Quanterix (QTRX) Raw Materials (2017 - 2024)
Quanterix (QTRX) posted Raw Materials of $6.4 million for Q1 2024, up 24.54% on a QoQ basis from $5.1 million in Q4 2023, and up 47.74% year-over-year from $4.3 million in Q2 2023.
Quanterix (QTRX) Raw Materials (2017 - 2024) Analysis & Trends
Quanterix's Raw Materials history runs 8 years deep, the most recent figure standing at $6.4 million for Q1 2024.
- Quarterly Raw Materials rose 47.74% year-over-year to $6.4 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $6.4 million (up 47.74% YoY) and the FY2023 annual result came in at $5.1 million, down 7.17% from the prior year.
- Raw Materials was $6.4 million for Q1 2024 at Quanterix, up from $5.1 million in the prior quarter.
- Across five years, Raw Materials topped out at $9.2 million in Q1 2022 and bottomed at $4.3 million in Q1 2023.
- A 5-year average of $6.4 million and a median of $6.0 million in 2021 frame the typical range for Raw Materials.
- Annual changes were most pronounced in 2020 — Raw Materials jumped 70.99% — and 2023, when it sank 53.14%.
- Quanterix's Raw Materials stood at $5.3 million in 2020, then surged by 49.9% to $7.9 million in 2021, then sank by 30.2% to $5.5 million in 2022, then slipped by 7.17% to $5.1 million in 2023, then rose by 24.54% to $6.4 million in 2024.
- Business Quant data shows QTRX's Raw Materials at $6.4 million in Q1 2024, $5.1 million in Q4 2023, and $5.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - |
| 10 | Quanterix | 184.16 Mn | 84.89 Mn | 15.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 6.37 Mn |
| Dec 31, 2023 | 5.11 Mn |
| Sep 30, 2023 | 5.13 Mn |
| Jun 30, 2023 | 4.97 Mn |
| Mar 31, 2023 | 4.31 Mn |
| Dec 31, 2022 | 5.51 Mn |
| Sep 30, 2022 | 7.47 Mn |
| Jun 30, 2022 | 8.71 Mn |
| Mar 31, 2022 | 9.20 Mn |
| Dec 31, 2021 | 7.89 Mn |
| Sep 30, 2021 | 9.03 Mn |
| Jun 30, 2021 | 6.57 Mn |
| Mar 31, 2021 | 5.61 Mn |
| Dec 31, 2020 | 5.27 Mn |
| Sep 30, 2020 | 6.48 Mn |
| Mar 31, 2020 | 5.13 Mn |
| Dec 31, 2019 | 4.72 Mn |
| Sep 30, 2019 | 5.42 Mn |
| Jun 30, 2019 | 3.72 Mn |
| Mar 31, 2019 | 3.00 Mn |