Cytek Biosciences (CTKB) Gross Margin (2020 - 2026)

Cytek Biosciences (CTKB) reported Gross Margin of 48.16% for Q1 2026, down 46.0% on a YoY basis from 89.18% in Q1 2025, and down 9.0% quarter-over-quarter from 52.92% in Q4 2025.

Cytek Biosciences (CTKB) Gross Margin (2020 - 2026) Analysis & Trends

Cytek Biosciences has reported Gross Margin for 7 years, with the latest figure at 48.16% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 46.0% year-over-year to 48.16%; the trailing twelve-month figure through Mar 2026 stood at 51.7% (down 324.0% YoY), and the FY2025 full-year result was 51.84%, down 358.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 48.16%, down from 52.92% in the prior quarter.
  • The five-year high for Gross Margin was 66.36% in Q3 2022, with the low at 48.16% in Q1 2026.
  • Historically, Gross Margin has averaged 55.77% across 5 years, with a median of 56.62% in 2023.
  • Annual changes were most pronounced in 2022 — Gross Margin soared 8798 bps — and 2023, when it plunged 974 bps.
  • Cytek Biosciences' Gross Margin stood at 60.77% in 2022, then retreated by 7 bps to 56.75% in 2023, then grew by 3 bps to 58.55% in 2024, then fell by 10 bps to 52.92% in 2025, then decreased by 9 bps to 48.16% in 2026.
  • The last three Gross Margin figures came in at 48.16% (Q1 2026), 52.92% (Q4 2025), and 52.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 56.20%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 63.29%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 63.83%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.01%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 45.22%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 62.95%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 38.53%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 43.89%
10 Cytek Biosciences - - 21.25 Mn 48.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 48.16%
Dec 31, 2025 52.92%
Sep 30, 2025 52.69%
Jun 30, 2025 52.34%
Mar 31, 2025 48.62%
Dec 31, 2024 58.55%
Sep 30, 2024 56.32%
Jun 30, 2024 54.56%
Mar 31, 2024 51.30%
Dec 31, 2023 56.75%
Sep 30, 2023 56.62%
Jun 30, 2023 56.67%
Mar 31, 2023 56.72%
Dec 31, 2022 60.77%
Sep 30, 2022 66.36%
Jun 30, 2022 61.16%
Mar 31, 2022 57.54%
Dec 31, 2021 -27.21%
Sep 30, 2021 61.89%
Jun 30, 2021 64.93%