Maxcyte, Inc. income statement
In fiscal 2025, Maxcyte, Inc. reported revenue of $33.0m, down 14.5% on the year before, operating income of −$51.9m (a -157.1% margin) and net income of −$44.6m, or −$0.42 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 26 | 34 | 44 | 41 | 39 | 33 | 31 |
| Cost of revenue | 2 | 3 | 4 | 5 | 5 | 7 | 6 | 6 |
| Gross profit | 19 | 23 | 30 | 39 | 37 | 32 | 27 | 25 |
| Research and development | 18 | 18 | 15 | 20 | 24 | 22 | 21 | 17 |
| Selling and marketing | 8 | 8 | 13 | 19 | 27 | 27 | 19 | 14 |
| General and administrative | 6 | 7 | 19 | 26 | 30 | 30 | 28 | 25 |
| Operating income | −12 | −11 | −18 | −27 | −48 | −51 | −52 | −42 |
| Interest expense | 0 | 0 | 0 | — | — | — | — | — |
| Income before tax | — | — | — | — | −38 | −41 | −45 | −36 |
| Income tax | 0 | 0 | 0 | — | — | — | — | — |
| Net income | −13 | −12 | −19 | −24 | −38 | −41 | −45 | −36 |
| Diluted EPS | −$0.23 | −$0.17 | −$0.21 | −$0.23 | −$0.37 | −$0.39 | −$0.42 | −$0.33 |
| Diluted shares (average) | 56m | 69m | 91m | 102m | 103m | 105m | 106m | 107m |
| EBITDA | −12 | −10 | −17 | −25 | −44 | −47 | −48 | −38 |
| 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 | 8 | 9 | 10 | 9 | 7 | 7 | 10 | 7 |
| Cost of revenue | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Gross profit | 6 | 6 | 9 | 7 | 5 | 6 | 8 | 6 |
| Research and development | 5 | 5 | 6 | 6 | 5 | 3 | 4 | 4 |
| Selling and marketing | 6 | 6 | 6 | 6 | 4 | 4 | 3 | 3 |
| General and administrative | 8 | 7 | 9 | 8 | 6 | 5 | 6 | 7 |
| Operating income | −14 | −13 | −12 | −14 | −14 | −11 | −6 | −10 |
| Income before tax | −12 | −11 | −10 | −12 | −12 | −10 | −5 | −9 |
| Net income | −12 | −11 | −10 | −12 | −12 | −10 | −5 | −9 |
| Diluted EPS | −$0.11 | −$0.10 | −$0.10 | −$0.12 | −$0.12 | −$0.09 | −$0.04 | −$0.08 |
| EBITDA | −13 | −12 | −11 | −13 | −13 | −10 | −5 | −9 |
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