Cytek Biosciences, Inc. income statement
In fiscal 2025, Cytek Biosciences, Inc. reported revenue of $201m, up 0.5% on the year before, operating income of −$40.4m (a -20.0% margin) and net income of −$66.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 93 | 128 | 164 | 193 | 200 | 201 | 207 |
| Cost of revenue | 41 | 49 | 63 | 84 | 89 | 97 | 97 |
| Gross profit | 52 | 79 | 101 | 109 | 111 | 104 | 110 |
| Research and development | 14 | 24 | 35 | 44 | 39 | 36 | 37 |
| Selling and marketing | 15 | 25 | 33 | 49 | 49 | 49 | 50 |
| General and administrative | 9 | 21 | 35 | 44 | 43 | 59 | 68 |
| Operating income | 14 | 9 | −2 | −28 | −21 | −40 | −45 |
| Interest expense | 0 | 2 | 3 | 2 | −5 | 0 | 0 |
| Income before tax | 14 | 6 | 1 | −16 | −6 | −30 | — |
| Income tax | −5 | 3 | −1 | −4 | 0 | 37 | 40 |
| Net income | 19 | 3 | 2 | −12 | −6 | −67 | −81 |
| Diluted EPS | $0.10 | $0.00 | $0.02 | −$0.09 | — | — | −$0.63 |
| Diluted shares (average) | 33m | 82m | 139m | 135m | 131m | 128m | 128m |
| EBITDA | 14 | 10 | 1 | −22 | −13 | −33 | −39 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52 | 57 | 41 | 46 | 52 | 62 | 44 | 48 |
| Cost of revenue | 22 | 24 | 21 | 22 | 25 | 29 | 23 | 20 |
| Gross profit | 29 | 34 | 20 | 24 | 28 | 33 | 21 | 28 |
| Research and development | 10 | 10 | 10 | 9 | 9 | 9 | 10 | 10 |
| Selling and marketing | 12 | 12 | 13 | 12 | 12 | 13 | 12 | 13 |
| General and administrative | 11 | 9 | 13 | 14 | 16 | 16 | 18 | 17 |
| Operating income | −4 | 3 | −15 | −11 | −9 | −6 | −18 | −11 |
| Interest expense | 0 | −6 | 0 | 0 | 0 | −1 | 0 | 0 |
| Income before tax | 0 | 10 | −11 | −7 | −8 | −4 | — | — |
| Income tax | −1 | 1 | 0 | −1 | −2 | 40 | 1 | 1 |
| Net income | 1 | 10 | −11 | −6 | −5 | −44 | −19 | −12 |
| EBITDA | −3 | 5 | −13 | −10 | −8 | −4 | −17 | −10 |
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