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Bio-Rad Laboratories vs 10x Genomics: revenue, profit, margins and growth compared

Bio-Rad Laboratories brought in $2.6B of revenue in fiscal 2025, 10x Genomics $642.8M in fiscal 2025. Revenue changed by +0.7% at Bio-Rad Laboratories and +5.2% at 10x Genomics on the year before, so 10x Genomics grew faster. Bio-Rad Laboratories kept 29.4% of its revenue as net profit, 10x Genomics -6.8%. Free cash flow was $374.6M at Bio-Rad Laboratories and $130.1M at 10x Genomics.

Side by side, latest fiscal year

BIOTXG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$642.8M
Revenue growth+0.7%+5.2%
Net income$759.9M-$43.5M
Net margin29.4%-6.8%
Free cash flow$374.6M$130.1M
Free cash flow margin14.5%20.2%
Earnings per share (diluted)$27.85-$0.35
Cash$529.8M$474M
Debt$1.2Bn/a
Price to earnings13.7n/a
Market value$10.2B$11.2B
Dividend yieldn/an/a
Rank by revenue in sector#194 of 451 · Industrials#299 of 451 · Industrials

Over the years

Revenue
BIO FY2018: $2.3BBIO FY2019: $2.3BBIO FY2020: $2.5BBIO FY2021: $2.9BBIO FY2022: $2.8BBIO FY2023: $2.7BBIO FY2024: $2.6BBIO FY2025: $2.6BTXG FY2019: $146.3MTXG FY2019: $245.9MTXG FY2020: $298.8MTXG FY2021: $490.5MTXG FY2022: $516.4MTXG FY2023: $618.7MTXG FY2024: $610.8MTXG FY2025: $642.8MFY18FY19FY20FY21FY22FY23FY24FY25
BIO $2.6BTXG $642.8M
Net income
BIO FY2018: $365.6MBIO FY2019: $1.8BBIO FY2020: $3.8BBIO FY2021: $4.3BBIO FY2022: -$3.6BBIO FY2023: -$637.3MBIO FY2024: -$1.8BBIO FY2025: $759.9MTXG FY2019: -$112.5MTXG FY2019: -$31.3MTXG FY2020: -$542.7MTXG FY2021: -$58.2MTXG FY2022: -$166MTXG FY2023: -$255.1MTXG FY2024: -$182.6MTXG FY2025: -$43.5MFY18FY19FY20FY21FY22FY23FY24FY25
BIO $759.9MTXG -$43.5M
Net margin
BIO FY2018: 16.0%BIO FY2019: 76.1%BIO FY2020: 149.8%BIO FY2021: 145.6%BIO FY2022: -129.5%BIO FY2023: -23.9%BIO FY2024: -71.9%BIO FY2025: 29.4%TXG FY2019: -76.9%TXG FY2019: -12.7%TXG FY2020: -181.6%TXG FY2021: -11.9%TXG FY2022: -32.1%TXG FY2023: -41.2%TXG FY2024: -29.9%TXG FY2025: -6.8%FY18FY19FY20FY21FY22FY23FY24FY25
BIO 29.4%TXG -6.8%
Revenue growth
BIO FY2019: +1.0%BIO FY2020: +10.1%BIO FY2021: +14.8%BIO FY2022: -4.1%BIO FY2023: -4.7%BIO FY2024: -3.9%BIO FY2025: +0.7%TXG FY2019: +68.1%TXG FY2020: +21.5%TXG FY2021: +64.1%TXG FY2022: +5.3%TXG FY2023: +19.8%TXG FY2024: -1.3%TXG FY2025: +5.2%FY19FY20FY21FY22FY23FY24FY25
BIO +0.7%TXG +5.2%
Free cash flow
BIO FY2018: $155.7MBIO FY2019: $359.4MBIO FY2020: $476.4MBIO FY2021: $535.7MBIO FY2022: $81.6MBIO FY2023: $218.2MBIO FY2024: $289.6MBIO FY2025: $374.6MTXG FY2019: -$82.7MTXG FY2019: -$8.1MTXG FY2020: -$254.6MTXG FY2021: -$122.7MTXG FY2022: -$165.3MTXG FY2023: -$63.8MTXG FY2024: -$5.7MTXG FY2025: $130.1MFY18FY19FY20FY21FY22FY23FY24FY25
BIO $374.6MTXG $130.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bio-Rad Laboratories and 10x Genomics

Which is bigger by revenue, Bio-Rad Laboratories or 10x Genomics?

Bio-Rad Laboratories is bigger by revenue: $2.6B in fiscal 2025, against $642.8M for 10x Genomics in fiscal 2025.

Which keeps more of its revenue as profit, Bio-Rad Laboratories or 10x Genomics?

Bio-Rad Laboratories had a net margin of 29.4% in fiscal 2025; 10x Genomics had -6.8% in fiscal 2025.

Which grew revenue faster, Bio-Rad Laboratories or 10x Genomics?

In their latest fiscal years revenue changed by +0.7% at Bio-Rad Laboratories and +5.2% at 10x Genomics.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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