XGN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $8.17
Market Cap (MRQ) $198M
P/E (TTM) -10.0
EPS (TTM) $-0.82
Revenue (TTM) $71M
ROE (TTM) -113.8%
Debt/Equity (MRQ) 1.9
52W Range $3–$12

XGN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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About Exagen Inc. - Common Stock Company overview from Wikipedia

05 · wikidata
sectorHealthcare industryBiotechnology employees216 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$67M
2018-12-31 → 2025-12-31
EPS$-0.93
2020-12-31 → 2025-12-31
Free Cash Flow$-14M
2019-12-31 → 2025-12-31
Net margin-26.6%
2019-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend XGN 5Y avg Peer Median Verdict
P/E (TTM) -10.05Y avg ≈-3.5 ≈-3.5 · ·
P/S (TTM) 2.85Y avg ≈1.2 ≈1.2 66.2 Undervalued
P/B (MRQ) 16.25Y avg ≈4.5 ≈4.5 3.2 Overvalued
EV / EBITDA -15.75Y avg ≈-4.4 ≈-4.4 · ·
Price / FCF (TTM) -26.05Y avg ≈-4.6 ≈-4.6 · ·
Price / Cash Flow (TTM) -30.45Y avg ≈-4.8 ≈-4.8 · ·
EV / Revenue 2.85Y avg ≈0.9 ≈0.9 · ·
EV / FCF -13.15Y avg ≈-3.9 ≈-3.9 · ·
Price / Tangible Book 11.35Y avg ≈4.5 ≈4.5 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -12.6%
Next Report Nov 02, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 27, 2026 $-0.13 $-0.19 32.3%
March 31, 2026 May 12, 2026 $-0.20 $-0.24 15.1%
Dec. 31, 2025 $-0.20 $-0.19 -4.2%
Sept. 30, 2025 $-0.31 $-0.16 -94.8%
June 30, 2025 $-0.18 $-0.14 -26.0%
March 31, 2025 $-0.20 $-0.20 1.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 20252024202320222021202020192018
Revenue $67M$56M$53M$46M$48M$42M$40M$32M
Cost of Revenue $28M$23M$23M$24M$21M$17M$19M$15M
Gross Profit $39M$33M$29M·····
R&D Expense $6M$5M$5M$10M$7M$4M$2M$2M
SG&A Expense $47M$41M$47M$52M$45M$37M$29M$20M
Operating Expenses $53M$47M$52M$92M$72M$57M$50M$37M
Operating Income $-14M$-14M$-23M$-46M$-24M$-15M$-9M$-5M
Interest Expense ··$2M$2M$3M$3M$3M$3M
Interest Income $289.0K$767.0K$2M·····
Other Non-op ····$16.0K$984.0K$510.0K$112.0K
Income Tax $51.0K$12.0K$33.0K$-282.0K$175.0K$-79.0K$25.0K$58.0K
Net Income $-20M$-15M$-24M$-47M$-27M$-17M$-12M$-8M
EPS (Basic) $-0.93$-0.83$-1.34$-2.77$-1.68$-1.32··
EPS (Diluted) $-0.93$-0.83$-1.34$-2.77$-1.68$-1.32··
Shares (Basic) 21,558,24518,203,04417,679,46717,082,34815,972,25612,632,780··
Shares (Diluted) 21,558,24518,203,04417,679,46717,082,34815,972,25612,632,780··
EBITDA $-12M$-12M$-21M$-44M$-23M·$-9M·
Balance Sheet 26
Metric Trend 20252024202320222021202020192018
Cash & Equivalents $32M$22M$36M$62M$99M$57M$72M$13M
Receivables $11M$8M$7M$6M$10M$9M$6M$6M
Prepaid Expense $6M$7M$5M$4M$4M$4M$3M$2M
Other Current Assets $3M$6M$3M$2M$1M$1M$1M$1M
Current Assets $49M$36M$48M$73M$113M$71M$81M$21M
PP&E (Net) ···$8M$5M$2M$1M$2M
PP&E (Gross) ···$13M$9M$5M$4M$3M
Accum. Depreciation ···$5M$4M$3M$2M$2M
Goodwill ···$0$6M$6M$6M$6M
Other Non-current Assets $756.0K$550.0K$616.0K$528.0K$433.0K$250.0K$174.0K$503.0K
Total Assets $58M$45M$57M$86M$123M$78M$88M$29M
Accounts Payable $4M$4M$3M$3M$2M$3M$1M$1M
Accrued Liabilities $6M$7M$8M$5M$7M$6M$4M$4M
Current Liabilities $14M$14M$12M$10M$9M$9M$6M$9M
Capital Leases $438.0K$2M$3M$4M$0$576.0K$636.0K·
Deferred Tax ···$0$306.0K$158.0K$264.0K$245.0K
Other Non-current Liabilities ·$157.0K$357.0K$867.0K$1M$948.0K$638.0K$304.0K
Total Liabilities $41M$35M$34M$44M$39M$37M$33M$36M
Long-term Debt $23M$20M$19M$29M$27M$27M$26M·
