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

10x Genomics (TXG) reported Operating Expenses of $123.2 million for Q1 2026, down 14.88% on a YoY basis from $144.8 million in Q1 2025, and down 7.06% sequentially from $132.6 million in Q4 2025.

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

10x Genomics (TXG) has 9 years of Operating Expenses data on file, last reported at $123.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 14.88% year-over-year to $123.2 million; the trailing twelve-month figure through Mar 2026 stood at $483.3 million (down 19.37% YoY), and the FY2025 full-year result was $504.9 million, down 17.1% from the prior year.
  • Operating Expenses declined to $123.2 million in Q1 2026, 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.
  • A 5-year average of $145.6 million and a median of $146.0 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 35.28% in 2023 and plunged 34.94% in 2025, its largest moves.
  • Tracing TXG's Operating Expenses over 5 years: stood at $142.5 million in 2022, then climbed by 19.98% to $171.0 million in 2023, then retreated by 5.95% to $160.8 million in 2024, then fell by 17.54% to $132.6 million in 2025, then fell by 7.06% to $123.2 million in 2026.
  • Business Quant data shows TXG's Operating Expenses at $123.2 million in Q1 2026, $132.6 million in Q4 2025, and $132.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 123.51 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