Filing Flows

Filing Flows › Industrials › Cytek Biosciences (CTKB)

Cytek Biosciences (CTKB) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Cytek Biosciences (CTKB) Q3 2026 earnings results →

Q3 2026 Revenue up 2% year over year to $53.2M · 11¢ of every $1 of revenue lost · operating margin -15.8%

Cytek Biosciences made $53.2M in Q3 2026 (+2% Y/Y): Product $37.2M, Service $16.1M. Operating margin -15.8%, net loss $6.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.

Revenue$53.2M
Year over year+2%
Operating margin-15.8%
Net earnings−$6.1M
Operating cash flow−$4.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $53.2M in Q3 2026, up 2% year over year and up 11% from the previous quarter. Product was the largest line at 70% of revenue. Service added $1.9M year over year (up 13%), 202% of the total change. Product declined 3%.

Gross margin was 58.6%, up 5.9 points from Q3 2025. Operating costs exceeded revenue by $8.4M, an operating margin of -15.8%. Operating expenses grew 8% against revenue growth of 2%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $6.1M, narrower than the previous quarter's $12.2M loss. Non-operating items added $1.5M, -22% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$4.5M. Non-cash charges added back $2.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $5.3M. Capital expenditures of $1.5M exceeded it, leaving free cash flow of −$6.0M.

Quarterly history

Cytek Biosciences revenue by quarterCytek Biosciences revenue by quarter$41.5MQ1 2025$45.6MQ2 2025$52.3MQ3 2025$62.1MQ4 2025$44.1MQ1 2026$48.1MQ2 2026$53.2MQ3 2026
Cytek Biosciences net earnings by quarterCytek Biosciences net earnings by quarter−$11.4MQ1 2025−$5.6MQ2 2025−$5.5MQ3 2025−$44.1MQ4 2025−$18.9MQ1 2026−$12.2MQ2 2026−$6.1MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 4, 2026$53.2M+2%-15.8%−$6.1M−$4.5M
Q2 202610-QAug 5, 2026$48.1M+6%-23.7%−$12.2M$1.4M
Q1 202610-QMay 7, 2026$44.1M+6%-41.8%−$18.9M−$2.7M
Q4 202510-KFeb 26, 2026$62.1M+8%-9.0%−$44.1M−$771K
Q3 202510-QNov 5, 2025$52.3M+2%-17.6%−$5.5M−$3.9M
Q2 202510-QAug 6, 2025$45.6M-2%-23.3%−$5.6M$108K
Q1 202510-QMay 8, 2025$41.5M-8%-36.1%−$11.4M−$125K

Charts

Cytek Biosciences: revenue growth, year over year and quarter over quarterCytek Biosciences: revenue growth, year over year and quarter over quarterY/YQ/Q-8%Q1 2025-2%+10%Q2 2025+2%+15%Q3 2025+8%+19%Q4 2025+6%-29%Q1 2026+6%+9%Q2 2026+2%+11%Q3 2026
Latest (Q3 2026): Y/Y +2%, Q/Q +11%.
Cytek Biosciences: where the cash came from (+) and went (−), TTM to Q3 2026Cytek Biosciences: where the cash came from (+) and went (−), TTM to Q3 2026Cash drawn (+) / kept (−)$26.1MOther investing−$17.1MCapital spending−$6.9MOperating cash flow−$6.6MExchange rates$2.8MShares issued$1.2MOther financing$343KAsset & business sales$275KNet borrowing (+) / repaid (−)−$202KBuybacks$34K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Cytek Biosciences: profit against cash, quarter by quarterCytek Biosciences: profit against cash, quarter by quarterNet incomeOperating cash flow$9.6M$2.0MQ4 2024−$11.4M−$125KQ1 2025−$5.6M$108KQ2 2025−$5.5M−$3.9MQ3 2025−$44.1M−$771KQ4 2025−$18.9M−$2.7MQ1 2026−$12.2M$1.4MQ2 2026−$6.1M−$4.5MQ3 2026
Latest (Q3 2026): Net income −$6.1M, Operating cash flow −$4.5M.
Cytek Biosciences: diluted shares by fiscal yearCytek Biosciences: diluted shares by fiscal year33MFY202082MFY2021139MFY2022135MFY2023131MFY2024128MFY2025
+291.9% since FY2020: more shares outstanding (issuance, stock pay).
Cytek Biosciences in its industry: growth against margin (23 companies, SIC 3826)Cytek Biosciences in its industry: growth against margin (23 companies, SIC 3826)revenue growth, year over year →↑ operating marginmedian +6%median -11%AWATAVTRILMNMTDBRKRRVTYBIOTXGPACBALMRQTRXHBIOMASSBNGORPIDPRPOSEERLCTCSCNDEYPTASTCCTKB (+2%, -16%)
Laboratory Analytical Instruments; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Cytek Biosciences

