10x Genomics, Inc. (TXG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 150.84M | 166.03M | 149M | 172.91M | 154.88M | 165.02M | 151.65M | 153.1M | 141.01M | 183.98M | 153.64M | 146.82M | 134.28M | 156.23M | 131.07M | 114.61M | 114.5M | 143.53M | 125.3M | 115.84M |
| Revenue Growth % | -2.61% | 0.61% | -1.75% | 12.93% | 9.84% | -10.3% | -1.3% | 4.28% | 5% | 17.76% | 17.22% | 28.1% | 17.28% | 8.85% | 4.61% | -1.06% | 8.2% | 27.9% | 74.47% | 170% |
| Cost of Goods Sold | 44.66M | 52.98M | 48.7M | 47.82M | 49.44M | 54.07M | 45.26M | 48.88M | 48.09M | 68.2M | 58.12M | 47.21M | 35.9M | 36.83M | 30.38M | 27.7M | 25.48M | 27.6M | 24.52M | 4.92M |
| COGS % of Revenue | 29.61% | 31.91% | 32.68% | 27.66% | 31.92% | 32.76% | 29.84% | 31.93% | 34.11% | 37.07% | 37.82% | 32.15% | 26.73% | 23.57% | 23.18% | 24.17% | 22.25% | 19.23% | 19.57% | 4.24% |
| Gross Profit | 106.18M | 113.05M | 100.31M | 125.08M | 105.44M | 110.95M | 106.39M | 104.22M | 92.91M | 115.78M | 95.53M | 99.61M | 98.39M | 119.41M | 100.69M | 86.91M | 89.02M | 115.93M | 100.78M | 110.93M |
| Gross Margin % | 70.39% | 68.09% | 67.32% | 72.34% | 68.08% | 67.24% | 70.16% | 68.07% | 65.89% | 62.93% | 62.18% | 67.85% | 73.27% | 76.43% | 76.82% | 75.83% | 77.75% | 80.77% | 80.43% | 95.76% |
| Gross Profit Growth % | 0.7% | 1.88% | -5.72% | 20.02% | 13.49% | -4.17% | 11.37% | 4.63% | -5.57% | -3.03% | -5.13% | 14.62% | 10.53% | 3% | -0.08% | -21.66% | 0.29% | 24.23% | 75.55% | 237.65% |
| Operating Expenses | 123.22M | 132.59M | 132.55M | 94.96M | 144.77M | 160.79M | 147.88M | 145.96M | 154.41M | 170.97M | 190.32M | 162.97M | 150.38M | 142.5M | 140.69M | 150.02M | 130.75M | 131.76M | 116.66M | 121.25M |
| OpEx % of Revenue | 81.69% | 79.86% | 88.96% | 54.92% | 93.47% | 97.44% | 97.51% | 95.33% | 109.51% | 92.93% | 123.87% | 111% | 111.98% | 91.21% | 107.34% | 130.9% | 114.2% | 91.8% | 93.11% | 104.67% |
| Selling, General & Admin | 66.38M | 76.62M | 75.36M | 74.43M | 89.73M | 93.83M | 81.7M | 83.04M | 85.77M | 86.13M | 82.42M | 91.51M | 83.28M | 78.89M | 73.4M | 79.34M | 66.67M | 69.88M | 62.08M | 68.7M |
| SG&A % of Revenue | 44% | 46.15% | 50.57% | 43.05% | 57.93% | 56.86% | 53.88% | 54.24% | 60.83% | 46.81% | 53.64% | 62.33% | 62.02% | 50.49% | 56% | 69.22% | 58.23% | 48.68% | 49.54% | 59.31% |
| Research & Development | 56.85M | 55.97M | 57.19M | 61.22M | 64.25M | 66.97M | 66.17M | 62.92M | 68.64M | 65.27M | 107.91M | 71.46M | 67.1M | 63.61M | 67.29M | 70.69M | 64.08M | 61.88M | 54.58M | 53.4M |
