10x Genomics (TXG) Operating Expenses (2018 - 2026)
10x Genomics (TXG) posted Operating Expenses of $123.2 million for Q1 2026, down 7.06% sequentially from $132.6 million in Q4 2025, and down 14.88% YoY from $144.8 million in Q1 2025.
10x Genomics (TXG) Operating Expenses (2018 - 2026) Analysis & Trends
10x Genomics has reported Operating Expenses for 9 years, with the latest figure at $123.2 million in Q1 2026.
- Quarterly Operating Expenses fell 14.88% year-over-year to $123.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $483.3 million (down 19.37% YoY) and the FY2025 annual result came in at $504.9 million, down 17.1% from the prior year.
- Operating Expenses declined to $123.2 million in Q1 2026 per TXG's latest filing, from $132.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $190.3 million in Q3 2023 and troughed at $95.0 million in Q2 2025.
- A 5-year average of $145.6 million and a median of $146.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 35.28% in 2023, then slumped 34.94% in 2025.
- Over 5 years, Operating Expenses stood at $142.5 million in 2022, then rose by 19.98% to $171.0 million in 2023, then dropped by 5.95% to $160.8 million in 2024, then slipped by 17.54% to $132.6 million in 2025, then slipped by 7.06% to $123.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $123.2 million, $132.6 million, and $132.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 620.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 132.05 Mn |
| Mar 31, 2026 | 123.22 Mn |
| Dec 31, 2025 | 132.59 Mn |
| Sep 30, 2025 | 132.55 Mn |
| Jun 30, 2025 | 94.96 Mn |
| Mar 31, 2025 | 144.77 Mn |
| Dec 31, 2024 | 160.79 Mn |
| Sep 30, 2024 | 147.88 Mn |
| Jun 30, 2024 | 145.96 Mn |
| Mar 31, 2024 | 154.41 Mn |
| Dec 31, 2023 | 170.97 Mn |
| Sep 30, 2023 | 190.32 Mn |
| Jun 30, 2023 | 162.97 Mn |
| Mar 31, 2023 | 150.38 Mn |
| Dec 31, 2022 | 142.50 Mn |
| Sep 30, 2022 | 140.69 Mn |
| Jun 30, 2022 | 150.02 Mn |
| Mar 31, 2022 | 130.75 Mn |
| Dec 31, 2021 | 131.76 Mn |
| Sep 30, 2021 | 116.66 Mn |