Quanterix Corporation (QTRX)

From the record

Quanterix Corporation's filings since 2017 show 5 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2024-11-22); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-11-12); an auditor change (8-K item 4.01, the latest 2025-05-14); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2024-11-13) (its current reports).

From the record

Quanterix Corporation's 9 filed years say what it did: revenue went from $23 million in fiscal 2017 to $139 million in fiscal 2025, up 25.3% a year; it rose in 7 of 8 years; the deepest fall was 5% from fiscal 2021 to fiscal 2022; net income was positive in 0 of 9 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Quanterix Corporation lost about 36 cents for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 29 cents per dollar of assets, and net share issuance: its share count grew 11.1% over the year (the filed statements).

From the record

Quanterix Corporation's standing among 21 graded names in its industry family: revenue of $139 million in fiscal 2025 ranks in the bottom 45% by size; a net margin of -77.1% ranks in the bottom 40%; revenue growth of 9.6% a year over the last 3 filed years ranks in the top 17% (its annual reports).

From the record

Quanterix Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Cunningham, Everett (President and CEO, as filed), filing under that title since 2026-01-21, 10 months (bottom 13% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 1.3 years (bottom 2%); 15 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Quanterix Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $33 million against no long-term debt tagged leaves 7.9% of its assets as net cash, top 48% of its family; cash from operations less capital spending is -57.5% of revenue (bottom 36%); a gross margin of 46.8% (bottom 36%); research spending of 25.9% of revenue (top 47%) (its annual report).

From the record

Quanterix Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 9.6% a year over the last three filed years against 25.3% over all 9, slowing (bottom 23% of its family); the newest year grew 1.1% (bottom 45%); research spending grew 10.2% a year (top 17%); capital spending grew -39.2% a year (bottom 28%) (its annual reports). Quanterix Corporation reported 8 product lines in fiscal 2025: Service and Other Revenue at $44 million (32%), Research Services at $26 million (19%), Spatial Product Revenue at $22 million (16%), and 5 more; 3 of 6 grew against the year before (its annual report).

From the record

Quanterix Corporation's newest year against its own record: revenue of $139 million in fiscal 2025 came in 11.4% below the $157 million its prior three years' pace pointed to (bottom 23% of its family); net income of $107 million against a prior three-year average of $55 million (bottom 28%); a net margin of -77.1% against -48.5% before (bottom 28%) (its annual reports).