Cytek Biosciences (CTKB) Operating Expenses (2020 - 2026)
Cytek Biosciences' (CTKB) quarterly Operating Expenses came in at $39.7 million in Q1 2026, up 13.05% YoY from $35.1 million in Q1 2025, and up 3.22% on a QoQ basis from $38.5 million in Q4 2025.
Cytek Biosciences (CTKB) Operating Expenses (2020 - 2026) Analysis & Trends
Cytek Biosciences (CTKB) has 7 years of Operating Expenses data on file, last reported at $39.7 million in Q1 2026.
- Quarterly Operating Expenses rose 13.05% year-over-year to $39.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $149.4 million (up 12.34% YoY) and the FY2025 annual result came in at $144.8 million, up 10.04% from the prior year.
- Operating Expenses climbed to $39.7 million in Q1 2026, from $38.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $39.7 million in Q1 2026 to a low of $22.5 million in Q1 2022.
- A 5-year average of $32.7 million and a median of $33.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 68.74% — and 2024, when it declined 8.92%.
- Tracing CTKB's Operating Expenses over 5 years: stood at $29.3 million in 2022, then gained by 13.3% to $33.2 million in 2023, then slipped by 7.59% to $30.7 million in 2024, then advanced by 25.48% to $38.5 million in 2025, then gained by 3.22% to $39.7 million in 2026.
- The last three Operating Expenses figures came in at $39.7 million (Q1 2026), $38.5 million (Q4 2025), and $36.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Cytek Biosciences | 611.56 Mn | 537.71 Mn | 28.34 Mn | 39.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.74 Mn |
| Mar 31, 2026 | 39.72 Mn |
| Dec 31, 2025 | 38.48 Mn |
| Sep 30, 2025 | 36.74 Mn |
| Jun 30, 2025 | 34.49 Mn |
| Mar 31, 2025 | 35.13 Mn |
| Dec 31, 2024 | 30.67 Mn |
| Sep 30, 2024 | 33.25 Mn |
| Jun 30, 2024 | 33.96 Mn |
| Mar 31, 2024 | 33.75 Mn |
| Dec 31, 2023 | 33.19 Mn |
| Sep 30, 2023 | 33.60 Mn |
| Jun 30, 2023 | 37.29 Mn |
| Mar 31, 2023 | 33.20 Mn |
| Dec 31, 2022 | 29.29 Mn |
| Sep 30, 2022 | 25.50 Mn |
| Jun 30, 2022 | 25.45 Mn |
| Mar 31, 2022 | 22.53 Mn |
| Dec 31, 2021 | 22.32 Mn |
| Sep 30, 2021 | 18.38 Mn |