| R&D % of Revenue | 37.69% | 33.71% | 38.38% | 35.41% | 41.48% | 40.58% | 43.63% | 41.09% | 48.68% | 35.48% | 70.23% | 48.67% | 49.97% | 40.72% | 51.34% | 61.67% | 55.97% | 43.12% | 43.56% | 46.1% |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -850K |
| Operating Income | -17.05M | -19.54M | -32.24M | 30.13M | -39.33M | -49.84M | -41.48M | -41.74M | -61.5M | -55.19M | -94.8M | -63.36M | -51.99M | -23.1M | -40M | -63.12M | -41.73M | -15.83M | -15.88M | -10.33M |
| Operating Margin % | -11.3% | -11.77% | -21.64% | 17.42% | -25.39% | -30.2% | -27.36% | -27.26% | -43.61% | -30% | -61.7% | -43.15% | -38.71% | -14.78% | -30.51% | -55.07% | -36.45% | -11.03% | -12.67% | -8.92% |
| Operating Income Growth % | 56.66% | 60.79% | 22.28% | 172.18% | 36.05% | 9.69% | 56.24% | 34.13% | -18.29% | -138.95% | -137.01% | -0.38% | -24.57% | -45.9% | -151.88% | -511.13% | -308.53% | 96.14% | 75.67% | 73.8% |
| EBITDA | -17.05M | -19.54M | -19.99M | 39.78M | -29.51M | -39.27M | -30.73M | -30.84M | -50M | -43.48M | -83.38M | -51.48M | -43.37M | -14.62M | -31.88M | -54.67M | -33.76M | -8.51M | -8.6M | -3.14M |
| EBITDA Margin % | -11.3% | -11.77% | -13.42% | 23% | -19.06% | -23.8% | -20.27% | -20.14% | -35.46% | -23.63% | -54.27% | -35.06% | -32.3% | -9.36% | -24.32% | -47.7% | -29.49% | -5.93% | -6.87% | -2.71% |
| EBITDA Growth % | 42.24% | 50.25% | 34.96% | 228.99% | 40.98% | 9.68% | 63.14% | 40.1% | -15.29% | -197.33% | -161.52% | 5.84% | -28.47% | -71.93% | -270.54% | -1640.62% | -800.75% | 97.9% | 85.75% | 91.01% |
| D&A (Non-Cash Add-back) | 0 | 0 | 12.25M | 9.65M | 9.81M | 10.56M | 10.75M | 10.9M | 11.49M | 11.71M | 11.42M | 11.88M | 8.62M | 8.47M | 8.12M | 8.44M | 7.97M | 7.32M | 7.28M | 7.19M |
| EBIT | -17.05M | -19.54M | -28.2M | 37M | -33.51M | -48.38M | -34.44M | -37.08M | -57.8M | -46.59M | -91.74M | -60.76M | -49.63M | -16.29M | -39.92M | -63.72M | -41.57M | -15.78M | -16.43M | -9.75M |
| Net Interest Income | 5.01M | 5.49M | 5.2M | 4.27M | 3.69M | 4.03M | 4.97M | 4.71M | 4.74M | 4.63M | 4.3M | 4.09M | 3.85M | 2.69M | 1.91M | 1.13M | 441K | -168K | -170K | -151K |
| Interest Income | 5.01M | 5.49M | 5.2M | 4.27M | 3.69M | 4.03M | 4.97M | 4.71M | 4.74M | 4.64M | 4.3M | 4.1M | 3.87M | 2.81M | 2.02M | 1.24M | 569K | 49K | 49K | 58K |
| Interest Expense | 0 | 0 | 3K | 3K | 0 | 0 | 2K | 1K | 1K | 8K | 1K | 5K | 19K | 125K | 114K | 109K | 128K | 217K | 219K | 209K |
| Other Income/Expense | 4.2M | 4.35M | 4.04M | 6.87M | 5.82M | 1.46M | 7.05M | 4.66M | 3.69M | 8.59M | 3.05M | 2.59M | 2.33M | 6.68M | -39K | -714K | 41K | -163K | -769K | 370K |
| Pretax Income | -12.85M | -15.19M | -28.2M | 37M | -33.51M | -48.38M | -34.44M | -37.08M | -57.8M | -46.6M | -91.74M | -60.77M | -49.65M | -16.41M | -40.03M | -63.83M | -41.69M | -15.99M | -16.65M | -9.96M |