Total Debt $23M$20M$19M$29M$27M·$26M·
Common Stock $23.0K$18.0K$17.0K$17.0K$16.0K$13.0K$13.0K$0
Paid-in Capital $332M$304M$302M$298M$293M$223M$220M$41M
Retained Earnings $-314M$-294M$-279M$-256M$-208M$-181M$-165M$-153M
Stockholders' Equity $17M$10M$23M$42M$85M$42M$56M$-112M
Liabilities + Equity $58M$45M$57M$86M$123M$78M$88M$29M
Shares Outstanding 22,911,57517,640,32817,045,95416,549,98416,164,99412,652,30812,560,99063,005
Cash Flow 16
Metric Trend 20252024202320222021202020192018
D&A $2M$2M$2M$2M$900.0K$500.0K$600.0K$600.0K
Stock-based Comp $2M$2M$4M$5M$5M$3M$572.0K$114.0K
Deferred Tax $0$0$0$-306.0K$148.0K$-106.0K$20.0K$31.0K
Amort. of Intangibles ······$0$141.0K
Other Non-cash $2M$-2M$3M$9M$806.0K·$1M·
Operating Cash Flow $-14M$-13M$-14M$-32M$-20M$-14M$-10M$-9M
CapEx $641.0K$515.0K$828.0K$4M$2M$455.0K$403.0K$199.0K
Investing Cash Flow $-626.0K$-515.0K$-804.0K$-4M$-2M$-455.0K$-103.0K$-199.0K
Debt Issued ······$0$5M
Net Debt Issued ·$0$-10M···$0·
Stock Issued $3M$0·$0$69M$0··
Net Stock Activity $3M··$0$69M···
Financing Cash Flow $24M$-663.0K$-11M$-489.0K$65M$-97.0K$69M$11M
Net Change in Cash $10M$-14M$-26M$-37M$42M$-15M$59M$2M
Taxes Paid $35.0K$32.0K······
Free Cash Flow $-14M$-14M$-15M$-36M$-23M·$-10M·
Profitability 6
Metric Trend 20252024202320222021202020192018
Gross Margin 58.3%59.5%······
Operating Margin -21.1%-24.5%-43.5%-101.1%-49.8%·-23.0%·
Net Margin -30.0%-27.2%-45.1%-104.0%-55.6%·-29.8%·
EBITDA Margin -18.0%-21.4%-39.3%-97.6%-48.0%·-21.5%·
ROA -38.9%-29.7%-33.1%-49.1%-26.6%·-20.5%·
ROE -103.7%-134.9%-94.4%-96.1%-30.6%·-21.1%·
Liquidity & Solvency 5
Metric Trend 20252024202320222021202020192018
Current Ratio 3.52.74.07.512.1·13.8·
Quick Ratio 3.02.23.67.111.7·13.2·
Debt / Equity 1.32.10.90.70.3·0.5·
LT Debt / Equity 1.32.10.80.70.3·0.5·
Interest Coverage ··-9.8-18.8-9.2·-2.7·
Efficiency 2
Metric Trend 20252024202320222021202020192018
Asset Turnover 1.31.10.70.50.5·0.7·
Receivables Turnover 7.17.78.36.25.2·6.9·
Per Share 5
Metric Trend 20252024202320222021202020192018
Book Value / Share $0.76$0.54$1.33$2.57$5.25·$4.43·
Revenue / Share $3.09$3.06$2.97$2.67$3.02···
Cash Flow / Share $-0.63$-0.73$-0.82$-1.88$-1.27···
Cash / Share $1.41$1.25$2.14$3.77$6.15·$5.74·
EPS (TTM) $-0.93$-0.83$-1.34$-2.77$-1.68$-1.32··
Growth Rates 3
Metric Trend 20252024202320222021202020192018
Revenue YoY 19.7%5.9%15.3%-5.7%15.1%···
Revenue CAGR 3Y 13.5%4.8%7.8%·····
Revenue CAGR 5Y 9.7%·······
Valuation (TTM) 14
Metric Trend 20252024202320222021202020192018
Revenue TTM $67M$56M$53M$46M$48M$42M$40M·
Net Income TTM $-20M$-15M$-24M$-47M$-27M$-17M$-12M·
Market Cap $139M$72M$34M$40M$188M·$319M·
Enterprise Value $130M$71M$17M$6M$116M·$273M·
P/E -6.5-4.9-1.5-0.9-6.9-10.0··
P/S 2.11.30.60.93.9·7.9·
P/B 8.07.61.50.92.2·5.7·
P / Tangible Book 8.07.61.50.92.44.6··
P / Cash Flow -10.2-5.4-2.3-1.2-9.3·-32.9·
P / FCF -9.8-5.2-2.2-1.1-8.3·-31.5·
EV / EBITDA -10.9-5.9-0.8-0.1-5.0·-31.4·
EV / FCF -9.1-5.1-1.1-0.2-5.1·-27.0·
EV / Revenue 2.01.30.30.12.4·6.8·
Earnings Yield -15.3%-20.2%-67.3%-115.4%-14.4%-10.0%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312022-06-30
Revenue $67M $56M $53M $46M ·
Gross Margin % 58.3% 59.5% · · ·
Operating Margin % -21.1% -24.5% -43.5% -101.1% ·
Net Income $-20M $-15M $-24M $-47M ·
Diluted EPS $-0.93 $-0.83 $-1.34 $-2.77 ·

