QTRX · NASDAQ · Medical - Devices

Quanterix

Builds Simoa and spatial biology tools for ultra-sensitive biomarker research and diagnostics.

$2.58
After-hours close−0.06 (−2.34%)
At close$2.65(+0.21%)
Loading prices…

Profile

Quanterix CorporationQTRXHealth Care

Sells instruments, assay kits, consumables, lab services, and diagnostics-facing tests built around Simoa protein detection and Akoya spatial biology. Revenue is reported in one segment, while operations are centered in Massachusetts with most employees in the United States and a smaller international base.

Built around Simoa, the platform detects low-abundance protein biomarkers in blood, serum, and other fluids through instruments, assay kits, consumables, custom assay work, and the Simoa Accelerator Laboratory.

After the Akoya acquisition, the scope includes spatial biology instruments, reagents, software, and services for tissue analysis and spatial phenotyping. The portfolio now spans blood and tissue, with diagnostic-facing activity through Lucent Diagnostics and Alzheimer's blood-test development.

Headquartered in Billerica, Massachusetts, the employee base is concentrated in the United States with a smaller presence across foreign countries. The business depends on instrument, consumables, services, and assay adoption by research, biopharmaceutical, diagnostics, and clinical customers, plus Akoya integration and diagnostic regulatory and reimbursement execution.

Company facts

CEOEverett Cunningham
ListedDec 7, 2017
ExchangeNASDAQ
HeadquartersBillerica, MA
CountryUnited States
Employees450
CIK0001503274
ISINUS74766Q1013

Key statistics

Market cap$124.4M
EPS (ttm)−$2.63
P/E (ttm)−1.00
ROE-43.6%
P/B0.5228
P/S0.8111
Dividend yield
Beta2.05vs XLV 0.41

Year to date −58.9% · Average volume (30d) 722.3K

Analysts

Price target, next 12 months$3.00+13.6%Median of 10 analysts · vs the Aug 28 close
ConsensusBuy5 of 10 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 17, 2026Canaccord GenuityReiterateHold$4$3
Apr 20, 2026Canaccord GenuityReiterateHold$8$4
Dec 22, 2025Canaccord GenuityReiterateHold$25$8
Aug 11, 2025Canaccord GenuityDowngradeBuyHold
Apr 30, 2025Leerink PartnersDowngradeOutperformMarket Perform

Earnings

EPS

Estimate−$0.43
ReportedDue Nov 9, 2026

Revenue

Estimate$34.7M
ReportedDue Nov 9, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 10, 2026Q2 FY26−$0.41−$1.04−153.5%$37.5M$32.9M−12.2%−39.95%
May 6, 2026Q1 FY26−$0.31−$0.39−25.8%$36.8M$36.4M−1.2%−16.41%
Mar 2, 2026Q4 FY25−$0.27−$0.38−40.7%$38.2M$43.9M+14.8%−7.27%
Nov 10, 2025Q3 FY25−$0.23−$0.36−56.5%$38.0M$40.2M+5.8%−2.34%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$30.3M$24.5M$40.2M$43.9M$36.4M$32.9M
Gross profit$16.4M$11.3M$17.1M$20.0M$15.6M$12.7M
Operating income−$26.4M−$37.1M−$37.3M−$23.9M−$21.5M−$49.4M
Net income−$20.5M−$30.0M−$33.5M−$23.1M−$17.5M−$48.9M
Diluted EPS−$0.53−$0.77−$0.73−$0.49−$0.37−$1.04
Gross margin54.0%46.1%42.6%45.5%42.7%38.5%
Operating margin-87.1%-151.7%-93.0%-54.4%-59.1%-150.2%

Fiscal years (4-quarter sums)FY21 $109.5M · FY22 $105.0M · FY23 $121.4M · FY24 $135.4M · FY25 $138.7M

Revenue by product · Q2 FY26

Product$23.5M · 38%
Consumable And Other Products$19.8M · 32%
Service And Other Revenue$9.0M · 15%
Instruments$3.7M · 6%
Research Services$3.0M · 5%
Other Services$1.7M · 3%
License And Service$412.0K · 1%

Revenue by geography · Q2 FY26

North America$11.6M · 49%
EMEA$8.0M · 34%
Asia Pacific$3.9M · 16%

Balance sheet, Jun 30, 2026Cash & short-term investments $93.5M · Total debt $33.4M · Total assets $319.6M · Shareholders' equity $237.2M

Dividends

No dividends on record.

Ownership

Institutions 63.14%29.74M sharesInsiders 7.18%3.38M sharesOther 29.68%13.98M shares

Shares outstanding 47.11M · Float 38.46M · 81.6% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.3.64M7.72%13FAug 7, 2026
Blue Water Life Science Advisors, LP3.47M7.38%13FAug 14, 2026
First Eagle Investment Management, LLC2.75M5.84%13FAug 24, 2026
Telegraph Hill Partners III, L.P.2.50M5.40%13GNov 19, 2025
Portolan Capital Management, LLC1.90M4.03%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026William P. Donnellydirector+72,245$2.93
Aug 12, 2026William P. Donnellydirector+27,155$2.75
May 12, 2026Benjamin Meadowsofficer: Chief Commercial Officer+3,500$2.77
Sep 12, 2025Vandana Sriramofficer: Chief Financial Officer+4,150$4.79
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Quanterix$2.58−2.34%$124.4M0.8+34.6%
Bio-Techne$72.36+0.01%$11.33B62.434.99.3+1.3%
Bruker$57.08+0.04%$8.69B25.22.5+5.2%
10x Genomics$61.54−0.01%$7.81B12.7−12.7%
Bio-Rad Laboratories$387.70+0.02%$10.44B47.037.64.0−0.1%
Quest Diagnostics$244.50+0.69%$26.79B25.821.22.3+10.2%
Standard BioTools$0.6548+2.47%$251.3M3.0−7.6%
Seer$1.97−1.01%$108.9M7.9−23.4%
Median47.030.14.0−0.1%