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
DateValue
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%