10x Genomics (TXG) Net Margin (2018 - 2026)
10x Genomics' (TXG) quarterly Net Margin came in at 11.87% in Q2 2026, down 3185.0% year-over-year from 0.38% in Q2 2025, and down 32.95% quarter-over-quarter from 8.93% in Q1 2026.
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10x Genomics (TXG) Net Margin (2018 - 2026) Analysis & Trends
10x Genomics has disclosed Net Margin across 9 years of filings, most recently posting 11.87% for Q2 2026.
- In Q2 2026, Net Margin fell 3185.0% year-over-year to 11.87%; the TTM figure through Jun 2026 stood at 12.18% (up 95.0% YoY), while the FY2025 annual figure was 6.77%, up 2313.0% from the prior year.
- Net Margin came in at 11.87% for Q2 2026 at 10x Genomics, down from 8.93% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 19.97% in Q2 2025 to a low of 60.52% in Q3 2023.
- Average Net Margin over 5 years is 26.42%, with a median of 25.68% recorded in 2023.
- Year-over-year, Net Margin tumbled 4670 bps in 2022 and soared 4473 bps in 2025.
- Over 5 years, Net Margin stood at 11.02% in 2022, then slumped by 141 bps to 26.61% in 2023, then decreased by 12 bps to 29.71% in 2024, then soared by 67 bps to 9.79% in 2025, then decreased by 21 bps to 11.87% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 11.87% in Q2 2026, 8.93% in Q1 2026, and 9.79% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn | 13.89% |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn | 19.28% |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn | 17.86% |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn | 7.10% |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn | 17.01% |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn | 57.05% |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn | 2.45% |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn | -7.50% |
| 10 | 10x Genomics | 8.16 Bn | 7.61 Bn | 112.50 Mn | -11.87% |
Historic Data
Download Data
Historic 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% |