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Quanterix Corporation QTRX Product revenue — Cost of revenue

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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

Reported directly by Quanterix Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 product revenue — cost of revenue?
Quanterix Corporation (QTRX) reported product revenue — cost of revenue of $15.14M in Q1 2026.
How has Quanterix Corporation's product revenue — cost of revenue changed year-over-year?
Quanterix Corporation's product revenue — cost of revenue increased by 33.5% year-over-year, from $11.34M to $15.14M.
What is the long-term trend for Quanterix Corporation's product revenue — cost of revenue?
Over 4 years (2021 to 2025), Quanterix Corporation's product revenue — cost of revenue has grown at a 11.4% compound annual growth rate (CAGR), from $34.15M to $52.56M.
What does product revenue — cost of revenue mean?
This metric captures the direct costs associated with manufacturing, shipping, and fulfilling product orders, including raw materials, labor, and overhead directly attributable to product sales. It is a critical measure for assessing the gross margin profile and production efficiency of the company's hardware and consumable offerings. Monitoring this figure allows for the evaluation of cost control measures and the impact of manufacturing scale on overall profitability.