MDxHealth SA (FRA:O6C1)
€ 0.11 +0.025 (+30.91%) Market Cap: 20.59 Mil Enterprise Value: 75.00 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 49/100

Q2 2026 MDxHealth SA Earnings Call Transcript

Aug 13, 2026 / 08:30 PM GMT
Release Date Price: €0.108 (+30.91%)

Key Points

Positve
  • MDxHealth SA (MDXH) delivered a 14% sequential revenue increase in Q2 2026, the largest quarter-over-quarter acceleration in company history.
  • The company successfully transitioned all Resolve customers by the end of Q2, maintaining customer relationships and building credibility.
  • MDxHealth SA (MDXH) eliminated a $10.4 million contingent liability to Novitas by winding down its Plano, Texas lab operations.
  • The company strengthened its balance sheet with a $20 million registered direct financing at market price with no discount or warrants.
  • Management reaffirmed full-year 2026 revenue guidance of $110 million to $115 million and expects to return to positive adjusted EBITDA by year-end.
Negative
  • Gross margins decreased by 2.9 percentage points year-over-year to 65.7%, primarily due to a shift in product mix toward liquid-based tests.
  • Operating loss widened to $5.1 million in Q2 2026, compared to a $1.5 million loss in the prior year period, driven by ExoDx acquisition costs.
  • Net loss increased 36% year-over-year to $9.5 million, reflecting higher operating expenses from the ExoDx acquisition.
  • Adjusted EBITDA turned negative at -$2.3 million in Q2 2026, versus a positive $1.1 million in Q2 2025.
  • Tissue-based test volumes remained flat year-over-year, with management acknowledging the need to return to prior growth rates to meet guidance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MDXH.OQ - MDxHealth SA
Q2 2026 MDxHealth SA Earnings Call
Aug 13, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome everyone joining today's MDX Health Second Quarter 2026 Earnings Conference Call.

At this time, all participants are in a listen-only mode.

Later, you will have the opportunity to ask questions during the question-and-answer session.

To register to ask a question at any time, please press star one on your telephone keypad.

Please note this call is being recorded and we are standing by if you should need any assistance.

It is now my pleasure to turn the meeting over to John Francis with LifeSci Advisors. Please go ahead.

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Unidentified_2 [2]
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