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10x Genomics, Inc. (TXG) Stock Fundamental Analysis & AI Rating 2026

TXG Nasdaq Laboratory Analytical Instruments DE CIK: 0001770787
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
HOLD
68% Conf
Pending
Analysis scheduled

📊 TXG Key Takeaways

Revenue: $642.8M
Net Margin: -6.8%
Free Cash Flow: $130.1M
Current Ratio: 4.46x
Debt/Equity: 0.00x
EPS: $-0.35
AI Rating: HOLD with 68% confidence
10x Genomics, Inc. (TXG) receives a HOLD rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $642.8M, net profit margin of -6.8%, and return on equity (ROE) of -5.5%, 10x Genomics, Inc. demonstrates mixed fundamentals in the Industrial sector. Below is our complete TXG stock analysis for 2026.

Is 10x Genomics, Inc. (TXG) a Good Investment?

Claude

10x Genomics exhibits strong operational fundamentals with 69.1% gross margins and $130.1M free cash flow generation, supported by a debt-free balance sheet with $474M cash. However, the company is unprofitable at the operating level and revenue growth of only 5.2% YoY is insufficient to offset operational leverage concerns, requiring demonstrated acceleration in growth or faster progress toward profitability.

Why Buy 10x Genomics, Inc. Stock? TXG Key Strengths

Claude
  • + Exceptional gross margin of 69.1% with 20.2% FCF margin demonstrating operational efficiency and pricing power
  • + Fortress balance sheet with zero debt, $474M cash, and 4.46x current ratio providing significant financial flexibility and runway
  • + Improving profitability trend with 76.2% YoY net income improvement and positive $136.1M operating cash flow despite negative operating income

TXG Stock Risks: 10x Genomics, Inc. Investment Risks

Claude
  • ! Currently unprofitable with -$61M operating income and negative ROE/ROA, indicating capital is not generating returns
  • ! Revenue growth of 5.2% YoY is inadequate for a biotech/diagnostic company and insufficient to achieve profitability through scale
  • ! High operating expense base relative to revenue suggests cost structure challenges requiring either significant top-line growth or material expense reduction

Key Metrics to Watch

Claude
  • * Operating margin trend and timeline to achieve positive operating income
  • * Revenue growth rate acceleration above 5% threshold
  • * Operating expense ratio trend and operational leverage realization as revenue scales

10x Genomics, Inc. (TXG) Financial Metrics & Key Ratios

Revenue
$642.8M
Net Income
$-43.5M
EPS (Diluted)
$-0.35
Free Cash Flow
$130.1M
Total Assets
$1.0B
Cash Position
$474.0M

💡 AI Analyst Insight

The 20.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 4.46x current ratio provides a solid financial cushion.

TXG Profit Margin, ROE & Profitability Analysis

Gross Margin 69.1%
Operating Margin -9.5%
Net Margin -6.8%
ROE -5.5%
ROA -4.2%
FCF Margin 20.2%

TXG vs Industrial Sector: How 10x Genomics, Inc. Compares

How 10x Genomics, Inc. compares to Industrial sector averages

Net Margin
TXG -6.8%
vs
Sector Avg 10.0%
TXG Sector
ROE
TXG -5.5%
vs
Sector Avg 15.0%
TXG Sector
Current Ratio
TXG 4.5x
vs
Sector Avg 1.8x
TXG Sector
Debt/Equity
TXG 0.0x
vs
Sector Avg 0.7x
TXG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is 10x Genomics, Inc. Stock Overvalued? TXG Valuation Analysis 2026

Based on fundamental analysis, 10x Genomics, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
-5.5%
Sector avg: 15%
Net Profit Margin
-6.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

10x Genomics, Inc. Balance Sheet: TXG Debt, Cash & Liquidity

Current Ratio
4.46x
Quick Ratio
4.09x
Debt/Equity
0.00x
Debt/Assets
23.5%
Interest Coverage
-60,985.00x
Long-term Debt
$0.0

TXG Revenue & Earnings Growth: 5-Year Financial Trend

TXG 5-year financial data: Year 2021: Revenue $490.5M, Net Income -$31.3M, EPS $-0.80. Year 2022: Revenue $516.4M, Net Income -$542.7M, EPS $-5.37. Year 2023: Revenue $618.7M, Net Income -$58.2M, EPS $-0.53. Year 2024: Revenue $618.7M, Net Income -$166.0M, EPS $-1.46. Year 2025: Revenue $642.8M, Net Income -$255.1M, EPS $-2.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: 10x Genomics, Inc.'s revenue has grown significantly by 31% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.18 indicates the company is currently unprofitable.

TXG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.2%
Free cash flow / Revenue

TXG Quarterly Earnings & Performance

Quarterly financial performance data for 10x Genomics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $149.0M -$27.3M $-0.22
Q2 2025 $153.1M $180.0K $0.00
Q1 2025 $141.0M -$34.4M $-0.28
Q3 2024 $151.7M -$35.8M $-0.30
Q2 2024 $146.8M -$37.9M $-0.32
Q1 2024 $134.3M -$50.7M $-0.44
Q3 2023 $131.1M -$41.9M $-0.37
Q2 2023 $114.6M -$42.4M $-0.53

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

10x Genomics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$136.1M
Cash generated from operations
Stock Buybacks
$80.0K
Shares repurchased (TTM)
Capital Expenditures
$5.9M
Investment in assets
Dividends
None
No dividend program

TXG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for 10x Genomics, Inc. (CIK: 0001770787)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 4 xslF345X06/form4.xml View →
Mar 25, 2026 4 xslF345X06/form4.xml View →
Mar 4, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about TXG

What is the AI rating for TXG?

10x Genomics, Inc. (TXG) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TXG's key strengths?

Claude: Exceptional gross margin of 69.1% with 20.2% FCF margin demonstrating operational efficiency and pricing power. Fortress balance sheet with zero debt, $474M cash, and 4.46x current ratio providing significant financial flexibility and runway.

What are the risks of investing in TXG?

Claude: Currently unprofitable with -$61M operating income and negative ROE/ROA, indicating capital is not generating returns. Revenue growth of 5.2% YoY is inadequate for a biotech/diagnostic company and insufficient to achieve profitability through scale.

What is TXG's revenue and growth?

10x Genomics, Inc. reported revenue of $642.8M.

Does TXG pay dividends?

10x Genomics, Inc. does not currently pay dividends.

Where can I find TXG SEC filings?

Official SEC filings for 10x Genomics, Inc. (CIK: 0001770787) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TXG's EPS?

10x Genomics, Inc. has a diluted EPS of $-0.35.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TXG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, 10x Genomics, Inc. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TXG stock overvalued or undervalued?

Valuation metrics for TXG: ROE of -5.5% (sector avg: 15%), net margin of -6.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy TXG stock in 2026?

Our dual AI analysis gives 10x Genomics, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TXG's free cash flow?

10x Genomics, Inc.'s operating cash flow is $136.1M, with capital expenditures of $5.9M. FCF margin is 20.2%.

How does TXG compare to other Industrial stocks?

Vs Industrial sector averages: Net margin -6.8% (avg: 10%), ROE -5.5% (avg: 15%), current ratio 4.46 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI