10x Genomics (TXG) Cost of Revenue (2018 - 2026)
10x Genomics (TXG) posted Cost of Revenue of $44.7 million for Q1 2026, down 15.7% sequentially from $53.0 million in Q4 2025, and down 9.65% YoY from $49.4 million in Q1 2025.
10x Genomics (TXG) Cost of Revenue (2018 - 2026) Analysis & Trends
10x Genomics has reported Cost of Revenue for 9 years, with the latest figure at $44.7 million in Q1 2026.
- Quarterly Cost of Revenue fell 9.65% year-over-year to $44.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $194.2 million (down 1.76% YoY) and the FY2025 annual result came in at $198.9 million, up 1.34% from the prior year.
- Cost of Revenue fell to $44.7 million in Q1 2026 per TXG's latest filing, from $53.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $68.2 million in Q4 2023 and troughed at $25.5 million in Q1 2022.
- A 5-year average of $45.3 million and a median of $47.8 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 463.66% in 2022, then slipped 22.12% in 2024.
- Over 5 years, Cost of Revenue stood at $36.8 million in 2022, then surged by 85.18% to $68.2 million in 2023, then declined by 20.72% to $54.1 million in 2024, then slipped by 2.0% to $53.0 million in 2025, then fell by 15.7% to $44.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $44.7 million, $53.0 million, and $48.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 40.11 Bn | 32.80 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 12.26 Bn | 11.70 Bn | 492.75 Mn | 271.40 Mn |
| 3 | Healthequity | 8.80 Bn | 8.53 Bn | 256.31 Mn | 98.33 Mn |
| 4 | 10x Genomics | 8.39 Bn | 7.84 Bn | 112.50 Mn | 38.54 Mn |
| 5 | Hinge Health | 7.03 Bn | 6.65 Bn | 183.95 Mn | 28.87 Mn |
| 6 | MiniMed | 5.12 Bn | 4.82 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.86 Bn | 4.67 Bn | 221.99 Mn | 97.69 Mn |
| 8 | Doximity | 4.60 Bn | 3.91 Bn | 132.93 Mn | 23.69 Mn |
| 9 | Heartflow | 4.38 Bn | 4.00 Bn | 53.19 Mn | 10.89 Mn |
| 10 | Privia Health | 2.65 Bn | 2.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.54 Mn |
| Jun 30, 2026 | 38.54 Mn |
| Mar 31, 2026 | 44.67 Mn |
| Mar 31, 2026 | 44.67 Mn |
| Dec 31, 2025 | 52.99 Mn |
| Dec 31, 2025 | 52.99 Mn |
| Sep 30, 2025 | 48.70 Mn |
| Sep 30, 2025 | 48.70 Mn |
| Jun 30, 2025 | 47.82 Mn |
| Jun 30, 2025 | 47.82 Mn |
| Mar 31, 2025 | 49.44 Mn |
| Mar 31, 2025 | 49.44 Mn |
| Dec 31, 2024 | 54.07 Mn |
| Dec 31, 2024 | 54.07 Mn |
| Sep 30, 2024 | 45.26 Mn |
| Sep 30, 2024 | 45.26 Mn |
| Jun 30, 2024 | 48.88 Mn |
| Jun 30, 2024 | 48.88 Mn |
| Mar 31, 2024 | 48.09 Mn |
| Mar 31, 2024 | 48.09 Mn |