Quanterix Corporation

Quanterix Corporation

QTRXยทNASDAQ

$3.53

+2.3%
HealthcareMedical - Devices

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. It offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. The company also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assay kits and other consumables such as reagents. In addition, it offers contract research services, including sample testing, homebrew assay development, and custom development services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct sales force, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

At a Glance

Live Snapshot
Market Cap$166.28M
EPS-2.5100
P/E Ratio-1.41
Earnings Date08/06/2026
3Y+60.0%
5Y+231.0%
10Y+335.0%
3Y-548.0%
5Y-8124.0%
10Y-6181.0%
3Y-131.0%
5Y-101.0%
10Y-102.0%
QTRX

Quanterix Corporation Cash Conversion Engine

QTRX ยท NASDAQ
Net Income-107.15M
Depreciation & Amortization18.93M
Stock-Based Compensation20.72M
Change in Working Capital-2.35M
Others-1.51M
Capital Expenditures-2.61M
Free Cash Flow-79.85M

Cash Flow Quality Analysis

FCF Conversion Rate

74.5%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-3.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-107.2%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$2.35M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Quanterix Corporation Cash Flow Statement

QTRX โ€ข NASDAQ

Quanterix Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
OPERATING ACTIVITIES
-107.2M
-38.5M
-32.3M
-96.7M
-57.7M
-31.5M
-40.8M
-31.5M
-27M
-23.2M
-15.9M
18.9M
8.4M
8.4M
5.3M
4.9M
4.3M
3M
1.4M
482K
444K
425K
-5.9M
0.0
0.0
-226K
801K
416K
140K
-14K
90K
318K
598K
20.7M
20M
16.8M
15.4M
16M
10.1M
6.4M
4.9M
2.2M
928K
1.1M
-1.5M
-6.2M
92K
25.8M
340K
808K
700K
170K
238K
2.5M
306K
(0.0)
(875K)
(808K)
(684K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.4M
-18.8M
-11.8M
2.1M
-12.2M
-7.5M
4.4M
-3.6M
1.9M
1.3M
993K
-77.2M
-35.2M
-18.9M
-48.3M
-47.9M
-23.4M
-26.2M
-28.7M
-22.1M
-17.7M
-12.5M
INVESTING ACTIVITIES
-2.6M
-3.4M
-3.8M
-11.7M
-13.6M
-3.9M
-10.8M
-1.5M
-1.1M
-526K
-597K
-93.2M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-14.5M
-3.8M
(0.0)
-300K
(43K)
-69.8M
-295.6M
-175.6M
(0.0)
(0.0)
(0.0)
(0.0)
-150K
(0.0)
-300K
(0.0)
215.8M
216.7M
31M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
520K
7.3M
3.3M
0.0
15K
0.0
0.0
43K
(50.2M)
-82.3M
-148.4M
-11.2M
-6.3M
-626K
-25.4M
-5.5M
-1.1M
-826K
-554K
FINANCING ACTIVITIES
738K
3.1M
2.9M
2.3M
269.7M
91.4M
112.5M
-20K
8.4M
45.4M
0.0
0.0
0.0
0.0
0.0
-7.7M
-75K
-50K
-1.9M
-980K
257K
4.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-20K
(0.0)
(0.0)
(0.0)
-1.4M
-2.6M
-198K
0.0
8.8M
4.9M
3.7M
1.9M
231K
231K
43K
-708K
456K
2.7M
2.3M
270.8M
96.2M
116.2M
-78K
73.2M
45.9M
11.7M
CASH FLOW SUMMARY
1.6M
-734K
301K
-538K
-92K
158K
118K
0.0
0.0
0.0
0.0
-26.1M
-117.7M
-164.3M
-57.7M
216.5M
72.4M
64.8M
-34.3M
50M
27.3M
-1.4M
59.3M
177M
341.3M
399M
182.6M
110.2M
45.4M
79.7M
29.7M
2.3M
3.7M
33.2M
59.3M
177M
341.3M
399M
182.6M
110.2M
45.4M
79.7M
29.7M
2.3M
-79.8M
-38.5M
-22.7M
-60M
-61.5M
-27.3M
-37M
-30.2M
-23.2M
-18.3M
-13.1M

SEC Filings

QTRX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 09, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

January 08, 2026
January 08, 2026
2026
8-K

8-K 2025

N/A

November 20, 2025
November 20, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 10, 2025
September 30, 2025
2025
Showing 1 to 10 of 178 filings