Financials · QTRX

Quanterix Corporation (QTRX) financials

For the twelve months ended Sep 30, 2026, Quanterix Corporation reported $148.15M of revenue and -$111.18M of net income.

Revenue, TTM
$148.15M
Revenue growth, YoY
+13.8%
Net income, TTM
-$111.18M
Net margin
-75.0%
Free cash flow, TTM
-$56.23M
EPS, diluted, TTM
-$2.35
Cash
$35.86M
P/S
1.05
Market cap
$155.1M
Annual revenue$138.90M
FY2016FY2025
Annual net income-$107.15M
FY2016FY2025
Annual free cash flow-$79.85M
FY2016FY2025

QTRX revenue and earnings growth

QTRX revenueQ3 2026$34.97M

Quarter YoY
-13.1%
QoQ
+6.3%
FY YoY
+1.1%
5Y CAGR
+10.0%

QTRX revenue was $34.97M in fiscal Q3 2026 (ended Sep 30, 2026), down 13.1% from a year earlier and up 6.3% from the prior quarter. For the full fiscal 2025 it was $138.90M, up 1.1% from fiscal 2024. Compound annual growth was +10.0% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

QTRX net incomeQ3 2026-$21.59M

QTRX net income was -$21.59M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$33.52M a year earlier. For the full fiscal 2025 it was -$107.15M, compared with -$38.53M in fiscal 2024.

QTRX EPSQ3 2026-$0.46

QTRX diluted EPS was -$0.46 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.73 a year earlier. For the full fiscal 2025 it was -$2.51, compared with -$1.00 in fiscal 2024.

QTRX free cash flowQ3 2026-$16.28M

QTRX free cash flow was -$16.28M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$41.93M a year earlier. For the full fiscal 2025 it was -$79.85M, compared with -$38.53M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$138.90M$137.42M$122.37M$105.52M$110.56M$86.38M$56.73M$37.63M$22.87M$17.59M
Cost of revenue$73.94M$54.32M$48.14M$60.16M$45.78M$38.20M$29.90M$19.68M$12.89M$9.84M
Gross profit$64.96M$83.10M$74.22M$45.36M$64.77M$48.18M$26.84M$17.95M$9.99M$7.75M
Research and development$35.92M$31.08M$26.06M$26.81M$28.38M$20.17M$16.19M$15.80M$16.30M$16.99M
Selling, general and admin$138.01M$101.62M$89.11M$91.85M$92.91M$59.59M$52.25M$33.69M$19.69M$12.47M
Operating income-$125.54M-$52.62M-$45.99M-$104.26M-$56.52M-$31.58M-$41.60M-$31.55M-$26.00M-$21.71M
Pre-tax income-$112.27M-$38.10M-$27.64M-$99.41M-$55.58M-$31.91M-$40.98M-$31.51M-$27.02M-$23.17M
Income tax-$5.12M$434.0K$719.0K$164.0K-$36.0K-$376.0K-$187.0K$25.0K$0-
Net income-$107.15M-$38.53M-$28.35M-$99.57M-$55.55M-$31.53M-$40.80M-$31.54M-$27.02M-$23.17M
EPS, basic-$2.51-$1.00-$0.75-$2.69-$1.54-$1.07-$1.63---
EPS, diluted-$2.51-$1.00-$0.75-$2.69-$1.54-$1.07-$1.63---
Diluted shares42.6M38.4M37.6M37.0M36.0M29.6M25.1M22.0M3.8M2.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$29.84M$59.32M$177.03M$341.34M$399.27M$182.58M$110.18M$45.43M$79.68M$29.67M
Short-term investments-$0$6.89M$0------
Receivables$29.97M$32.14M$25.41M$19.02M$23.79M$17.18M$10.91M$6.79M$5.60M-
Inventory$54.76M$32.77M$26.12M$16.96M$22.19M$14.86M$10.46M$5.95M$3.57M-
Current assets$212.26M$363.59M$382.10M$381.52M$448.95M$219.60M$132.66M$59.50M$89.25M-
Goodwill$26.38M$0$0$0$9.63M$10.46M$9.35M$1.31M--
Total assets$418.77M$406.53M$428.57M$433.58M$501.53M$271.05M$169.95M$67.61M$91.78M-
Current liabilities$74.76M$42.01M$38.98M$31.35M$36.98M$39.80M$19.83M$18.13M$19.71M-
Short-term debt-----$7.67M$75.0K-$5.04M-
Long-term debt------$7.59M$7.62M$4.35M-
Total debt-----$7.69M$7.66M$7.62M$9.38M-
Total liabilities$123.04M$76.50M$78.61M$75.65M$60.58M$64.92M$41.29M$26.55M$25.91M-
Shareholders' equity$295.73M$330.04M$349.96M$357.93M$442.79M$205.82M$128.66M$41.06M$65.87M-$115.11M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$77.24M-$35.16M-$18.85M-$48.61M-$47.62M-$23.36M-$26.19M-$28.72M-$22.11M-$17.74M
Capital expenditures$2.61M$3.37M$3.84M$11.61M$13.68M$3.93M$10.85M$1.52M$1.13M$526.0K
Free cash flow-$79.85M-$38.53M-$22.69M-$60.23M-$61.30M-$27.30M-$37.03M-$30.24M-$23.24M-$18.27M
Investing cash flow$50.23M-$82.27M-$148.45M-$11.09M-$6.40M-$626.0K-$25.38M-$5.45M-$1.13M-$826.0K
Financing cash flow-$708.0K$456.0K$2.69M$2.31M$270.80M$96.24M$116.20M-$78.0K$73.25M$45.92M
Stock-based compensation$20.72M$19.99M$16.82M$15.38M$15.97M$10.10M$6.39M$4.88M$2.17M$928.0K
Depreciation and amortization$15.84M$6.46M$6.28M$5.41M$4.88M$4.31M$3.01M$1.35M$482.0K$444.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY1.1%12.3%16.0%-4.6%28.0%52.2%50.8%64.5%30.1%-
Gross margin46.8%60.5%60.7%43.0%58.6%55.8%47.3%47.7%43.7%44.1%
Operating margin-90.4%-38.3%-37.6%-98.8%-51.1%-36.6%-73.3%-83.8%-113.7%-123.5%
Net margin-77.1%-28.0%-23.2%-94.4%-50.2%-36.5%-71.9%-83.8%-118.1%-131.8%
Free cash flow margin-57.5%-28.0%-18.5%-57.1%-55.4%-31.6%-65.3%-80.4%-101.6%-103.9%
Return on equity-36.2%-11.7%-8.1%-27.8%-12.5%-15.3%-31.7%-76.8%-41.0%-
Return on assets-25.6%-9.5%-6.6%-23.0%-11.1%-11.6%-24.0%-46.6%-29.4%-
Current ratio2.848.669.8012.1712.145.526.693.284.53-
Debt to equity-----0.040.060.190.14-

