10x Genomics, Inc. income statement
In fiscal 2025, 10x Genomics, Inc. reported revenue of $643m, up 5.2% on the year before, operating income of −$61.0m (a -9.5% margin) and net income of −$43.5m, or −$0.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 146 | 246 | 299 | 490 | 516 | 619 | 611 | 643 | 617 |
| Cost of revenue | 11 | 29 | 61 | 58 | 74 | 120 | 209 | 196 | 199 | 185 |
| Gross profit | 61 | 118 | 185 | 240 | 416 | 396 | 409 | 414 | 444 | 432 |
| Research and development | 32 | 48 | 83 | 123 | 212 | 266 | 270 | 265 | 239 | 227 |
| Selling, general and administrative | 47 | 88 | 131 | 202 | 258 | 298 | 343 | 344 | 316 | 297 |
| Operating income | −18 | −111 | −31 | −534 | −52 | −168 | −265 | −195 | −61 | −88 |
| Interest expense | 1 | 2 | 3 | 2 | 1 | 0 | 0 | 0 | 0 | — |
| Income before tax | −19 | −112 | −31 | −534 | −54 | −162 | −249 | −178 | −40 | −75 |
| Income tax | 0 | 0 | 0 | 8 | 5 | 4 | 6 | 5 | 4 | 0 |
| Net income | −19 | −112 | −31 | −543 | −58 | −166 | −255 | −183 | −44 | −75 |
| Diluted EPS | −$0.54 | −$2.80 | −$0.80 | −$5.37 | −$0.53 | −$1.46 | −$2.18 | −$1.52 | −$0.35 | −$0.59 |
| Diluted shares (average) | 35m | 40m | 39m | 101m | 110m | 114m | 117m | 120m | 125m | 128m |
| EBITDA | −14 | −107 | −24 | −520 | −31 | −143 | −230 | −159 | −25 | −48 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152 | 165 | 155 | 173 | 149 | 166 | 151 | 151 |
| Cost of revenue | 45 | 54 | 49 | 48 | 49 | 53 | 45 | 39 |
| Gross profit | 106 | 111 | 105 | 125 | 100 | 113 | 106 | 112 |
| Research and development | 66 | 67 | 64 | 61 | 57 | 56 | 57 | 57 |
| Selling, general and administrative | 82 | 94 | 90 | 74 | 75 | 77 | 66 | 79 |
| Operating income | −41 | −50 | −39 | 30 | −32 | −20 | −17 | −20 |
| Interest expense | 0 | 0 | 0 | 0 | −0 | 0 | — | 0 |
| Income before tax | −34 | −48 | −34 | 37 | −28 | −15 | −13 | −19 |
| Income tax | 1 | 1 | 1 | 2 | −1 | 1 | 1 | −1 |
| Net income | −36 | −49 | −34 | 35 | −27 | −16 | −13 | −18 |
| Diluted EPS | −$0.30 | −$0.41 | −$0.28 | $0.28 | −$0.22 | −$0.13 | −$0.10 | −$0.14 |
| EBITDA | −33 | −41 | −31 | 38 | −22 | −9 | −7 | −10 |
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