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%
Market cap
$145.2M
P/E
0.0×
Fwd P/E
−2.6×
Dividend yield
—
F-score
3/9
Altman Z
−0.87
Beneish M
−0.69
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.30
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — — 1 — —
Sell — — — — — — — — — — — —
Insider Ownership 11.48%

Capital & Financial Ratios $m

Market Cap 145.19
Revenue 153.41
Net Income (123.11)
Free Cash Flow (81.68)
Net Debt (93.53)
Current Ratio 3.40 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (2.57) (negative: loss-making)
P/S ratio 0.88
P/B ratio 0.57
Past 5Y EPS Growth —
This Y EPS Growth 10.69%
Next Y EPS Growth 44.84% (at or above 15%: strong)
Next Y revenue growth 3.24%
Next 5Y EPS Growth 25.85% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 1.31%
10-year low 10-year high
P/B against its own 10 years 3.44%
10-year low 10-year high
EV/Sales against its own 10 years 5.24%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 321 289 118 94
Receivables 25 32 30 22
Inventory 26 33 55 48
Other — — — —
382 364 212 171
2023 2024 2025 Q'26
Payables 5 7 14 9
ST’ Debt — — — —
Other — — — —
39 42 75 50

Compound Annual Growth %

10y 5y 3y
Sales 27.56% 9.97% 9.59%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 7.49% (6.16%)

Revenue $m

Mar Jun Sep Dec Year
’26 36 33 — — —
’25 30 24 40 44 139
’24 32 34 36 35 137
’23 28 31 32 32 122
’22 30 24 27 26 106
’21 27 25 28 30 111
’20 16 13 31 26 86
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (5) — — —
’25 (14) (6) (41) (16) (77)
’24 (20) (5) (6) (4) (35)
’23 (10) 1 (4) (6) (19)
’22 (22) (8) (15) (4) (49)
’21 (14) (10) (14) (10) (48)
’20 (13) (7) (7) 5 (23)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (5) — — —
’25 (15) (6) (42) (16) (80)
’24 (21) (7) (7) (5) (39)
’23 (10) 0 (5) (8) (23)
’22 (23) (13) (18) (6) (60)
’21 (14) (17) (18) (13) (61)
’20 (14) (8) (8) 3 (27)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.37) (1.04) — — —
’25 (0.53) (0.77) (0.73) (0.49) (2.51)
’24 (0.26) (0.19) (0.22) (0.30) (1.00)
’23 (0.16) (0.16) (0.21) (0.23) (0.86)
’22 (0.49) (0.67) (0.95) (0.50) (2.61)
’21 (0.29) (0.33) (0.43) (0.55) (1.60)
’20 (0.39) (0.42) 0.07 (0.31) (1.10)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%)

All 149 Medical Devices stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Quanterix Corporation (QTRX) Latest News

17 Aug

Impact 4 · transcript
stockrow.com/QTRX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com