
Quanterix Corporation Income Statement 2025-2011 | QTRX
Brief overview of financial performance at Quanterix Corporation
The conclusions below are based on five years of reported results. Quanterix Corporation reported revenue of $86.4 million in 2020 and $139 million by 2025. Overall revenue changed by +60.8%, equal to an annualized rate of about 10%. This represents moderate business growth.
Gross profit was $48.2 million at the start and $65 million at the end of the period (+34.8%). The relationship between sales and direct costs deteriorated. Gross margin moved from 55.8% to 46.8%. A lower margin indicates deterioration in the economics of the core business.
EBITDA changed from −$27.3 million to −$110 million (−302.2%). Changes in revenue did not translate into comparable EBITDA performance. EBITDA margin was −31.6% at the start and −79% at the end. The business retained less EBITDA from each unit of revenue.
Net income moved from −31.5 million dollars at the start to −107 million dollars at the end. The period ended with a larger loss than it began with.
The market value of the business moved from $2.2 billion to $269 million, or −88%. Financial performance is stronger than the share-price trend.
Conclusion
The results contain several connected negative signals. The strongest signals are a larger revenue base. The main areas of concern are weaker gross profitability, weaker operating efficiency and limited operating profitability. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Quanterix Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
269 M | 242 M | 893 M | 483 M | 1.21 B | 2.24 B | 767 M | 463 M | 456 M | - | - | - | - | - | - |
Shares |
42.6 M | 38.4 M | 37.6 M | 37 M | 36 M | 29.6 M | 28.1 M | 22.4 M | 21.7 M | - | - | - | - | - | - |
Historical Prices |
6.32 | 6.32 | 23.8 | 13.1 | 33.7 | 75.8 | 22.8 | 24.7 | 20.9 | - | - | - | - | - | - |
Net Income |
-107 M | -38.5 M | -28.4 M | -99.6 M | -57.7 M | -31.5 M | -40.8 M | -31.5 M | -27 M | -23.2 M | -15.9 M | - | - | - | - |
Revenue |
139 M | 137 M | 122 M | 106 M | 111 M | 86.4 M | 56.7 M | 37.6 M | 22.9 M | 17.6 M | 12.2 M | - | - | - | - |
Cost of Revenue |
73.9 M | 54.3 M | 48.1 M | 60.2 M | 48.8 M | 38.2 M | 29.9 M | 19.7 M | 12.9 M | 9.84 M | - | - | - | - | - |
Gross Profit |
65 M | 83.1 M | 74.2 M | 45.4 M | 61.7 M | 48.2 M | 26.8 M | 17.9 M | 9.99 M | 7.75 M | 5.72 M | - | - | - | - |
Operating Income |
-126 M | -52.6 M | -46 M | -104 M | -58.6 M | -31.6 M | -41.6 M | -31.6 M | -26 M | -21.7 M | - | - | - | - | - |
Interest Expense |
157 K | -136 K | 2.52 M | -277 K | 1.26 M | -49 K | -10 K | -7 K | -63 K | -164 K | - | - | - | - | - |
EBITDA |
-110 M | -46.2 M | -39.7 M | -98.9 M | -53.7 M | -27.3 M | -38.6 M | -30.2 M | -25.5 M | -21.3 M | -14.1 M | - | - | - | - |
Operating Expenses |
191 M | 136 M | 120 M | 150 M | 120 M | 79.8 M | 68.4 M | 49.5 M | 36 M | 29.5 M | 20.2 M | - | - | - | - |
General and Administrative Expenses |
138 M | 102 M | 89.1 M | 91.9 M | 92.3 M | 59.6 M | 52.2 M | 33.7 M | 19.7 M | 12.5 M | 10.2 M | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Quanterix Corporation
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
