What is 10x Genomics, Inc.'s income tax?

10x Genomics, Inc. (TXG) reported income tax of $623K in Q1 2026.

How has 10x Genomics, Inc.'s income tax changed year-over-year?

10x Genomics, Inc.'s income tax decreased by 26.9% year-over-year, from $852K to $623K.

What is the long-term trend for 10x Genomics, Inc.'s income tax?

Over 4 years (2021 to 2025), 10x Genomics, Inc.'s income tax has grown at a -5.2% compound annual growth rate (CAGR), from $4.51M to $3.64M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

10x Genomics, Inc. TXG Income Tax

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Other financials

Income statement

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Revenue$150.8M-2.6%

Gross profit$106.2M+0.7%

Operating income-$17.0M+56.7%

Net income-$13.5M+60.8%

EPS (diluted)-$0.10+64.3%

Balance sheet

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Cash & equivalents$490.3M+30.0%

Total debt$81.4M+1.6%

Total equity$814.3M+15.2%

Total assets$1.0B+12.4%

Cash flow

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Operating cash flow$26.1M-24.0%

CapEx$1.6M-15.6%

Free cash flow$24.5M-24.4%

Valuation

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Market cap$4.41B+154%

Profitability

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Gross margin69.6%+1.2pp

Operating margin-6.1%-2.7pp

Net margin-3.5%-1.6pp

FCF margin19.1%—

Returns & leverage

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Return on equity-3%-1.4pp

Debt / equity0.1×0.0×

Current ratio5.9×+0.5×

Where this comes from

Reported directly by 10x Genomics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: 10x Genomics, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 10x Genomics, Inc.'s income tax?: 10x Genomics, Inc. (TXG) reported income tax of $623K in Q1 2026.
How has 10x Genomics, Inc.'s income tax changed year-over-year?: 10x Genomics, Inc.'s income tax decreased by 26.9% year-over-year, from $852K to $623K.
What is the long-term trend for 10x Genomics, Inc.'s income tax?: Over 4 years (2021 to 2025), 10x Genomics, Inc.'s income tax has grown at a -5.2% compound annual growth rate (CAGR), from $4.51M to $3.64M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.