Source: XBRL data Quanterix Corporation files with the SEC, latest filing dated Nov 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

QTRX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
QTRX$148.15M+13.8%-$111.18M-75.0%$155.1M
A$7.37B+8.6%$1.44B19.5%$50.15B
WAT$4.64B+52.5%$166.14M3.6%$46.72B
MTD$4.20B+6.5%$934.07M22.2%$34.84B
RVTY$2.91B+4.1%$237.55M8.2%$17.75B
AVTR$6.64B+0.9%$337.20M5.1%$10.55B
BIO$2.59B+1.4%$1.02B39.5%$10.39B
BRKR$3.51B+2.2%-$123.40M-3.5%$9.51B
TXG$618.58M-3.6%-$67.08M-10.8%$8.27B

QTRX FAQ

9 questions
  • What is QTRX revenue?
    Quanterix Corporation (QTRX) reported $148.15M of revenue for the twelve months ended Sep 30, 2026. That is up 13.8% from the year before. Revenue for fiscal 2025 was $138.90M.
  • Is QTRX profitable?
    No. Quanterix Corporation reported a net loss of $111.18M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does QTRX have?
    Quanterix Corporation reported $35.86M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is QTRX revenue growing?
    Quanterix Corporation's revenue changed +1.1% in fiscal 2025, to $138.90M. Its compound annual growth rate was +10.0% over 5 years.
  • What is QTRX gross margin?
    Quanterix Corporation's gross profit was $65.96M on $148.15M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 44.5%.
  • What is QTRX free cash flow?
    Quanterix Corporation generated -$56.23M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$55.87M less capital expenditures.
  • What is QTRX earnings per share?
    Diluted earnings per share were -$2.35 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did QTRX last report financial results?
    The latest statements here come from Quanterix Corporation's 10-Q filed on Nov 9, 2026, covering the period ended Sep 30, 2026.
  • Where does this QTRX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Quanterix Corporation files with the SEC. It is provided for information only and is not investment advice.