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10X Genomics Inc

10xgenomics.com

10X Genomics Inc (NASDAQ: TXG) is a life sciences tools company that develops and sells instruments, consumables, and software for single-cell and spatial genomics analysis. Revenue comes primarily from the sale of instruments placed in research laboratories and the recurring consumables those instruments require for each experiment, creating a razor-and-blade revenue structure. The company serves academic research institutions, biopharma companies, and other life sciences organizations globally. As of the 10-K filed February 13, 2026, 10X Genomics had completed the acquisition of Scale Biosciences, Inc., expanding its single-cell product portfolio. The company carries dual-class common stock, with Class A and Class B shares outstanding as of January 31, 2026. 10X Genomics does not pay a dividend and has historically operated at a net loss while investing heavily in product development and commercial expansion.

Products & Services

Single-cell genomics instruments and consumables; spatial genomics instruments and consumables; analysis software; products from acquired Scale Biosciences, Inc.

Revenue Model

Instrument sales combined with high-margin recurring consumables sales tied to installed instrument base, creating a razor-and-blade structure. Software may accompany instrument and consumable sales.

Customers & Markets

Academic and government research institutions; biopharmaceutical and biotechnology companies; life sciences researchers conducting single-cell and spatial biology experiments.

Geographic Exposure

Global operations; specific regional revenue breakdown not supported by available filing excerpts.

Financial Snapshot

Revenue
TTM
$638.8M
Gross Margin
TTM
69.55%
Net Income
TTM
-$22.66M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
589.56%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$814.3M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$122.2M

Stock Price

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Market Cap: $5.4248 Billion

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