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| Date | Value |
|---|---|
| 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 |