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Cryoport (CYRX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 5, 2026

Cryoport (CYRX) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +3% from the quarter before. Operating margin was -22.1%, net loss $11.6M (25.6% of revenue).

Revenue$45.5M
Year over year+10%
Quarter over quarter+3%
Operating margin-22.1%
Net earnings−$11.6M

Cryoport, Q4 2025: revenue $45.5M (+10% year over year), operating margin -22.1%, net loss $11.6M, operating cash flow $919K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$45.5M+3%+10%
Operating profit−$10.0M——
Net earnings−$11.6M——
Operating cash flow$919K-58%—

What changed

Revenue was $45.5M in Q4 2025, up 10% year over year and up 3% from the previous quarter. Product was the largest line at 45% of revenue.

Gross margin was 47.8%, up 0.7 points from a year earlier. Operating costs exceeded revenue by $10.0M, an operating margin of -22.1%. Operating expenses fell 2% while revenue rose 10%. The quarter ended with a net loss of $11.6M, wider than the previous quarter's $6.9M loss.

Operating cash flow was $919K. Non-cash charges added back $6.4M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $5.5M exceeded it, leaving free cash flow of −$4.5M.

Questions

What was Cryoport's revenue in the fourth quarter 2025?

Cryoport (CYRX) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +3% from the quarter before.

Was Cryoport profitable in the fourth quarter 2025?

Operating loss was $10.0M (-22.1% of revenue) and net loss $11.6M.

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Source: Cryoport 10-K on SEC EDGAR.