NASDAQ$TXG

10X Genomics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

10x Genomics reported Q4 2021 earnings with a 28% revenue increase and provided 2022 outlook.

10x Genomics reported a 28% increase in revenue for Q4 2021, reaching $143.5 million. The company's operating loss was $15.8 million, and net loss was $18.4 million. They also provided full year 2022 revenue guidance of $600 million to $630 million.

  • Revenue for Q4 2021 was $143.5 million, a 28% increase year-over-year.
  • Gross margin for Q4 2021 was 81%, compared to 83% in the prior year period.
  • Operating loss for Q4 2021 was $15.8 million, a significant improvement from the $409.6 million loss in the prior year period.
  • Net loss for Q4 2021 was $18.4 million, compared to a net loss of $415.6 million in the prior year period.

Headline financials

Total Revenue

$144M

Previous: $112M+27.9%
EPS (adj)

-$0.16

Previous: -$0.08-100.0%
Capital Expenditures

$27.6M

Previous: $21.3M+29.4%
Free Cash Flow

-$21.8M

Previous: -$152M+85.6%
Net Income

-$18.4M

Previous: -$416M+95.6%
Operating Income

-$15.8M

Previous: -$410M+96.1%
Gross Profit

$116M

Previous: $93.3M+24.2%
Cash & Equivalents

$587M

Previous: $664M-11.5%
Total Assets

$1.02B

Previous: $929M+9.6%
Stock-Based Comp

$26.9M

Previous: $14.3M+88.5%

Revenue & EPS history

10X Genomics · Revenue · Quarterly

$144M

Q4 2021+27.9%vs Q4 2020
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

10X Genomics · $149M total across 4 segments · Q3 2023

  • Single Cell Consumables
    $100M
  • Spatial Instruments
    $22.7M
  • Spatial Consumables
    $14.1M
  • Single Cell Instruments
    $12.2M

Forward guidance

10x Genomics expects full year 2022 revenue to be in the range of $600 million to $630 million, representing 22% to 28% growth over full year 2021 revenue.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+2.1%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+2.0%

Avg return

30 days after

58%

15 / 26 earnings

Positive

+17.3%

Q3 2025

Best reaction

-21.9%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%-5.9%+38.4%
Q4 2025+3.5%+11.8%+7.3%
Q3 2025+17.3%+28.4%+36.7%
Q1 2025+1.3%+5.7%+9.2%
Q4 2024-0.5%+0.6%-13.8%
Q3 2024+4.0%+3.0%-2.4%
Q2 2024+12.7%+18.8%+18.8%
Q1 2024-5.2%-3.2%-21.1%
Q4 2023+0.8%-1.3%-24.4%
Q3 2023+15.7%+13.7%+33.3%
Q2 2023-4.5%-7.7%-7.9%
Q1 2023+5.9%+5.5%+5.7%
Q4 2022+14.8%+15.2%+7.5%
Q3 2022+13.0%+9.5%+38.1%
Q2 2022+5.4%+13.2%-24.0%
Q1 2022-0.5%-6.4%-10.6%
Q4 2021-15.0%-14.4%-26.7%
Q3 2021+12.7%+7.7%-14.9%
Q2 2021-1.8%-3.3%+3.7%
Q1 2021-21.9%-27.1%-2.6%
Q4 2020-3.1%-7.1%-7.6%
Q3 2020+1.8%+3.3%+11.4%
Q2 2020+0.6%+6.0%+17.1%
Q1 2020-0.4%-6.0%+3.1%
Q4 2019-2.1%-11.4%-40.6%
Q3 2019+3.1%+10.3%+17.3%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro