10x Genomics (TXG) Net Margin (2018 - 2026)
10x Genomics' (TXG) quarterly Net Margin came in at 8.93% in Q1 2026, up 1325.0% year-on-year from 0.63% in Q1 2025, and up 8.77% quarter-over-quarter from 9.79% in Q4 2025.
10x Genomics (TXG) Net Margin (2018 - 2026) Analysis & Trends
10x Genomics has disclosed Net Margin across 9 years of filings, most recently posting 8.93% for Q1 2026.
- Net Margin for Q1 2026 came in at 8.93%, up 1325.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.55% (up 2159.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Net Margin is 26.61% (2023), against an average of 27.27%.
- Across the five-year window, Net Margin plunged 4670 bps in 2022 and surged 4473 bps in 2025, its largest moves.
- 10x Genomics' Net Margin stood at 11.02% in 2022, then plunged 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 rose by 9 bps to 8.93% in 2026.
- The last three Net Margin figures came in at 8.93% (Q1 2026), 9.79% (Q4 2025), and 18.44% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 18.66% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -8.93% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 13.15% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 13.80% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 3.68% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 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% |