| Pretax Margin % | -8.52% | -9.15% | -18.93% | 21.4% | -21.63% | -29.32% | -22.71% | -24.22% | -40.99% | -25.33% | -59.71% | -41.39% | -36.98% | -10.5% | -30.54% | -55.69% | -36.42% | -11.14% | -13.29% | -8.6% |
| Income Tax | 623K | 1.06M | -733K | 2.46M | 852K | 648K | 1.31M | 818K | 2.15M | 2.35M | 1.24M | 1.65M | 1.09M | 804K | 1.88M | 627K | 719K | 2.46M | 523K | 1.09M |
| Effective Tax Rate % | -4.85% | -6.97% | 2.6% | 6.65% | -2.54% | -1.34% | -3.82% | -2.21% | -3.71% | -5.05% | -1.35% | -2.71% | -2.2% | -4.9% | -4.69% | -0.98% | -1.72% | -15.36% | -3.14% | -10.99% |
| Net Income | -13.47M | -16.25M | -27.47M | 34.54M | -34.36M | -49.03M | -35.75M | -37.9M | -59.95M | -48.95M | -92.99M | -62.41M | -50.75M | -17.21M | -41.91M | -64.46M | -42.41M | -18.45M | -17.17M | -11.05M |
| Net Margin % | -8.93% | -9.79% | -18.44% | 19.97% | -22.18% | -29.71% | -23.58% | -24.75% | -42.52% | -26.61% | -60.52% | -42.51% | -37.79% | -11.02% | -31.98% | -56.24% | -37.04% | -12.85% | -13.7% | -9.54% |
| Net Income Growth % | 60.8% | 66.85% | 23.16% | 191.14% | 42.69% | -0.16% | 61.55% | 39.28% | -18.13% | -184.36% | -121.85% | 3.17% | -19.65% | 6.69% | -144.1% | -483.22% | -267.18% | 95.56% | 73.92% | 72.48% |
| Net Income (Continuing) | -13.47M | -16.25M | -27.47M | 34.54M | -34.36M | -49.03M | -35.75M | -37.9M | -59.95M | -48.95M | -92.99M | -62.41M | -50.75M | -17.21M | -41.91M | -64.46M | -42.41M | -18.45M | -17.17M | -11.05M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.10 | -0.13 | -0.22 | 0.28 | -0.28 | -0.40 | -0.30 | -0.32 | -0.50 | -0.41 | -0.79 | -0.53 | -0.44 | -0.15 | -0.37 | -0.57 | -0.38 | -0.16 | -0.15 | -0.10 |
| EPS Growth % | 64.29% | 67.5% | 26.67% | 187.5% | 44% | 2.44% | 62.03% | 39.62% | -13.64% | -173.33% | -113.51% | 7.02% | -15.79% | 6.25% | -146.67% | -470% | -245.45% | 95.87% | 76.92% | 75.61% |
| EPS (Basic) | -0.10 | -0.13 | -0.22 | 0.28 | -0.28 | -0.40 | -0.30 | -0.32 | -0.50 | -0.41 | -0.79 | -0.53 | -0.44 | -0.15 | -0.37 | -0.57 | -0.38 | -0.16 | -0.15 | -0.10 |
| Diluted Shares Outstanding | 128.29M | 127.08M | 125.5M | 124.51M | 122.61M | 121.6M | 120.73M | 120.07M | 119.39M | 118.57M | 117.73M | 116.71M | 115.62M | 114.76M | 114.11M | 113.57M | 112.97M | 111.9M | 110.87M | 109.87M |
| Basic Shares Outstanding | 128.29M | 127.08M | 125.5M | 123.76M | 122.61M | 121.6M | 120.73M | 120.07M | 119.39M | 118.57M | 117.73M | 116.71M | 115.62M | 114.76M | 114.11M | 113.57M | 112.97M | 111.9M | 110.87M | 109.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |