Cytek Biosciences (CTKB) Cost of Revenue (2020 - 2026)
Cytek Biosciences' (CTKB) quarterly Cost of Revenue came in at $19.8 million in Q2 2026, down 8.9% on a YoY basis from $21.7 million in Q2 2025, and down 13.47% quarter-over-quarter from $22.9 million in Q1 2026.
Analysis
Cytek Biosciences (CTKB) Cost of Revenue (2020 - 2026) Analysis & Trends
Cytek Biosciences (CTKB) has reported Cost of Revenue for 7 consecutive years, with $19.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 8.9% year-over-year to $19.8 million; the trailing twelve-month figure through Jun 2026 stood at $96.7 million (up 8.2% YoY), and the FY2025 full-year result was $97.0 million, up 8.6% from the prior year.
- Cost of Revenue retreated to $19.8 million in Q2 2026 per CTKB's latest filing, from $22.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $29.3 million in Q4 2025 and bottomed at $13.6 million in Q3 2022.
- Historically, Cost of Revenue has averaged $20.9 million across 5 years, with a median of $21.4 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue jumped 52.93% in 2023, then slipped 8.9% in 2026.
- Over 5 years, Cost of Revenue stood at $19.0 million in 2022, then soared by 32.82% to $25.2 million in 2023, then decreased by 5.4% to $23.8 million in 2024, then gained by 22.8% to $29.3 million in 2025, then sank by 32.32% to $19.8 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $19.8 million, $22.9 million, and $29.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 224.57 Bn | 220.51 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 144.38 Bn | 140.03 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Agilent Technologies | 40.88 Bn | 39.12 Bn | 1.04 Bn | 836.00 Mn |
| 4 | Illumina | 31.32 Bn | 30.15 Bn | 770.00 Mn | 389.00 Mn |
| 5 | Revvity | 13.70 Bn | 12.68 Bn | 416.87 Mn | 312.82 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 109.80 Mn |
| 7 | Bio-Rad Laboratories | 10.07 Bn | 8.46 Bn | 345.80 Mn | 305.20 Mn |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn | 94.09 Mn |
| 9 | 10x Genomics | 8.61 Bn | 8.05 Bn | 112.50 Mn | 38.54 Mn |
| 10 | Cytek Biosciences | 600.70 Mn | 526.85 Mn | 28.34 Mn | 19.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.80 Mn |
| Mar 31, 2026 | 22.88 Mn |
| Dec 31, 2025 | 29.26 Mn |
| Sep 30, 2025 | 24.74 Mn |
| Jun 30, 2025 | 21.74 Mn |
| Mar 31, 2025 | 21.30 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Sep 30, 2024 | 22.50 Mn |
| Jun 30, 2024 | 21.18 Mn |
| Mar 31, 2024 | 21.85 Mn |
| Dec 31, 2023 | 25.19 Mn |
| Sep 30, 2023 | 20.82 Mn |
| Jun 30, 2023 | 21.53 Mn |
| Mar 31, 2023 | 16.05 Mn |
| Dec 31, 2022 | 18.96 Mn |
| Sep 30, 2022 | 13.62 Mn |
| Jun 30, 2022 | 15.60 Mn |
| Mar 31, 2022 | 14.89 Mn |
| Dec 31, 2021 | 15.26 Mn |
| Sep 30, 2021 | 13.10 Mn |