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How Cryoport (CYRX) makes money

Cryoport (CYRX) made $50.2M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Service brought in $28.6M (57%); Product brought in $21.7M (43%).

Drawing the Sankey…

Cryoport revenue by segment, Q3 2026Cryoport revenue by segment, Q3 2026Service$28.6MProduct$21.7M
Cryoport: revenue by line, Q1 2025 to Q3 2026Cryoport: revenue by line, Q1 2025 to Q3 2026ServiceProductService: $28.6M latest$28.6MProduct: $21.7M latest$21.7MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Cryoport revenue by quarterCryoport revenue by quarter$41.0MQ1 2025$45.5MQ2 2025$44.2MQ3 2025$45.5MQ4 2025$47.8MQ1 2026$49.0MQ2 2026$50.2MQ3 2026
Cryoport: where each dollar of revenue goesCryoport: where each dollar of revenue goesIncome tax0¢Operating cash flow10¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Service$28.6M56.9%+2%+18%
  ↳ BioLogistics Solutions$22.5M44.8%+0.7%+16%
  ↳ BioStorage/BioServices$6.0M12.0%+8%+25%
Product$21.7M43.1%+3%+8%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$50.2M100.0%
Income tax$194K0.4%
Operating cash flow$5.2M10.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$50.2M+14%
Q2 2026$49.0M+8%
Q1 2026$47.8M+16%
Q4 2025$45.5M+10%
Q3 2025$44.2M+15%
Q2 2025$45.5M+14%
Q1 2025$41.0M+10%

From Cryoport's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Cryoport make money?

Cryoport (CYRX) made $50.2M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Service brought in $28.6M (57%); Product brought in $21.7M (43%).

What is Cryoport's biggest business?

Service: $28.6M in the third quarter 2026, 57% of revenue, +18% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.