Business Description
Headquartered in Pleasanton, California, 10x Genomics, Inc. (founded in 2012 and known as 10X Technologies, Inc. until November 2014) is a prominent life science technology company. The firm specializes in creating and distributing sophisticated instrumentation, essential consumables, and software designed for in-depth analysis of biological systems. Its market presence extends globally, covering North America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company's offerings feature Chromium and Chromium Connect instruments, supported by indispensable items such as microfluidic chips, slides, and reagents. A significant portion of their portfolio focuses on single-cell solutions, leveraging their Chromium platforms. These allow for precise measurement of gene activity at the individual cell level (single cell gene expression), detailed assessment of immune cell function and their targets (single cell immune profiling), exploration of DNA's physical organization and epigenetic modifications (single cell Assay for Transposase Accessible Chromatin - ATAC), and the concurrent quantification of both genetic activity and epigenetic programming across tens of thousands of cells in a single experiment (single cell multiome ATAC + gene expression). Additionally, 10x Genomics offers the Visium spatial gene expression solution, which maps gene activity patterns within specific tissue sections and can also facilitate co-detection of gene expression and proteins when paired with immunofluorescence. Their varied customer base includes academic, governmental, biopharmaceutical, and biotechnology organizations, among others.
Business History
Price Overview
Last updated: Jun 27, 2026 9:02am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.35
Total Equity: $796.33M
Shares: 124,749,885
Total Debt: $84.36M
Cash: $473.97M
EBITDA: $3.91M
Total Debt: $84.36M
Cash: $473.97M
Revenue: $642.82M
Shares: 124,749,885
Revenue: $642.82M
Revenue: $642.82M
Revenue: $642.82M
Total Equity: $796.33M
Tax Rate: -9.1%
Equity: $796.33M
Total Debt: $84.36M
Cash: $473.97M
Current Liabilities: $153.45M
Long-Term Debt: $73.38M
Total Debt: $84.36M
Total Equity: $796.33M
Shares: 124,749,885
Shares: 124,749,885
CapEx: -$5.94M
Shares: 124,749,885
Stock Price: $36.75
Net Income: -$43.54M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 21, 2026 6:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $490.5M | $516.4M | $618.7M | $610.8M | $642.8M |
| Cost of Revenue | $74.1M | $120.4M | $209.4M | $196.3M | $198.9M |
| Gross Profit | $416.4M | $396.0M | $409.3M | $414.5M | $443.9M |
| Operating Expenses | $469.3M | $564.0M | $674.6M | $609.0M | $554.8M |
| Operating Income | -$52.9M | -$167.9M | -$265.3M | -$194.6M | -$110.9M |
| Net Income | -$58.2M | -$166.0M | -$255.1M | -$182.6M | -$43.5M |
| EBITDA | -$24.6M | -$128.5M | -$205.1M | -$134.0M | $3.9M |
| EPS | $-0.53 | $-1.46 | $-2.18 | $-1.52 | $-0.35 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $587.4M | $219.7M | $359.3M | $344.1M | $474.0M |
| Total Current Assets | $747.6M | $635.0M | $596.0M | $584.4M | $684.5M |
| Total Assets | $1.0B | $1.0B | $965.1M | $918.6M | $1.0B |
| Current Liabilities | $110.4M | $131.0M | $127.2M | $117.6M | $153.5M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $73.4M |
| Total Liabilities | $201.3M | $223.2M | $224.1M | $208.5M | $245.0M |
| Total Equity | $817.6M | $805.7M | $741.0M | $710.1M | $796.3M |
| Retained Earnings | -$863.3M | -$1.0B | -$1.3B | -$1.5B | -$1.5B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:42pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$21.4M | -$33.6M | -$15.2M | $6.7M | $136.1M |
| Capital Expenditure | -$101.3M | -$131.7M | -$49.5M | -$12.4M | -$5.9M |
| Free Cash Flow | -$122.7M | -$165.3M | -$64.7M | -$5.7M | $130.1M |
| Acquisitions (net) | -$5.5M | -$4.0M | $0 | $0 | -$9.3M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$92.6M | -$368.7M | $131.9M | -$15.2M | $129.9M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:02am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$666.6M $654.0M – $680.6M
|
$722.5M $722.0M – $723.0M
|
$790.2M $774.4M – $810.0M
|
$877.4M $859.8M – $899.3M
|
| EBITDA |
-$112.5M -$114.8M – -$110.4M
|
-$121.9M -$122.0M – -$121.8M
|
-$133.4M -$136.7M – -$130.7M
|
-$148.1M -$151.8M – -$145.1M
|
| Net Income |
-$93.3M -$110.3M – -$53.4M
|
-$58.3M -$111.7M – -$11.4M
|
-$41.5M -$42.8M – -$40.4M
|
-$16.2M -$16.7M – -$15.8M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:42pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +5.3% | +19.8% | -1.3% | +5.2% |
| Gross Profit Growth | -4.9% | +3.4% | +1.3% | +7.1% |
| Operating Income Growth | -217.4% | -58.0% | +26.7% | +43.0% |
| Net Income Growth | -185.1% | -53.7% | +28.4% | +76.2% |
| EBITDA Growth | -422.4% | -59.6% | +34.7% | +102.9% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-22 | Saxonov Serge | S-Sale | 8,527.00 | $33.29 | $283,855 |
| 2026-06-22 | Saxonov Serge | S-Sale | 9,991.00 | $34.28 | $342,506 |
| 2026-06-22 | Saxonov Serge | S-Sale | 9,821.00 | $35.32 | $346,837 |
| 2026-06-22 | Saxonov Serge | S-Sale | 1,661.00 | $36.16 | $60,069 |
| 2026-06-16 | SULIMAN SHEHNAAZ | S-Sale | 5,359.00 | $32.59 | $174,644 |
| 2026-06-16 | SULIMAN SHEHNAAZ | S-Sale | 364.00 | $33.27 | $12,112 |
| 2026-06-04 | Teichmann Sarah A. | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-06-04 | SULIMAN SHEHNAAZ | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-06-04 | STUELPNAGEL JOHN R | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-06-04 | Popovits Kimberly J | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-06-04 | MATEO ALAN | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-06-04 | Kosaraju Sridhar | A-Award | 8,829.00 | $0.00 | $0 |
| 2026-05-22 | Saxonov Serge | S-Sale | 18,175.00 | $24.44 | $444,224 |
| 2026-05-26 | Saxonov Serge | S-Sale | 10,718.00 | $24.71 | $264,833 |
| 2026-05-22 | Hindson Benjamin J. | S-Sale | 11,595.00 | $24.44 | $283,399 |
| 2026-05-22 | Taich Adam | S-Sale | 15,098.00 | $24.44 | $369,018 |
| 2026-04-14 | Saxonov Serge | S-Sale | 5,000.00 | $24.56 | $122,784 |
| 2026-03-23 | Saxonov Serge | S-Sale | 10,000.00 | $19.13 | $191,297 |
| 2026-03-24 | Saxonov Serge | S-Sale | 5,000.00 | $19.52 | $97,612 |
| 2026-03-02 | Saxonov Serge | S-Sale | 14,292.00 | $22.67 | $323,985 |
Narrative Economics
market-narrative step).