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Quanterix (QTRX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 2, 2026

Quanterix (QTRX) reported revenue of $43.9M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +9% from the quarter before. Operating margin was -56.4%, net loss $23.1M (52.7% of revenue).

Revenue$43.9M
Year over year+25%
Quarter over quarter+9%
Operating margin-56.4%
Net earnings−$23.1M

Quanterix, Q4 2025: revenue $43.9M (+25% year over year), operating margin -56.4%, net loss $23.1M, operating cash flow −$16.4M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$43.9M+9%+25%
Operating profit−$24.8M——
Net earnings−$23.1M——
Operating cash flow−$16.4M——

What changed

Revenue was $43.9M in Q4 2025, up 25% year over year and up 9% from the previous quarter. Consumable and other products was the largest line at 53% of revenue.

Gross margin was 45.7%, down 17.4 points from Q4 2024. Operating costs exceeded revenue by $24.8M, an operating margin of -56.4%. Operating expenses grew 21% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+206%). The quarter ended with a net loss of $23.1M, narrower than the previous quarter's $33.5M loss.

Operating cash flow was −$16.4M. Non-cash charges added back $6.2M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of −$98K exceeded it, leaving free cash flow of −$16.3M.

Questions

What was Quanterix's revenue in the fourth quarter 2025?

Quanterix (QTRX) reported revenue of $43.9M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +9% from the quarter before.

Was Quanterix profitable in the fourth quarter 2025?

Operating loss was $24.8M (-56.4% of revenue) and net loss $23.1M.

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Source: Quanterix 10-K on SEC EDGAR.