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10x Genomics, Inc. TXG Operating margin

Operating margin at other companies

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14.2%-7.9pp
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1.3%-5.0pp
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19.4%
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Twist Bioscience CorporationTWST
-33.9%-9.9pp
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RevvityRVTY
12.4%-1.1pp
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Bio-Rad LaboratoriesBIO
8.8%-3.1pp

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%
Enterprise value$4B+199%
P/S6.9×+4.1×

Profitability

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Gross margin69.6%+1.2pp
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

Calculated from 10x Genomics, Inc.’s reported figures.

Based on trailing twelve months.

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 operating margin?
10x Genomics, Inc. (TXG) reported operating margin of -6.1% in Q1 2026.
How has 10x Genomics, Inc.'s operating margin changed year-over-year?
10x Genomics, Inc.'s operating margin increased by 78.0% year-over-year, from -27.6% to -6.1%.
What is the long-term trend for 10x Genomics, Inc.'s operating margin?
Over 5 years (2020 to 2025), 10x Genomics, Inc.'s operating margin has grown at a -44.4% compound annual growth rate (CAGR), from -178.7% to -9.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.