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Investor Relations14 Oct 2025
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MDxHealth (MDXH) investor relations material
MDxHealth Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary5 Aug, 2025
Executive summary
Achieved Q2 2025 revenue of $26.6M, up 20% year-over-year, marking the 17th consecutive quarter of 20%+ growth.
Reported first quarter of positive adjusted EBITDA at $1.4M, a $6.2M improvement over prior year.
Announced acquisition of ExoDx business from Bio-Techne for $15M, expected to accelerate revenue growth and be immediately accretive to EBITDA.
Positioned as sole provider of comprehensive prostate cancer diagnostic solutions, with expanded test menu and strong sales execution.
Reaffirmed 2025 revenue guidance of $108–110M.
Financial highlights
Q2 2025 revenue: $26.6M (+20% year-over-year); H1 2025 revenue: $50.9M (+21% year-over-year).
Gross profit rose 32% to $17.6M, with gross margin improving to 66% from 60% in Q2 2024.
Operating loss declined 74% to $1.9M; net loss decreased 36% to $7.4M.
Adjusted EBITDA for Q2: $1.4M (vs. -$4.9M prior year); H1 adjusted EBITDA neutral (vs. -$9.4M prior year).
Cash and cash equivalents stood at $32.8M as of June 30, 2025.
Outlook and guidance
2025 revenue guidance reaffirmed at $108–110M.
Expects ExoDx acquisition to close in September 2025 and be accretive to adjusted EBITDA in Q4 2025.
Anticipates ExoDx to contribute over $20M in revenue in 2026 and accelerate growth rate to ~30%.
Forecasts 2026 adjusted EBITDA margins approaching 10%.
Will provide more detailed financial impact of ExoDx acquisition in Q3 results call.
What market dynamics drove ExoDx acquisition?
Will ExoDx sales reps join MDxHealth?
How will ExoDx impact gross margin profile?
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Next MDxHealth earnings date
Q3 202512 Nov, 2025
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Frequently asked questions
MDxHealth SA is a molecular diagnostics company focused on the development and commercialization of genomic tests for cancer. Specializing in urologic oncology, the company provides non-invasive tests that assist in the diagnosis and management of prostate and bladder cancers. MDxHealth’s tests use epigenetic and genetic markers to deliver accurate, personalized insights that support healthcare providers in making informed treatment decisions. The company is headquartered in Herstal, Belgium, and its shares are listed on the Euronext Brussels and the Nasdaq.
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