10x Genomics (TXG) Net Margin (2018 - 2026)
10x Genomics (TXG) reported Net Margin of 8.93% for Q1 2026, up 1325.0% on a YoY basis from 0.63% in Q1 2025, and up 8.77% sequentially from 9.79% in Q4 2025.
10x Genomics (TXG) Net Margin (2018 - 2026) Analysis & Trends
10x Genomics (TXG) has 9 years of Net Margin data on file, last reported at 8.93% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1325.0% year-over-year to 8.93%; the trailing twelve-month figure through Mar 2026 stood at 3.55% (up 2159.0% YoY), and the FY2025 full-year result was 6.77%, up 2313.0% from the prior year.
- Net Margin grew to 8.93% in Q1 2026, from 9.79% 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.
- A 5-year average of 27.27% and a median of 26.61% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 4670 bps in 2022 and surged 4473 bps in 2025, its largest moves.
- Tracing TXG's Net Margin over 5 years: stood at 11.02% in 2022, then sank by 141 bps to 26.61% in 2023, then retreated by 12 bps to 29.71% in 2024, then surged by 67 bps to 9.79% in 2025, then increased by 9 bps to 8.93% in 2026.
- Business Quant data shows TXG's Net Margin at 8.93% in Q1 2026, 9.79% in Q4 2025, and 18.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -8.93% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 18.66% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 0.61% |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 3.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -9.54% |