Maxcyte (MXCT) Operating Expenses (2020 - 2026)
Maxcyte (MXCT) reported Operating Expenses of $14.3 million for Q1 2026, down 32.66% year-over-year from $21.2 million in Q1 2025, and down 15.66% on a QoQ basis from $16.9 million in Q4 2025.
Maxcyte (MXCT) has 7 years of Operating Expenses data on file, last reported at $14.3 million in Q1 2026.
- Quarterly Operating Expenses fell 32.66% year-over-year to $14.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $71.8 million (down 12.14% YoY) and the FY2025 annual result came in at $78.7 million, down 4.86% from the prior year.
- Operating Expenses declined to $14.3 million in Q1 2026 per MXCT's latest filing, from $16.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $22.2 million in Q1 2024 and bottomed at $14.3 million in Q1 2026.
- The 5-year median for Operating Expenses is $20.3 million (2024), against an average of $19.2 million.
- The widest annual swing landed in 2022, when Operating Expenses surged 60.38%; it then sank 32.66% in 2026.
- Tracing MXCT's Operating Expenses over 5 years: stood at $17.6 million in 2022, then climbed by 25.87% to $22.2 million in 2023, then retreated by 12.96% to $19.3 million in 2024, then decreased by 12.41% to $16.9 million in 2025, then retreated by 15.66% to $14.3 million in 2026.
- Per Business Quant, the three latest MXCT Operating Expenses figures stand at $14.3 million (Q1 2026), $16.9 million (Q4 2025), and $19.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Maxcyte | 129.85 Mn | 129.85 Mn | 8.08 Mn | 14.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.27 Mn |
| Dec 31, 2025 | 16.92 Mn |
| Sep 30, 2025 | 19.38 Mn |
| Jun 30, 2025 | 21.22 Mn |
| Mar 31, 2025 | 21.19 Mn |
| Dec 31, 2024 | 19.31 Mn |
| Sep 30, 2024 | 20.29 Mn |
| Jun 30, 2024 | 20.91 Mn |
| Mar 31, 2024 | 22.21 Mn |
| Dec 31, 2023 | 22.19 Mn |
| Sep 30, 2023 | 21.16 Mn |
| Jun 30, 2023 | 20.74 Mn |
| Mar 31, 2023 | 20.75 Mn |
| Dec 31, 2022 | 17.63 Mn |
| Sep 30, 2022 | 16.99 Mn |
| Jun 30, 2022 | 17.23 Mn |
| Mar 31, 2022 | 14.68 Mn |
| Dec 31, 2021 | 13.88 Mn |
| Sep 30, 2021 | 11.64 Mn |
| Jun 30, 2021 | 10.74 Mn |
| Mar 31, 2021 | 12.17 Mn |
| Dec 31, 2020 | 9.99 Mn |
| Sep 30, 2020 | 8.87 Mn |
| Jun 30, 2020 | 7.53 Mn |