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

10x Genomics' (TXG) quarterly Tax Rate came in at 4.85% in Q1 2026, down 231.0% year-on-year from 3.7% in Q1 2025, and up 30.43% quarter-over-quarter from 6.97% in Q4 2025.

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

10x Genomics has disclosed Tax Rate across 9 years of filings, most recently posting 4.85% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 4.85%, down 231.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.71% (down 1534.0% YoY), and the FY2025 annual result was 9.11%, down 634.0% from the prior year.
  • Tax Rate came in at 4.85% for Q1 2026 at 10x Genomics, up 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.
  • The 5-year median for Tax Rate is 2.54% (2025), against an average of 2.34%.
  • Across the five-year window, Tax Rate jumped 1046 bps in 2022 and plunged 563 bps in 2025, its largest moves.
  • 10x Genomics' Tax Rate stood at 4.9% in 2022, then slipped by 3 bps to 5.05% in 2023, then soared by 73 bps to 1.34% in 2024, then tumbled by 420 bps to 6.97% in 2025, then surged by 30 bps to 4.85% in 2026.
  • The last three Tax Rate figures came in at 4.85% (Q1 2026), 6.97% (Q4 2025), and 2.6% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 24.92
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 10.32
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 24.88
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 2.26
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -4.85
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 40.49
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 27.58
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 60.15
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 32.53
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -4.92

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.85%
Mar 31, 2026 -4.85%
Dec 31, 2025 -6.97%
Dec 31, 2025 -6.97%
Sep 30, 2025 2.60%
Sep 30, 2025 2.60%
Jun 30, 2025 6.65%
Jun 30, 2025 6.65%
Mar 31, 2025 -2.54%
Mar 31, 2025 -2.54%
Dec 31, 2024 -1.34%
Dec 31, 2024 -1.34%
Sep 30, 2024 -3.82%
Sep 30, 2024 -3.82%
Jun 30, 2024 -2.21%
Jun 30, 2024 -2.21%
Mar 31, 2024 -3.71%
Mar 31, 2024 -3.71%
Dec 31, 2023 -5.05%
Dec 31, 2023 -5.05%