OverviewSuggest Edit

10X Genomics is a company building products for research institutions and pharmaceutical companies across the life sciences, including oncology, immunology, and neuroscience. The company develops DNA sequencing technology and focuses on accelerating genomic discovery. Its integrated solutions include instruments, consumables, and software for analyzing biological systems.

TypePublic
Founded2012
HQPleasanton, CA, US
Website10xgenomics.com
Employee Ratings4.3
Overall CultureC+

Latest Updates

Employees (est.) (Sept 2021)1,148(+10%)
Job Openings139
Revenue (FY, 2020)$298.8 M(+22%)
Share Price (May 2022)$40.9(+4%)
Cybersecurity ratingBMore
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Key People/Management at 10X Genomics

Serge Saxonov

Serge Saxonov

Chief Executive Officer, Co-Founder
Kim Popovits

Kim Popovits

Director
Shehnaaz Suliman

Shehnaaz Suliman

Director
Brad Crutchfield

Brad Crutchfield

Chief Commercial Officer
Sridhar Kosaraju

Sridhar Kosaraju

Director
Justin McAnear

Justin McAnear

Chief Financial Officer
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10X Genomics Office Locations

10X Genomics has offices in Pleasanton, San Francisco, Shanghai, Leiden and in 1 other location
Pleasanton, CA, US (HQ)
6230 Stoneridge Mall Rd
San Francisco, CA, US
Three Embarcadero Center, San Francisco
Shanghai, CN
1018 Changning Rd, Zhong Shan Gong Yuan, Changning Qu
Leiden, NL
Schipholweg 103
Singapore, SG
20 Science Park Rd, 02 32a 33
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10X Genomics Financials and Metrics

10X Genomics Revenue

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10X Genomics's revenue was reported to be $298.85 m in FY, 2020 which is a 21.5% increase from the previous period.
USD

Revenue (Q3, 2021)

125.3m

Gross profit (Q3, 2021)

100.8m

Gross profit margin (Q3, 2021), %

80.4%

Net income (Q3, 2021)

(17.2m)

EBIT (Q3, 2021)

(15.9m)

Market capitalization (12-May-2022)

4.6b

Closing stock price (12-May-2022)

40.9

Cash (30-Sept-2021)

600.4m

EV

4.0b
10X Genomics's current market capitalization is $4.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

146.3m245.9m298.8m

Revenue growth, %

106%68%22%

Cost of goods sold

28.7m61.0m58.5m

Gross profit

117.7m184.9m240.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

53.6m55.8m61.2m71.9m42.9m71.8m105.8m115.8m125.3m

Cost of goods sold

14.0m15.0m15.5m15.1m10.1m14.4m17.1m4.9m24.5m

Gross profit

39.6m40.8m45.7m56.8m32.9m57.4m88.8m110.9m100.8m

Gross profit Margin, %

74%73%75%79%77%80%84%96%80%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

65.1m424.2m663.6m

Accounts Receivable

28.1m33.4m51.2m

Prepaid Expenses

4.5k8.0m13.0m

Inventories

8.6m15.3m30.0m
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

56.0m427.4m372.4m403.7m768.8m617.2m622.0m600.4m

Accounts Receivable

26.8m26.2m30.9m22.7m36.0m57.4m59.7m36.0m

Prepaid Expenses

7.3k7.1m9.4m11.1m14.4m13.3m11.1m

Inventories

12.3m13.3m19.4m21.8m25.1m38.5m44.1m25.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(112.5m)(31.3m)(542.7m)

Depreciation and Amortization

3.9m7.1m14.0m

Inventories

(3.7m)(6.7m)(14.6m)

Accounts Payable

2.6m4.9m(7.8m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(3.6m)(14.5m)(24.1m)(21.1m)(61.3m)(127.2m)(11.6m)(22.6m)(39.8m)

Depreciation and Amortization

1.0m2.2m4.2m3.2m6.5m10.1m4.8m9.6m15.3m

Inventories

(2.6m)(3.8m)(4.7m)(4.1m)(6.5m)(9.8m)(8.6m)(14.2m)(21.3m)

Accounts Payable

(1.3m)(986.0k)2.7m(653.0k)(2.8m)(3.3m)10.9m9.7m12.2m
USDFY, 2018

Debt/Equity

-0.1 x

Debt/Assets

0.2 x

Financial Leverage

-0.6 x

P/E Ratio

(1.4)
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10X Genomics Operating Metrics

FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019

Instruments Installed to Date

4917011.02 k1.28 k1.67 k

Revenue per Installed Instrument

$140 k$72 k$148 k$81 k$158 k

Countries

4040

Patents Issued

175200
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10X Genomics Acquisitions / Subsidiaries

Company NameDateDeal Size
Tetramer ShopFebruary 25, 2021
ReadCoorOctober 05, 2020$350 m
CARTANASeptember 16, 2020$41.2 m
Spatial TranscriptomicsDecember 10, 2018
EPINOMICSAugust 28, 2018

10X Genomics Revenue Breakdown

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10X Genomics revenue breakdown by business segment: 13.4% from Instruments, 84.6% from Consumables and 2.0% from Other

10X Genomics revenue breakdown by geographic segment: 53.3% from North America, 14.0% from China, 24.5% from Europe, the Middle East and Africa and 8.2% from Asia Pacific

10X Genomics Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

10X Genomics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

10X Genomics Online and Social Media Presence

Embed Graph

10X Genomics Company Culture

  • Overall Culture

    C+

    69/100

  • CEO Rating

    C-

    65/100

  • Compensation

    B

    73/100

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10X Genomics News and Updates

10x Genomics Launches Two New Products to Unlock Wider Range of Samples for Single Cell Analysis on Chromium

Fixed RNA Profiling Kit stabilizes human samples at collection; Nuclei Isolation Kit simplifies frozen sample analysis PLEASANTON, Calif., April 14, 2022 /PRNewswire/ -- 10x Genomics (Nasdaq: TXG), a life sciences leader focused on mastering biology to advance human health, today...

