10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026)

10x Genomics' (TXG) quarterly Asset Utilization Ratio came in at 0.62 in Q1 2026, down 9.43% year-on-year from 0.69 in Q1 2025, and little changed quarter-over-quarter from 0.62 in Q4 2025.

10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

10x Genomics has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.62 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.62, down 9.43% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.62 (down 9.43% YoY), and the FY2025 annual result was 0.66, up 1.15% from the prior year.
  • Asset Utilization Ratio came in at 0.62 for Q1 2026 at 10x Genomics, roughly flat from 0.62 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.69 in Q1 2025 to a low of 0.49 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.62 (2025), against an average of 0.6.
  • Across the five-year window, Asset Utilization Ratio surged 39.72% in 2022 and decreased 9.43% in 2026, its largest moves.
  • 10x Genomics' Asset Utilization Ratio stood at 0.51 in 2022, then rose by 26.79% to 0.65 in 2023, then grew by 1.76% to 0.66 in 2024, then fell by 5.56% to 0.62 in 2025, then decreased by 0.07% to 0.62 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.62 (Q1 2026), 0.62 (Q4 2025), and 0.64 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 0.37
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.16
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 0.40
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 0.88
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 0.62
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 0.57
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 0.20
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 1.61
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 0.62
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 0.89

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.42