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| Date | Value |
|---|---|
| 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 |