earnings
confidence high
sentiment negative
materiality 0.70
MaxCyte reports preliminary Q3 2025 revenue of $6.8M, down 16% YoY; reiterates FY2025 guidance
MAXCYTE, INC.
2025-Q3 EPS
reported -$0.33
vs consensus -$0.11
▼ miss
(-194.1%)
- Total revenue $6.8M, core revenue $6.4M (-21% YoY); adds three new SPL clients including Moonlight Bio.
- Gross margin 77%; non-GAAP adjusted gross margin 81% (excl. SPL program revenue and inventory reserves).
- Rescheduled Q3 earnings call to Nov 12, 2025 due to impairment testing of goodwill and long-lived assets; no prior quarter impact.
- Cash and investments $158.0M at Sept 30, 2025; expects year-end cash $152-155M reflecting restructuring costs.
- Reiterates FY2025 core revenue guidance: flat to -10% vs 2024; SPL program-related revenue ~$5M.