Maxcyte (MXCT) Operating Expenses (2020 - 2026)

Maxcyte's (MXCT) quarterly Operating Expenses came in at $14.3 million in Q1 2026, down 32.66% year-on-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) 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.

  • On a quarterly basis, Operating Expenses fell 32.66% year-over-year to $14.3 million in Q1 2026; TTM through Mar 2026 was $71.8 million, a 12.14% decrease from a year earlier, with the FY2025 full-year figure at $78.7 million, down 4.86% from the prior year.
  • Operating Expenses for Q1 2026 stood at $14.3 million, down from $16.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for MXCT reached as high as $22.2 million in Q1 2024 and fell as low as $14.3 million in Q1 2026.
  • Historically, Operating Expenses has averaged $19.2 million across 5 years, with a median of $20.3 million in 2024.
  • Across the five-year window, Operating Expenses surged 60.38% in 2022 and sank 32.66% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $17.6 million in 2022, then advanced by 25.87% to $22.2 million in 2023, then fell by 12.96% to $19.3 million in 2024, then retreated by 12.41% to $16.9 million in 2025, then fell by 15.66% to $14.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 182.32 Bn 175.02 Bn 6.27 Bn 9.82 Bn
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 2.87 Bn
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 785.50 Mn
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 495.00 Mn
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 1.46 Bn
8 Smith & Nephew 26.99 Bn 26.41 Bn - -47.00 Mn
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn -668.50 Mn
10 Maxcyte 110.62 Mn 110.62 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