MaxCyte (MXCT) Revenue & Revenue Breakdown


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MaxCyte Revenue Highlights


Latest Revenue (Y)

$41.29M

Latest Revenue (Q)

$8.16M

Main Segment (Y)

Product sales

MaxCyte Revenue by Period


MaxCyte Revenue by Year

DateRevenueChange
2023-12-31$41.29M-6.72%
2022-12-31$44.26M30.59%
2021-12-31$33.89M29.52%
2020-12-31$26.17M21.04%
2019-12-31$21.62M29.72%
2018-12-31$16.67M19.18%
2017-12-31$13.98M13.98%
2016-12-31$12.27M32.07%
2015-12-31$9.29M29.67%
2014-12-31$7.16M5.28%
2013-12-31$6.80M34.50%
2012-12-31$5.06M-

MaxCyte generated $41.29M in revenue during NA 2023, up -6.72% compared to the previous quarter, and up 247.72% compared to the same period a year ago.

MaxCyte Revenue by Quarter

DateRevenueChange
2024-09-30$8.16M-21.72%
2024-06-30$10.43M-8.05%
2024-03-31$11.34M-27.60%
2023-12-31$15.67M95.71%
2023-09-30$8.00M-11.48%
2023-06-30$9.04M5.44%
2023-03-31$8.58M-30.97%
2022-12-31$12.42M16.73%
2022-09-30$10.64M10.77%
2022-06-30$9.61M-17.08%
2022-03-31$11.59M14.14%
2021-12-31$10.15M0.13%
2021-09-30$10.14M42.64%
2021-06-30$7.11M9.44%
2021-03-31$6.49M-23.72%
2020-12-31$8.51M25.90%
2020-09-30$6.76M31.30%
2020-06-30$5.15M-10.30%
2020-03-31$5.74M-13.31%
2019-12-31$6.62M-
2019-09-30$6.62M58.21%
2019-06-30$4.19M-
2019-03-31$4.19M-14.01%
2018-12-31$4.87M-
2018-09-30$4.87M40.51%
2018-06-30$3.46M-
2018-03-31$3.46M-10.87%
2017-12-31$3.89M-
2017-09-30$3.89M25.20%
2017-06-30$3.11M-
2017-03-31$3.11M-8.71%
2016-12-31$3.40M-

MaxCyte generated $8.16M in revenue during Q3 2024, up -21.72% compared to the previous quarter, and up 90.28% compared to the same period a year ago.

MaxCyte Revenue Breakdown


MaxCyte Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Other$897.00K$1.02M$784.60K
Product sales$18.60M$27.73M$20.79M

MaxCyte's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product sales (95.40%), and Other (4.60%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Product and Service, Other$416.00K-----------
Product$5.20M-----------
Product sales-$5.36M$8.39M$5.42M$4.79M$7.43M$6.93M$6.81M$6.57M$7.23M$5.44M-
Other-$223.00K$520.40K$202.80K$173.80K$330.90K$227.30K$170.60K$289.70K$279.30K$165.30K$176.80K
Product Sales-----------$4.04M

MaxCyte's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (92.59%), and Product and Service, Other (7.41%).

MaxCyte Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ITGRInteger$1.60B$746.27M
CNMDCONMED$1.24B$316.70M
ANIKAnika Therapeutics$166.66M$38.75M
KIDSOrthoPediatrics$148.73M$52.80M
SRDXSurmodics$132.58M$30.34M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
IRMDIRadimed$65.56M$18.33M
NPCENeuroPace$65.42M$21.06M
MXCTMaxCyte$41.29M$8.16M
CVRXCVRx$39.30M$13.37M
OSAProSomnus$27.65M$7.46M
RPIDRapid Micro Biosystems$22.52M$7.60M
OFIXOrthofix Medical$100.00K$198.62M

MXCT Revenue FAQ


What is MaxCyte’s yearly revenue?

MaxCyte's yearly revenue for 2023 was $41.29M, representing a decrease of -6.72% compared to 2022. The company's yearly revenue for 2022 was $44.26M, representing an increase of 30.59% compared to 2021. MXCT's yearly revenue for 2021 was $33.89M, representing an increase of 29.52% compared to 2020.

What is MaxCyte’s quarterly revenue?

MaxCyte's quarterly revenue for Q3 2024 was $8.16M, a -21.72% decrease from the previous quarter (Q2 2024), and a 1.99% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $10.43M, a -8.05% decrease from the previous quarter (Q1 2024), and a 15.33% increase year-over-year (Q2 2023). MXCT's quarterly revenue for Q1 2024 was $11.34M, a -27.60% decrease from the previous quarter (Q4 2023), and a 32.25% increase year-over-year (Q1 2023).

What is MaxCyte’s revenue growth rate?

MaxCyte's revenue growth rate for the last 3 years (2021-2023) was 21.81%, and for the last 5 years (2019-2023) was 90.97%.

What are MaxCyte’s revenue streams?

MaxCyte's revenue streams in c 23 are Other, and Product sales. Other generated $897K in revenue, accounting 4.60% of the company's total revenue, down -11.93% year-over-year. Product sales generated $18.6M in revenue, accounting 95.40% of the company's total revenue, down -32.93% year-over-year.

What is MaxCyte’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of MaxCyte was Product sales. This segment made a revenue of $18.6M, representing 95.40% of the company's total revenue.