Maxcyte (MXCT) Net Margin (2020 - 2026)
Maxcyte's Net Margin was -122.05% in Q2 2026, up 23.21 percentage points from -145.26% a year earlier but down 72.83 percentage points from the prior quarter.
Maxcyte (MXCT) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Maxcyte's Net Margin was -114.77% through Jun 30, 2026, up 10.46 percentage points year-over-year; for FY2025, it was -135.14%, down 28.85 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, with a five-year change of -89.98 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -106.29% in FY2024 (-14.44 pp), -91.85% in FY2023 (-38.60 pp), -53.25% in FY2022 (+3.04 pp) and -56.30% in FY2021 (-11.15 pp).
- Quarterly Net Margin has moved between -181.81% (Q3 2025) and -26.44% (Q3 2021) over five years.
- Compared with a year earlier, Net Margin was higher in two of the last eight quarters, with an average year-over-year change of -17.05 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2022 (a gain of 74.30 percentage points); the worst was Q1 2023 (a drop of 91.79 percentage points).
- Per Business Quant data, MXCT's Net Margin in the three quarters before Q2 2026 was -49.22% (Q1 2026), -131.45% (Q4 2025) and -181.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 16.67% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 7.57% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 13.89% |
| 10 | Maxcyte | 123.12 Mn | 123.12 Mn | 5.60 Mn | -122.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -122.05% |
| Mar 31, 2026 | -49.22% |
| Dec 31, 2025 | -131.45% |
| Sep 30, 2025 | -181.81% |
| Jun 30, 2025 | -145.26% |
| Mar 31, 2025 | -98.76% |
| Dec 31, 2024 | -121.90% |
| Sep 30, 2024 | -141.56% |
| Jun 30, 2024 | -89.89% |
| Mar 31, 2024 | -83.99% |
| Dec 31, 2023 | -33.69% |
| Sep 30, 2023 | -140.57% |
| Jun 30, 2023 | -116.24% |
| Mar 31, 2023 | -126.89% |
| Dec 31, 2022 | -38.71% |
| Sep 30, 2022 | -60.45% |
| Jun 30, 2022 | -85.97% |
| Mar 31, 2022 | -35.10% |
| Dec 31, 2021 | -48.01% |
| Sep 30, 2021 | -26.44% |
Maxcyte Net 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=net-margin&ticker=MXCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MXCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();