10x Genomics (TXG) Research & Development (2018 - 2026)
10x Genomics (TXG) reported Research & Development of $56.8 million for Q1 2026, down 11.52% on a YoY basis from $64.2 million in Q1 2025, and up 1.57% sequentially from $56.0 million in Q4 2025.
10x Genomics (TXG) Research & Development (2018 - 2026) Analysis & Trends
10x Genomics (TXG) has 9 years of Research & Development data on file, last reported at $56.8 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 11.52% year-over-year to $56.8 million; the trailing twelve-month figure through Mar 2026 stood at $231.2 million (down 11.17% YoY), and the FY2025 full-year result was $238.6 million, down 9.85% from the prior year.
- Research & Development advanced to $56.8 million in Q1 2026, from $56.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $71.5 million in Q2 2023 to a low of $56.0 million in Q4 2025.
- A 5-year average of $64.5 million and a median of $65.3 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 52.99% in 2022 and slipped 16.42% in 2025, its largest moves.
- Tracing TXG's Research & Development over 5 years: stood at $63.6 million in 2022, then advanced by 2.6% to $65.3 million in 2023, then rose by 2.61% to $67.0 million in 2024, then retreated by 16.42% to $56.0 million in 2025, then grew by 1.57% to $56.8 million in 2026.
- Business Quant data shows TXG's Research & Development at $56.8 million in Q1 2026, $56.0 million in Q4 2025, and $57.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.59 Bn | 24.28 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 14.75 Bn | 13.85 Bn | 482.22 Mn | - |
| 3 | Healthequity | 8.24 Bn | 7.98 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 5.91 Bn | 5.37 Bn | 106.18 Mn | 56.85 Mn |
| 5 | Hinge Health | 5.90 Bn | 5.58 Bn | 154.23 Mn | 30.34 Mn |
| 6 | MiniMed | 4.50 Bn | 4.21 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.43 Bn | 4.36 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.91 Bn | 3.16 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.19 Bn | 2.77 Bn | - | 8.13 Mn |
| 10 | Omnicell | 1.88 Bn | 1.64 Bn | 140.36 Mn | 21.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 53.40 Mn |