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% quarter-over-quarter from $16.9 million in Q4 2025.

Maxcyte (MXCT) Operating Expenses (2020 - 2026) Analysis & Trends

Maxcyte (MXCT) has 7 years of Operating Expenses data on file, last reported at $14.3 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $14.3 million, down 32.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $71.8 million (down 12.14% YoY), and the FY2025 annual result was $78.7 million, down 4.86% from the prior year.
  • Operating Expenses eased to $14.3 million in Q1 2026 per MXCT's latest filing, from $16.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $22.2 million in Q1 2024 and troughed at $14.3 million in Q1 2026.
  • A 5-year average of $19.2 million and a median of $20.3 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 60.38% in 2022, then tumbled 32.66% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $17.6 million in 2022, then increased by 25.87% to $22.2 million in 2023, then slipped by 12.96% to $19.3 million in 2024, then dropped by 12.41% to $16.9 million in 2025, then slipped by 15.66% to $14.3 million in 2026.
  • Business Quant data shows MXCT's Operating Expenses at $14.3 million in Q1 2026, $16.9 million in Q4 2025, and $19.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Maxcyte 127.72 Mn 127.72 Mn 8.08 Mn 14.27 Mn

Historic Data

Download Data
DateValue
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