Maxcyte (MXCT) Research & Development (2020 - 2026)
Maxcyte's (MXCT) quarterly Research & Development came in at $3.9 million in Q1 2026, down 34.66% year-on-year from $5.9 million in Q1 2025, and up 10.07% on a QoQ basis from $3.5 million in Q4 2025.
Maxcyte (MXCT) Research & Development (2020 - 2026) Analysis & Trends
Maxcyte (MXCT) has 7 years of Research & Development data on file, last reported at $3.9 million in Q1 2026.
- On a quarterly basis, Research & Development fell 34.66% year-over-year to $3.9 million in Q1 2026; TTM through Mar 2026 was $18.9 million, a 4.67% decrease from a year earlier, with the FY2025 full-year figure at $18.9 million, down 14.86% from the prior year.
- Research & Development for Q1 2026 stood at $3.9 million, up from $3.5 million in the prior quarter.
- Over the last five years, Research & Development for MXCT reached as high as $7.4 million in Q1 2024 and fell as low as $2.0 million in Q4 2024.
- Historically, Research & Development has averaged $5.2 million across 5 years, with a median of $5.3 million in 2022.
- Across the five-year window, Research & Development soared 487.02% in 2022 and slumped 49.52% in 2024, its largest moves.
- Year by year, Research & Development stood at $5.7 million in 2022, then fell by 29.48% to $4.0 million in 2023, then slumped by 49.52% to $2.0 million in 2024, then jumped by 71.85% to $3.5 million in 2025, then climbed by 10.07% to $3.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.9 million in Q1 2026, $3.5 million in Q4 2025, and $5.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.54 Bn | 176.24 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 129.03 Bn | 126.15 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 108.43 Bn | 99.21 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 68.74 Bn | 67.28 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 48.34 Bn | 44.67 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 28.35 Bn | 27.24 Bn | 750.30 Mn | 145.30 Mn |
| 7 | GE HealthCare Technologies | 28.07 Bn | 25.78 Bn | 1.98 Bn | 345.00 Mn |
| 8 | Smith & Nephew | 26.89 Bn | 26.31 Bn | - | - |
| 9 | Koninklijke Philips | 24.06 Bn | 20.93 Bn | 2.07 Bn | -461.27 Mn |
| 10 | Maxcyte | 109.55 Mn | 109.55 Mn | 8.08 Mn | 3.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.86 Mn |
| Dec 31, 2025 | 3.50 Mn |
| Sep 30, 2025 | 5.32 Mn |
| Jun 30, 2025 | 6.27 Mn |
| Mar 31, 2025 | 5.90 Mn |
| Dec 31, 2024 | 2.04 Mn |
| Sep 30, 2024 | 5.32 Mn |
| Jun 30, 2024 | 6.62 Mn |
| Mar 31, 2024 | 7.37 Mn |
| Dec 31, 2023 | 4.04 Mn |
| Sep 30, 2023 | 7.05 Mn |
| Jun 30, 2023 | 5.66 Mn |
| Mar 31, 2023 | 6.05 Mn |
| Dec 31, 2022 | 5.73 Mn |
| Sep 30, 2022 | 5.33 Mn |
| Jun 30, 2022 | 4.93 Mn |
| Mar 31, 2022 | 3.84 Mn |
| Dec 31, 2021 | 975,700.00 |
| Sep 30, 2021 | 3.21 Mn |
| Jun 30, 2021 | 2.91 Mn |