10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026)
10x Genomics (TXG) reported Asset Utilization Ratio of 0.62 for Q1 2026, down 9.43% on a YoY basis from 0.69 in Q1 2025, and little changed sequentially from 0.62 in Q4 2025.
10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
10x Genomics (TXG) has 8 years of Asset Utilization Ratio data on file, last reported at 0.62 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 9.43% year-over-year to 0.62; the trailing twelve-month figure through Mar 2026 stood at 0.62 (down 9.43% YoY), and the FY2025 full-year result was 0.66, up 1.15% from the prior year.
- Asset Utilization Ratio steadied at 0.62 in Q1 2026, 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.
- A 5-year average of 0.6 and a median of 0.62 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio surged 39.72% in 2022 and decreased 9.43% in 2026, its largest moves.
- Tracing TXG's Asset Utilization Ratio over 5 years: stood at 0.51 in 2022, then increased by 26.79% to 0.65 in 2023, then climbed by 1.76% to 0.66 in 2024, then declined by 5.56% to 0.62 in 2025, then retreated by 0.07% to 0.62 in 2026.
- Business Quant data shows TXG's Asset Utilization Ratio at 0.62 in Q1 2026, 0.62 in Q4 2025, and 0.64 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | 0.62 |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 0.20 |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 0.57 |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | 1.61 |
| 10 | Omnicell | 1.89 Bn | 1.65 Bn | 140.36 Mn | 0.62 |
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 |