QTRX · Quanterix Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.41M | - | $40.23M | $24.48M | $30.33M | - | $35.81M | $34.38M | $32.07M | - |
| Cost of Revenue | $20.85M | - | $23.03M | $13.18M | $13.92M | - | $15.66M | $14.32M | $12.44M | - |
| Gross Profit | $15.57M | - | $17.21M | $11.30M | $16.41M | - | $20.15M | $20.06M | $19.63M | - |
| R&D | $7.32M | - | $8.01M | $9.08M | $10.04M | - | $8.10M | $8.10M | $6.67M | - |
| SG&A | $29.77M | - | $39.06M | $31.35M | $32.46M | - | $22.91M | $24.14M | $25.99M | - |
| Total Operating Expenses | $56.93M | - | $54.53M | $48.40M | $42.78M | - | $31.90M | $33.17M | $33.59M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($41.36M) | - | ($37.33M) | ($37.10M) | ($26.37M) | - | ($11.75M) | ($13.11M) | ($13.97M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($7.0K) | - | ($2.48M) | ($73.0K) | ($2.91M) | - | $145.0K | $37.0K | $260.0K | - |
| Net Income | ($17.54M) | - | ($33.52M) | ($30.01M) | ($20.50M) | - | ($8.35M) | ($9.47M) | ($10.07M) | - |
| EPS - Basic | ($0.37) | - | ($0.73) | ($0.77) | ($0.53) | - | ($0.22) | ($0.25) | ($0.26) | - |
| EPS - Diluted | ($0.37) | - | ($0.73) | ($0.77) | ($0.53) | - | ($0.22) | ($0.25) | ($0.26) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.18M | $29.84M | $38.30M | $132.90M | $76.51M | $56.71M | $29.34M | $47.00M | $45.28M | $174.42M |
| Accounts Receivable | $26.78M | $29.97M | $33.03M | $23.55M | $28.26M | $32.14M | $31.09M | $31.78M | $29.28M | $25.41M |
| Inventory | $50.96M | $54.76M | $54.96M | $30.14M | $31.03M | $32.77M | $32.97M | $28.36M | $26.02M | $22.36M |
| Accounts Payable | $8.66M | $13.57M | $10.63M | $9.12M | $6.73M | $6.95M | $6.38M | $7.27M | $3.91M | $5.05M |
| Current Assets | $185.72M | $212.26M | $233.28M | $322.12M | $335.00M | $363.59M | $366.96M | $365.73M | $366.76M | $378.39M |
| Total Assets | $366.67M | $418.77M | $444.14M | $375.61M | $396.51M | $406.53M | $411.03M | $411.29M | $411.75M | $425.01M |
| Current Liabilities | $49.91M | $74.76M | $77.35M | $48.20M | $40.40M | $42.01M | $36.45M | $37.54M | $32.24M | $38.46M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $84.53M | $123.04M | $129.61M | $83.15M | $80.12M | $76.50M | $72.14M | $74.54M | $70.31M | $78.08M |
| Stockholders' Equity | $282.14M | $295.73M | $314.53M | $292.46M | $316.39M | $330.04M | $338.88M | $336.75M | $341.44M | $346.93M |
| Retained Earnings | ($594.77M) | ($577.23M) | ($554.12M) | ($520.60M) | ($490.58M) | ($470.08M) | ($458.45M) | ($454.04M) | ($444.57M) | ($434.50M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($18.11M) | - | - | - | ($13.89M) | - | - | - | ($20.16M) | - |
| Investing Cash Flow | $25.26M | - | - | - | $32.76M | - | - | - | ($109.19M) | - |
| Financing Cash Flow | ($770.0K) | - | - | - | $93.0K | - | - | - | $599.0K | - |
| CapEx | $87.0K | - | - | - | $1.26M | - | - | - | $506.0K | - |
| Free Cash Flow | ($18.19M) | - | - | - | ($15.14M) | - | - | - | ($20.67M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 42.7% | - | 42.8% | 46.2% | 54.1% | - | 56.3% | 58.3% | 61.2% | - |
| Operating margin | -113.6% | - | -92.8% | -151.6% | -86.9% | - | -32.8% | -38.1% | -43.6% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -48.2% | - | -83.3% | -122.6% | -67.6% | - | -23.3% | -27.6% | -31.4% | - |
| Free cash flow margin | -50.0% | - | - | - | -49.9% | - | - | - | -64.5% | - |
