MDxHealth S.A. (MDXH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 |
|---|
| Sales/Revenue | 54.66M | 26.61M | 48.06M | 41.99M | 38.75M | 31.45M | 24.05M | 13.01M | 11.51M | 10.73M | 8.58M | 9.88M | 912K | 10.87M | 11.2M | 17.2M | 16.25M | 24.26M | 17.02M | 12.95M |
| Revenue Growth % | 13.75% | -36.64% | 24.02% | 33.54% | 61.15% | 141.72% | 108.94% | 21.23% | 34.13% | 8.61% | 840.79% | -9.13% | -91.86% | -36.78% | -31.09% | -29.1% | -4.56% | 87.41% | 74.08% | 64.69% |
| Cost of Goods Sold | 25.36M | 9.04M | 18.26M | 16.64M | 13.52M | 12.74M | 10.6M | 7.24M | 6.31M | 5.52M | 5.22M | 5.19M | 5.85M | 5.91M | 4.98M | 6.67M | 5.2M | 5M | 5.62M | 4.49M |
| COGS % of Revenue | 46.39% | 33.97% | 38.01% | 39.64% | 34.9% | 40.52% | 44.08% | 55.63% | 54.84% | 51.4% | 60.86% | 52.57% | 641.01% | 54.35% | 44.46% | 38.8% | 32.03% | 20.61% | 32.98% | 34.67% |
| Gross Profit | 29.31M | 17.57M | 29.79M | 25.35M | 25.22M | 18.7M | 13.45M | 5.77M | 5.2M | 5.21M | 3.36M | 4.69M | -4.93M | 4.96M | 6.22M | 10.53M | 11.04M | 19.26M | 11.41M | 8.46M |
| Gross Margin % | 53.61% | 66.03% | 61.99% | 60.36% | 65.1% | 59.48% | 55.92% | 44.37% | 45.16% | 48.6% | 39.14% | 47.43% | -541.01% | 45.65% | 55.54% | 61.2% | 67.97% | 79.39% | 67.02% | 65.33% |
| Gross Profit Growth % | -1.63% | -30.7% | 18.11% | 35.52% | 87.58% | 224.06% | 158.75% | 10.68% | 54.76% | 11.29% | 168.06% | -5.6% | -179.34% | -52.84% | -43.69% | -45.35% | -3.21% | 127.75% | 99.79% | 68.33% |
| Operating Expenses | 40.88M | 19.48M | 40.49M | 39.37M | 36.09M | 35.16M | 34.32M | 22.8M | 19.59M | 17.66M | 17.49M | 17.67M | 24.47M | 18.83M | 23.7M | 25.48M | 24M | 18.71M | 17.07M | 15.98M |
| OpEx % of Revenue | 74.78% | 73.23% | 84.26% | 93.76% | 93.14% | 111.83% | 142.75% | 175.22% | 170.27% | 164.55% | 203.88% | 178.89% | 2683.22% | 173.15% | 211.64% | 148.13% | 147.69% | 77.12% | 100.29% | 123.48% |
| Selling, General & Admin | 16.88M | 16.16M | 31.92M | 31.86M | 28.03M | 28.94M | 30.64M | 19.48M | -7.33M | 14.99M | 15.14M | 15.6M | 16.14M | 16.87M | 21.12M | 23.68M | 21.24M | 17.9M | 15.83M | 15.12M |
| SG&A % of Revenue | 30.89% | 60.73% | 66.42% | 75.87% | 72.33% | 92.02% | 127.42% | 149.77% | -63.71% | 139.65% | 176.45% | 157.93% | 1769.63% | 155.12% | 188.59% | 137.69% | 130.72% | 73.8% | 92.99% | 116.81% |
| Research & Development | 10.35M | 2.57M | 5.49M | 5.07M | 1.02M | 2.2M | 3.97M | 3.58M | 3.85M | 2.82M | 2.41M | 2.13M | 7.03M | 1.97M | 2.38M | 1.9M | 2.67M | 832K | 920K | 1.06M |
| R&D % of Revenue | 18.93% | 9.65% | 11.41% | 12.07% | 2.64% | 7% | 16.52% | 27.56% | 33.45% | 26.31% | 28.12% | 21.56% | 770.5% | 18.12% | 21.27% | 11.03% | 16.45% | 3.43% | 5.4% | 8.17% |
