Cryoport, Inc. (CYRX) Income Statement
CYRX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCYRX revenue and net income
Where CYRX's revenue goes
2025Each bar shows an amount and its share of revenue. CYRX kept 44.4% of revenue as net income.
CYRX profit margins
CYRX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −24.5% | −7.5% | +17.5% | +40.5% |
| Gross profit | −16.4% | −4.9% | +18.0% | +46.0% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CYRX quarterly EPS vs estimates
Cryoport beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 3, 2026 (estimate $-0.19).
CYRX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $176.2M | $233.3M | $237.3M | $222.6M | $222.6M | $78.7M | $33.9M | $19.6M | $12.0M | $7.7M |
| Cost of revenue | $93.1M | $133.9M | $133.4M | $126.0M | $126.0M | $42.4M | $16.6M | $9.4M | $6.0M | $4.6M |
| Gross profit | $83.1M | $99.3M | $103.9M | $96.6M | $96.6M | $36.3M | $17.4M | $10.2M | $6.0M | $3.1M |
| Research & development | $17.0M | $18.0M | $15.7M | $16.8M | $16.8M | $9.5M | $3.7M | $1.8M | $1.2M | $598,106 |
| Sales, general & admin | $102.8M | $149.0M | $140.7M | $120.1M | $97.6M | $56.9M | $31.3M | $17.0M | $12.7M | $11.3M |
| Total operating expenses | $119.9M | $214.5M | $135.8M | $114.4M | $114.4M | $66.3M | $35.0M | $18.9M | $13.9M | $11.9M |
| Operating income | −$36.8M | −$115.2M | −$31.9M | −$17.8M | −$17.8M | −$30.0M | −$17.7M | −$8.6M | −$7.9M | −$8.8M |
| Interest income | — | — | — | — | — | — | $1.4M | $69,250 | $15,690 | $58,220 |
| Interest expense | $2.4M | $5.5M | $6.1M | $4.7M | $4.7M | $2.6M | $1.4M | $69,253 | $15,693 | $139,416 |
| Income before taxes | −$32.2M | −$99.3M | −$35.1M | −$273.8M | −$273.8M | −$32.7M | −$18.3M | −$9.5M | −$7.9M | −$13.1M |
| Income taxes | $1.8M | $239,000 | $2.2M | $1.7M | $1.7M | −$45,000 | $62,000 | $19,954 | $5,143 | $5,673 |
| Net income | $78.3M | −$99.6M | −$37.3M | −$275.5M | −$275.5M | −$32.7M | −$18.3M | −$9.6M | −$7.9M | −$13.1M |
| EBITDA | −$2.1M | −$63.1M | −$1.5M | −$246.4M | −$248.9M | −$20.3M | −$14.5M | −$8.6M | −$7.2M | −$13.4M |
| EPS (diluted) | −$0.92 | −$1.36 | −$2.18 | −$0.90 | −$0.51 | −$0.66 | −$0.26 | −$0.31 | −$0.35 | −$0.93 |
| Gross margin | 47.1% | 42.6% | 43.8% | 43.4% | 43.4% | 46.2% | 51.1% | 52.2% | 49.9% | 40.4% |
| Operating margin | −20.9% | −49.4% | −13.4% | −8.0% | −8.0% | −38.1% | −52.1% | −44.0% | −66.0% | −114.2% |
| Net margin | 44.4% | −42.7% | −15.7% | −123.8% | −123.8% | −41.5% | −54.0% | −48.7% | −66.1% | −170.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.0M | $47.8M | $45.5M | $44.2M | $45.5M | $41.0M | $59.5M | $56.7M | $39.7M | $37.3M | $57.3M | $56.2M |
| Cost of revenue | $26.1M | $25.9M | $23.7M | $22.9M | $24.1M | $22.4M | $32.3M | $31.3M | $22.0M | $22.2M | $34.0M | $31.9M |
| Gross profit | $22.8M | $21.9M | $21.7M | $21.3M | $21.4M | $18.6M | $27.3M | $25.4M | $17.7M | $15.1M | $23.3M | $24.3M |
| Research & development | $4.9M | $3.9M | $4.5M | $4.5M | $4.1M | $3.9M | $4.2M | $4.2M | $4.6M | $4.8M | $4.7M | $5.2M |
| Sales, general & admin | $28.0M | $27.6M | $27.3M | $26.7M | $26.9M | $24.2M | $37.1M | $37.7M | $36.0M | $38.3M | $38.8M | $36.0M |
| Total operating expenses | $32.9M | $31.5M | $31.7M | $31.3M | $31.0M | $28.1M | $41.2M | $41.8M | $95.7M | $32.6M | $93.1M | $41.2M |
| Operating income | −$10.0M | −$9.6M | −$10.0M | −$9.9M | −$9.6M | −$9.5M | −$13.9M | −$16.4M | −$78.0M | −$17.5M | −$69.9M | −$16.9M |
| Interest expense | $518,000 | $432,000 | $634,000 | $526,000 | $618,000 | $583,000 | $636,000 | $889,000 | $1.2M | $1.3M | $1.3M | $1.4M |
| Income before taxes | −$7.8M | −$9.3M | −$7.4M | −$6.5M | −$11.7M | −$8.8M | −$18.6M | $1.5M | −$76.4M | −$14.9M | −$63.7M | −$12.8M |
| Income taxes | $505,000 | $108,000 | $1.1M | $165,000 | $274,000 | $234,000 | $29,000 | $649,000 | $66,000 | $111,000 | −$1.4M | $471,000 |
| Net income | −$8.3M | −$9.4M | −$11.6M | −$6.9M | $105.2M | −$12.0M | −$18.7M | $805,000 | −$78.0M | −$18.9M | −$62.4M | −$13.3M |
| EBITDA | −$643,000 | −$2.5M | −$406,000 | $410,000 | −$3.8M | −$565,000 | −$10.1M | $10.2M | −$67.6M | −$6.2M | −$55.0M | −$4.5M |
| EPS (diluted) | −$0.20 | −$0.19 | −$0.17 | −$0.13 | −$0.24 | −$0.38 | −$0.43 | −$0.21 | −$0.30 | −$0.42 | −$1.31 | −$0.41 |
| Gross margin | 46.6% | 45.8% | 47.8% | 48.2% | 47.0% | 45.4% | 45.8% | 44.8% | 44.5% | 40.4% | 40.6% | 43.2% |
| Operating margin | −20.5% | −20.1% | −22.1% | −22.5% | −21.2% | −23.1% | −23.4% | −29.0% | −196.5% | −46.9% | −122.0% | −30.1% |
| Net margin | −16.9% | −19.7% | −25.6% | −15.7% | 231.4% | −29.2% | −31.4% | 1.4% | −196.4% | −50.7% | −109.0% | −23.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CYRX's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CYRX financial results
In fiscal year 2025 (ended December 31, 2025), Cryoport reported revenue of $176.2 million, down 24.5% from the year before. It had net income of $78.3 million, a net profit margin of 44.4%. Diluted earnings per share came to −$0.92. Over five years revenue grew at an average rate of 17.5% a year.
See the CYRX stock overview for the latest quote and news, or the CYRX chart for price history and technical indicators.
CYRX income statement FAQ
What is Cryoport's annual revenue?
Cryoport reported total revenue of $176.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 24.5% from $233.3 million the previous year.
Is Cryoport profitable?
Yes. Cryoport reported net income of $78.3 million in fiscal 2025, a net profit margin of 44.4%; its operating margin was −20.9%.
What is Cryoport's gross margin?
Cryoport's gross margin was 47.1% in fiscal 2025: for every $100 of revenue, Cryoport kept $47 after the direct cost of its products and services.
How much does Cryoport spend on research and development?
Cryoport spent $17.0 million on research and development in fiscal 2025, 9.7% of revenue.
How fast is Cryoport growing?
Revenue grew 17.5% a year on average over the last five fiscal years, from $78.7 million to $176.2 million.
What are Cryoport's earnings per share?
Cryoport earned $-0.92 per diluted share in fiscal 2025, compared with $-1.36 a year earlier.
When will Cryoport report its next earnings?
Cryoport is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Cryoport's fiscal year end?
Cryoport's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.