47 M | 46.1 M | 38.9 M | 38.7 M | 38.5 M | 38.4 M | 38.3 M | 38.1 M | 38 M | 37.7 M | 37.5 M | 37.3 M | 37.3 M | 37 M | 36.9 M | 36.9 M | 36.8 M | 36.5 M | 36.3 M | 34.4 M | 31.7 M | 30.1 M | 28.3 M | 28.2 M | 28 M | 26.6 M | 23.2 M | 22.4 M | 22.2 M | 22.1 M | 21.9 M | 21.8 M | 7.73 M | 2.48 M | 2.42 M | 2.36 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-17.5 M | -33.5 M | -30 M | -20.5 M | - | -8.35 M | -7.39 M | -11.2 M | - | -7.76 M | -6.06 M | -6.1 M | - | -35.1 M | -24.9 M | -18.2 M | - | -15.7 M | -11.9 M | -10.1 M | -9.82 M | 2.2 M | -12.3 M | -11.6 M | -11 M | -9.87 M | -10.6 M | -9.4 M | -9.33 M | -7.66 M | -7.34 M | -7.2 M | -7.38 M | -6.61 M | -6.63 M | -6.39 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
36.4 M | 40.2 M | 24.5 M | 30.3 M | - | 35.8 M | 34.4 M | 32.1 M | - | 31.3 M | 31 M | 28.5 M | - | 26.6 M | 23.5 M | 29.6 M | - | 27.7 M | 25.4 M | 27.2 M | 26.1 M | 31.4 M | 13.1 M | 15.7 M | 15.9 M | 14.9 M | 13.5 M | 12.3 M | 10.9 M | 10.6 M | 8.64 M | 7.52 M | 6.59 M | 5.73 M | 5.21 M | 5.34 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
20.8 M | 23 M | 13.2 M | 13.9 M | - | 15.7 M | 12.1 M | 13.5 M | - | 13.6 M | 11.9 M | 11.5 M | - | 15.7 M | 14.8 M | 15 M | - | 12.4 M | 11.5 M | 10.9 M | 11.1 M | 10.3 M | 7.92 M | 8.91 M | 9.05 M | 7.91 M | 6.6 M | 6.33 M | 5.67 M | 5 M | 4.67 M | 4.35 M | - | 3.17 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
15.6 M | 17.2 M | 11.3 M | 16.4 M | - | 20.2 M | 22.2 M | 18.5 M | - | 17.8 M | 19.1 M | 16.9 M | - | 10.9 M | 8.71 M | 14.6 M | - | 15.2 M | 13.9 M | 16.3 M | 15 M | 21.1 M | 5.21 M | 6.81 M | 6.86 M | 7.03 M | 6.93 M | 6.01 M | 5.21 M | 5.6 M | 3.97 M | 3.17 M | - | 2.56 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-41.4 M | -37.3 M | -37.1 M | -26.4 M | - | -11.7 M | -10.9 M | -15.2 M | - | -13.8 M | -9.56 M | -9.42 M | - | -36.6 M | -25 M | -18.2 M | - | -15.2 M | -13.7 M | -9.79 M | -9.93 M | 2.28 M | -12.2 M | -11.7 M | -11.5 M | -10.2 M | -10.5 M | -9.36 M | -9.41 M | -7.66 M | -7.31 M | -7.16 M | -7.09 M | -6.39 M | -6.47 M | -6.06 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
21.4 M | -178 K | 49 K | 61 K | - | 5 K | -9 K | 226 K | - | 2.03 M | -154 K | 8 K | - | -101 K | -358 K | -217 K | - | -305 K | 1.98 M | -194 K | 155 K | -26 K | -11 K | -167 K | 139 K | -34 K | -68 K | -47 K | 81 K | -25 K | -48 K | 24 K | -73 K | 13 K | 77 K | 255 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-35.8 M | -34.3 M | -36.5 M | -24.2 M | - | -10.7 M | -10.5 M | -13.6 M | - | -8.98 M | - | -7.98 M | - | -32.4 M | -22.2 M | -16.8 M | - | -11.7 M | -11.3 M | -8.64 M | -9.93 M | 5.46 M | -10.1 M | -10.7 M | -11.5 M | -8.06 M | -9.56 M | -8.95 M | -9.41 M | -6.64 M | -6.7 M | -6.89 M | -7.09 M | -6.05 M | -6.25 M | -5.95 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
56.9 M | 54.5 M | 48.4 M | 42.8 M | - | 31.9 M | 33.2 M | 33.7 M | - | 31.6 M | 28.7 M | 26.3 M | - | 47.5 M | 33.7 M | 32.7 M | - | 30.5 M | 27.5 M | 26.1 M | - | 18.8 M | 17.4 M | 18.5 M | - | 17.3 M | 17.4 M | 15.4 M | - | 13.3 M | 11.3 M | 10.3 M | - | 8.95 M | 11.7 M | 11.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
29.8 M | 39.1 M | 31.4 M | 32.5 M | - | 22.9 M | 24.1 M | 26 M | - | 23.6 M | 21.6 M | 20.8 M | - | 20 M | 27 M | 25.7 M | - | 23.7 M | 20.8 M | 19.5 M | 18.8 M | 13.5 M | 13.1 M | 14.3 M | 14 M | 13.4 M | 13.4 M | 11.5 M | 10.6 M | 8.85 M | 7.58 M | 6.69 M | 6.05 M | 4.73 M | 4.75 M | 4.17 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Quanterix Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.