Cytek Biosciences (CTKB) Work In Process (2020 - 2026)
Cytek Biosciences (CTKB) recorded Work In Process of $15.84 million in Q2 2026, up 106.5% from $7.67 million a year earlier but down 3.1% from the prior quarter.
Cytek Biosciences (CTKB) Work In Process (2020 - 2026) Analysis & Trends
At the end of FY2025, Cytek Biosciences reported Work In Process of $16.53 million, up 154.8% from FY2024.
- Annual Work In Process has a five-year compound annual growth rate of 39.4% (FY2020 to FY2025).
- Across earlier years, Work In Process came in at $6.49 million in FY2024 (-37.9%), $10.45 million in FY2023 (+113.5%), $4.9 million in FY2022 (+113.2%) and $2.3 million in FY2021 (-26.7%).
- Quarterly Work In Process has ranged from $1.51 million in Q1 2022 to $16.53 million in Q4 2025 over the past five years.
- On a year-over-year basis, Work In Process has increased for six consecutive quarters, with growth averaging 46.2% over the last eight quarters.
- Peak year-over-year performance for Work In Process in the last five years was growth of 201.4% in Q1 2023, against a decline of 48.6% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $16.34 million (Q1 2026), $16.53 million (Q4 2025) and $6.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Cytek Biosciences | 748.70 Mn | 424.97 Mn | 28.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.84 Mn |
| 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 |
Cytek Biosciences Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=CTKB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "CTKB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=CTKB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();