earnings
confidence high
sentiment negative
materiality 0.70
Cytek Biosciences Q2 2026 revenue $48.1M (+6% YoY); net loss widens to $12.2M from $5.6M
Cytek Biosciences, Inc.
- Total revenue $48.1M, up 6% YoY; GAAP gross margin improved to 59% from 52%.
- Net loss $12.2M vs $5.6M loss YoY; adjusted EBITDA loss $1.5M vs positive $1.3M.
- Operating expenses rose 15% to $39.7M, driven by litigation, severance, and personnel costs.
- Full-year 2026 revenue guidance raised to $207M-$212M, midpoint up $1M.
- Launched Cytek Borealis 7-laser, 60-color cytometer; installed base reached 3,933 units.