earnings
confidence high
sentiment neutral
materiality 0.70
10x Genomics Q2 revenue $151M (+3% ex-settlements); raises FY2026 guidance to $610-630M
10x Genomics, Inc.
- Revenue $151.0M, up 3% YoY excluding patent settlement revenue; gross margin 74% vs 72%.
- Operating loss $19.6M vs prior-year operating income $30.1M; net loss $17.9M vs net income $34.5M.
- Acquired Proteintech Genomics for protein detection; collaborations with Cleveland Clinic and Lausanne University Hospital.
- Raises FY2026 revenue guidance to $610-630M from $600-625M, representing 2-5% growth ex-settlements.
- Cash and marketable securities $552.0M as of June 30, 2026.