Maxcyte (MXCT) Gross Margin (2020 - 2026)
Maxcyte (MXCT) posted quarterly Gross Margin of 179.56% for Q1 2026, up 9397.0% year-over-year from 1.89% in Q1 2025, and up 250.5% quarter-over-quarter from 119.31% in Q4 2025.
Maxcyte (MXCT) Gross Margin (2020 - 2026) Analysis & Trends
Maxcyte (MXCT) has reported Gross Margin for 7 consecutive years, with 179.56% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 9397.0% year-over-year to 179.56%; the TTM figure through Mar 2026 stood at 172.5% (up 6943.0% YoY), while the FY2025 annual figure was 127.9%, down 1402.0% from the prior year.
- Gross Margin rose to 179.56% in Q1 2026 per MXCT's latest filing, from 119.31% in the prior quarter.
- Across five years, Gross Margin topped out at 180.12% in Q2 2024 and bottomed at 119.31% in Q4 2025.
- Historically, Gross Margin has averaged 100.91% across 5 years, with a median of 88.34% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin surged 9533 bps — and 2025, when it sank 22521 bps.
- Maxcyte's Gross Margin stood at 140.24% in 2022, then tumbled by 62 bps to 53.08% in 2023, then surged by 99 bps to 105.9% in 2024, then plunged by 213 bps to 119.31% in 2025, then jumped by 250 bps to 179.56% in 2026.
- Business Quant data shows MXCT's Gross Margin at 179.56% in Q1 2026, 119.31% in Q4 2025, and 76.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.95 Bn | 193.34 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 127.40 Bn | 123.93 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.77 Bn | 109.55 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.24 Bn | 72.71 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.95 Bn | 47.70 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.39 Bn | 32.44 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.87 Bn | 31.76 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.34 Bn | 23.02 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.04 Bn | 22.56 Bn | 684.20 Mn | 45.84% |
| 10 | Maxcyte | 147.42 Mn | 147.42 Mn | 5.60 Mn | 76.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.96% |
| Mar 31, 2026 | 179.56% |
| Dec 31, 2025 | -119.31% |
| Sep 30, 2025 | 76.63% |
| Jun 30, 2025 | 82.14% |
| Mar 31, 2025 | 85.59% |
| Dec 31, 2024 | 105.90% |
| Sep 30, 2024 | 76.38% |
| Jun 30, 2024 | 180.12% |
| Mar 31, 2024 | 177.99% |
| Dec 31, 2023 | 53.08% |
| Sep 30, 2023 | 173.51% |
| Jun 30, 2023 | 84.78% |
| Mar 31, 2023 | 152.62% |
| Dec 31, 2022 | 140.24% |
| Sep 30, 2022 | 87.14% |
| Jun 30, 2022 | 88.34% |
| Mar 31, 2022 | 90.83% |
| Dec 31, 2021 | 118.93% |
| Sep 30, 2021 | 90.69% |