10x Genomics TXG
10x Genomics reports Q3 2026 results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001628280-26-071025
- Revenue of $150.7 million, up 1% from $149.0 million in Q3 2025.
- Gross margin improved to 75% from 67% in Q3 2025.
- Net loss narrowed to $19.4 million from $27.5 million in Q3 2025.
- Raised 2026 revenue guidance to $625 million to $635 million.
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- Under Item 2.02, it says it issued a press release that day announcing financial results for the quarter ended September 30, 2026, attached as Exhibit 99.1.
- The information is furnished, not 'filed' for purposes of Section 18 of the Exchange Act.
- Item 9.01 lists Exhibit 99.1, a press release dated November 5, 2026, and Exhibit 104, the cover page interactive data file.
- The report is signed by Randy Wu, General Counsel and Secretary, and dated November 5, 2026.
- The press release reports revenue of $150.7 million for the third quarter of 2026, compared with $149.0 million a year earlier, a 1% increase.
- Gross margin was 75%, compared with 67% in the prior year period, which the company attributes primarily to lower inventory write-downs and changes in product mix.
- Operating expenses were $129.0 million, a 3% decrease from $132.5 million.
- Operating loss was $16.1 million, compared with $32.2 million a year earlier.
- Net loss was $19.4 million, compared with $27.5 million.
- Cash and cash equivalents and marketable securities were $575.7 million as of September 30, 2026.
- The company is raising its full year 2026 revenue guidance to a range of $625 million to $635 million, versus the previous $610 million to $630 million.
11 of 12 claims matched the filing text.
Not found in the filing text
- For context, in its 10-Q for the quarter ended June 30, 2026, it reported revenue of $151.0 million and a net loss of $17.9 million.
From the filing
Item 2.02 Results of Operations and Financial Condition.
On November 5, 2026, 10x Genomics, Inc. (the "Company") issued a press release announcing the Company's financial results for the quarter ended September 30, 2026.1 1A copy of the press release is attached hereto as Exhibit 99.1.1
The information furnished pursuant to Item 2.02 in this Current Report on Form 8-K and the press release attached as Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended2 (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description of Exhibits
99.1 Press Release dated November 5 , 2026.3
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).3
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
10x Genomics, Inc.
By:
General Counsel and Secretary4
10x Genomics Reports Third Quarter 2026 Financial Results
PLEASANTON, Calif. November 5, 2026 – 10x Genomics, Inc. (Nasdaq: TXG), the life science technology leader focused on accelerating science and advancing human health, today reported financial results for the third quarter ended September 30, 2026.
Recent Updates
• Revenue was $150.7 million for the third quarter of 2026, representing a 1% increase over the corresponding period of 2025.
• Began global commercial shipments of Atera, with extraordinary early demand translating into ambitious new research programs spanning discovery, translational and biopharma research.
• Introduced Sentira, a cloud analysis platform to help customers turn complex biological datasets into insights, powered by NVIDIA accelerated computing for spatial data processing and Anthropic's Claude for agentic AI analysis of single cell data.
"The biggest highlight of the quarter was the start of commercial shipments of Atera. Enthusiasm for the platform has continued to build, and we are incredibly excited to be putting instruments in customers' hands. We were also encouraged with the results across our broader business, driven by continued strength in consumables," said Serge Saxonov, Co-founder and CEO of 10x Genomics. "As biology is entering a new era of AI and data maximalism, 10x is positioned incredibly well to benefit and to be the key enabler of progress going forward."
Third Quarter 2026 Financial Results
Revenue was $150.7 million for the third quarter of 2026, as compared to $149.0 million for the corresponding period of 2025.5 5Revenue increased 1% over the corresponding period of 2025.5
Gross margin was 75% for the third quarter of 2026, as compared to 67% for the corresponding prior year period.6 6The increase in gross margin was primarily due to lower inventory write-downs and changes in product mix.6
Operating expenses were $129.0 million for the third quarter of 2026, a 3% decrease from $132.5 million for the corresponding prior year period.7 The decrease was primarily driven by lower personnel and lab equipment expenses, partially offset by higher litigation expenses.
Cash and cash equivalents and marketable securities were $575.7 million as of September 30, 2026.10
2026 Financial Guidance
10x Genomics is raising its full year 2026 revenue guidance and now expects revenue in the range of $625 million to $635 million, versus the previous range of $610 million to $630 million.11 Excluding the non-recurring license and royalty revenue related to patent litigation settlements in both 2026 and 2025, this represents 4% to 6% growth over full year 2025.
Webcast and Conference Call Information
10x Genomics will host a conference call to discuss the third quarter 2026 financial results, business developments and outlook after market close on Thursday, November 5, 2026 at 1:30 PM Pacific Time / 4:30 PM Eastern Time. A webcast of the conference call can be accessed at http://investors.10xgenomics.com . The webcast will be archived and available for replay at least 45 days after the event.
About 10x Genomics
10x Genomics is a life science technology company building products to accelerate the mastery of biology and advance human health. Our integrated research solutions include instruments, consumables and software for single cell and spatial biology, which help academic and translational researchers and biopharmaceutical companies understand biological systems at a resolution and scale that matches the complexity of biology. Our products are behind breakthroughs in oncology, immunology, neuroscience and more, fueling powerful discoveries that are transforming the world's understanding of health and disease. To learn more, visit 10xgenomics.com or connect with us on LinkedIn , X , Facebook , Bluesky or YouTube .
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. All statements included in this press release, other than statements of historical facts, may be forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "might," "will," "should," "expect," "plan," "outlook," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "see," "estimate," "predict," "potential," "would," "likely," "seek" or "continue" or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include statements regarding 10x Genomics, Inc.'s products, services, business strategy, collaborations and opportunities; the commercial launch of, demand for and customer adoption of Atera; the capabilities, availability and expected benefits of Sentira, including its use of third-party ac
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