10x Genomics (TXG) Asset Utilization Ratio (2019 - 2026)
10x Genomics recorded quarterly Asset Utilization Ratio of 0.62 in Q1 2026, little changed quarter-over-quarter from 0.62 in Q4 2025, and down 9.43% year-over-year from 0.69 in Q1 2025.
10x Genomics' Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.62 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 9.43% year-over-year to 0.62; the TTM figure through Mar 2026 stood at 0.62 (down 9.43% YoY), while the FY2025 annual figure 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.
- 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 soared 39.72% in 2022 and slipped 9.43% in 2026, its largest moves.
- 10x Genomics' Asset Utilization Ratio stood at 0.51 in 2022, then gained by 26.79% to 0.65 in 2023, then increased by 1.76% to 0.66 in 2024, then retreated by 5.56% to 0.62 in 2025, then slipped 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 | 30.85 Bn | 24.28 Bn | 622.47 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 0.88 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 0.57 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 0.20 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 0.62 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 0.62 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 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 |
| Mar 31, 2021 | 0.35 |
| Dec 31, 2020 | 0.30 |
| Sep 30, 2020 | 0.32 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.43 |
| Dec 31, 2019 | 0.42 |