Institutional owners (13F) 60 filers · $40.2M total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 60
Value held $40.2M
New positions 8
Exited positions 11
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
8 (0 vs prior Q) 11 (-12 vs prior Q) 15 (-10 vs prior Q) 24 (+2 vs prior Q) -1.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $4,803,267 790,011 11.94% Shares
WEXFORD CAPITAL LP $3,686,776 792,855 9.16% Shares
NANO CAP NEW MILLENNIUM GROWTH FUND L P $3,138,750 675,000 7.80% Shares
VANGUARD CAPITAL MANAGEMENT LLC $2,849,669 612,832 7.08% Shares
FourWorld Capital Management LLC $2,773,855 596,528 6.89% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $2,393,639 514,761 5.95% Shares
KENNEDY CAPITAL MANAGEMENT LLC $2,255,473 485,048 5.61% Shares
Mink Brook Asset Management LLC $2,213,140 475,944 5.50% Shares
JANE STREET GROUP, LLC $1,499,635 322,502 3.73% Shares
First Eagle Investment Management, LLC $1,427,387 306,965 3.55% Shares
MARSHALL WACE, LLP $1,426,169 306,703 3.54% Shares
FLPUTNAM INVESTMENT MANAGEMENT CO $1,342,967 288,810 3.34% Shares
TWO SIGMA ADVISERS, LP $978,880 161,000 2.43% Shares
RTW INVESTMENTS, LP $906,750 195,000 2.25% Shares
GEODE CAPITAL MANAGEMENT, LLC $863,873 185,654 2.15% Shares
Man Group plc $777,908 167,292 1.93% Shares
BlackRock, Inc. $663,206 142,625 1.65% Shares
PERCEPTIVE ADVISORS LLC $534,252 114,893 1.33% Shares
XTX Topco Ltd $520,558 111,948 1.29% Shares
SEI INVESTMENTS CO $506,873 109,005 1.26% Shares
Squarepoint Ops LLC $506,817 108,993 1.26% Shares
VANGUARD FIDUCIARY TRUST CO $505,218 108,649 1.26% Shares
GWN SECURITIES INC. $362,858 78,034 0.90% Shares
STATE STREET CORP $331,340 71,256 0.82% Shares
DIMENSIONAL FUND ADVISORS LP $290,986 62,571 0.72% Shares
TWO SIGMA INVESTMENTS, LP $278,963 59,992 0.69% Shares
PERKINS CAPITAL MANAGEMENT INC $264,101 56,796 0.66% Shares
GOLDMAN SACHS GROUP INC $242,181 52,082 0.60% Shares
D. E. Shaw & Co., Inc. $231,161 49,712 0.57% Shares
RENAISSANCE TECHNOLOGIES LLC $184,140 39,600 0.46% Shares
NORTHERN TRUST CORP $183,735 39,513 0.46% Shares
Engineers Gate Manager LP $172,050 37,000 0.43% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $139,509 30,002 0.35% Shares
AXQ CAPITAL, LP $129,958 27,948 0.32% Shares
R Squared Ltd $121,239 26,073 0.30% Shares
Invesco Ltd. $98,268 21,133 0.24% Shares
Bank of New York Mellon Corp $97,362 20,938 0.24% Shares
Arax Advisory Partners $97,269 20,918 0.24% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $95,939 20,632 0.24% Shares
CITADEL ADVISORS LLC $66,927 14,393 0.17% Shares
Jump Financial, LLC $54,521 11,725 0.14% Shares
Corient Private Wealth LP $51,583 11,093 0.13% Shares
MORGAN STANLEY $29,472 6,338 0.07% Shares
Truvestments Capital LLC $26,314 5,659 0.07% Shares
BARCLAYS PLC $25,542 5,493 0.06% Shares
Vanguard Global Advisers, LLC $19,256 4,141 0.05% Shares
UBS Group AG $18,874 4,059 0.05% Shares
Tower Research Capital LLC (TRC) $13,801 2,968 0.03% Shares
WELLS FARGO & COMPANY/MN $11,100 2,387 0.03% Shares
OSAIC HOLDINGS, INC. $5,115 1,100 0.01% Shares

