What is Quanterix Corporation's cash ratio?

Quanterix Corporation (QTRX) reported cash ratio of 0.7× in Q1 2026.

How has Quanterix Corporation's cash ratio changed year-over-year?

Quanterix Corporation's cash ratio decreased by 61.7% year-over-year, from 1.9× to 0.7×.

What is the long-term trend for Quanterix Corporation's cash ratio?

Over 5 years (2020 to 2025), Quanterix Corporation's cash ratio has grown at a -38.6% compound annual growth rate (CAGR), from 4.6× to 0.4×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Quanterix Corporation QTRX Cash ratio

Cash ratio at other companies

Bio-Rad LaboratoriesBIO

0.6×-0.5×

Thermo Fisher ScientificTMO

0.2×-0.1×

QuidelOrtho CorporationQDEL

0.1×0.0×

RevvityRVTY

0.7×-1.1×

Biodesix, Inc.BDSX

1.8×+0.4×

Agilent TechnologiesA

0.8×+0.1×

Other financials

Income statement

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Revenue$36.4M+20.1%

Gross profit$15.6M+4.9%

Operating income-$41.4M-56.9%

Net income-$17.5M+14.5%

EPS (diluted)-$0.37+30.2%

Balance sheet

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Cash & equivalents$36.2M-52.7%

Total debt$35.3M-2.9%

Total equity$282.1M-10.8%

Total assets$366.7M-7.5%

Cash flow

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Operating cash flow-$18.1M-30.4%

CapEx$87.0K-93.1%

Free cash flow-$18.2M-20.1%

Valuation

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Market cap$203.97M-20.1%

Enterprise value$203.12M+28.6%

P/S1.4×-0.6×

Profitability

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Gross margin44.2%-14.3pp

Operating margin-96.9%-1,691pp

Net margin-71.9%-2,019pp

FCF margin-57.2%-220pp

Returns & leverage

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Return on equity-34.8%-122pp

Debt / equity0.1×0.0×

Current ratio3.7×-4.6×

Where this comes from

Calculated from Quanterix Corporation’s reported figures.

cash and equivalents/total current liabilities=0.7×

Based on the most recent quarter.

The official record: Quanterix Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quanterix Corporation's cash ratio?: Quanterix Corporation (QTRX) reported cash ratio of 0.7× in Q1 2026.
How has Quanterix Corporation's cash ratio changed year-over-year?: Quanterix Corporation's cash ratio decreased by 61.7% year-over-year, from 1.9× to 0.7×.
What is the long-term trend for Quanterix Corporation's cash ratio?: Over 5 years (2020 to 2025), Quanterix Corporation's cash ratio has grown at a -38.6% compound annual growth rate (CAGR), from 4.6× to 0.4×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.