10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026)
10x Genomics (TXG) posted Asset Utilization Ratio of 0.62 for Q1 2026, little changed sequentially from 0.62 in Q4 2025, and down 9.43% YoY from 0.69 in Q1 2025.
10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
10x Genomics has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.62 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 9.43% year-over-year to 0.62 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.62 (down 9.43% YoY) and the FY2025 annual result came in at 0.66, up 1.15% from the prior year.
- Asset Utilization Ratio steadied at 0.62 in Q1 2026 per TXG's latest filing, from 0.62 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.69 in Q1 2025 and troughed at 0.49 in Q1 2022.
- A 5-year average of 0.6 and a median of 0.62 in 2025 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio jumped 39.72% in 2022, then dropped 9.43% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.51 in 2022, then advanced by 26.79% to 0.65 in 2023, then rose by 1.76% to 0.66 in 2024, then decreased by 5.56% to 0.62 in 2025, then dropped by 0.07% to 0.62 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.62, 0.62, and 0.64 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.36 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 0.60 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.93 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.21 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.59 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 0.58 |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60 |
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.67 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.66 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.61 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.47 |