Show all 60 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
H.I.G. Bio-Exagen, L.P., H.I.G.-GPII, Inc., Anthony Tamer, Sami Mnaymneh Feb. 24, 2021 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 20 insiders · 3 officers · 6 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John Aballi President and CEO March 12, 2026 A 839,834 0 3 $-473,811
Jeffrey G. Black Chief Financial Officer Sept. 1, 2026 A 324,910 0 2 $-154,551
Thierry Dervieux Chief Scientific Officer Sept. 18, 2019 A · 0 0 $0
Frank Stokes Director June 9, 2026 A · 0 0 $0
Chas Mckhann Director June 9, 2026 A · 0 0 $0
Bruce C Robertson Director June 9, 2026 A · 0 0 $0
Paul Kim Director June 9, 2026 A · 0 0 $0
Scott D Kahn Director June 9, 2026 A · 0 0 $0
Ana Hooker · June 10, 2025 A · 0 0 $0
Tina Susan Nova · June 10, 2025 A · 0 0 $0
Kamal Adawi · March 4, 2024 S 243,749 0 0 $0
Wendy S. Johnson · June 9, 2023 A 1,000 0 0 $0
Brian Birk · June 9, 2023 A · 0 0 $0
Ebetuel Pallares · June 9, 2023 A 1,185 0 0 $0
Mark Hazeltine · March 2, 2023 S 190,205 0 0 $0
James L L Tullis · June 16, 2022 A 1,515,672 0 0 $0
Debra Zack · March 1, 2022 F 84,259 0 0 $0
Fortunato R. Rocca · March 1, 2022 F 120,678 0 0 $0
Chet Burrell · June 18, 2020 A · 0 0 $0
Jeffrey Thomas Elliott · June 18, 2020 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 8 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
QQQS · Invesco Exchange-Traded Fund Trust … 0.56% 16,342 SH Oct. 2, 2026 Daily
IWC · iShares Trust 0.03% 55,590 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.00% 25,070 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.00% 3,419 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 1,831 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 179,415 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 414,852 SH Aug. 19, 2026 Daily
DFAC · Dimensional ETF Trust 0.00% 3,498 NS July 31, 2026 N-PORT

XGN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 12 analysts BUY
Median target $10.00 +22.4%
3 25.0% Strong Buy
8 66.7% Buy
1 8.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

7 analysts · 2026-10-02

Mean target $10.14 +24.1%

← Below all targets Current price $8.17
Low$9.00 Mean$10.14 High$12.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
XGN $139M -6.5 19.7% -30.0% -103.7% 58.3%
CRBP $143M -1.4 · · -60.8% ·
UNCY $128M -3.5 -29.0% · -113.9% ·
GNLX $166M -5.1 0.00% -401812.5% -181.4% ·
COYA $121M -4.6 123.6% -267.1% -59.5% ·
IMDX $215M -4.5 115.6% -1238.5% 330.8% 56.7%
IMUX · -0.9 · · · ·
BDTX $139M 6.2 · 31.9% 18.3% ·
CADL $310M -7.8 · · -53.7% ·

Latest News Recent headlines mentioning this company

23

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26

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Source: SEC 10-Q filed Aug 4, 2026