QTRX
Quanterix Corporation7.36
-0.05-0.68%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
CEO outlines diversification, diagnostics push
New CEO Everett Cunningham shared his 35-day assessment in Q&A, spotlighting Akoya-fueled diversification to 60% neurology and 40% spatial-oncology-immunology mix, while planning a holistic product review prioritizing ROI amid Simoa ONE early access feedback. He doubled down on Alzheimer's diagnostics, eyeing FDA approval in 6-9 months by Q4 2026 and H2 clinical data for payers, with investments already in the breakeven plan. Assay launches will cadence quarterly; Accelerator eyes bigger pharma projects post-strong Q4. Answers stayed qualitative on shifts. Q&A reaffirms base business confidence. Investors watch diagnostics ramp.
Key Stats
Market Cap
343.79MP/E (TTM)
-Basic EPS (TTM)
-2.34Dividend Yield
0%Recent Filings
10-K
FY2025 results
Quanterix posted FY2025 revenue of $138.9 million, up 1% y/y, with product sales rising 17% to $92.9 million on Akoya's $21.9 million contribution despite legacy consumables softening 11% amid federal funding cuts and tariffs—yet Q4 showed stabilization as integration advanced. Service revenue dipped 14% to $44.2 million, hit by 37% legacy drop from pharma project completions, offset by Akoya's addition; gross margins compressed to 47% from acquisition costs. Restructuring slashed annualized opex by $74 million, targeting $85 million total, with $15.7 million charges including full $6.4 million goodwill impairment. Cash burn eased but net loss widened to $107.2 million; $118 million liquidity supports 2026 breakeven goal. Akoya integration risks quarterly momentum.
8-K
Q4 revenue beats; breakeven 2026
Quanterix reported Q4 2025 revenue of $43.9 million, up 25% year-over-year, yet full-year revenue edged up just 1% to $138.9 million amid Akoya integration pressures. Cash stands at $122 million; $74 million in cost synergies captured, with the rest by Q1 2026. Cash flow breakeven eyed for H2 2026. New CEO takes helm.
8-K
CEO transition announced
Quanterix ousted CEO Masoud Toloue effective January 19, 2026, with severance including 12 months salary continuation and accelerated equity vesting through April 30. Board tapped Everett Cunningham, ex-Illumina CCO, as replacement, offering $750K base, $600K sign-on cash, and 1.88M RSUs tied to stock VWAP milestones at $10–$20. Expects to exceed 2025 revenue and cash guidance. Leadership shakeup eyes growth.
8-K
Board refresh adds diagnostics experts
Quanterix refreshed its board on November 20, 2025, with Paul Meister and David Walt retiring immediately, no disagreements noted. Garret Hampton and Alan Sachs joined instantly, bringing diagnostics heft from Thermo Fisher; Hampton hits Audit and Compensation, Sachs Compensation. Bill Donnelly steps up to Executive Chair; board hits nine, seven independent. New blood eyes growth post-Akoya.
8-K
Q3 revenue beats expectations
Quanterix posted Q3 revenue of $40.2 million, up 12.3% year-over-year despite tough markets, but GAAP gross margin slipped to 42.8% from acquisition costs. Akoya integration hit milestones, capturing $67 million of $85 million targeted synergies. Cash ends 2025 at ~$120 million. Breakeven awaits 2026.
BDX
Becton, Dickinson and Company
196.39-3.70
BIO
Bio-Rad Laboratories, Inc.
302.02-5.90
BRKR
Bruker Corporation
44.96-0.71
DGX
Quest Diagnostics Incorporated
178.66-5.45
DHR
Danaher Corporation
224.70-3.83
IQV
IQVIA Holdings, Inc.
221.68-1.95
IRIX
IRIDEX Corporation
1.00+0.02
LAB
Standard BioTools Inc.
1.49-0.02
QDEL
QuidelOrtho Corporation
28.88-0.18
QSI
Quantum-Si Incorporated
1.22-0.01