Cytek Biosciences (CTKB) Cost of Revenue (2020 - 2026)
Cytek Biosciences (CTKB) posted Cost of Revenue of $22.9 million for Q1 2026, down 21.79% on a QoQ basis from $29.3 million in Q4 2025, and up 7.42% year-over-year from $21.3 million in Q1 2025.
Cytek Biosciences (CTKB) Cost of Revenue (2020 - 2026) Analysis & Trends
Cytek Biosciences' Cost of Revenue history runs 7 years deep, the most recent figure standing at $22.9 million for Q1 2026.
- Quarterly Cost of Revenue rose 7.42% year-over-year to $22.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $98.6 million (up 11.05% YoY) and the FY2025 annual result came in at $97.0 million, up 8.6% from the prior year.
- Cost of Revenue was $22.9 million for Q1 2026 at Cytek Biosciences, down from $29.3 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.
- A 5-year average of $20.9 million and a median of $21.5 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue soared 52.93% — and 2024, when it slipped 5.4%.
- Cytek Biosciences' 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 retreated by 21.79% to $22.9 million in 2026.
- Business Quant data shows CTKB's Cost of Revenue at $22.9 million in Q1 2026, $29.3 million in Q4 2025, and $24.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 12.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 441.60 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 481.00 Mn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 2.51 Bn |
| 10 | Cytek Biosciences | 565.66 Mn | 499.96 Mn | 21.25 Mn | 22.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.88 Mn |
| Mar 31, 2026 | 22.88 Mn |
| Dec 31, 2025 | 29.26 Mn |
| Dec 31, 2025 | 29.26 Mn |
| Sep 30, 2025 | 24.74 Mn |
| Sep 30, 2025 | 24.74 Mn |
| Jun 30, 2025 | 21.74 Mn |
| Jun 30, 2025 | 21.74 Mn |
| Mar 31, 2025 | 21.30 Mn |
| Mar 31, 2025 | 21.30 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Sep 30, 2024 | 22.50 Mn |
| Sep 30, 2024 | 22.50 Mn |
| Jun 30, 2024 | 21.18 Mn |
| Jun 30, 2024 | 21.18 Mn |
| Mar 31, 2024 | 21.85 Mn |
| Mar 31, 2024 | 21.85 Mn |
| Dec 31, 2023 | 25.19 Mn |
| Dec 31, 2023 | 25.19 Mn |