Cryoport (CYRX) Gross Margin (2010 - 2026)
Cryoport (CYRX) posted quarterly Gross Margin of 45.85% for Q1 2026, up 42.0% year-over-year from 32.29% in Q1 2025, and down 4.03% quarter-over-quarter from 47.77% in Q4 2025.
Cryoport (CYRX) Gross Margin (2010 - 2026) Analysis & Trends
Cryoport (CYRX) has reported Gross Margin for 17 consecutive years, with 45.85% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 42.0% year-over-year to 45.85%; the TTM figure through Mar 2026 stood at 47.19% (up 157.0% YoY), while the FY2025 annual figure was 47.14%, up 271.0% from the prior year.
- Gross Margin eased to 45.85% in Q1 2026 per CYRX's latest filing, from 47.77% in the prior quarter.
- Across five years, Gross Margin topped out at 48.21% in Q3 2025 and bottomed at 10.06% in Q4 2023.
- Historically, Gross Margin has averaged 42.73% across 5 years, with a median of 44.48% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 3347 bps — and 2024, when it soared 3696 bps.
- Cryoport's Gross Margin stood at 43.54% in 2022, then slumped by 77 bps to 10.06% in 2023, then soared by 367 bps to 47.03% in 2024, then gained by 2 bps to 47.77% in 2025, then dropped by 4 bps to 45.85% in 2026.
- Business Quant data shows CYRX's Gross Margin at 45.85% in Q1 2026, 47.77% in Q4 2025, and 48.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.44 Bn | 82.78 Bn | 19.65 Bn | 86.04% |
| 2 | Fedex | 77.46 Bn | 64.15 Bn | 18.84 Bn | 75.35% |
| 3 | Hunt J B Transport Services | 26.01 Bn | 26.00 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.61 Bn | 23.58 Bn | 1.09 Bn | 30.99% |
| 5 | ZTO Express (Cayman) | 17.24 Bn | 12.84 Bn | 469.01 Mn | 24.36% |
| 6 | C. H. Robinson Worldwide | 17.14 Bn | 16.98 Bn | 1.11 Bn | 22.41% |
| 7 | Landstar System | 6.25 Bn | 5.90 Bn | 308.86 Mn | 21.56% |
| 8 | GXO Logistics | 5.27 Bn | 4.50 Bn | 508.00 Mn | 14.76% |
| 9 | Pitney Bowes | 2.22 Bn | 1.94 Bn | 296.14 Mn | 65.59% |
| 10 | Cryoport | 837.35 Mn | 440.66 Mn | 22.82 Mn | 46.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.61% |
| Mar 31, 2026 | 45.85% |
| Dec 31, 2025 | 47.77% |
| Sep 30, 2025 | 48.21% |
| Jun 30, 2025 | 47.03% |
| Mar 31, 2025 | 45.42% |
| Dec 31, 2024 | 47.03% |
| Sep 30, 2024 | 45.50% |
| Jun 30, 2024 | 44.48% |
| Mar 31, 2024 | 40.40% |
| Dec 31, 2023 | 10.06% |
| Sep 30, 2023 | 43.21% |
| Jun 30, 2023 | 43.38% |
| Mar 31, 2023 | 43.10% |
| Dec 31, 2022 | 43.54% |
| Sep 30, 2022 | 43.69% |
| Jun 30, 2022 | 44.95% |
| Mar 31, 2022 | 42.72% |
| Dec 31, 2021 | 40.95% |
| Sep 30, 2021 | 41.47% |