10x Genomics: Q1 Earnings Snapshot

Published: 2026-05-07 16:35:15 ET TXG

Published on 05/07/2026 at 04:35 pm EDT

PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — 10x Genomics Inc. (TXG) on Thursday reported a loss of $13.5 million in its first quarter.

The Pleasanton, California-based company said it had a loss of 10 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

The life science technology company posted revenue of $150.8 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $145.6 million.

10x Genomics expects full-year revenue in the range of $600 million to $625 million.

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