10x Genomics (TXG) Tax Provisions (2018 - 2026)
10x Genomics (TXG) recorded Tax Provisions of -$714,000 in Q2 2026, compared with $2.46 million a year earlier.
10x Genomics (TXG) Tax Provisions (2018 - 2026) Analysis & Trends
On a TTM basis, 10x Genomics' Tax Provisions came in at $235,000 as of Jun 30, 2026, down 95.5% year-over-year; for FY2025, it came in at $3.64 million, down 26.2% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of -15.2% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $4.93 million in FY2024 (-22.2%), $6.34 million in FY2023 (+57.3%), $4.03 million in FY2022 (-10.6%) and $4.51 million in FY2021 (-45.7%).
- Quarterly Tax Provisions has ranged from -$733,000 in Q3 2025 to $2.46 million in Q2 2025 over the past five years.
- On a year-over-year basis, Tax Provisions rose in three of the last six quarters, with growth averaging 18.4%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 259.3% in Q3 2022, against a decline of 72.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $623,000 (Q1 2026), $1.06 million (Q4 2025) and -$733,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 167.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 596.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 208.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 231.40 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 289.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 288.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 155.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 102.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.40 Mn |
| 10 | 10x Genomics | 11.53 Bn | 11.33 Bn | 112.50 Mn | -714,000.00 |
Historic 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 |
10x Genomics Tax Provisions 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=tax-provisions&ticker=TXG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=TXG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();