Exagen Inc. (XGN)

Exagen Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	28.09	32.22	22.04	36.49	62.39	99.44
Cash & Short-Term Investments	28.09	32.22	22.04	36.49	62.39	99.44
Cash Growth	-21.20%	46.22%	-39.62%	-41.51%	-37.26%	73.10%
Receivables	11.48	10.86	7.84	6.55	6.08	9.65
Inventory	-	3.3	5.73	2.87	1.8	1.09
Prepaid Expenses	5.76	1.34	0.86	1.93	2.35	2.55
Other Current Assets	-	1.18	-	-	-	-
Total Current Assets	45.33	48.89	36.46	47.84	72.61	112.73
Property, Plant & Equipment	9.41	8.37	7.68	8.49	13.08	4.77
Goodwill	-	-	-	-	-	5.51
Other Long-Term Assets	0.61	0.76	0.55	0.62	0.53	0.43
Total Assets	55.35	58.02	44.69	56.94	86.22	123.45

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3.75	4.15	4.14	3.13	3.05	2.49
Accrued Expenses	5.57	6.33	6.92	7.04	4.2	6.24
Current Portion of Long-Term Debt	0.45	0.64	0.42	0.26	0.19	-
Current Portion of Leases	1.93	2.36	1.3	1.47	1.74	0.59
Current Unearned Revenue	1.4	0.68	0.73	-	-	-
Other Current Liabilities	-	-	-	-	0.45	-
Total Current Liabilities	13.1	14.16	13.51	11.9	9.62	9.32
Long-Term Debt	22.36	22.26	19.82	19.23	28.78	27.48
Long-Term Leases	4.02	2.4	1.82	3.12	5.34	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.31
Other Long-Term Liabilities	2.1	1.75	-	-	0.02	1.41
Total Liabilities	41.58	40.57	35.15	34.25	43.76	38.51

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.03	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	341.53	331.71	303.85	301.89	297.97	293.06
Retained Earnings	-327.78	-314.28	-294.33	-279.22	-255.53	-208.14
Total Common Equity	13.78	17.45	9.54	22.69	42.46	84.94
Shareholders' Equity	13.78	17.45	9.54	22.69	42.46	84.94
Total Liabilities & Equity	55.35	58.02	44.69	56.94	86.22	123.45

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	28.76	27.67	23.36	24.08	36.05	28.07
Net Cash (Debt)	-0.67	4.55	-1.33	12.42	26.34	71.38
Net Cash Growth	-	-	-	-52.87%	-63.09%	134.17%
Net Cash Per Share	-0.03	0.21	-0.07	0.70	1.54	4.47
Filing Date Shares Outstanding	25.42	24.05	17.9	17.24	16.83	16.23
Total Common Shares Outstanding	25.42	22.91	17.64	17.05	16.55	16.16
Working Capital	32.23	34.73	22.95	35.94	62.99	103.42
Book Value Per Share	0.54	0.76	0.54	1.33	2.57	5.25
Tangible Book Value	13.78	17.45	9.54	22.69	42.46	79.43
Tangible Book Value Per Share	0.54	0.76	0.54	1.33	2.57	4.91
Machinery	-	6.77	5.21	5.1	3.92	3.15
Construction In Progress	-	0.29	1.54	0.06	1.38	1.86
Leasehold Improvements	-	3.31	3.26	3.32	5.22	1.15

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 15, 2026

Data Sources Report a data error