Maxcyte (MXCT) Gross Margin (2020 - 2026)
Maxcyte's (MXCT) quarterly Gross Margin came in at 179.56% in Q1 2026, up 9397.0% year-on-year from 1.89% in Q1 2025, and up 250.5% on a QoQ basis from 119.31% in Q4 2025.
Maxcyte (MXCT) Gross Margin (2020 - 2026) Analysis & Trends
Maxcyte (MXCT) has 7 years of Gross Margin data on file, last reported at 179.56% in Q1 2026.
- On a quarterly basis, Gross Margin rose 9397.0% year-over-year to 179.56% in Q1 2026; TTM through Mar 2026 was 172.5%, a 6943.0% increase from a year earlier, with the FY2025 full-year figure at 127.9%, down 1402.0% from the prior year.
- Gross Margin for Q1 2026 stood at 179.56%, up from 119.31% in the prior quarter.
- Over the last five years, Gross Margin for MXCT reached as high as 180.12% in Q2 2024 and fell as low as 119.31% in Q4 2025.
- Historically, Gross Margin has averaged 100.91% across 5 years, with a median of 88.34% in 2022.
- Across the five-year window, Gross Margin soared 9533 bps in 2024 and tumbled 22521 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 140.24% in 2022, then tumbled by 62 bps to 53.08% in 2023, then jumped by 99 bps to 105.9% in 2024, then plunged by 213 bps to 119.31% in 2025, then soared by 250 bps to 179.56% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | 183.54 Bn | 176.24 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 129.03 Bn | 126.15 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 108.43 Bn | 99.21 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 68.74 Bn | 67.28 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 48.34 Bn | 44.67 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 28.35 Bn | 27.24 Bn | 750.30 Mn | 62.95% |
| 7 | GE HealthCare Technologies | 28.07 Bn | 25.78 Bn | 1.98 Bn | 38.53% |
| 8 | Smith & Nephew | 26.89 Bn | 26.31 Bn | - | - |
| 9 | Koninklijke Philips | 24.06 Bn | 20.93 Bn | 2.07 Bn | 45.22% |
| 10 | Maxcyte | 109.55 Mn | 109.55 Mn | 8.08 Mn | 179.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 88.96% |