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| Date | Value |
|---|---|
| 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 |