Cryoport (CYRX) Research & Development (2010 - 2026)
Cryoport (CYRX) reported Research & Development of $4.85 million for Q2 2026, up 17.8% from $4.12 million a year earlier and up 24.2% from the prior quarter.
Cryoport (CYRX) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cryoport's Research & Development came in at $17.75 million, up 8.5% year-over-year; for FY2025, it came in at $17.04 million, down 3.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- By year, Research & Development came in at $17.71 million in FY2024 (-1.8%), $18.04 million in FY2023 (+14.7%), $15.72 million in FY2022 (-6.7%) and $16.84 million in FY2021 (+77.6%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q3 2023.
- Year over year, Research & Development gained in three of the last eight quarters, with an average decline of 3.4%.
- The high point for year-over-year Research & Development in five years was Q3 2021 (growth of 81.1%); the low point was Q2 2022 (a decline of 21.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.91 million (Q1 2026), $4.47 million (Q4 2025) and $4.52 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | - |
| 10 | Cryoport | 877.23 Mn | -755.62 Mn | 22.82 Mn | 4.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.85 Mn |
| Mar 31, 2026 | 3.91 Mn |
| Dec 31, 2025 | 4.47 Mn |
| Sep 30, 2025 | 4.52 Mn |
| Jun 30, 2025 | 4.12 Mn |
| Mar 31, 2025 | 3.93 Mn |
| Dec 31, 2024 | 4.16 Mn |
| Sep 30, 2024 | 4.16 Mn |
| Jun 30, 2024 | 4.65 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Dec 31, 2023 | 4.75 Mn |
| Sep 30, 2023 | 5.15 Mn |
| Jun 30, 2023 | 4.26 Mn |
| Mar 31, 2023 | 3.88 Mn |
| Dec 31, 2022 | 4.68 Mn |
| Sep 30, 2022 | 3.99 Mn |
| Jun 30, 2022 | 3.52 Mn |
| Mar 31, 2022 | 3.54 Mn |
| Dec 31, 2021 | 3.89 Mn |
| Sep 30, 2021 | 4.19 Mn |
Cryoport Research & Development 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=research-and-development&ticker=CYRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CYRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CYRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();