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10X Genomics, Inc. Financials

TXG
Source SEC Filings (10-K/10-Q) Updated Feb 12, 2026 Currency USD FYE February

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 62 / 100
Financial Profile 62/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
51

10X Genomics, Inc. has an operating margin of 10.2%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 51/100, indicating healthy but not exceptional operating efficiency. This is up from -31.9% the prior year.

Growth
0

10X Genomics, Inc.'s revenue declined 99.9% year-over-year, from $610.8M to $597K. This contraction results in a growth score of 0/100.

Leverage
100

10X Genomics, Inc. carries a low D/E ratio of 0.31, meaning only $0.31 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 4.46, 10X Genomics, Inc. holds $4.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
100

10X Genomics, Inc. converts 21.8% of revenue into free cash flow ($130K). This strong cash generation earns a score of 100/100.

Returns
22

10X Genomics, Inc. generates a 5.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100.

Altman Z-Score Safe
5668.87

10X Genomics, Inc. scores 5668.87, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.3B) relative to total liabilities ($245K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
6/9

10X Genomics, Inc. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
3.12x

For every $1 of reported earnings, 10X Genomics, Inc. generates $3.12 in operating cash flow ($136K OCF vs $44K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
15246.3x

10X Genomics, Inc. earns $15246.3 in operating income for every $1 of interest expense ($61K vs $4). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

This page shows 10X Genomics, Inc. (TXG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue
$597K
YoY-99.9%
5Y CAGR-71.2%

10X Genomics, Inc. generated $597K in revenue in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

EBITDA
$97K
YoY+100.1%

10X Genomics, Inc.'s EBITDA was $97K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 100.1% from the prior year.

Free Cash Flow
$130K
YoY+102.3%

10X Genomics, Inc. generated $130K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 102.3% from the prior year.

Net Income
$44K
YoY+100.0%

10X Genomics, Inc. reported $44K in net income in fiscal year 2025. This represents an increase of 100.0% from the prior year.

EPS (Diluted)
$0.35
YoY+123.0%

10X Genomics, Inc. earned $0.35 per diluted share (EPS) in fiscal year 2025. This represents an increase of 123.0% from the prior year.

Cash & Debt
$474.0M
YoY+37.8%
5Y CAGR-6.5%

10X Genomics, Inc. held $474.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
118M
YoY-3.8%
5Y CAGR+1.6%

10X Genomics, Inc. had 118M shares outstanding in fiscal year 2025. This represents a decrease of 3.8% from the prior year.

Gross Margin
74.4%
YoY+6.5pp
5Y CAGR-6.0pp

10X Genomics, Inc.'s gross margin was 74.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 6.5 percentage points from the prior year.

Operating Margin
10.2%
YoY+42.1pp
5Y CAGR+189.0pp

10X Genomics, Inc.'s operating margin was 10.2% in fiscal year 2025, reflecting core business profitability. This is up 42.1 percentage points from the prior year.

Net Margin
7.3%
YoY+37.2pp
5Y CAGR+188.9pp

10X Genomics, Inc.'s net profit margin was 7.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 37.2 percentage points from the prior year.

Return on Equity
5.5%

10X Genomics, Inc.'s ROE was 5.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

R&D Spending
$239K
YoY-99.9%
5Y CAGR-71.3%

10X Genomics, Inc. invested $239K in research and development in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$6K
YoY-100.0%
5Y CAGR-82.5%

10X Genomics, Inc. invested $6K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.

TXG Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $166.0M+11.4% $149.0M-13.8% $172.9M+11.6% $154.9M-6.1% $165.0M+8.8% $151.7M-0.9% $153.1M+8.6% $141.0M
Cost of Revenue $53.0M+8.8% $48.7M+1.8% $47.8M-3.3% $49.4M-8.6% $54.1M+19.5% $45.3M-7.4% $48.9M+1.6% $48.1M
Gross Profit $113.0M+12.7% $100.3M-19.8% $125.1M+18.6% $105.4M-5.0% $111.0M+4.3% $106.4M+2.1% $104.2M+12.2% $92.9M
R&D Expenses $56.0M-2.1% $57.2M-6.6% $61.2M-4.7% $64.2M-4.1% $67.0M+1.2% $66.2M+5.2% $62.9M-8.3% $68.6M
SG&A Expenses $76.6M+1.7% $75.4M+1.2% $74.4M-17.0% $89.7M-4.4% $93.8M+14.8% $81.7M-1.6% $83.0M-3.2% $85.8M
Operating Income -$19.5M+39.4% -$32.2M-207.0% $30.1M+176.6% -$39.3M+21.1% -$49.8M-20.1% -$41.5M+0.6% -$41.7M+32.1% -$61.5M
Interest Expense $0+100.0% -$3K-200.0% $3K $0 $0-100.0% $2K+100.0% $1K0.0% $1K
Income Tax $1.1M+244.5% -$733K-129.8% $2.5M+188.6% $852K+31.5% $648K-50.7% $1.3M+60.8% $818K-61.9% $2.1M
Net Income -$16.3M+40.8% -$27.5M-179.5% $34.5M+200.5% -$34.4M+29.9% -$49.0M-37.1% -$35.8M+5.7% -$37.9M+36.8% -$59.9M
EPS (Diluted) $-0.13+40.9% $-0.22-178.6% $0.28+200.0% $-0.28+30.0% $-0.40-33.3% $-0.30+6.3% $-0.32+36.0% $-0.50

TXG Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $1.0B+1.4% $1.0B+4.8% $980.0M+8.5% $903.4M-1.7% $918.6M-2.0% $937.8M+0.9% $929.7M+0.7% $922.9M
Current Assets $684.5M+3.7% $659.8M+0.6% $655.7M+13.1% $579.7M-0.8% $584.4M-1.6% $593.9M+2.5% $579.2M+2.1% $567.1M
Cash & Equivalents $474.0M+9.5% $432.7M+8.8% $397.7M+5.5% $377.1M+9.6% $344.1M-13.6% $398.2M+4.8% $379.8M+6.8% $355.8M
Inventory $56.3M-9.1% $62.0M-10.2% $69.0M-7.7% $74.7M-10.1% $83.1M-11.6% $94.0M+6.5% $88.3M+6.1% $83.2M
Accounts Receivable $47.0M+7.4% $43.8M-12.4% $50.0M-4.9% $52.5M-40.2% $87.9M+5.2% $83.5M-8.4% $91.2M-0.1% $91.3M
Goodwill $4.5M0.0% $4.5M0.0% $4.5M0.0% $4.5M0.0% $4.5M0.0% $4.5M0.0% $4.5M0.0% $4.5M
Total Liabilities $245.0M+1.2% $242.2M+17.2% $206.7M+5.2% $196.5M-5.8% $208.5M-3.0% $215.0M+4.6% $205.6M+0.8% $204.1M
Current Liabilities $153.5M+4.2% $147.3M+31.3% $112.2M+4.0% $107.9M-8.3% $117.6M-3.0% $121.2M+9.2% $111.0M+2.1% $108.7M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $796.3M+1.4% $785.1M+1.5% $773.3M+9.4% $706.9M-0.5% $710.1M-1.8% $722.8M-0.2% $724.1M+0.7% $718.8M
Retained Earnings -$1.5B-1.1% -$1.5B-1.9% -$1.5B+2.3% -$1.5B-2.3% -$1.5B-3.5% -$1.4B-2.6% -$1.4B-2.8% -$1.3B

TXG Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $40.8M-5.6% $43.2M+144.0% $17.7M-48.4% $34.4M+609.1% -$6.7M-131.2% $21.6M+188.7% $7.5M+147.7% -$15.7M
Capital Expenditures $1.8M+158.7% $687K-56.5% $1.6M-16.6% $1.9M-30.3% $2.7M-30.2% $3.9M+35.1% $2.9M-1.1% $2.9M
Free Cash Flow $39.0M-8.3% $42.5M+163.7% $16.1M-50.3% $32.5M+443.0% -$9.5M-153.3% $17.8M+284.4% $4.6M+124.8% -$18.6M
Investing Cash Flow -$1.8M+79.5% -$8.8M-837.3% -$939K+50.4% -$1.9M+96.3% -$51.6M-1326.0% -$3.6M-130.3% $11.9M+12.4% $10.6M
Financing Cash Flow $2.2M+263.4% $617K-82.5% $3.5M+734.6% $422K-90.7% $4.5M+2795.5% $156K-96.6% $4.6M+181.0% $1.6M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

TXG Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 68.1%+0.8pp 67.3%-5.0pp 72.3%+4.3pp 68.1%+0.8pp 67.2%-2.9pp 70.2%+2.1pp 68.1%+2.2pp 65.9%
Operating Margin -11.8%+9.9pp -21.6%-39.1pp 17.4%+42.8pp -25.4%+4.8pp -30.2%-2.8pp -27.4%-0.1pp -27.3%+16.3pp -43.6%
Net Margin -9.8%+8.7pp -18.4%-38.4pp 20.0%+42.1pp -22.2%+7.5pp -29.7%-6.1pp -23.6%+1.2pp -24.8%+17.8pp -42.5%
Return on Equity N/A N/A 4.5% N/A N/A N/A N/A N/A
Return on Assets -1.6%+1.1pp -2.7%-6.2pp 3.5%+7.3pp -3.8%+1.5pp -5.3%-1.5pp -3.8%+0.3pp -4.1%+2.4pp -6.5%
Current Ratio 4.46-0.0 4.48-1.4 5.84+0.5 5.37+0.4 4.97+0.1 4.90-0.3 5.220.0 5.22
Debt-to-Equity 0.310.0 0.31+0.0 0.27-0.0 0.28-0.0 0.290.0 0.30+0.0 0.280.0 0.28
FCF Margin 23.5%-5.0pp 28.5%+19.2pp 9.3%-11.6pp 21.0%+26.7pp -5.7%-17.4pp 11.7%+8.7pp 3.0%+16.2pp -13.2%

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Frequently Asked Questions

What is 10X Genomics, Inc.'s annual revenue?

10X Genomics, Inc. (TXG) reported $597K in total revenue for fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is 10X Genomics, Inc.'s revenue growing?

10X Genomics, Inc. (TXG) revenue declined by 99.9% year-over-year, from $610.8M to $597K in fiscal year 2025.

Is 10X Genomics, Inc. profitable?

Yes, 10X Genomics, Inc. (TXG) reported a net income of $44K in fiscal year 2025, with a net profit margin of 7.3%.

What is 10X Genomics, Inc.'s earnings per share (EPS)?

10X Genomics, Inc. (TXG) reported diluted earnings per share of $0.35 for fiscal year 2025. This represents a 123.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is 10X Genomics, Inc.'s EBITDA?

10X Genomics, Inc. (TXG) had EBITDA of $97K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is 10X Genomics, Inc.'s gross margin?

10X Genomics, Inc. (TXG) had a gross margin of 74.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is 10X Genomics, Inc.'s operating margin?

10X Genomics, Inc. (TXG) had an operating margin of 10.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is 10X Genomics, Inc.'s net profit margin?

10X Genomics, Inc. (TXG) had a net profit margin of 7.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is 10X Genomics, Inc.'s return on equity (ROE)?

10X Genomics, Inc. (TXG) has a return on equity of 5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is 10X Genomics, Inc.'s free cash flow?

10X Genomics, Inc. (TXG) generated $130K in free cash flow during fiscal year 2025. This represents a 102.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is 10X Genomics, Inc.'s operating cash flow?

10X Genomics, Inc. (TXG) generated $136K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are 10X Genomics, Inc.'s total assets?

10X Genomics, Inc. (TXG) had $1.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are 10X Genomics, Inc.'s capital expenditures?

10X Genomics, Inc. (TXG) invested $6K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does 10X Genomics, Inc. spend on research and development?

10X Genomics, Inc. (TXG) invested $239K in research and development during fiscal year 2025.

How many shares does 10X Genomics, Inc. have outstanding?

10X Genomics, Inc. (TXG) had 118M shares outstanding as of fiscal year 2025.

What is 10X Genomics, Inc.'s current ratio?

10X Genomics, Inc. (TXG) had a current ratio of 4.46 as of fiscal year 2025, which is generally considered healthy.

What is 10X Genomics, Inc.'s debt-to-equity ratio?

10X Genomics, Inc. (TXG) had a debt-to-equity ratio of 0.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is 10X Genomics, Inc.'s return on assets (ROA)?

10X Genomics, Inc. (TXG) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is 10X Genomics, Inc.'s Altman Z-Score?

10X Genomics, Inc. (TXG) has an Altman Z-Score of 5668.87, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is 10X Genomics, Inc.'s Piotroski F-Score?

10X Genomics, Inc. (TXG) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are 10X Genomics, Inc.'s earnings high quality?

10X Genomics, Inc. (TXG) has an earnings quality ratio of 3.12x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can 10X Genomics, Inc. cover its interest payments?

10X Genomics, Inc. (TXG) has an interest coverage ratio of 15246.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is 10X Genomics, Inc.?

10X Genomics, Inc. (TXG) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.