Filing Flows › Quanterix (QTRX) › Q4 2024
Quanterix (QTRX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Quanterix (QTRX) reported revenue of $35.2M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -2% from the quarter before. Operating margin was -42.0%, net loss $11.6M (33.1% of revenue).
Quanterix, Q4 2024: revenue $35.2M (+11% year over year), operating margin -42.0%, net loss $11.6M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.2M | -2% | +11% |
| Operating profit | −$14.8M | — | — |
| Net earnings | −$11.6M | — | — |
| Operating cash flow | −$4.3M | — | — |
What changed
Revenue was $35.2M in Q4 2024, up 11% year over year and down 2% from the previous quarter. Product revenue was the largest line at 58% of revenue.
Gross margin was 63.0%, up 1.5 points from a year earlier. Operating costs exceeded revenue by $14.8M, an operating margin of -42.0%. Operating expenses grew 12% against revenue growth of 11%. The fastest-growing cost line was SG&A (+22%). The quarter ended with a net loss of $11.6M, wider than the previous quarter's $8.4M loss. Non-operating items added $3.1M, -27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.3M. Non-cash charges added back $1.7M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $766K. Capital expenditures of $448K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was Quanterix's revenue in the fourth quarter 2024?
Quanterix (QTRX) reported revenue of $35.2M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -2% from the quarter before.
Was Quanterix profitable in the fourth quarter 2024?
Operating loss was $14.8M (-42.0% of revenue) and net loss $11.6M.
Source: Quanterix 10-K on SEC EDGAR.