---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008804"
form_type: "8-K"
ticker: "QTRX"
cik: "0001503274"
company_name: "Quanterix Corp"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:56:19.435131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quanterix Q1 revenue $28.5M, net loss narrows; raises FY 2023 revenue guidance to $104-111M

## Summary
- Q1 2023 revenue $28.5M, down 4% YoY from $29.6M, but up 10% sequentially from Q4 2022.
- GAAP gross margin improved to 59.5% from 49.3% YoY; non-GAAP gross margin 53.1%.
- Net loss narrowed 66% to $6.1M from $18.2M in Q1 2022.
- Unrestricted cash $329.4M; cash burn $9.1M in Q1.
- Raised FY 2023 revenue guidance to $104-111M (core +9% YoY); expects GAAP gross margin high 40s.

## SEC filing metadata
- accession: 0001558370-23-008804
- form_type: 8-K
- ticker: QTRX
- cik: 0001503274
- company_name: Quanterix Corp
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/0001558370-23-008804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/tmb-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008804
- JSON: https://secwatch.observer/filing/0001558370-23-008804.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008804.txt

## Key facts
- Earnings Releases
  Quanterix Corp reported full year 2023 results: revenue $99.5 - $106.5. Guidance raised.
  - Period: full year 2023
  - Revenue: $99.5 - $106.5
  - Guidance: raised
  - Result: guidance update
  source text: 2023 Guidance We have made a modest positive adjustment to our full year 2023 Revenue and Gross Margin % guidance 1 Gross Margin % Expect FY 2023 GAAP gross margin in the high 40s and non-GAAP gross margin in the mid 40s $4.5 2023 Guidance ~$11.0 2022 Actual Revenue ~$94.5 $99.5 - $106.5 $105.5 $104 - $111 (in millions) Pharma Collaboration(s) Core product and services revenue +9% MP YoY Cash Burn Cash burn guidance remains unchanged. Expect cash burn to improve by approximately 10% in 2023 versus 2022 Cash flow positive at $170-$190M in revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/0001558370-23-008804-index.htm
- Earnings Releases
  Quanterix Corp reported three months ended March 31, 2023 results: revenue $28.5 million, net income -$6.1 million.
  - Period: three months ended March 31, 2023
  - Revenue: $28.5 million
  - Net income: -$6.1 million
  - Result: reported results
  source text: First Quarter 2023 Financial Highlights ● Q1 total revenue was $28.5 million versus prior year Q1 of $29.6 million, a decrease of 4% driven by a decline in instrument revenue. Q1 total revenue increased 10% from Q4 2022 driven by increased consumable revenue. ● Gross margin, a key success indicator of the strategic realignment, saw strong quarter over quarter improvement. Q1 2023 GAAP gross margin was 59.5% versus Q1 2022 GAAP gross margin of 49.3% and Q4 2022 GAAP gross margin of 48.8%. Q1 2023 non-GAAP gross margin was 53.1% versus Q1 2022 non-GAAP gross margin of 43.2% and Q4 2022 non-GAAP gross margin of 41.3%. ● Q1 net loss was $6.1 million versus prior year Q1 of $18.2 million, a decrease of 66%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1503274/000155837023008804/0001558370-23-008804-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.