127473726000007/exdx-20260310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274737-26-000007
- JSON: https://secwatch.observer/filing/0001274737-26-000007.json
- Plain text: https://secwatch.observer/filing/0001274737-26-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.