10x Genomics (TXG) Cost of Revenue (2018 - 2026)
10x Genomics' (TXG) quarterly Cost of Revenue came in at $44.7 million in Q1 2026, down 9.65% year-on-year from $49.4 million in Q1 2025, and down 15.7% quarter-over-quarter from $53.0 million in Q4 2025.
10x Genomics (TXG) Cost of Revenue (2018 - 2026) Analysis & Trends
10x Genomics has disclosed Cost of Revenue across 9 years of filings, most recently posting $44.7 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $44.7 million, down 9.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $194.2 million (down 1.76% YoY), and the FY2025 annual result was $198.9 million, up 1.34% from the prior year.
- Cost of Revenue came in at $44.7 million for Q1 2026 at 10x Genomics, down from $53.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $68.2 million in Q4 2023 to a low of $25.5 million in Q1 2022.
- The 5-year median for Cost of Revenue is $47.8 million (2025), against an average of $45.3 million.
- Across the five-year window, Cost of Revenue soared 463.66% in 2022 and retreated 22.12% in 2024, its largest moves.
- 10x Genomics' Cost of Revenue stood at $36.8 million in 2022, then soared by 85.18% to $68.2 million in 2023, then slipped by 20.72% to $54.1 million in 2024, then retreated by 2.0% to $53.0 million in 2025, then dropped by 15.7% to $44.7 million in 2026.
- The last three Cost of Revenue figures came in at $44.7 million (Q1 2026), $53.0 million (Q4 2025), and $48.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 111.12 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 28.07 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 44.67 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 112.73 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 45.83 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 51.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 68.20 Mn |
| Dec 31, 2023 | 68.20 Mn |