10x Genomics (TXG) Research & Development (2018 - 2026)
10x Genomics (TXG) posted Research & Development of $56.79 million for Q2 2026, down 7.2% from $61.22 million a year earlier and down 0.1% from the prior quarter.
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Analysis
10x Genomics (TXG) Research & Development (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at 10x Genomics was $226.8 million, down 12.3% year-over-year; for FY2025, it came in at $238.63 million, down 9.8% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- In prior years, 10x Genomics' Research & Development was $264.7 million in FY2024 (-2.1%), $270.33 million in FY2023 (+1.8%), $265.67 million in FY2022 (+25.5%) and $211.75 million in FY2021 (+71.6%).
- Quarterly Research & Development has run from a low of $54.58 million in Q3 2021 to a high of $71.46 million in Q2 2023 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last six quarters, with an average decline of 7.0% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 81.1%; the weakest was Q4 2025, with a decline of 16.4%.
- According to Business Quant data, Research & Development for the three prior quarters was $56.85 million (Q1 2026), $55.97 million (Q4 2025) and $57.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | 10x Genomics | 11.53 Bn | 11.33 Bn | 112.50 Mn | 56.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.79 Mn |
| Mar 31, 2026 | 56.85 Mn |
| Dec 31, 2025 | 55.97 Mn |
| Sep 30, 2025 | 57.19 Mn |
| Jun 30, 2025 | 61.22 Mn |
| Mar 31, 2025 | 64.25 Mn |
| Dec 31, 2024 | 66.97 Mn |
| Sep 30, 2024 | 66.17 Mn |
| Jun 30, 2024 | 62.92 Mn |
| Mar 31, 2024 | 68.64 Mn |
| Dec 31, 2023 | 65.27 Mn |
| Sep 30, 2023 | 66.51 Mn |
| Jun 30, 2023 | 71.46 Mn |
| Mar 31, 2023 | 67.10 Mn |
| Dec 31, 2022 | 63.61 Mn |
| Sep 30, 2022 | 67.29 Mn |
| Jun 30, 2022 | 70.69 Mn |
| Mar 31, 2022 | 64.08 Mn |
| Dec 31, 2021 | 61.89 Mn |
| Sep 30, 2021 | 54.58 Mn |
API Access
10x Genomics Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TXG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TXG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TXG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();