10x Genomics (TXG) Tax Provisions (2018 - 2026)

10x Genomics (TXG) reported Tax Provisions of $623000.0 for Q1 2026, down 26.88% on a YoY basis from $852000.0 in Q1 2025, and down 41.17% sequentially from $1.1 million in Q4 2025.

10x Genomics (TXG) Tax Provisions (2018 - 2026) Analysis & Trends

10x Genomics (TXG) has 9 years of Tax Provisions data on file, last reported at $623000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 26.88% year-over-year to $623000.0; the trailing twelve-month figure through Mar 2026 stood at $3.4 million (down 6.19% YoY), and the FY2025 full-year result was $3.6 million, down 26.18% from the prior year.
  • Tax Provisions eased to $623000.0 in Q1 2026, from $1.1 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $2.5 million in Q2 2025 to a low of -$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.
  • Across the five-year window, Tax Provisions jumped 259.27% in 2022 and tumbled 155.74% in 2025, its largest moves.
  • Tracing TXG's Tax Provisions over 5 years: stood at $804000.0 in 2022, then surged by 192.79% to $2.4 million in 2023, then slumped by 72.47% to $648000.0 in 2024, then soared by 63.43% to $1.1 million in 2025, then slumped by 41.17% to $623000.0 in 2026.
  • Business Quant data shows TXG's Tax Provisions at $623000.0 in Q1 2026, $1.1 million in Q4 2025, and -$733000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 86.59 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 8.55 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 23.00 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 623,000.00
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 814,000.00
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 93.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 16.54 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 13.01 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 5.60 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 5.55 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.09 Mn