10x Genomics (TXG) Net Margin (2018 - 2026)
10x Genomics (TXG) posted Net Margin of 8.93% for Q1 2026, up 8.77% sequentially from 9.79% in Q4 2025, and up 1325.0% YoY from 0.63% in Q1 2025.
10x Genomics (TXG) Net Margin (2018 - 2026) Analysis & Trends
10x Genomics has reported Net Margin for 9 years, with the latest figure at 8.93% in Q1 2026.
- Quarterly Net Margin rose 1325.0% year-over-year to 8.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.55% (up 2159.0% YoY) and the FY2025 annual result came in at 6.77%, up 2313.0% from the prior year.
- Net Margin grew to 8.93% in Q1 2026 per TXG's latest filing, from 9.79% in the prior quarter.
- Over five years, Net Margin peaked at 19.97% in Q2 2025 and troughed at 60.52% in Q3 2023.
- A 5-year average of 27.27% and a median of 26.61% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin plunged 4670 bps in 2022, then jumped 4473 bps in 2025.
- Over 5 years, Net Margin stood at 11.02% in 2022, then plunged by 141 bps to 26.61% in 2023, then dropped by 12 bps to 29.71% in 2024, then surged by 67 bps to 9.79% in 2025, then advanced by 9 bps to 8.93% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.93%, 9.79%, and 18.44% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.18% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -11.87% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.25% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 12.78% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 15.53% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.57% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -11.87% |
| Mar 31, 2026 | -8.93% |
| Dec 31, 2025 | -9.79% |
| Sep 30, 2025 | -18.44% |
| Jun 30, 2025 | 19.97% |
| Mar 31, 2025 | -22.18% |
| Dec 31, 2024 | -29.71% |
| Sep 30, 2024 | -23.58% |
| Jun 30, 2024 | -24.75% |
| Mar 31, 2024 | -42.52% |
| Dec 31, 2023 | -26.61% |
| Sep 30, 2023 | -60.52% |
| Jun 30, 2023 | -42.51% |
| Mar 31, 2023 | -37.79% |
| Dec 31, 2022 | -11.02% |
| Sep 30, 2022 | -31.98% |
| Jun 30, 2022 | -56.24% |
| Mar 31, 2022 | -37.04% |
| Dec 31, 2021 | -12.85% |
| Sep 30, 2021 | -13.70% |