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
DateValue
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