NASDAQ : QTRX
Quanterix Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 2.905 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 137.39M
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Financial statements
Quanterix Corporation (QTRX) reported revenue of 153.41M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 153.41M | 138.90M | 137.42M | 122.37M | 105.52M | 110.56M |
| Cost of Revenue | 85.05M | 73.94M | 54.32M | 48.14M | 60.16M | 45.78M |
| Gross Profit | 68.36M | 64.96M | 83.10M | 74.22M | 45.36M | 64.77M |
| Selling, General & Admin | 130.21M | 120.71M | 100.52M | 89.11M | 91.85M | 92.91M |
| Research & Development | 30.85M | 30.82M | 31.08M | 26.06M | 26.81M | 28.38M |
| Operating Expenses | 161.06M | 151.53M | 131.60M | 115.17M | 118.66M | 121.29M |
| Operating Income | -92.70M | -86.57M | -48.50M | -40.95M | -73.30M | -56.52M |
| Interest Expense | -403.00K | |||||
| Interest & Investment Income | 4.26M | 8.57M | 14.65M | 15.84M | 5.13M | |
| Currency Exchange Gain (Loss) | -1.00M | -400.00K | ||||
| Other Non Operating Income (Expenses) | 21.23M | 157.00K | -136.00K | 2.52M | ||
| EBT Excluding Unusual Items | -67.21M | -77.85M | -33.98M | -22.59M | -69.17M | -57.32M |
| Merger & Restructuring Charges | -11.24M | -21.24M | -4.12M | -3.71M | -1.41M | |
| Impairment of Goodwill | -33.31M | -6.37M | ||||
| Asset Writedown | -13.51M | -1.35M | -1.33M | -29.56M | ||
| Other Unusual Items | -25.00K | -5.45M | 723.00K | 1.74M | ||
| Pretax Income | -125.30M | -112.27M | -38.10M | -27.64M | -99.41M | -55.58M |
| Income Tax Expense | -2.20M | -5.12M | 434.00K | 719.00K | 164.00K | -36.00K |
| Net Income | -123.11M | -107.15M | -38.53M | -28.35M | -99.57M | -55.55M |
| Net Income to Common | -123.11M | -107.15M | -38.53M | -28.35M | -99.57M | -55.55M |
| Shares Outstanding (Basic) | 46.77M | 42.64M | 38.37M | 37.59M | 36.99M | 36.00M |
| Shares Outstanding (Diluted) | 46.77M | 42.64M | 38.37M | 37.59M | 36.99M | 36.00M |
| EPS (Basic) | -2.63 | -2.51 | -1.00 | -0.75 | -2.69 | -1.54 |
| EPS (Diluted) | -2.63 | -2.51 | -1.00 | -0.75 | -2.69 | -1.54 |
| Free Cash Flow | -81.68M | -79.85M | -38.53M | -22.69M | -60.23M | -61.30M |
| Free Cash Flow Per Share | -1.75 | -1.87 | -1.00 | -0.60 | -1.63 | -1.70 |
| Gross Margin | 44.56% | 46.77% | 60.47% | 60.66% | 42.99% | 58.59% |
| Operating Margin | -60.42% | -62.33% | -35.29% | -33.47% | -69.46% | -51.12% |
| Profit Margin | -80.25% | -77.14% | -28.04% | -23.17% | -94.36% | -50.24% |
| Free Cash Flow Margin | -53.24% | -57.49% | -28.04% | -18.54% | -57.07% | -55.44% |
| EBITDA | -70.50M | -71.93M | -42.03M | -34.68M | -67.89M | -51.64M |
| EBITDA Margin | -45.96% | -51.78% | -30.59% | -28.34% | -64.33% | -46.71% |
| D&A For EBITDA | 22.19M | 14.64M | 6.46M | 6.28M | 5.41M | 4.88M |
| EBIT | -92.70M | -86.57M | -48.50M | -40.95M | -73.30M | -56.52M |
| EBIT Margin | -60.42% | -62.33% | -35.29% | -33.47% | -69.46% | -51.12% |
| Revenue as Reported | 153.41M | 138.90M | 137.42M | 122.37M | 105.52M | 110.56M |
| Advertising Expenses | 300.00K | 500.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 44.17M | 29.84M | 56.71M | 174.42M | 338.74M | 396.46M |
| Short-Term Investments | 49.36M | 88.39M | 232.41M | 146.90M | ||
| Cash & Short-Term Investments | 93.53M | 118.23M | 289.12M | 321.32M | 338.74M | 396.46M |
| Receivables | 22.34M | 29.97M | 32.14M | 25.41M | 19.02M | 23.79M |
| Inventory | 47.60M | 54.76M | 32.77M | 26.12M | 16.96M | 22.19M |
| Prepaid Expenses | 7.58M | 9.29M | 9.56M | 9.23M | 6.80M | 6.07M |
