Exagen Inc. (NASDAQ:XGN) Reports Record 2025 Revenue and Provides 2026 Outlook

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Exagen Inc. (NASDAQ:XGN) reported record 2025 annual revenue of $66.58 million, a 20% increase over the previous year, driven by higher test volumes and improved pricing for its AVISE CTD test. Despite missing Q4 2025 revenue and EPS estimates, the company highlighted significant operational achievements and a strengthened financial position, ending the year with $32.2 million in cash. Exagen provided 2026 revenue guidance of $70 million to $73 million, slightly below analyst consensus, as it continues its path toward cash flow positivity.

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