10-Q quarterly report · filed Nov 7, 2025

10x Genomics, Inc. (TXG) Q3 2025 10-Q Quarterly Report

Short answer

10x Genomics, Inc. (TXG) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $149M (down 1.7% year over year) with net income of −$27M.

Q3 2025 key financials · XBRL

Revenue
$149M
−1.7% YoY · −13.8% QoQ
Net income
−$27M
+23.2% YoY · −179.5% QoQ
Operating margin
-21.6%
Gross margin
67.3%
EPS (diluted)
−$0.22
+24.1% YoY · −178.6% QoQ

Source: XBRL data from the 10x Genomics, Inc. (TXG) Q3 2025 10-Q on SEC EDGAR. USD.

10x Genomics, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New acquisition risk from Scale Biosciences asset acquisition in August 2025 with $20M technology transfer payment due Q1 2026 and up to $30M contingent consideration
  • Material update on patent litigation settlements with Vizgen and Bruker, generating total $94M upfront with gain on settlements boosting first-half 2025 revenues
  • Regulatory advantage from July 2025 OBBBA tax law restoring immediate R&D expense deductibility, reducing income tax expense by $3.3M for nine months ended September 2025
  • Market risk from 37-40% decline in instruments revenue for recent periods offset partially by 1-2% growth in consumables sales impacting near-term sales performance
  • Liquidity risk from operating losses and $1.5B accumulated deficit despite $482M cash balance; potential future funding needs due to cash burn and contingent acquisition payments

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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