10x Genomics (TXG) Tax Rate (2018 - 2026)
10x Genomics (TXG) reported Tax Rate of 4.85% for Q1 2026, down 231.0% on a YoY basis from 3.7% in Q1 2025, and up 30.43% sequentially from 6.97% in Q4 2025.
10x Genomics (TXG) Tax Rate (2018 - 2026) Analysis & Trends
10x Genomics (TXG) has 9 years of Tax Rate data on file, last reported at 4.85% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 231.0% year-over-year to 4.85%; the trailing twelve-month figure through Mar 2026 stood at 17.71% (down 1534.0% YoY), and the FY2025 full-year result was 9.11%, down 634.0% from the prior year.
- Tax Rate grew to 4.85% in Q1 2026, from 6.97% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 6.65% in Q2 2025 to a low of 6.97% in Q4 2025.
- A 5-year average of 2.34% and a median of 2.54% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 1046 bps in 2022 and slumped 563 bps in 2025, its largest moves.
- Tracing TXG's Tax Rate over 5 years: stood at 4.9% in 2022, then decreased by 3 bps to 5.05% in 2023, then surged by 73 bps to 1.34% in 2024, then plunged by 420 bps to 6.97% in 2025, then jumped by 30 bps to 4.85% in 2026.
- Business Quant data shows TXG's Tax Rate at 4.85% in Q1 2026, 6.97% in Q4 2025, and 2.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.06 Bn | 24.75 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 14.64 Bn | 13.74 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 24.88% |
| 4 | Hinge Health | 5.97 Bn | 5.66 Bn | 154.23 Mn | 2.26% |
| 5 | 10x Genomics | 5.95 Bn | 5.41 Bn | 106.18 Mn | -4.85% |
| 6 | MiniMed | 4.52 Bn | 4.22 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.48 Bn | 4.42 Bn | 216.84 Mn | 27.64% |
| 8 | Doximity | 3.95 Bn | 3.20 Bn | 125.97 Mn | 40.49% |
| 9 | Privia Health | 3.14 Bn | 2.72 Bn | - | 60.15% |
| 10 | Omnicell | 1.87 Bn | 1.63 Bn | 140.36 Mn | 32.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.85% |
| Mar 31, 2026 | -4.85% |
| Mar 31, 2026 | -4.85% |
| Dec 31, 2025 | -6.97% |
| Dec 31, 2025 | -6.97% |
| Dec 31, 2025 | -6.97% |
| Sep 30, 2025 | 2.60% |
| Sep 30, 2025 | 2.60% |
| Sep 30, 2025 | 2.60% |
| Jun 30, 2025 | 6.65% |
| Jun 30, 2025 | 6.65% |
| Jun 30, 2025 | 6.65% |
| Mar 31, 2025 | -2.54% |
| Mar 31, 2025 | -2.54% |
| Mar 31, 2025 | -2.54% |
| Dec 31, 2024 | -1.34% |
| Dec 31, 2024 | -1.34% |
| Dec 31, 2024 | -1.34% |
| Sep 30, 2024 | -3.82% |
| Sep 30, 2024 | -3.82% |