10x Genomics (TXG) Operating Expenses (2018 - 2026)
10x Genomics recorded quarterly Operating Expenses of $123.2 million in Q1 2026, down 7.06% quarter-over-quarter from $132.6 million in Q4 2025, and down 14.88% year-over-year from $144.8 million in Q1 2025.
10x Genomics' Operating Expenses history runs 9 years deep, the most recent figure standing at $123.2 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 14.88% year-over-year to $123.2 million; the TTM figure through Mar 2026 stood at $483.3 million (down 19.37% YoY), while the FY2025 annual figure 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.
- 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 surged 35.28% in 2023 and sank 34.94% in 2025, its largest moves.
- 10x Genomics' Operating Expenses stood at $142.5 million in 2022, then increased by 19.98% to $171.0 million in 2023, then slipped by 5.95% to $160.8 million in 2024, then decreased by 17.54% to $132.6 million in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 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 |
| Mar 31, 2021 | 98.98 Mn |
| Dec 31, 2020 | 502.90 Mn |
| Sep 30, 2020 | 122.66 Mn |
| Jun 30, 2020 | 72.27 Mn |
| Mar 31, 2020 | 76.68 Mn |
| Dec 31, 2019 | 66.79 Mn |
| Sep 30, 2019 | 54.82 Mn |
| Jun 30, 2019 | 51.18 Mn |
| Mar 31, 2019 | 42.65 Mn |
| Dec 31, 2018 | 110.62 Mn |
| Sep 30, 2018 | 46.30 Mn |