Global Genomics Market Report (2021 to 2030) - Featuring 10x Genomics, Qiagen and Denovo Sciences Among Others

Dublin, Feb. 21, 2022 (GLOBE NEWSWIRE) -- The "Genomics Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the…

Outlook on the Genomic Cancer Panel and Profiling Global Market - Featuring 10x Genomics, Abbott Diagnostics and AccuraGen Among Others

Dublin, Jan. 28, 2022 (GLOBE NEWSWIRE) -- The "Genomic Cancer Panel and Profiling Markets by Cancer, by Application, by Tissue and by Gene Type with Screening potential Market Size, Forecasting/Analysis, and Executive and Consultant Guides" report has been added to ResearchAndMarkets.com's offerin…

10x Genomics Adds Global Clinical Research Organizations to Expanded Certified Service Provider Network

PLEASANTON, Calif., Jan. 21, 2022 /PRNewswire/ -- 10x Genomics (Nasdaq: TXG), a life sciences leader focused on mastering biology to advance human health, today announced the expansion of its 10x Certified Service Provider (CSP) Network to include three leading clinical research...

10x Genomics Celebrates Opening of Singapore Manufacturing and Commercial Hub

SINGAPORE, Oct. 25, 2021 /PRNewswire/ -- 10x Genomics (Nasdaq: TXG), a life sciences leader focused on mastering biology to advance human health, today marked a major Asia Pacific (APAC) expansion with the grand opening celebration of its Singapore manufacturing facility and commercial...

Genomics Market Witnesses Emergence of 10X Genomics Inc. & Abcam Plc as Key Market Contributors|17000+ Technavio Reports

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- The genomics market is set to grow by $ 14.51 bn, progressing at a CAGR of over 10.36% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market...
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10X Genomics Blogs

10 Things to Know About the Chromium Single Cell ATAC Solution

The Scientist recently announced that the Chromium Single Cell ATAC Solution from 10x Genomics is among the Top 10 Innovations of 2019!  In honor of this award, we’d like to share 10, well 9, additional things that we want you to know about ATAC, including some of the discoveries that 10x custo…

Uncovering the Role of Hand2 in Congenital Heart Defects

Researchers at the Gladstone Institute of Cardiovascular Diseases recently used single cell RNA sequencing to characterize heart development in mice. They discovered a surprising role for the transcription factor Hand2 in a common phenotype of congenital heart defect. Guest author Jamie Schwendinge…

The Tadpole, the Mouse, and the Worm: Studying Development in Model Organisms

How do single cell solutions apply to the study of developmental biology in model organisms? Here we review three publications that demonstrate the power of transcriptional profiling in single cells to uncover the hidden processes of development, including regeneration, cell type specification, and…

Automate Your Single Cell Workflow

Register for this 10x-pert webinar, hosted by GEN, on December 3, 2019, to learn about Chromium Connect, the new automated solution from 10x Genomics that combines single cell partitioning, barcoding, and library prep in one optimized instrument.

Single Cell Gene Expression Aiding Diabetes Research

November is National Diabetes Month, so we are highlighting some important diabetes research published this year and how 10x Genomics technology played a part in these discoveries.

Antibody Discovery and B Cell Profiling Using Single Cell Immune Sequencing

Researchers from Vanderbilt University recently used single cell immune sequencing to identify a new panel of broadly neutralizing antibodies against HIV. Members of the research team, including graduate student Ian Setliff from the lab of Dr. Ivelin Georgiev, will discuss their discoveries in a 10…
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10X Genomics Frequently Asked Questions

  • When was 10X Genomics founded?

    10X Genomics was founded in 2012.

  • Who are 10X Genomics key executives?

    10X Genomics's key executives are Serge Saxonov, Kim Popovits and Shehnaaz Suliman.

  • How many employees does 10X Genomics have?

    10X Genomics has 1,148 employees.

  • What is 10X Genomics revenue?

    Latest 10X Genomics annual revenue is $298.8 m.

  • What is 10X Genomics revenue per employee?

    Latest 10X Genomics revenue per employee is $260.3 k.

  • Who are 10X Genomics competitors?

    Competitors of 10X Genomics include Oxford Nanopore Technologies, AbCellera Biologics and Benchling.

  • Where is 10X Genomics headquarters?

    10X Genomics headquarters is located at 6230 Stoneridge Mall Rd, Pleasanton.

  • Where are 10X Genomics offices?

    10X Genomics has offices in Pleasanton, San Francisco, Shanghai, Leiden and in 1 other location.

  • How many offices does 10X Genomics have?

    10X Genomics has 5 offices.