10x Genomics, Inc. balance sheet
At the end of fiscal 2025, 10x Genomics, Inc. had total assets of $1.04bn, total liabilities of $245m and shareholders' equity of $796m. It held $474m in cash against $0 of debt: net cash of $474m.
Balance sheet
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 48 | 65 | 424 | 664 | 587 | 220 | 359 | 344 | 474 | 503 |
| Receivables | — | 28 | 33 | 51 | 85 | 104 | 115 | 88 | 47 | 48 |
| Inventory | — | 9 | 15 | 30 | 60 | 82 | 74 | 83 | 56 | 53 |
| Total current assets | — | 106 | 481 | 774 | 748 | 635 | 596 | 584 | 684 | 675 |
| Goodwill | — | — | — | 0 | 5 | 5 | 5 | 5 | 5 | 7 |
| Total assets | — | 124 | 46 | 929 | 1,019 | 1,029 | 965 | 919 | 1,041 | 1,030 |
| Accounts payable | — | 9 | 13 | 5 | 17 | 22 | 16 | 13 | 13 | 21 |
| Deferred revenue (current) | — | 2 | 3 | 4 | 5 | 8 | 13 | 21 | 24 | 24 |
| Total current liabilities | — | 32 | 63 | 118 | 110 | 131 | 127 | 118 | 153 | 119 |
| Short-term debt | — | 4 | 10 | 0 | — | — | — | — | — | — |
| Long-term debt | — | 25 | 20 | 0 | — | — | — | — | — | — |
| Total debt | 0 | 30 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | — | 101 | 78 | 190 | 201 | 223 | 224 | 209 | 245 | 205 |
| Shareholders' equity | −113 | −220 | 420 | 739 | 818 | 806 | 741 | 710 | 796 | 826 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 243 | −453 | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | −48 | −35 | −394 | −664 | −587 | −220 | −359 | −344 | −474 | −503 |
| Shares outstanding | — | 44m | — | 108m | 113m | 115m | 119m | 122m | 128m | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 84 | 88 | 53 | 50 | 44 | 47 | 39 | 48 |
| Inventory | 94 | 83 | 75 | 69 | 62 | 56 | 53 | 53 |
| Total current assets | 594 | 584 | 580 | 656 | 660 | 684 | 670 | 675 |
| Goodwill | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 7 |
| Total assets | 938 | 919 | 903 | 980 | 1,027 | 1,041 | 1,016 | 1,030 |
| Accounts payable | 26 | 13 | 10 | 16 | 18 | 13 | 17 | 21 |
| Deferred revenue (current) | 18 | 21 | 21 | 21 | 22 | 24 | 24 | 24 |
| Total current liabilities | 121 | 118 | 108 | 112 | 147 | 153 | 114 | 119 |
| Total liabilities | 215 | 209 | 196 | 207 | 242 | 245 | 201 | 205 |
| Shareholders' equity | 723 | 710 | 707 | 773 | 785 | 796 | 814 | 826 |
| Shares outstanding | — | 122m | — | — | — | 128m | — | — |
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