Maxcyte (MXCT) Gross Margin (2020 - 2026)
Maxcyte's (MXCT) quarterly Gross Margin came in at 76.96% in Q2 2026, down 518.0% year-over-year from 18.41% in Q2 2025, and down 8.1% quarter-over-quarter from 83.74% in Q1 2026.
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Maxcyte (MXCT) Gross Margin (2020 - 2026) Analysis & Trends
Maxcyte (MXCT) has reported Gross Margin for 7 consecutive years, with 76.96% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 518.0% year-over-year to 76.96% in Q2 2026; TTM through Jun 2026 was 79.23%, a 56.0% decrease from a year earlier, with the FY2025 full-year figure at 81.16%, down 46.0% from the prior year.
- Gross Margin was 76.96% for Q2 2026 at Maxcyte, down from 83.74% in the prior quarter.
- Over five years, Gross Margin peaked at 90.83% in Q1 2022 and troughed at 73.76% in Q4 2024.
- A 5-year average of 84.09% and a median of 85.66% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 1620 bps in 2024 and surged 418 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 87.55% in 2022, then grew by 3 bps to 89.96% in 2023, then slipped by 18 bps to 73.76% in 2024, then gained by 6 bps to 77.95% in 2025, then decreased by 1 bps to 76.96% in 2026.
- The last three Gross Margin figures came in at 76.96% (Q2 2026), 83.74% (Q1 2026), and 77.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 225.12 Bn | 221.06 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 144.34 Bn | 139.99 Bn | 3.61 Bn | 57.64% |
| 3 | Agilent Technologies | 41.01 Bn | 39.25 Bn | 1.04 Bn | 55.48% |
| 4 | Illumina | 31.14 Bn | 29.97 Bn | 770.00 Mn | 66.44% |
| 5 | Revvity | 13.89 Bn | 12.86 Bn | 416.87 Mn | 57.13% |
| 6 | Bio-Techne | 11.27 Bn | 11.00 Bn | 211.39 Mn | 65.82% |
| 7 | Bio-Rad Laboratories | 10.13 Bn | 8.51 Bn | 345.80 Mn | 53.12% |
| 8 | Repligen | 9.34 Bn | 8.33 Bn | 110.04 Mn | 53.91% |
| 9 | 10x Genomics | 8.67 Bn | 8.12 Bn | 112.50 Mn | 74.48% |
| 10 | Maxcyte | 132.99 Mn | 132.99 Mn | 5.60 Mn | 76.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.96% |
| Mar 31, 2026 | 83.74% |
| Dec 31, 2025 | 77.95% |
| Sep 30, 2025 | 76.63% |
| Jun 30, 2025 | 82.14% |
| Mar 31, 2025 | 85.59% |
| Dec 31, 2024 | 73.76% |
| Sep 30, 2024 | 76.38% |
| Jun 30, 2024 | 85.73% |
| Mar 31, 2024 | 87.63% |
| Dec 31, 2023 | 89.96% |
| Sep 30, 2023 | 90.09% |
| Jun 30, 2023 | 84.78% |
| Mar 31, 2023 | 88.34% |
| Dec 31, 2022 | 87.55% |
| Sep 30, 2022 | 87.14% |
| Jun 30, 2022 | 88.34% |
| Mar 31, 2022 | 90.83% |
| Dec 31, 2021 | 87.92% |
| Sep 30, 2021 | 90.69% |