| Other Current Assets | 440.00K | |||||
| Total Current Assets | 171.05M | 212.26M | 363.59M | 382.10M | 381.52M | 448.95M |
| Property, Plant & Equipment | 35.05M | 40.34M | 33.49M | 36.18M | 41.03M | 29.45M |
| Long-Term Investments | 800.00K | |||||
| Goodwill | 26.38M | 9.63M | ||||
| Other Intangible Assets | 105.78M | 131.79M | 4.03M | 6.03M | 7.52M | 10.53M |
| Other Long-Term Assets | 7.74M | 8.01M | 5.42M | 3.46M | 3.51M | 2.96M |
| Total Assets | 319.63M | 418.77M | 406.53M | 428.57M | 433.58M | 501.53M |
| Accounts Payable | 8.89M | 13.57M | 6.95M | 5.05M | 3.84M | 9.21M |
| Accrued Expenses | 16.75M | 23.56M | 20.45M | 19.40M | 16.00M | 19.31M |
| Current Portion of Leases | 7.81M | 7.92M | 4.76M | 4.24M | 2.69M | 1.43M |
| Current Income Taxes Payable | 2.02M | 1.12M | 1.02M | 822.00K | 186.00K | 430.00K |
| Current Unearned Revenue | 14.89M | 20.73M | 8.83M | 9.47M | 8.64M | 6.36M |
| Other Current Liabilities | 7.87M | 241.00K | ||||
| Total Current Liabilities | 50.37M | 74.76M | 42.01M | 38.98M | 31.35M | 36.98M |
| Long-Term Leases | 25.57M | 29.32M | 32.62M | 37.22M | 41.42M | 20.46M |
| Long-Term Unearned Revenue | 2.50M | 5.83M | 1.07M | 1.23M | 1.42M | 1.10M |
| Long-Term Deferred Tax Liabilities | 444.00K | 800.00K | 1.18M | 1.47M | 2.04M | |
| Other Long-Term Liabilities | 3.97M | 12.68M | 2.00K | |||
| Total Liabilities | 82.42M | 123.04M | 76.50M | 78.61M | 75.65M | 60.58M |
| Common Stock | 47.00K | 47.00K | 39.00K | 38.00K | 37.00K | 37.00K |
| Additional Paid-In Capital | 882.04M | 873.64M | 803.16M | 783.14M | 763.63M | 745.94M |
| Retained Earnings | -643.71M | -577.23M | -470.08M | -431.55M | -403.20M | -305.46M |
| Comprehensive Income & Other | -1.17M | -723.00K | -3.08M | -1.67M | -2.54M | 441.00K |
| Total Common Equity | 237.21M | 295.73M | 330.04M | 349.96M | 357.93M | 440.95M |
| Shareholders' Equity | 237.21M | 295.73M | 330.04M | 349.96M | 357.93M | 440.95M |
| Total Liabilities & Equity | 319.63M | 418.77M | 406.53M | 428.57M | 433.58M | 501.53M |
| Total Debt | 33.39M | 37.24M | 37.37M | 41.46M | 44.10M | 21.89M |
| Net Cash (Debt) | 60.14M | 80.99M | 251.75M | 279.86M | 294.64M | 374.57M |
| Net Cash Per Share | 1.29 | 1.90 | 6.56 | 7.44 | 7.97 | 10.41 |
| Filing Date Shares Outstanding | 47.29M | 46.94M | 38.78M | 38.06M | 37.25M | 36.85M |
| Total Common Shares Outstanding | 47.13M | 46.74M | 38.54M | 38.01M | 37.28M | 36.77M |
| Working Capital | 120.68M | 137.50M | 321.59M | 343.11M | 350.18M | 411.98M |
| Book Value Per Share | 5.03 | 6.33 | 8.56 | 9.21 | 9.60 | 11.99 |
| Tangible Book Value | 131.43M | 137.57M | 326.01M | 343.92M | 350.42M | 420.79M |
| Tangible Book Value Per Share | 2.79 | 2.94 | 8.46 | 9.05 | 9.40 | 11.44 |
| Machinery | 30.72M | 22.68M | 18.97M | 17.13M | 15.25M | |
| Leasehold Improvements | 16.13M | 13.29M | 13.07M | 13.69M | 10.41M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -123.11M | -107.15M | -38.53M | -28.35M | -99.57M | -55.55M |
| Depreciation & Amortization | 26.03M | 17.73M | 8.36M | 8.29M | 6.12M | 5.38M |
| Other Amortization | 1.20M | 1.20M | ||||
| Asset Writedown & Restructuring Costs | 48.15M | 7.75M | 1.36M | 25.80M | ||
| Loss (Gain) From Sale of Investments | -713.00K | -2.08M | -6.83M | -1.96M | ||
| Stock-Based Compensation | 18.62M | 20.72M | 19.99M | 16.82M | 15.38M | 15.97M |
| Provision & Write-off of Bad Debts | 1.41M | 628.00K | 588.00K | 336.00K | -301.00K | 213.00K |
| Other Operating Activities | -25.37M | -13.68M | 55.00K | -150.00K | -340.00K | 692.00K |
