10x Genomics (TXG) Net Margin (2018 - 2026)
10x Genomics recorded quarterly Net Margin of 8.93% in Q1 2026, up 8.77% quarter-over-quarter from 9.79% in Q4 2025, and up 1325.0% year-over-year from 0.63% in Q1 2025.
10x Genomics' Net Margin history runs 9 years deep, the most recent figure standing at 8.93% for Q1 2026.
- In Q1 2026, Net Margin rose 1325.0% year-over-year to 8.93%; the TTM figure through Mar 2026 stood at 3.55% (up 2159.0% YoY), while the FY2025 annual figure was 6.77%, up 2313.0% from the prior year.
- Net Margin came in at 8.93% for Q1 2026 at 10x Genomics, up 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 tumbled 4670 bps in 2022 and soared 4473 bps in 2025, its largest moves.
- 10x Genomics' Net Margin stood at 11.02% in 2022, then tumbled by 141 bps to 26.61% in 2023, then slipped by 12 bps to 29.71% in 2024, then jumped by 67 bps to 9.79% in 2025, then gained 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 29.21% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 18.66% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 13.15% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 13.80% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -8.93% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 3.68% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -10.40% |
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% |
| Mar 31, 2021 | -10.92% |
| Dec 31, 2020 | -370.33% |
| Sep 30, 2020 | -91.69% |
| Jun 30, 2020 | -93.62% |
| Mar 31, 2020 | -29.40% |
| Dec 31, 2019 | -9.49% |
| Sep 30, 2019 | -15.69% |
| Jun 30, 2019 | -19.49% |
| Mar 31, 2019 | -6.79% |
| Dec 31, 2018 | -149.39% |
| Sep 30, 2018 | -41.92% |