What is MaxCyte's R&D?

MaxCyte (MXCT) reported R&D of $3.86M in Q1 2026.

How has MaxCyte's R&D changed year-over-year?

MaxCyte's R&D decreased by 34.7% year-over-year, from $5.9M to $3.86M.

What is the long-term trend for MaxCyte's R&D?

Over 4 years (2021 to 2025), MaxCyte's R&D has grown at a 7.8% compound annual growth rate (CAGR), from $15.41M to $20.82M.

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

MaxCyte MXCT R&D

R&D at other companies

Bio-Rad LaboratoriesBIO

$62.9M-14.4%

Thermo Fisher ScientificTMO

$336M-1.8%

Ginkgo BioworksDNA

$49.92M-29.6%

Immix Biopharma, Inc.IMMX

$5.98M+203%

Rapid Micro BiosystemsRPID

$3.36M-7.3%

PDE

Pro-Dex, Inc.PDEX

$827K-12.7%

Segments

By segment

See full

Cell Engineering Technology$3.71M-29.6%

Other financials

Income statement

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Revenue$9.7M-7.1%

Gross profit$8.1M-9.1%

Operating income-$6.2M+49.7%

Net income-$4.8M+53.7%

EPS (diluted)-$0.04+60.0%

Balance sheet

See full

Cash & equivalents$14.6M-37.8%

Total debt$17.5M-7.1%

Total equity$167.9M-15.8%

Total assets$194.5M-15.4%

Cash flow

See full

Operating cash flow-$8.2M+43.3%

CapEx$72.0K-89.0%

Free cash flow-$8.2M+45.3%

Valuation

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Market cap$130.15M-46.8%

Enterprise value$133.08M-46.3%

P/S4×-2.8×

Profitability

See full

Gross margin80.5%-0.4pp

Operating margin-141.8%+6.4pp

Net margin-121.2%+12.3pp

FCF margin-90.9%+3.7pp

Returns & leverage

See full

Return on equity-21.3%+2.0pp

Debt / equity0.1×0.0×

Current ratio12×-0.2×

Where this comes from

Reported directly by MaxCyte in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: MaxCyte’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MaxCyte's R&D?: MaxCyte (MXCT) reported R&D of $3.86M in Q1 2026.
How has MaxCyte's R&D changed year-over-year?: MaxCyte's R&D decreased by 34.7% year-over-year, from $5.9M to $3.86M.
What is the long-term trend for MaxCyte's R&D?: Over 4 years (2021 to 2025), MaxCyte's R&D has grown at a 7.8% compound annual growth rate (CAGR), from $15.41M to $20.82M.
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.