10x Genomics (TXG) Operating Expenses (2018 - 2026)

10x Genomics' (TXG) quarterly Operating Expenses came in at $123.2 million in Q1 2026, down 14.88% year-on-year from $144.8 million in Q1 2025, and down 7.06% quarter-over-quarter from $132.6 million in Q4 2025.

10x Genomics (TXG) Operating Expenses (2018 - 2026) Analysis & Trends

10x Genomics has disclosed Operating Expenses across 9 years of filings, most recently posting $123.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $123.2 million, down 14.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $483.3 million (down 19.37% YoY), and the FY2025 annual result was $504.9 million, down 17.1% from the prior year.
  • Operating Expenses came in at $123.2 million for Q1 2026 at 10x Genomics, down from $132.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $190.3 million in Q3 2023 to a low of $95.0 million in Q2 2025.
  • The 5-year median for Operating Expenses is $146.0 million (2024), against an average of $145.6 million.
  • Across the five-year window, Operating Expenses jumped 35.28% in 2023 and slumped 34.94% in 2025, its largest moves.
  • 10x Genomics' Operating Expenses stood at $142.5 million in 2022, then grew by 19.98% to $171.0 million in 2023, then decreased by 5.95% to $160.8 million in 2024, then retreated by 17.54% to $132.6 million in 2025, then retreated by 7.06% to $123.2 million in 2026.
  • The last three Operating Expenses figures came in at $123.2 million (Q1 2026), $132.6 million (Q4 2025), and $132.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 675.61 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 121.26 Mn