10x Genomics, Inc. TXG
Our mission is to accelerate the mastery of biology to advance human health. We are a life sciences technology company focused on building innovative products and solutions to interrogate, understand and master biology. Our integrated research solutions include instruments, consumables and software for analyzing biological systems at a resolution and scale that matches the complexity of biology. We have built deep expertise across diverse disciplines including chemistry, biology, hardware and software. Innovations in all of these areas have enabled the deployment of our rapidly expanding suite of products, which allow our customers to interrogate biological systems at previously inaccessible resolution and scale. Our products have enabled researchers to make fundamental discoveries across multiple areas of biology, including oncology, immunology and neuroscience.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $642.8M | $610.8M | $618.7M | $516.4M | $490.5M | $298.8M | $245.9M | $146.3M | $71.1M | — |
| Cost of revenue | $198.9M | $196.3M | $209.4M | $120.4M | $74.1M | $58.5M | $61.0M | $28.7M | $10.6M | — |
| Gross profit | $443.9M | $414.5M | $409.3M | $396.0M | $416.4M | $240.4M | $184.9M | $117.7M | $60.5M | — |
| SG&A | $316.1M | $344.3M | $343.3M | $298.3M | $257.6M | $202.3M | $130.8M | $87.9M | $46.7M | — |
| Total operating expenses | $504.9M | $609.0M | $674.6M | $564.0M | $468.7M | $774.5M | $215.4M | $228.4M | $78.9M | — |
| Operating income | -$61.0M | -$194.6M | -$265.3M | -$167.9M | -$52.3M | -$534.1M | -$30.6M | -$110.8M | -$18.4M | — |
| Interest expense | $0 | $4.0K | $33.0K | $476.0K | $866.0K | $1.7M | $3.1M | $2.4M | $811.0K | — |
| Pre-tax income | -$39.9M | -$177.7M | -$248.8M | -$162.0M | -$53.7M | -$534.5M | -$31.0M | -$112.4M | -$18.7M | — |
| Income tax | $3.6M | $4.9M | $6.3M | $4.0M | $4.5M | $8.3M | $218.0K | $87.0K | $21.0K | — |
| Net income | -$43.5M | -$182.6M | -$255.1M | -$166.0M | -$58.2M | -$542.7M | -$31.3M | -$112.5M | -$18.8M | — |
| EPS, basic | -0.35 | -1.52 | -2.18 | -1.46 | -0.53 | -5.37 | -0.80 | — | — | — |
| EPS, diluted | -0.35 | -1.52 | -2.18 | -1.46 | -0.53 | -5.37 | -0.80 | -8.40 | -1.62 | — |
| Shares, diluted (wtd. avg.) | 124.7M | 120.5M | 117.2M | 113.9M | 110.3M | 101.2M | 39.1M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $474.0M | $344.1M | $359.3M | $227.4M | $596.1M | $688.6M | $476.5M | $70.1M | $47.9M | $41.7M |
| Short-term investments | $49.4M | $49.3M | $29.4M | $210.2M | $0 | — | — | — | — | — |
| Receivables | $47.0M | $87.9M | $114.8M | $104.2M | $85.3M | $51.2M | $33.4M | $28.1M | — | — |
| Inventory | $56.3M | $83.1M | $73.7M | $81.6M | $60.0M | $30.0M | $15.3M | $8.6M | — | — |
| Total current assets | $684.5M | $584.4M | $596.0M | $635.0M | $747.6M | $774.4M | $480.8M | $106.2M | — | — |
| Property, plant and equipment | $226.7M | $252.6M | $279.6M | $289.3M | $169.5M | $72.8M | $48.8M | $11.1M | — | — |
| Goodwill | $4.5M | $4.5M | $4.5M | $4.5M | $4.5M | $0 | — | — | — | — |
| Other intangibles | $62.3M | $15.7M | $16.6M | $22.9M | $25.4M | $22.4M | $22.4M | $642.0K | — | — |
| Total assets | $1.04B | $918.6M | $965.1M | $1.03B | $1.02B | $929.3M | $605.9M | $124.3M | — | — |
| Accounts payable | $12.7M | $12.9M | $15.7M | $21.6M | $17.4M | $4.7M | $13.0M | $8.8M | — | — |
| Short-term debt | — | — | — | — | — | $0 | $9.9M | $4.2M | — | — |
| Total current liabilities | $153.5M | $117.6M | $127.2M | $131.0M | $110.4M | $118.1M | $63.0M | $32.4M | — | — |
| Long-term debt | — | — | — | — | — | $0 | $19.8M | $25.5M | — | — |
| Total liabilities | $245.0M | $208.5M | $224.1M | $223.2M | $201.3M | $190.3M | $185.8M | $101.1M | — | — |
| Retained earnings | -$1.51B | -$1.47B | -$1.28B | -$1.03B | -$863.3M | -$805.1M | -$262.4M | -$231.1M | — | — |
| Total equity | $796.3M | $710.1M | $741.0M | $805.7M | $817.6M | $739.1M | $420.1M | -$220.0M | -$112.5M | -$96.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $136.1M | $6.7M | -$15.2M | -$33.6M | -$21.4M | -$217.9M | $34.6M | -$76.4M | -$10.7M | — |
| Depreciation and amortisation | $36.2M | $35.9M | $35.5M | $25.4M | $21.1M | $14.0M | $7.1M | $3.9M | $4.3M | — |
| Stock-based compensation | $109.1M | $140.7M | $166.9M | $136.8M | $96.0M | $48.6M | $13.3M | $2.7M | $1.7M | — |
| Capital expenditure | $5.9M | $12.4M | $48.6M | $131.7M | $101.3M | $36.7M | $42.7M | $6.3M | $3.8M | — |
| Investing cash flow | -$13.4M | -$32.6M | $133.5M | -$350.9M | -$106.7M | -$38.4M | -$42.8M | -$6.7M | -$3.8M | — |
| Financing cash flow | $6.8M | $10.9M | $13.7M | $15.8M | $35.3M | $468.9M | $414.6M | $105.4M | $20.6M | — |
| Buybacks | — | — | — | — | — | — | — | — | $80.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-027201.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $71.1M | $146.3M | $245.9M | $298.8M | $490.5M | $516.4M | $618.7M | $610.8M | $642.8M |
| Gross profit | — | $60.5M | $117.7M | $184.9M | $240.4M | $416.4M | $396.0M | $409.3M | $414.5M | $443.9M |
| Net income | — | -$18.8M | -$112.5M | -$31.3M | -$542.7M | -$58.2M | -$166.0M | -$255.1M | -$182.6M | -$43.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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