Maxcyte (MXCT) Cost of Revenue (2020 - 2026)
Maxcyte (MXCT) recorded Cost of Revenue of $1.68 million in Q2 2026, up 10.3% from $1.52 million a year earlier and up 6.8% from the prior quarter.
Maxcyte (MXCT) Cost of Revenue (2020 - 2026) Analysis & Trends
On a TTM basis, Maxcyte's Cost of Revenue came in at $6.45 million as of Jun 30, 2026, down 10.7% year-over-year; for FY2025, it was $6.22 million, down 12.4% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 17.6% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $7.1 million in FY2024 (+49.7%), $4.74 million in FY2023 (-7.0%), $5.1 million in FY2022 (+39.8%) and $3.65 million in FY2021 (+31.8%).
- The Q2 2026 figure is the highest quarterly Cost of Revenue since Q4 2024.
- On a year-over-year basis, Cost of Revenue rose in six of the last eight quarters, with growth averaging 20.7%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 143.1% in Q3 2024, against a decline of 42.1% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.57 million (Q1 2026), $1.61 million (Q4 2025) and $1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.17 Bn | 228.32 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 179.42 Bn | 150.51 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 161.98 Bn | 145.80 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 156.76 Bn | 137.18 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 122.13 Bn | 88.00 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 117.84 Bn | 103.96 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 66.19 Bn | 61.20 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Becton Dickinson | 54.16 Bn | 51.31 Bn | 2.32 Bn | 2.67 Bn |
| 9 | Edwards Lifesciences | 51.35 Bn | 35.47 Bn | 1.35 Bn | 392.40 Mn |
| 10 | Maxcyte | 148.59 Mn | -272.73 Mn | 5.60 Mn | 1.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.68 Mn |
| Mar 31, 2026 | 1.57 Mn |
| Dec 31, 2025 | 1.61 Mn |
| Sep 30, 2025 | 1.60 Mn |
| Jun 30, 2025 | 1.52 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 2.28 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | 1.49 Mn |
| Mar 31, 2024 | 1.40 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Sep 30, 2023 | 793,000.00 |
| Jun 30, 2023 | 1.38 Mn |
| Mar 31, 2023 | 1.00 Mn |
| Dec 31, 2022 | 1.55 Mn |
| Sep 30, 2022 | 1.37 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.06 Mn |
| Dec 31, 2021 | 1.23 Mn |
| Sep 30, 2021 | 943,800.00 |
Maxcyte Cost of Revenue 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=cost-of-revenue&ticker=MXCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MXCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MXCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();