Growth Metrics

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 🔒
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
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