Cytek Biosciences (CTKB) Work In Process (2020 - 2026)
Cytek Biosciences (CTKB) reported Work In Process of $16.3 million for Q1 2026, up 155.62% on a YoY basis from $6.4 million in Q1 2025, and down 1.16% quarter-over-quarter from $16.5 million in Q4 2025.
Cytek Biosciences (CTKB) Work In Process (2020 - 2026) Analysis & Trends
Cytek Biosciences has reported Work In Process for 7 years, with the latest figure at $16.3 million in Q1 2026.
- For the quarter ending Q1 2026, Work In Process rose 155.62% year-over-year to $16.3 million; the trailing twelve-month figure through Mar 2026 stood at $16.3 million (up 155.62% YoY), and the FY2025 full-year result was $16.5 million, up 154.79% from the prior year.
- Work In Process for Q1 2026 stood at $16.3 million, down from $16.5 million in the prior quarter.
- The five-year high for Work In Process was $16.5 million in Q4 2025, with the low at $1.5 million in Q1 2022.
- Historically, Work In Process has averaged $7.4 million across 5 years, with a median of $6.3 million in 2024.
- Annual changes were most pronounced in 2023 — Work In Process jumped 201.39% — and 2024, when it tumbled 48.56%.
- Cytek Biosciences' Work In Process stood at $4.9 million in 2022, then surged by 113.48% to $10.5 million in 2023, then plunged by 37.94% to $6.5 million in 2024, then surged by 154.79% to $16.5 million in 2025, then retreated by 1.16% to $16.3 million in 2026.
- The last three Work In Process figures came in at $16.3 million (Q1 2026), $16.5 million (Q4 2025), and $6.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn |
| 10 | Cytek Biosciences | - | - | 21.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.34 Mn |
| Dec 31, 2025 | 16.53 Mn |
| Sep 30, 2025 | 6.73 Mn |
| Jun 30, 2025 | 7.67 Mn |
| Mar 31, 2025 | 6.39 Mn |
| Dec 31, 2024 | 6.49 Mn |
| Sep 30, 2024 | 6.14 Mn |
| Jun 30, 2024 | 6.03 Mn |
| Mar 31, 2024 | 6.27 Mn |
| Dec 31, 2023 | 10.45 Mn |
| Sep 30, 2023 | 11.93 Mn |
| Jun 30, 2023 | 5.61 Mn |
| Mar 31, 2023 | 4.54 Mn |
| Dec 31, 2022 | 4.90 Mn |
| Sep 30, 2022 | 5.41 Mn |
| Jun 30, 2022 | 2.48 Mn |
| Mar 31, 2022 | 1.51 Mn |
| Dec 31, 2021 | 2.30 Mn |
| Sep 30, 2021 | 1.99 Mn |
| Jun 30, 2021 | 2.02 Mn |