earnings
confidence high
sentiment neutral
materiality 0.55
Exagen Q1 2026: Record revenue $17.3M, net loss $4.0M; FY guidance reaffirmed
EXAGEN INC.
2026-Q1 EPS reported
-$0.17
revenue$17,306,000
- Revenue rose 12% YoY to $17.3M; net loss widened to $4.0M from $3.8M.
- AVISE CTD test volume increased 10% YoY; TTM ASP rose 6% to $444.
- Adjusted EBITDA loss improved 14% to $2.2M; cash $21.5M, ahead of expectations.
- Full-year 2026 revenue guidance reaffirmed at $70M-$73M.