Login
Quanterix Corporation logo

Quanterix Corporation

quanterix.com

What Do They Do?

Sells protein-detection and tissue-analysis systems, assay consumables, and research and clinical testing services to research labs and universities, drug and biotech companies, and contract research organizations.

How Do They Make Money?

The largest stream is instrument, assay-kit and other consumable sales; instruments are sold at shipment or delivery, or after required installation. Consumables bring repeat purchases, while the company also earns from research and clinical testing services and license royalties tied to sales or use.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Product revenue
Mix

67%
FY2022: 66%
Service and Other Revenue
32%
FY2022: 33%
Collaboration and license revenue
Licensed
1.1%
FY2022: 0.6%

Who Are Their Customers?

Research labs, contract research organizations, academic and government institutions, and drug and biotech companies buy through direct sales in North America and Europe, and through the company’s sales teams or distributors elsewhere.

Do Revenues Turn Into Profits?

No. It lost $107.2M in FY2025.

Operating income, FY2025
−90% of revenue
▲ +139% (Loss) vs FY2024 (−$52.6M, −38%)
Net income, FY2025
−77% of revenue
▲ +178% (Loss) vs FY2024 (−$38.5M, −28%)
Free cash flow, FY2025
−57% of revenue
▲ +107% (Loss) vs FY2024 (−$38.5M, −28%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +34%
vs $24.5M in Q2 FY2025
Net income
▲ +63% (Loss)
vs −$30M in Q2 FY2025
Product revenue share of revenue vs 68.8% in Q2 FY2025
  • Aug 10, 2026 Cuts 2026 revenue outlook and delays cash-flow break-even Revenue outlook is $142-148 million versus $169-174 million previously; cash-flow break-even is now expected in 2027.
  • Jun 9, 2026 Appoints Jason Faessler chief financial officer Jason Faessler was appointed CFO and Treasurer, with employment expected to begin June 22, 2026.
  • May 12, 2026 Announces chief financial officer departure Vandana Sriram was set to leave as CFO and Treasurer effective June 15, 2026.

Adds spatial biology The older report centered on Simoa protein detection in blood and other fluids; the latest also describes spatial-biology platforms that analyze biomarkers in intact tissue.

Broadens clinical testing The older report described LDTs as a recent offering; the latest also describes a multi-marker Alzheimer’s LDT and clinical laboratory testing.

Revenue over time
Product revenue Service and Other Revenue Collaboration and license revenue Grant revenue
$200M$100M$0

Who Do They Compete With?

Competes with Bio-Techne, MesoScale Discovery, SEER, Bio-Rad Laboratories, Alamar, Spear Bio, 10x Genomics, Vizgen, Bruker, Miltenyi Biotec, Standard BioTools, LabCorp, Covance, Q2 Solutions, Rules Based Medicine, Monogram Biosciences, Frontage, Thermo Fisher Scientific, Roche, and Fujirebio

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support