Saturday 17 October 2026
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Quanterix Corporation
QTRX Healthcare Medical Devices
Quanterix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $138.9 million, up 1.07% from fiscal 2024. In the quarter to June 2026, revenue grew 34.4%, EPS fell 35.1% and free cash flow grew 18.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
2.87
0.20
−6.51%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | 15.56 | 13.00 | 17.08 | 10.90 | 35.02 | 6.31 | 10.02 | 9.87 | 4.05 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | 23.70 | 24.81 | 36.15 | 52.75 | 92.57 | 43.32 | 28.78 | 29.70 | 12.41 | |||||
| People | |||||||||||||||
| People | Employees | 122 | 126 | 177 | 248 | 314 | 460 | 125 | 441 | 471 | 450 | ||||
| Revenue/emp, $m | 0.14 | 0.18 | 0.21 | 0.23 | 0.28 | 0.24 | 0.84 | 0.28 | 0.29 | 0.31 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 18 | 23 | 38 | 57 | 86 | 111 | 106 | 122 | 137 | 139 | ||||
| Gross margin, % | 44.06 | 43.66 | 47.69 | 47.30 | 55.78 | 58.59 | 42.99 | 60.66 | 60.47 | 46.77 | |||||
| EBT | (23) | (27) | (32) | (41) | (32) | (56) | (99) | (28) | (38) | (112) | |||||
| EBT margin, % | (131.78) | (118.12) | (83.73) | (72.24) | (36.94) | (50.28) | (94.21) | (22.58) | (27.72) | (80.83) | |||||
| Net income | (23) | (27) | (32) | (41) | (32) | (56) | (100) | (28) | (39) | (107) | |||||
| Depreciation | 0 | 0 | 1 | 4 | 5 | 5 | 5 | 8 | 6 | 24 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 8.21 | 6.09 | 1.71 | 2.26 | 2.92 | 3.07 | 2.85 | 3.26 | 3.58 | 3.26 | ||||
| Earnings | (10.81) | (8.30) | (1.43) | (1.63) | (1.10) | (1.60) | (2.61) | (0.86) | (1.00) | (2.51) | |||||
| Cash flow | (8.28) | (5.88) | (1.31) | (1.04) | (0.79) | (1.32) | (1.31) | (0.50) | (0.92) | (1.81) | |||||
| Capex | (0.25) | (0.30) | (0.07) | (0.43) | (0.13) | (0.38) | (0.31) | (0.10) | (0.09) | (0.06) | |||||
| Free cash flow | (8.52) | (6.19) | (1.37) | (1.48) | (0.92) | (1.70) | (1.63) | (0.60) | (1.00) | (1.87) | |||||
| Book value | 6.29 | 17.53 | 1.87 | 5.13 | 6.97 | 12.25 | 9.68 | 9.31 | 8.60 | 6.94 | |||||
| Shares, m | 2 | 4 | 22 | 25 | 30 | 36 | 37 | 38 | 38 | 43 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.00 | 6.61 | 10.70 | 10.45 | 15.93 | 13.81 | 4.51 | 8.34 | 2.97 | 1.95 | |||||
| P/B | 0.00 | 2.30 | 9.81 | 4.61 | 6.68 | 3.46 | 1.33 | 2.92 | 1.24 | 0.92 | |||||
| EV/Sales | 0.00 | 3.54 | 9.93 | 8.66 | 14.17 | 10.42 | 1.71 | 6.04 | 1.16 | 1.12 | |||||
| EV/FCF | (0.65) | (3.48) | (12.36) | (13.27) | (44.84) | (18.80) | (2.99) | (32.60) | (4.13) | (1.95) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (18) | (22) | (29) | (26) | (23) | (48) | (49) | (19) | (35) | (77) | ||||
| Capex | (1) | (1) | (2) | (11) | (4) | (14) | (12) | (4) | (3) | (3) | |||||
| Free cash flow | (18) | (23) | (30) | (37) | (27) | (61) | (60) | (23) | (39) | (80) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 24 | 70 | 41 | 113 | 180 | 412 | 350 | 343 | 322 | 137 | ||||
| Total debt | 10 | 9 | 8 | 8 | 8 | 22 | 44 | — | — | — | |||||
| Net debt | (19) | (70) | (37) | (101) | (174) | (396) | (339) | (321) | (289) | (118) | |||||
| Shareholders’ equity | 13 | 66 | 41 | 129 | 206 | 441 | 358 | 350 | 330 | 296 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (124.22) | (48.39) | (39.57) | (34.35) | (14.30) | (14.38) | (21.30) | (6.58) | (9.23) | (25.97) | ||||
| ROIC | 0.00 | 0.00 | (462.99) | (95.71) | (61.28) | (79.41) | (339.54) | (100.39) | (80.37) | (44.21) | |||||
| ROE | 27.11 | 126.67 | (58.98) | (48.07) | (18.84) | (17.17) | (24.93) | (8.01) | (11.33) | (34.25) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Quanterix Corporation vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RXST RxSight, Inc. | $194.2M | — (loss-making) | — (loss-making) | +0.31% (above 0%: growing) | n/m | −94.39% (below 0%: shrinking) | 76.72% | (40.81%) | Compare |
| INGN Inogen, Inc | $167.1M | — (loss-making) | — (loss-making) | +3.04% (above 0%: growing) | n/m | −51.15% (below 0%: shrinking) | 45.51% | (5.36%) | Compare |
| STIM Neuronetics, Inc. | $148.6M | — (loss-making) | — (loss-making) | +9.08% (above 0%: growing) | n/m | +62.06% (above 0%: growing) | 51.06% | (3.61%) | Compare |
| QTRX Quanterix Corporation | $145.2M | — (loss-making) | — (loss-making) | +34.44% (above 0%: growing) | n/m | +18.92% (above 0%: growing) | 38.52% | (150.22%) | |
| MXCT MaxCyte, Inc. | $134.2M | — (loss-making) | — (loss-making) | −14.53% (below 0%: shrinking) | n/m | +54.74% (above 0%: growing) | 76.96% | (140.72%) | Compare |
| OWLT Owlet, Inc. | $129.8M | — (loss-making) | — (loss-making) | +29.94% (above 0%: growing) | n/m | +55.74% (above 0%: growing) | 64.44% | 5.14% | Compare |
| APYX Apyx Medical Corporation | $107.8M | — (loss-making) | — (loss-making) | +22.08% (above 0%: growing) | n/m | −137.38% (below 0%: shrinking) | 63.89% | (13.01%) | Compare |
| LUCD Lucid Diagnostics Inc. | $105.7M | — (loss-making) | — (loss-making) | +26.74% (above 0%: growing) | n/m | −7.04% (below 0%: shrinking) | 1.97% | (868.45%) | Compare |
| ZOMDF Zomedica Corp. | $95.4M | — (loss-making) | — (loss-making) | +36.59% (above 0%: growing) | n/m | +40.48% (above 0%: growing) | 63.51% | (42.92%) | Compare |
| Median of peers | $132.0M | — | — | +15.58% | — | +16.72% | 63.70% | (26.91%) |
Quanterix Corporation (QTRX) key facts
- Strength: Quanterix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $138.9 million, up 1.07% from fiscal 2024.
- Quanterix Corporation (QTRX) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, QTRX traded at $2.87, a market capitalization of $145.2 million.
- Return on equity was −34.3% and debt-to-equity 0.00.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −0.87 (distress zone) for fiscal 2025.