| Other Operating Expenses | 1000K | 759K | 1000K | 1000K | 1000K | 1000K | -285K | -274K | 1000K | -151K | -59K | -29.5K | -1000K | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K |
| Operating Income | -11.57M | -1.92M | -10.7M | -14.02M | -10.87M | -16.46M | -20.88M | -17.02M | -14.4M | -12.44M | -14.13M | -12.99M | -26.16M | -13.86M | -17.15M | -14.95M | -12.83M | 552K | -5.32M | -7.53M |
| Operating Margin % | -21.16% | -7.2% | -22.27% | -33.39% | -28.05% | -52.35% | -86.82% | -130.86% | -125.11% | -115.95% | -164.74% | -131.46% | -2868.42% | -127.5% | -153.13% | -86.93% | -78.94% | 2.28% | -31.24% | -58.15% |
| Operating Income Growth % | -8.12% | 86.34% | 1.54% | 14.81% | 47.95% | 3.31% | -45% | -36.81% | -1.86% | 4.2% | 45.97% | 6.31% | -52.57% | 7.28% | -33.68% | -2808.7% | -141.18% | 107.33% | 40.29% | -37.5% |
| EBITDA | -6.89M | 350K | -6.36M | -10.32M | -7.42M | -13.05M | -17.54M | -15.45M | -12.88M | -11.46M | -12.03M | -11.31M | -24.45M | -12.16M | -15.66M | -13.47M | -12.74M | 1.43M | -4.43M | -6.7M |
| EBITDA Margin % | -12.61% | 1.32% | -13.23% | -24.59% | -19.15% | -41.49% | -72.96% | -118.74% | -111.89% | -106.79% | -140.25% | -114.5% | -2680.59% | -111.85% | -139.85% | -78.33% | -78.39% | 5.91% | -26% | -51.75% |
| EBITDA Growth % | -8.4% | 103.39% | 14.3% | 20.88% | 57.71% | 15.53% | -36.25% | -34.79% | -7% | -1.3% | 50.78% | 6.97% | -56.12% | 9.73% | -22.94% | -1040.13% | -187.71% | 121.39% | 47.95% | -26.95% |
| D&A (Non-Cash Add-back) | 4.68M | 2.27M | 4.34M | 3.7M | 3.45M | 3.41M | 3.33M | 1.58M | 1.52M | 983.25K | 2.1M | 1.68M | 1.71M | 1.7M | 1.49M | 1.48M | 89K | 881K | 891K | 829K |
| EBIT | -11.57M | -1.5M | -10.5M | -12.65M | -20.49M | -16.46M | -24.47M | -17M | -14.69M | -12.44M | -13.86M | -12.99M | -23.01M | -13.86M | -17.15M | -14.95M | -12.83M | 552K | -5.32M | -7.53M |
| Net Interest Income | -9.22M | -5.87M | -6.95M | -3.07M | -9.9M | -2.99M | -1.76M | -1.08M | -1.23M | -468.75K | -672.5K | -672.5K | -79.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | -840K | 420K | 197K | 1.59M | 564K | 0 | 59K | 27K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 8.38M | 6.29M | 7.14M | 4.66M | 10.46M | 2.99M | 1.82M | 1.11M | 1.23M | 468.75K | 672.5K | 672.5K | 159K | 159K | 41K | 41K | 0 | 0 | 0 | 0 |
| Other Income/Expense | -8.23M | -5.87M | -6.95M | -6.02M | -9.9M | -5.88M | -5.06M | -1.08M | -1.3M | -856K | -818K | -721K | -281K | -225K | -248K | -145K | -57K | -70K | -295K | -146K |
