Filing Flows › Quanterix (QTRX) › Q1 2026 › vs Q1 2025
Quanterix (QTRX) Q1 2026 vs Q1 2025 (year over year)
Quanterix's revenue rose $6.1M (+20%) from $30.3M in Q1 2025 to $36.4M in Q1 2026. The biggest changes: Product revenue +$10.8M (+74%); Service and other revenue +$1.6M (+18%); Collaboration and license revenue −$211K (-27%).
Quanterix, Q1 2026: revenue $36.4M (+20% year over year), operating margin -113.6%, net loss $17.5M, operating cash flow −$18.1M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Spatial Biology | $8.7M | $0 | $8.7M | — |
| Simoa | $6.7M | $8.8M | −$2.1M | -24% |
| Instruments | $4.1M | $2.6M | $1.5M | +56% |
| Other | $3.1M | $628K | $2.5M | +396% |
| Service-type warranties | $2.9M | $2.6M | $313K | +12% |
| Product revenue | $25.5M | $14.7M | $10.8M | +74% |
| Service and other revenue | $10.4M | $8.8M | $1.6M | +18% |
| Collaboration and license revenue | $560K | $771K | −$211K | -27% |
| Revenue | $36.4M | $30.3M | $6.1M | +20% |
| Other income, net | $23.8M | $2.9M | $20.9M | +708% |
| Income tax benefit | $7K | $2.9M | −$2.9M | -100% |
| Net loss | $17.5M | $20.5M | −$3.0M | -14% |
| Costs & expenses | $77.8M | $56.7M | $21.1M | +37% |
| Operating costs | $77.8M | $56.7M | $21.1M | +37% |
| Cost of revenue | $20.8M | $15.5M | $5.4M | +35% |
| Research & development | $7.3M | $10.0M | −$2.7M | -27% |
| SG&A | $29.8M | $31.2M | −$1.4M | -4% |
| Operating cash sources | $28.2M | $21.5M | $6.7M | +31% |
| Depreciation & amortization | $5.6M | $2.2M | $3.4M | +156% |
| Share-based compensation | $4.5M | $5.5M | −$934K | -17% |
| Cash used in operations | $18.1M | $13.9M | $4.2M | +30% |
| Net loss absorbed | $17.5M | $20.5M | −$3.0M | -14% |
| Working capital & other | $10.7M | $1.0M | $9.7M | +935% |
Questions
How much did Quanterix's revenue grow year over year in Q1 2026?
Quanterix's revenue rose $6.1M (+20%) from $30.3M in Q1 2025 to $36.4M in Q1 2026.
What drove Quanterix's revenue change in Q1 2026?
Product revenue +$10.8M (+74%); Service and other revenue +$1.6M (+18%); Collaboration and license revenue −$211K (-27%).