We are a leading cell analysis solutions company advancing the next generation of research and clinical tools with our novel technical approach of leveraging the full spectrum of fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells (“Full Spectrum Profiling” or “FSP” technology). Our goal is to become the premier cell analysis company through continued innovation that facilitates scientific advances in biomedical research and clinical applications. Biological systems are highly complex, and scientists are challenged by the multitude of questions that remain unanswered. Analysis at the single-cell level is essential to understand these complex systems. Identifying the correct cell in the context of a given biological question can have profound implications for drug development and health care decisions.

In its own words, from its 10-K, filed Feb 26, 2026.

Cytek Biosciences against its Laboratory Analytical Instruments peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +4%. Operating margin: -15.8% against the peers' median 8.2%.

CompanyQuarterRevenueY/YOp. margin
CTKB Cytek BiosciencesQ3 2026$53.2M+2%-15.8%
A Agilent TechnologiesQ3 FY26$1.9B+8%23.6%
WAT WatersQ3 2026$1.8B+121%7.2%
AVTR AvantorQ3 2026$1.7B+5%8.2%
ILMN IlluminaQ3 2026$1.1B+4%27.0%
MTD Mettler Toledo InternationalQ3 2026$1.1B+6%27.4%
BRKR BrukerQ3 2026$874M+2%-10.4%
RVTY RevvityQ3 2026$729M+4%10.6%
BIO Bio-Rad LaboratoriesQ3 2026$656M+0.5%-7.6%

Source: Cytek Biosciences 10-Q on SEC EDGAR · CIK 1831915 · Laboratory Analytical Instruments

Guidance and outlook

Cytek Biosciences: what its forward-looking statements are about (10-Q filed 2026-11-04)Cytek Biosciences: what its forward-looking statements are about (10-Q filed 2026-11-04)Demand8Other4Capital spending4Costs3People2Tax1
22 statements; tone +0.59 (−1 all cautious, +1 all confident); 3 hedged.
Cytek Biosciences: outlook statements against the filing beforeCytek Biosciences: outlook statements against the filing beforeConfident14Cautious1

13F: who owns CTKB and who is buying

Largest holders of CTKB (13F)Largest holders of CTKB (13F)BlackRock$42.4MMillennium Management LLC$41.4MVanguard Group$37.8MBoston Partners$33.9MHhlr Advisors$29.5MTopline Capital Management, LLC$27.8MVanguard Capital Management LLC$21.9MGeode Capital Management, LLC$13.6MDimensional Fund Advisors LP$11.6MState Street$11.4M
Funds' net buying of CTKB by quarter (13F)Funds' net buying of CTKB by quarter (13F)−$13.5M2024-09−$5.0M2024-12$1.5M2025-03$7.3M2025-06$3.0M2025-09$8.0M2025-12$12.2M2026-03−$16.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CTKB

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare CTKB with

中文版:Cytek Biosciences(CTKB)财报

Español · Français