| FCF / Net income | 1.04 | - | - | - | 0.74 | - | - | - | 2.05 | - |
| R&D / Revenue | 20.1% | - | 19.9% | 37.1% | 33.1% | - | 22.6% | 23.6% | 20.8% | - |
| SG&A / Revenue | 81.8% | - | 97.1% | 128.1% | 107.0% | - | 64.0% | 70.2% | 81.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.8% | - | -7.5% | -8.0% | -5.2% | - | -2.0% | -2.3% | -2.4% | - |
| Return on equity | -6.2% | - | -10.7% | -10.3% | -6.5% | - | -2.5% | -2.8% | -2.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.72 | 2.84 | 3.02 | 6.68 | 8.29 | 8.66 | 10.07 | 9.74 | 11.38 | 9.84 |
| Quick ratio | 2.70 | 2.11 | 2.31 | 6.06 | 7.53 | 7.88 | 9.16 | 8.99 | 10.57 | 9.26 |
| Cash ratio | 0.73 | 0.40 | 0.50 | 2.76 | 1.89 | 1.35 | 0.80 | 1.25 | 1.40 | 4.54 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.30 | 1.42 | 1.41 | 1.28 | 1.25 | 1.23 | 1.21 | 1.22 | 1.21 | 1.23 |
| Liabilities / Assets | 0.23 | 0.29 | 0.29 | 0.22 | 0.20 | 0.19 | 0.18 | 0.18 | 0.17 | 0.18 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | - | 0.09 | 0.07 | 0.08 | - | 0.09 | 0.08 | 0.08 | - |
| Inventory turnover | 0.41 | - | 0.42 | 0.44 | 0.45 | - | 0.47 | 0.50 | 0.48 | - |
| Days sales outstanding | 268d | - | 300d | 351d | 340d | - | 317d | 337d | 333d | - |
| Days inventory outstanding | 892d | - | 871d | 835d | 814d | - | 768d | 723d | 763d | - |
| Days payable outstanding | 152d | - | 169d | 253d | 177d | - | 149d | 185d | 115d | - |
| Cash conversion cycle | 1009d | - | 1002d | 933d | 977d | - | 937d | 875d | 982d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.6x | - | 0.8x | 0.9x | 0.8x | - | 1.5x | 1.5x | 2.6x | - |
| P / S | 4.5x | - | 6.2x | 10.6x | 8.3x | - | 13.9x | 14.7x | 28.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 20.1% | - | 12.3% | -28.8% | -5.4% | - | 14.3% | 10.8% | 12.7% | - |
| Revenue CAGR (3y) | 8.6% | - | 14.7% | 1.4% | 0.9% | - | 9.0% | 10.7% | 5.6% | - |
| Revenue CAGR (5y) | 6.0% | - | 5.1% | 13.3% | 14.0% | - | 19.1% | 31.8% | 33.6% | - |
| Gross profit growth (YoY) | -5.2% | - | -14.6% | -43.7% | -16.4% | - | 13.3% | 4.8% | 16.0% | - |
| Operating income growth (YoY) | -56.9% | - | -217.7% | -183.0% | -88.8% | - | 14.7% | -37.1% | -48.3% | - |
| Net income growth (YoY) | 14.5% | - | -301.3% | -216.8% | -103.6% | - | -7.7% | -56.2% | -65.0% | - |
| EPS growth (YoY) | 30.2% | - | -231.8% | -208.0% | -103.8% | - | -4.8% | -56.3% | -62.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -20.1% | - | - | - | 26.7% | - | - | - | -114.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -10.8% | -10.4% | -7.2% | -13.2% | -7.3% | -4.9% | -4.1% | -5.2% | -4.4% | -3.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$138.65M totalReportable Segment$138.65M · 100.0%
Product / service
$359.59M totalProduct$92.94M · 25.8%
Simoa Product Revenue$71.03M · 19.8%
Service And Other Revenue$44.21M · 12.3%
Consumable And Other Products$42.05M · 11.7%
Simoa Service And Other Revenue$32.39M · 9.0%
Research Services$23.68M · 6.6%
Spatial Product Revenue$21.91M · 6.1%
Spatial Service And Other Revenue$11.82M · 3.3%
Instrument Products$7.04M · 2.0%
Service Type Warranties$6.27M · 1.7%
Other Services$4.51M · 1.3%
License And Service$1.50M · 0.4%
Grant$243.0K · 0.1%
Peer comparison
Same SIC group: Laboratory Analytical Instruments
Comparing Quanterix Corp against the 5 most active filers in the same SIC group.