Filing Flows › Cryoport (CYRX) › Q3 2025
Cryoport (CYRX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Cryoport (CYRX) reported revenue of $44.2M for the third quarter 2025 (Q3 2025), +15% from a year earlier and -3% from the quarter before. Operating margin was -22.5%, net loss $6.9M (15.7% of revenue).
Cryoport, Q3 2025: revenue $44.2M (+15% year over year), operating margin -22.5%, net loss $6.9M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.2M | -3% | +15% |
| Operating profit | −$9.9M | — | — |
| Net earnings | −$6.9M | -106% | — |
| Operating cash flow | $2.2M | — | +389% |
What changed
Revenue was $44.2M in Q3 2025, up 15% year over year and down 3% from the previous quarter. Product was the largest line at 45% of revenue. Product added $2.6M year over year (up 15%), 44% of the total change.
Gross margin was 48.2%, up 2.7 points from a year earlier. Operating costs exceeded revenue by $9.9M, an operating margin of -22.5%. Operating expenses grew 1% against revenue growth of 15%. The quarter ended with a net loss of $6.9M, after a profit of $108.9M the previous quarter. Non-operating items added $3.2M, -47% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.2M (up 389% year over year). Non-cash charges added back $6.4M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $190K. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$1.3M.
Questions
What was Cryoport's revenue in the third quarter 2025?
Cryoport (CYRX) reported revenue of $44.2M for the third quarter 2025 (Q3 2025), +15% from a year earlier and -3% from the quarter before.
Was Cryoport profitable in the third quarter 2025?
Operating loss was $9.9M (-22.5% of revenue) and net loss $6.9M.
Source: Cryoport 10-Q on SEC EDGAR.