10x Genomics (TXG) Tax Provisions (2018 - 2026)
10x Genomics (TXG) posted Tax Provisions of $623000.0 for Q1 2026, down 41.17% sequentially from $1.1 million in Q4 2025, and down 26.88% YoY from $852000.0 in Q1 2025.
10x Genomics (TXG) Tax Provisions (2018 - 2026) Analysis & Trends
10x Genomics has reported Tax Provisions for 9 years, with the latest figure at $623000.0 in Q1 2026.
- Quarterly Tax Provisions fell 26.88% year-over-year to $623000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 million (down 6.19% YoY) and the FY2025 annual result came in at $3.6 million, down 26.18% from the prior year.
- Tax Provisions eased to $623000.0 in Q1 2026 per TXG's latest filing, from $1.1 million in the prior quarter.
- Over five years, Tax Provisions peaked at $2.5 million in Q2 2025 and troughed at -$733000.0 in Q3 2025.
- A 5-year average of $1.2 million and a median of $1.1 million in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 259.27% in 2022, then sank 155.74% in 2025.
- Over 5 years, Tax Provisions stood at $804000.0 in 2022, then surged by 192.79% to $2.4 million in 2023, then sank by 72.47% to $648000.0 in 2024, then soared by 63.43% to $1.1 million in 2025, then sank by 41.17% to $623000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $623000.0, $1.1 million, and -$733000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 86.59 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 6.91 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 23.00 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -714,000.00 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 740,000.00 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 93.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 15.53 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 16.05 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 22,000.00 |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 7.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -714,000.00 |
| Mar 31, 2026 | 623,000.00 |
| Dec 31, 2025 | 1.06 Mn |
| Sep 30, 2025 | -733,000.00 |
| Jun 30, 2025 | 2.46 Mn |
| Mar 31, 2025 | 852,000.00 |
| Dec 31, 2024 | 648,000.00 |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 818,000.00 |
| Mar 31, 2024 | 2.15 Mn |
| Dec 31, 2023 | 2.35 Mn |
| Sep 30, 2023 | 1.24 Mn |
| Jun 30, 2023 | 1.65 Mn |
| Mar 31, 2023 | 1.09 Mn |
| Dec 31, 2022 | 804,000.00 |
| Sep 30, 2022 | 1.88 Mn |
| Jun 30, 2022 | 627,000.00 |
| Mar 31, 2022 | 719,000.00 |
| Dec 31, 2021 | 2.46 Mn |
| Sep 30, 2021 | 523,000.00 |