| Change in Accounts Receivable | 7.95M | 10.61M | -7.70M | -6.70M | 5.16M | -6.85M |
| Change in Inventory | 8.69M | 4.03M | -6.68M | -8.94M | 7.24M | -10.12M |
| Change in Accounts Payable | -10.09M | -528.00K | 723.00K | 1.19M | -5.29M | 2.34M |
| Change in Unearned Revenue | -9.75M | 2.60M | 1.46M | |||
| Change in Other Net Operating Assets | -23.94M | -16.46M | -5.13M | -741.00K | -5.42M | -1.16M |
| Operating Cash Flow | -80.92M | -77.24M | -35.16M | -18.85M | -48.61M | -47.62M |
| Capital Expenditures | -762.00K | -2.61M | -3.37M | -3.84M | -11.61M | -13.68M |
| Cash Acquisitions | -84.28M | -93.23M | ||||
| Investment in Securities | 79.55M | 146.07M | -78.90M | -144.61M | ||
| Other Investing Activities | 520.00K | 7.28M | ||||
| Investing Cash Flow | -5.49M | 50.23M | -82.27M | -148.45M | -11.09M | -6.40M |
| Long-Term Debt Repaid | -7.74M | |||||
| Net Debt Issued (Repaid) | -171.00K | -7.74M | ||||
| Issuance of Common Stock | 410.00K | 738.00K | 3.07M | 2.89M | 2.31M | 278.53M |
| Repurchase of Common Stock | -469.00K | -1.45M | -2.61M | -198.00K | ||
| Other Financing Activities | -1.44M | |||||
| Financing Cash Flow | -1.67M | -708.00K | 456.00K | 2.69M | 2.31M | 270.80M |
| Foreign Exchange Rate Adjustments | 53.00K | 1.57M | -734.00K | 301.00K | -538.00K | -92.00K |
| Net Cash Flow | -88.02M | -26.14M | -117.71M | -164.31M | -57.93M | 216.69M |
| Free Cash Flow | -81.68M | -79.85M | -38.53M | -22.69M | -60.23M | -61.30M |
| Free Cash Flow Margin | -53.24% | -57.49% | -28.04% | -18.54% | -57.07% | -55.44% |
| Free Cash Flow Per Share | -1.75 | -1.87 | -1.00 | -0.60 | -1.63 | -1.70 |
| Levered Free Cash Flow | -29.92M | -7.03M | -16.53M | -16.23M | -33.10M | -37.71M |
| Unlevered Free Cash Flow | -29.92M | -7.03M | -16.53M | -16.23M | -33.10M | -37.46M |
| Cash Interest Paid | 389.00K | |||||
| Cash Income Tax Paid | -1.40M | 900.00K | 800.00K | 684.00K | ||
| Change in Working Capital | -27.13M | -2.35M | -18.79M | -15.19M | 4.30M | -14.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 137.39M | 297.08M | 409.51M | 1.03B | 513.21M | 1.55B |
| Enterprise Value | 77.24M | 202.39M | 154.48M | 748.95M | 212.43M | 1.17B |
| Last Close Price | 2.90 | 6.36 | 10.63 | 27.34 | 13.85 | 42.40 |
| PS Ratio | 0.90 | 2.14 | 2.98 | 8.45 | 4.86 | 14.05 |
| PB Ratio | 0.58 | 1.00 | 1.24 | 2.96 | 1.43 | 3.52 |
| P/TBV Ratio | 1.05 | 2.16 | 1.26 | 3.01 | 1.47 | 3.69 |
| EV/Sales Ratio | 0.50 | 1.46 | 1.12 | 6.12 | 2.01 | 10.56 |
| Debt / Equity Ratio | 0.14 | 0.13 | 0.11 | 0.12 | 0.12 | 0.05 |
| Net Debt / Equity Ratio | -0.25 | -0.27 | -0.76 | -0.80 | -0.82 | -0.85 |
| Net Debt / EBITDA Ratio | 0.85 | 1.13 | 5.99 | 8.07 | 4.34 | 7.25 |
| Net Debt / FCF Ratio | 0.74 | 1.01 | 6.53 | 12.33 | 4.89 | 6.11 |
| Asset Turnover | 0.44 | 0.34 | 0.33 | 0.28 | 0.23 | 0.29 |
| Inventory Turnover | 2.19 | 1.69 | 1.84 | 2.23 | 3.07 | 2.47 |
| Quick Ratio | 2.30 | 1.98 | 7.65 | 8.89 | 11.41 | 11.37 |
| Current Ratio | 3.40 | 2.84 | 8.66 | 9.80 | 12.17 | 12.14 |
| Return on Equity (ROE) | -46.48% | -34.25% | -11.33% | -8.01% | -24.93% | -17.17% |
| Return on Assets (ROA) | -16.67% | -13.11% | -7.26% | -5.94% | -9.80% | -9.14% |
| Return on Capital Employed (ROCE) | -34.40% | -25.20% | -13.30% | -10.50% | -18.20% | -12.20% |
| Earnings Yield | -90.60% | -36.07% | -9.41% | -2.74% | -19.40% | -3.57% |
| FCF Yield | -59.45% | -26.88% | -9.41% | -2.19% | -11.73% | -3.94% |
| Buyback Yield / Dilution | -21.01% | -11.13% | -2.06% | -1.63% | -2.76% | -21.66% |