What is CryoPort, Inc.'s R&D?

CryoPort, Inc. (CYRX) reported R&D of $3.91M in Q1 2026.

How has CryoPort, Inc.'s R&D changed year-over-year?

CryoPort, Inc.'s R&D decreased by 0.7% year-over-year, from $3.93M to $3.91M.

What is the long-term trend for CryoPort, Inc.'s R&D?

Over 4 years (2021 to 2025), CryoPort, Inc.'s R&D has grown at a 0.3% compound annual growth rate (CAGR), from $16.84M to $17.04M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

CryoPort, Inc. CYRX R&D

R&D at other companies

AzentaAZTA

$9.43M+24.1%

BioLife SolutionsBLFS

$2.65M+84.2%

RevvityRVTY

$57.89M+8.0%

Carrier GlobalCARR

$143M-6.5%

Thermo Fisher ScientificTMO

$336M-1.8%

Bio-Rad LaboratoriesBIO

$62.9M-14.4%

Other financials

Income statement

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Revenue$47.8M+16.5%

Gross profit$21.9M+17.6%

Operating income-$9.6M-33.6%

Net income-$10.5M+12.0%

EPS (diluted)-$0.25+10.7%

Balance sheet

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Cash & equivalents$272.9M+656%

Total debt$230.7M+293%

Total equity$495.0M+24.1%

Total assets$763.6M+9.1%

Cash flow

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Operating cash flow$3.7M+186%

CapEx$10.0M+215%

Free cash flow-$6.2M+16.8%

Valuation

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Market cap$800.39M+151%

Enterprise value$758.23M+122%

P/E10.6×—

P/S4.4×+2.4×

Profitability

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Gross margin47.2%+1.6pp

Operating margin-21.4%-8.8pp

Net margin39.2%+22.1pp

FCF margin-13%-3.6pp

Returns & leverage

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Return on equity14.5%+8.6pp

Debt / equity0.5×+0.3×

Current ratio2.1×-3.5×

Where this comes from

Reported directly by CryoPort, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: CryoPort, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CryoPort, Inc.'s R&D?: CryoPort, Inc. (CYRX) reported R&D of $3.91M in Q1 2026.
How has CryoPort, Inc.'s R&D changed year-over-year?: CryoPort, Inc.'s R&D decreased by 0.7% year-over-year, from $3.93M to $3.91M.
What is the long-term trend for CryoPort, Inc.'s R&D?: Over 4 years (2021 to 2025), CryoPort, Inc.'s R&D has grown at a 0.3% compound annual growth rate (CAGR), from $16.84M to $17.04M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.