Maxcyte (MXCT) Gross Margin (2020 - 2026)
Maxcyte (MXCT) recorded Gross Margin of 76.96% in Q2 2026, down 5.18 percentage points from 82.14% a year earlier and down 6.78 percentage points from the prior quarter.
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Analysis
Maxcyte (MXCT) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Maxcyte's Gross Margin came in at 79.23% as of Jun 30, 2026, down 0.56 percentage points year-over-year; for FY2025, it came in at 81.16%, down 0.46 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -8.27 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 81.62% in FY2024 (-6.90 pp), 88.51% in FY2023 (+0.03 pp), 88.48% in FY2022 (-0.76 pp) and 89.24% in FY2021 (-0.19 pp).
- Quarterly Gross Margin has ranged from 73.76% in Q4 2024 to 90.83% in Q1 2022 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -4.77 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.18 percentage points in Q4 2025, against a drop of 16.20 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 83.74% (Q1 2026), 77.95% (Q4 2025) and 76.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 77.46% |
| 10 | Maxcyte | 123.12 Mn | 123.12 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% |
API Access
Maxcyte Gross Margin 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=gross-margin&ticker=MXCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MXCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();