10x Genomics (TXG) Research & Development (2018 - 2026)

10x Genomics (TXG) posted Research & Development of $56.8 million for Q1 2026, up 1.57% sequentially from $56.0 million in Q4 2025, and down 11.52% YoY from $64.2 million in Q1 2025.

10x Genomics (TXG) Research & Development (2018 - 2026) Analysis & Trends

10x Genomics has reported Research & Development for 9 years, with the latest figure at $56.8 million in Q1 2026.

  • Quarterly Research & Development fell 11.52% year-over-year to $56.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $231.2 million (down 11.17% YoY) and the FY2025 annual result came in at $238.6 million, down 9.85% from the prior year.
  • Research & Development advanced to $56.8 million in Q1 2026 per TXG's latest filing, from $56.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $71.5 million in Q2 2023 and troughed at $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.
  • The sharpest annual moves came in 2022 and 2025: Research & Development soared 52.99% in 2022, then declined 16.42% in 2025.
  • Over 5 years, Research & Development stood at $63.6 million in 2022, then increased by 2.6% to $65.3 million in 2023, then climbed by 2.61% to $67.0 million in 2024, then dropped by 16.42% to $56.0 million in 2025, then gained by 1.57% to $56.8 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $56.8 million, $56.0 million, and $57.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn -
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 26.83 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn 56.79 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 81.41 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn 99.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 50.38 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 45.05 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn 30.58 Mn
10 Privia Health 2.78 Bn 2.42 Bn - 8.00 Mn

Historic Data

Download Data
DateValue
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