10x Genomics (TXG) Tax Rate (2018 - 2026)
10x Genomics' (TXG) quarterly Tax Rate came in at 3.83% in Q2 2026, down 282.0% year-over-year from 2.1% in Q2 2025, and up 178.97% quarter-over-quarter from 4.85% in Q1 2026.
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10x Genomics (TXG) Tax Rate (2018 - 2026) Analysis & Trends
10x Genomics has disclosed Tax Rate across 9 years of filings, most recently posting 3.83% for Q2 2026.
- In Q2 2026, Tax Rate fell 282.0% year-over-year to 3.83%; the TTM figure through Jun 2026 stood at 0.31% (up 633.0% YoY), while the FY2025 annual figure was 9.11%, down 634.0% from the prior year.
- Tax Rate came in at 3.83% for Q2 2026 at 10x Genomics, up from 4.85% 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.
- Average Tax Rate over 5 years is 2.0%, with a median of 2.37% recorded in 2025.
- Year-over-year, Tax Rate surged 1046 bps in 2022 and tumbled 563 bps in 2025.
- Over 5 years, 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 sank by 420 bps to 6.97% in 2025, then jumped by 155 bps to 3.83% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 3.83% in Q2 2026, 4.85% in Q1 2026, and 6.97% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn | 19.29% |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn | 18.47% |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn | 20.38% |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn | 15.82% |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn | 22.72% |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn | 31.49% |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn | 64.62% |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn | -27.84% |
| 10 | 10x Genomics | 8.16 Bn | 7.61 Bn | 112.50 Mn | 3.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.83% |
| Mar 31, 2026 | -4.85% |
| Dec 31, 2025 | -6.97% |
| Sep 30, 2025 | 2.60% |
| Jun 30, 2025 | 6.65% |
| Mar 31, 2025 | -2.54% |
| Dec 31, 2024 | -1.34% |
| Sep 30, 2024 | -3.82% |
| Jun 30, 2024 | -2.21% |
| Mar 31, 2024 | -3.71% |
| Dec 31, 2023 | -5.05% |
| Sep 30, 2023 | -1.35% |
| Jun 30, 2023 | -2.71% |
| Mar 31, 2023 | -2.20% |
| Dec 31, 2022 | -4.90% |
| Sep 30, 2022 | -4.69% |
| Jun 30, 2022 | -0.98% |
| Mar 31, 2022 | -1.72% |
| Dec 31, 2021 | -15.36% |
| Sep 30, 2021 | -3.14% |