XGN (XGN) financial statements
XGN reported revenue of $67M in fiscal 2025, up 10.8% a year over 7 years.
Net income was -$20M and the operating margin -21.1%, against -15.0% in 2018.
Free cash flow was -$14M.
The diluted share count rose 34117% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from XGN's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32M | $40M | $42M | $48M | $46M | $53M | $56M | $67M |
| Cost of revenue | $15M | $19M | $17M | $21M | $24M | $23M | $23M | $28M |
| Gross profit | $17M | $22M | $25M | $28M | $21M | $29M | $33M | $39M |
| Research and development | $2M | $2M | $4M | $7M | $10M | $5M | $5M | $6M |
| Selling, general and admin | $20M | $29M | $37M | $45M | $52M | $47M | $41M | $47M |
| Operating income | -$5M | -$9M | -$15M | -$24M | -$46M | -$23M | -$14M | -$14M |
| Interest expense | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $4M |
| Income tax | $58,000 | $25,000 | -$79,000 | $175,000 | -$282,000 | $33,000 | $12,000 | $51,000 |
| Net income | -$8M | -$12M | -$17M | -$27M | -$47M | -$24M | -$15M | -$20M |
| EPS (diluted) | -$293.34 | -$8.46 | -$1.32 | -$1.68 | -$2.77 | -$1.34 | -$0.83 | -$0.93 |
| Diluted shares | 0M | 4M | 13M | 16M | 17M | 18M | 18M | 22M |
| Gross margin | 52.6% | 53.4% | 60.6% | 57.4% | 46.9% | 56.1% | 59.5% | 58.3% |
| Operating margin | -15.0% | -23.0% | -36.2% | -49.8% | -101.1% | -43.5% | -24.5% | -21.1% |
| Net margin | -24.7% | -29.8% | -39.8% | -55.6% | -104.0% | -45.1% | -27.2% | -30.0% |
Balance sheet
Fiscal years, from XGN's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $13M | $72M | $57M | $99M | $62M | $36M | $22M | $32M |
| Receivables | $6M | $6M | $9M | $10M | $6M | $7M | $8M | $11M |
| Total current assets | $21M | $81M | $71M | $113M | $73M | $48M | $36M | $49M |
| Property, plant and equipment | $2M | $1M | $2M | $5M | $8M | $5M | $5M | $7M |
| Goodwill | $6M | $6M | $6M | $6M | $0 | — | — | — |
| Total assets | $29M | $88M | $78M | $123M | $86M | $57M | $45M | $58M |
| Total current liabilities | $9M | $6M | $9M | $9M | $10M | $12M | $14M | $14M |
| Long-term debt | $25M | $26M | $27M | $27M | $29M | $19M | $20M | $22M |
| Total liabilities | $36M | $33M | $37M | $39M | $44M | $34M | $35M | $41M |
| Shareholders' equity | -$112M | $56M | $42M | $85M | $42M | $23M | $10M | $17M |
| Net debt | $11M | -$46M | -$31M | -$72M | -$33M | -$17M | -$2M | -$9M |
Cash flow
Fiscal years, from XGN's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$9M | -$10M | -$14M | -$20M | -$32M | -$14M | -$13M | -$14M |
| Capital spending | $199,000 | $403,000 | $455,000 | $2M | $4M | $828,000 | $515,000 | $641,000 |
| Free cash flow | -$10M | -$10M | -$15M | -$23M | -$36M | -$15M | -$14M | -$14M |
| Stock-based compensation | $114,000 | $572,000 | $3M | $5M | $5M | $4M | $2M | $2M |
| Net borrowing | $5M | $0 | — | — | $0 | -$10M | $0 | — |
| Free cash flow margin | -29.3% | -25.0% | -34.6% | -46.9% | -80.0% | -29.1% | -24.8% | -21.4% |
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Open XGN in InvestinglyQuestions
What was XGN's revenue in 2025?
$67M in fiscal 2025, from its 10-K filing.
How much free cash flow does XGN generate?
-$14M in fiscal 2025 (operating cash flow minus capital spending).
From XGN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.