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

10x Genomics (TXG) posted Tax Rate of 4.85% for Q1 2026, up 30.43% sequentially from 6.97% in Q4 2025, and down 231.0% YoY from 3.7% in Q1 2025.

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

10x Genomics has reported Tax Rate for 9 years, with the latest figure at 4.85% in Q1 2026.

Quarterly Tax Rate fell 231.0% year-over-year to 4.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.71% (down 1534.0% YoY) and the FY2025 annual result came in at 9.11%, down 634.0% from the prior year.
Tax Rate grew to 4.85% in Q1 2026 per TXG's latest filing, from 6.97% in the prior quarter.
Over five years, Tax Rate peaked at 6.65% in Q2 2025 and troughed at 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.
The sharpest annual moves came in 2022 and 2025: Tax Rate soared 1046 bps in 2022, then plunged 563 bps in 2025.
Over 5 years, Tax Rate stood at 4.9% in 2022, then declined by 3 bps to 5.05% in 2023, then surged by 73 bps to 1.34% in 2024, then tumbled by 420 bps to 6.97% in 2025, then jumped by 30 bps to 4.85% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 4.85%, 6.97%, and 2.6% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Veeva Systems	39.72 Bn	32.40 Bn	662.02 Mn	24.92%
2	BrightSpring Health Services	12.19 Bn	11.64 Bn	492.75 Mn	7.39%
3	Healthequity	8.79 Bn	8.52 Bn	256.31 Mn	24.88%
4	10x Genomics	7.31 Bn	6.76 Bn	112.50 Mn	3.83%
5	Hinge Health	7.10 Bn	6.71 Bn	183.95 Mn	1.67%
6	MiniMed	5.66 Bn	5.36 Bn	480.00 Mn	-101.09%
7	Waystar Holding	4.76 Bn	4.56 Bn	221.99 Mn	27.54%
8	Doximity	4.46 Bn	3.77 Bn	132.93 Mn	39.76%
9	Heartflow	3.66 Bn	3.28 Bn	53.19 Mn	-0.14%
10	Privia Health	2.78 Bn	2.42 Bn	-	41.89%

Download Data