Cryoport (CYRX) Financial Statements & Analysis

Cryoport (CYRX) Income Statement

Cryoport reported revenue of $176.18M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 12.4% from $156.77M a year earlier. Net income was $70.30M, a net margin of 39.9%. Gross margin was 47.1% and operating margin -20.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $48.97M, up 7.7% from the same quarter a year earlier.

Cryoport Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cryoport, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	176.18	156.77	168.66	237.28	222.61	222.61	78.70	33.94	11.95
Cost of Revenue	93.12	87.11	93.33	133.40	126.03	126.03	42.36	16.59	5.99
Gross Profit	83.05	69.66	75.33	103.87	96.58	96.58	36.33	17.35	5.97
Operating Expenses
Research & Development	17.04	17.71	18.04	15.72	16.84	16.84	9.48	3.74	1.21
Selling, General & Administrative	97.64	109.81	108.26	120.06	97.56	97.56	56.86	31.29	12.65
Operating Expenses	119.86	127.52	126.30	135.78	114.41	114.41	66.34	35.03	13.86
Operating Income	-36.81	-57.86	-50.97	-31.90	-17.83	-17.83	-30.01	-17.68	-7.89
Other Income/Expense
Interest Income	9.80	9.90	10.58	8.47	3.25	0.00	0.00	0.00	0.00
Interest Expense	2.36	3.98	5.58	-6.14	-4.69	4.69	2.56	1.37	0.02
Other Income/Expense	9.27	-42.51	-27.67	-6.38	-512.03	-256.01	-2.73	-0.60	0.00
Income
Income Before Tax	-32.17	-104.35	-84.21	-35.09	-273.84	-273.84	-32.74	-18.27	-7.89
Income Tax Expense	-1.80	0.36	0.35	-2.24	-1.69	1.69	-0.05	0.06	0.01
Net Income	70.30	-114.76	-99.59	-45.33	-283.72	-275.53	-32.69	-18.33	-7.90
Net Income - Continuous Operations	-33.97	-104.71	-84.56	-37.33	-275.53	-275.53	-32.69	-18.33	-7.90
Net Income - Discontinued Operations	112.27	-10.05	-15.03	-	-	-	-	-	-
EBITDA	-3.92	-69.62	-51.15	-9.14	2.42	-248.91	-20.31	-14.49	-7.21
EBIT	-31.63	-100.37	-78.63	-31.90	-17.83	-19.81	-	-	-
Depreciation & Amortization	27.71	30.76	27.49	22.77	20.25	20.25	9.87	2.42	0.66
Earnings Per Share
Basic EPS	1.00	-2.00	-2.00	-1.00	-6.00	-6.00	-2.00	-1.00	-
Diluted EPS	1.00	-2.00	-2.00	-1.00	-6.00	-6.00	-2.00	-1.00	-
Basic Shares Outstanding	50.07	49.35	48.74	48.99	45.93	45.93	38.58	33.39	22.96
Diluted Shares Outstanding	50.07	49.35	48.74	48.99	45.93	45.93	38.58	33.39	22.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Cryoport Financial Statements

What was Cryoport's revenue in fiscal 2025?

Cryoport reported revenue of $176.18M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 12.4% from $156.77M a year earlier.

Is Cryoport profitable?

Yes. Cryoport earned net income of $70.30M in fiscal 2025, a net margin of 39.9%. In fiscal 2024 it lost $114.76M.

What is Cryoport's operating margin?

Cryoport's operating income was −$36.81M on revenue of $176.18M in fiscal 2025, an operating margin of -20.9%, compared with -36.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition