Overview
10x Genomics, Inc.
Latest 10-K: FY2025, filed Feb 13, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $0.64B
- 5.2%YoYup from FY2024
- TotalRevenue
- Gross profit
- $0.44B
- 7.1%YoYup from FY2024
- GrossProfit
- Operating income
- -$0.06B
- n/mYoY
- OperatingIncome
- Net income
- -$0.04B
- n/mYoY
- NetIncome
- Diluted EPS
- -$0.35
- n/mYoY
- EPSDiluted
- Diluted shares
- 124.7M
- 3.6%YoYup from FY2024
- WeightedAvgSharesDiluted
At a glance
Growth
- 10x Genomics, Inc. reported revenue of $0.64B for fiscal 2025, up 5.2% from fiscal 2024.
- Revenue grew faster than the median S&P 500 member in 2 of the last 5 fiscal years.
Profitability
- Operating margin was -9.5% and net margin was -6.8%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
Per share
- Diluted EPS was -$0.35.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $642.82M5.2%up S&P 500 6.4% | $610.78M1.3%down S&P 500 4.5% | $618.73M19.8%up S&P 500 4.8% | $516.41M5.3%up S&P 500 10.3% | $490.49M64.1%up S&P 500 13.8% | 7.0% S&P 500 6.6% |
| Gross Profit Median of 315 / 498 | $443.88M7.1%up S&P 500 6.8% | $414.48M1.3%up S&P 500 5.5% | $409.31M3.4%up S&P 500 5.2% | $396.02M4.9%down S&P 500 8.3% | $416.40M73.2%up S&P 500 15.7% | 1.6% S&P 500 6.2% |
| Operating Income Median of 373 / 498 | negative: -$60.98Mn/m S&P 500 7.3% | negative: -$194.56Mn/m S&P 500 7.4% | negative: -$265.33Mn/m S&P 500 4.9% | negative: -$167.94Mn/m S&P 500 7.5% | negative: -$52.25Mn/m S&P 500 23.5% | n/m S&P 500 7.2% |
| Net Income | negative: -$43.54Mn/m S&P 500 4.8% | negative: -$182.63Mn/m S&P 500 5.7% | negative: -$255.10Mn/m S&P 500 1.9% | negative: -$166.00Mn/m S&P 500 1.3% | negative: -$58.22Mn/m S&P 500 33.9% | n/m S&P 500 4.1% |
| EPS (Diluted) | negative: -$0.35n/m S&P 500 6.2% | negative: -$1.52n/m S&P 500 7.9% | negative: -$2.18n/m S&P 500 1.9% | negative: -$1.46n/m S&P 500 1.5% | negative: -$0.53n/m S&P 500 34.8% | n/m S&P 500 5.6% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $1.04B13.4%up S&P 500 5.6% | $0.92B4.8%down S&P 500 3.4% | $0.97B6.2%down S&P 500 4.1% | $1.03B1.0%up S&P 500 2.2% | $1.02B9.6%up S&P 500 6.7% | 0.5% S&P 500 4.7% |
| Total Liabilities Median of 357 / 498 | $245.04M17.5%up S&P 500 6.4% | $208.50M7.0%down S&P 500 1.9% | $224.10M0.4%up S&P 500 2.9% | $223.24M10.9%up S&P 500 2.0% | $201.26M5.8%up S&P 500 5.2% | 5.0% S&P 500 4.4% |
| Stockholders' Equity | $796.33M12.1%up S&P 500 6.8% | $710.13M4.2%down S&P 500 5.4% | $741.04M8.0%down S&P 500 7.3% | $805.74M1.4%down S&P 500 2.5% | $817.57M10.6%up S&P 500 9.0% | -0.7% S&P 500 6.1% |
| Cash & Equivalents | — | $344.07M4.2%down S&P 500 1.9% | $359.28M63.5%up S&P 500 6.7% | $219.75M62.6%down S&P 500 -8.6% | $587.45M11.5%down S&P 500 -2.9% | — S&P 500 2.0% |
| Total Debt Median of 393 / 498 | — | — | — | — | — | — S&P 500 3.7% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $136.05M1941.6%up S&P 500 6.3% | $6.66Mn/m S&P 500 4.8% | negative: -$15.20Mn/m S&P 500 9.9% | negative: -$33.61Mn/m S&P 500 -0.7% | negative: -$21.37Mn/m S&P 500 10.7% | n/m S&P 500 7.0% |
| Capital Expenditures | $5.93M52.1%down S&P 500 5.4% | $12.39M74.5%down S&P 500 2.8% | $48.60M63.1%down S&P 500 11.3% | $131.66M30.0%up S&P 500 14.0% | $101.28M176.2%up S&P 500 8.1% | -50.8% S&P 500 9.0% |
| Free Cash Flow Median of 378 / 498 | $130.12Mn/m S&P 500 7.3% | negative: -$5.73Mn/m S&P 500 6.1% | negative: -$63.80Mn/m S&P 500 8.8% | negative: -$165.27Mn/m S&P 500 -11.3% | negative: -$122.65Mn/m S&P 500 10.2% | n/m S&P 500 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
n/m
Wall Street
on net earnings
FY2024 n/m
6.4%
Value investor
on free cash flow
FY2024 negative: −0.3%
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E n/mValue investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
39.1%
Wall Street
on book equity
FY2024 41.1%
35.9%
Value investor
on tangible book
FY2024 39.9%
Gap −3.2 pts: Value-investor figure 3.2 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 2.6×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
negative: −5.8%
Wall Street
ROE: net income ÷ equity
FY2024 negative: −25.2%
negative: −5.7%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 negative: −37.7%
Gap +0.1 pts: Value-investor figure 0.1 points higher
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
negative: −3.9%
Wall Street
EBITDA margin
FY2024 negative: −26.0%
20.2%
Value investor
Free-cash-flow margin
FY2024 negative: −0.9%
Gap +24.1 pts: Value-investor figure 24.1 points higher
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
4.46×
Wall Street
Current ratio
FY2024 4.97×
4.09×
Value investor
Quick ratio, inventory excluded
FY2024 4.26×
Gap −0.37×: Value-investor figure 0.37 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on TXG yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on TXG and publish the result to your public profile.
Cite this page
Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/TXG
Valuein. (2026, October 23). 10x Genomics, Inc. (TXG) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/TXG
@misc{valuein_txg_2026,
author = {{Valuein}},
title = {10x Genomics, Inc. (TXG) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/TXG}},
note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}10-K filed Feb 13, 2026 · accession 0001628280-26-007822
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing