Maxcyte (MXCT) Research & Development (2020 - 2026)

Maxcyte (MXCT) reported Research & Development of $3.9 million for Q1 2026, down 34.66% year-over-year from $5.9 million in Q1 2025, and up 15.65% quarter-over-quarter from $3.3 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.

  • Research & Development for Q1 2026 came in at $3.9 million, down 34.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.8 million (down 12.47% YoY), and the FY2025 annual result was $20.8 million, down 6.32% from the prior year.
  • Research & Development rose to $3.9 million in Q1 2026 per MXCT's latest filing, from $3.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $6.7 million in Q1 2024 and troughed at $3.3 million in Q4 2025.
  • A 5-year average of $5.3 million and a median of $5.6 million in 2024 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 93.86% in 2022 and fell as far as 38.03% in 2022.
  • A 5-year view of Research & Development shows it stood at $5.7 million in 2022, then rose by 2.0% to $5.8 million in 2023, then decreased by 21.02% to $4.6 million in 2024, then fell by 27.72% to $3.3 million in 2025, then gained by 15.65% to $3.9 million in 2026.
  • Business Quant data shows MXCT's Research & Development at $3.9 million in Q1 2026, $3.3 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 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Maxcyte 127.72 Mn 127.72 Mn 8.08 Mn 3.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.86 Mn
Dec 31, 2025 3.34 Mn
Sep 30, 2025 5.32 Mn
Jun 30, 2025 6.27 Mn
Mar 31, 2025 5.90 Mn
Dec 31, 2024 4.61 Mn
Sep 30, 2024 5.32 Mn
Jun 30, 2024 5.62 Mn
Mar 31, 2024 6.68 Mn
Dec 31, 2023 5.84 Mn
Sep 30, 2023 6.26 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 4.70 Mn
Mar 31, 2022 3.77 Mn
Dec 31, 2021 3.38 Mn
Sep 30, 2021 2.75 Mn
Jun 30, 2021 3.20 Mn