| Pretax Income | -19.8M | -7.79M | -17.65M | -20.04M | -20.76M | -22.34M | -25.94M | -18.1M | -15.7M | -13.3M | -14.95M | -13.71M | -29.59M | -14.09M | -17.39M | -15.1M | -12.88M | 482K | -5.61M | -7.67M |
| Pretax Margin % | -36.22% | -29.27% | -36.72% | -47.72% | -53.59% | -71.03% | -107.89% | -139.16% | -136.45% | -123.93% | -174.28% | -138.76% | -3244.19% | -129.57% | -155.35% | -87.77% | -79.29% | 1.99% | -32.97% | -59.28% |
| Income Tax | -1.02M | -416K | 382K | 0 | 1K | 0 | -1K | 1K | 0 | 0 | 0 | 0 | -625K | 50K | -57K | 16K | -57K | -56K | -57K | -56K |
| Effective Tax Rate % | 5.18% | 5.34% | -2.16% | 0% | -0% | 0% | 0% | -0.01% | 0% | 0% | 0% | 0% | 2.11% | -0.35% | 0.33% | -0.11% | 0.44% | -11.62% | 1.02% | 0.73% |
| Net Income | -18.77M | -7.37M | -18.03M | -20.04M | -20.77M | -22.34M | -25.94M | -18.1M | -15.7M | -13.3M | -14.95M | -13.71M | -28.96M | -14.14M | -17.34M | -15.11M | -12.83M | 538K | -5.56M | -7.62M |
| Net Margin % | -34.35% | -27.71% | -37.52% | -47.72% | -53.59% | -71.03% | -107.88% | -139.17% | -136.45% | -123.93% | -174.28% | -138.76% | -3175.66% | -130.03% | -154.84% | -87.87% | -78.94% | 2.22% | -32.63% | -58.85% |
| Net Income Growth % | -4.13% | 63.21% | 13.17% | 10.28% | 19.95% | -23.37% | -65.19% | -36.13% | -5.02% | 2.99% | 48.37% | 3.03% | -67.05% | 6.45% | -35.17% | -2909.11% | -130.85% | 107.06% | 38.19% | -38.91% |
| Net Income (Continuing) | -18.77M | -7.37M | -18.03M | -20.04M | -20.77M | -22.34M | -25.94M | -18.1M | -15.7M | -13.3M | -14.95M | -13.71M | -28.96M | -14.14M | -17.34M | -15.11M | -12.83M | 538K | -5.56M | -7.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.37 | -0.30 | -0.38 | -0.73 | -0.76 | -1.02 | -2.13 | -1.52 | -1.29 | -1.20 | -1.66 | -1.80 | -4.38 | -2.40 | -2.92 | -2.70 | -2.58 | 0.10 | -1.18 | -1.68 |
| EPS Growth % | 2.63% | 58.9% | 50% | 28.43% | 64.32% | 32.89% | -65.12% | -26.67% | 22.29% | 33.33% | 62.1% | 25% | -50% | 11.11% | -13.18% | -2800% | -118.64% | 105.95% | 49.57% | -35.48% |
| EPS (Basic) | -0.37 | -0.30 | -0.54 | -0.73 | -0.76 | -1.02 | -2.13 | -1.34 | -1.29 | -1.20 | -1.66 | -1.80 | -4.38 | -2.40 | -2.92 | -2.70 | -2.60 | 0.10 | -1.20 | -1.70 |
| Diluted Shares Outstanding | 50.03M | 48.47M | 48.86M | 27.29M | 27.29M | 27.04M | 12.19M | 12.19M | 12.19M | 11.86M | 9.02M | 7.62M | 6.63M | 5.89M | 5.93M | 5.6M | 4.99M | 5.38M | 4.69M | 4.53M |
| Basic Shares Outstanding | 50.03M | 48.47M | 48.86M | 27.29M | 27.29M | 27.04M | 12.19M | 12.19M | 12.19M | 11.86M | 9.02M | 7.62M | 6.63M | 5.89M | 5.93M | 5.6M | 4.91M | 5.38M | 4.6M | 4.48M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |