Cytek Biosciences, Inc.
Business
Cytek Biosciences is a leading cell analysis solutions company that develops compact, high-performance flow cytometry and cell sorting instruments using its proprietary Full Spectrum Profiling (FSP) technology. The company offers the Cytek Aurora, Northern Lights, and Aurora Evo analyzer systems; Aurora CS cell sorter; imaging flow cytometers under the Amnis brand; and entry-level Guava and Muse analyzers, all supported by proprietary software, reagents, and services. Products are distributed globally to pharmaceutical companies, biopharma firms, academic research centers, contract research organizations, and clinical laboratories through direct sales and distributor networks.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue, net | 201 | 200 | 193 | 164 | 128 | |
| Total cost of sales | 97 | 89 | 84 | 63 | 49 | |
| Gross profit | 104 | 111 | 109 | 101 | 79 | |
| Research and development | 36 | 39 | 44 | 35 | 24 | |
| Sales and marketing | 49 | 49 | 49 | 33 | 25 | |
| General and administrative | 59 | 43 | 44 | 35 | 21 | |
| Total operating expenses | 145 | 132 | 137 | 103 | 70 | |
| Loss from operations | −40 | −21 | −28 | −2 | 9 | |
| Interest income (expense), net (Notes 11, 12) | −474,000 | 5 | −2 | −3 | — | |
| Interest income | 2 | 5 | 6 | 5 | 49,000 | |
| Other income, net | 9 | 4 | 8 | 1 | −2 | |
| Total other income, net | 11 | 15 | 12 | 3 | −3 | |
| Loss before income taxes | −30 | −6 | −16 | 1 | 6 | |
| Provision for (benefit from) income taxes | 37 | 320,000 | −4 | −1 | 3 | |
| Net loss | −67 | −6 | −12 | 2 | 3 | |
| Less: net loss allocated to noncontrolling interests | 0 | 0 | 0 | 92,000 | −26,000 | |
| Net loss attributable to common stockholders, basic | −67 | −6 | −12 | 3 | 0 | |
| Net loss attributable to common stockholders, diluted | −67 | −6 | −12 | 3 | 0 | |
| Net loss attributable to common stockholders per share, basic (in dollars per share) | −0.52 | −0.05 | −0.09 | 0.02 | 0 | |
| Net loss attributable to common stockholders per share, diluted (in dollars per share) | −0.52 | −0.05 | −0.09 | 0.02 | 0 | |
| Weighted-average shares used in calculating net loss per share, basic (in shares) | 128 | 131 | 135 | 135 | 77 | |
| Weighted-average shares used in calculating net loss per share, diluted (in shares) | 128 | 131 | 135 | 139 | 82 | |
| Foreign currency translation adjustment, net of tax | 2 | 1 | −549,000 | −2 | 832,000 | |
| Unrealized gain (loss) on marketable securities | 58,000 | 97,000 | −29,000 | 17,000 | 0 | |
| Net comprehensive loss | −64 | −5 | −13 | 890,000 | 4 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 91 | 99 | 167 | 297 | 365 | |
| Restricted cash | 0 | 29,000 | 331,000 | 3 | 0 | |
| Marketable securities | 171 | 179 | 95 | 45 | 0 | |
| Trade accounts receivable, net | 63 | 61 | 56 | 49 | 30 | |
| Inventories | 48 | 44 | 61 | 48 | 32 | |
| Prepaid expenses and other current assets | 20 | 14 | 13 | 13 | 5 | |
| Total current assets | 392 | 396 | 392 | 454 | 432 | |
| Deferred income tax assets, noncurrent | 0 | 33 | 30 | 20 | 9 | |
| Property and equipment, net | 18 | 18 | 18 | 14 | 6 | |
| Operating lease right-of-use assets | 11 | 10 | 11 | 14 | 15 | |
| Goodwill | 17 | 17 | 16 | 10 | 10 | |
| Intangible assets, net | 17 | 20 | 23 | 4 | 5 | |
| Other noncurrent assets | 7 | 5 | 3 | 3 | 2 | |
| Total assets | 462 | 500 | 494 | 519 | 463 | |
| Trade accounts payable | 6 | 6 | 3 | 5 | 3 | |
| Legal settlement liability, current | 2 | 2 | 3 | 2 | 1 | |
| Accrued expenses | 23 | 21 | 20 | 21 | 15 | |
| Other current liabilities | 17 | 13 | 8 | 8 | 6 | |
| Deferred revenue, current | 29 | 25 | 23 | 13 | 7 | |
| Total current liabilities | 78 | 68 | 56 | 49 | 33 | |
| Legal settlement liability, noncurrent | 7 | 9 | 16 | 16 | 14 | |
| Deferred revenue, noncurrent | 18 | 16 | 15 | 13 | 10 | |
| Operating lease liability, noncurrent | 14 | 8 | 9 | 12 | 0 | |
| Long term debt | 525,000 | 1 | 2 | 2 | 0 | |
| Other noncurrent liabilities | 2 | 2 | 2 | 2 | 1 | |
| Total liabilities | 120 | 104 | 101 | 94 | 58 | |
| Commitments and contingencies (Note 18) | — | — | — | — | — | |
| Common stock, $0.001 par value; 1,000,000,000 authorized shares as of December 31, 2025 and December 31, 2024, respectively; 128,550,136 and 129,205,901 issued and outstanding shares as of December 31, 2025 and December 31, 2024, respectively. | 129,000 | 129,000 | 131,000 | 135,000 | 126,000 | |
| Additional paid-in capital | 441 | 431 | 423 | 443 | 424 | |
| Accumulated deficit | −102 | −35 | −29 | −17 | −20 | |
| Accumulated other comprehensive income | 2 | 16,000 | −1 | −697,000 | 897,000 | |
| Total stockholders equity | 342 | 396 | 393 | 426 | 405 | |
| Total liabilities and stockholders equity | 462 | 500 | 494 | 519 | 463 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 8 | 7 | 6 | 2 | 1 | |
| Amortization of operating lease-right-of use assets | 4 | 3 | 3 | 3 | 0 | |
| Provision for (benefit from) credit losses | 413,000 | −64,000 | 269,000 | — | — | |
| Stock-based compensation | 25 | 27 | 22 | 17 | 7 | |
| Loss on disposal of property and equipment | 415,000 | 55,000 | 7,000 | 0 | 0 | |
| Provision for excess and obsolete inventory | 2 | 2 | 1 | 756,000 | 488,000 | |
| Deferred income taxes | 34 | −3 | 0 | 0 | — | |
| Gain on investments, accretion, and amortization, net | −6 | −5 | −7 | — | — | |
| Interest expenses for accretion of the legal settlement liabilities | −328,000 | −7 | 2 | 2 | 2 | |
| Trade accounts receivable | 368,000 | −5 | −7 | −20 | −12 | |
| Inventories | −5 | 15 | 4 | −18 | −7 | |
| Prepaid expenses and other assets | −3 | −3 | −10 | −19 | −6 | |
| Trade accounts payable | 448,000 | 3 | −2 | 2 | −256,000 | |
| Accrued expenses and other liabilities | 4 | −817,000 | 729,000 | 7 | 11 | |
| Legal settlement liabilities | −1 | −1 | −298,000 | 373,000 | −4 | |
| Deferred revenue | 4 | 4 | 7 | 9 | 10 | |
| Lease liabilities | −4 | −3 | −3 | −2 | 0 | |
| Net cash provided by (used in) operating activities | −5 | 25 | 5 | −12 | 5 | |
| Purchases of marketable securities | −278 | −274 | −176 | −44 | 0 | |
| Maturities of marketable securities | 292 | 195 | 132 | 0 | 0 | |
| Purchase of property and equipment | −4 | −4 | −5 | −10 | −4 | |
| Proceeds from sales of property and equipment | 252,000 | 288,000 | 0 | 0 | — | |
| Acquisition of business | 0 | −471,000 | −45 | 0 | −17 | |
| Purchase of intangible assets (patents) | −106,000 | −204,000 | −179,000 | −120,000 | 0 | |
| Payment for additional investment in Cytek Japan, net of cash acquired | 0 | 0 | −236,000 | 0 | 371,000 | |
| Net cash provided by (used in) investing activities | 10 | −83 | −94 | −56 | −21 | |
| Proceeds from line of credit | 6 | 4 | 0 | 0 | — | |
| Payment for repurchase of shares | −15 | −22 | −44 | 0 | 0 | |
| Repayment of loan | −5 | −557,000 | −565,000 | −50,000 | 0 | |
| Proceeds from Employee Stock Purchase Plan | 1 | 2 | 2 | — | — | |
| Payments for taxes related to net share settlement of equity awards | −670,000 | −554,000 | −419,000 | −209,000 | 0 | |
| Proceeds from issuance of common stock under employee stock plans | 325,000 | 1 | 1 | 1 | 642,000 | |
| Net cash used in financing activities | −13 | −16 | −42 | 6 | 214 | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 109,000 | 5 | −1 | −2 | 1 | |
| Net decrease in cash, cash equivalents and restricted cash | −8 | −69 | −132 | −65 | 198 | |
| Cash paid for taxes, net of refunds | 2 | 4 | 5 | 10 | 3 | |
| Fixed asset purchases in accounts payable at period end | 129,000 | 177,000 | 40,000 | 67,000 | 134,000 | |
| Intangible asset in accrued expenses at period end | 26,000 | 0 | 510,000 | 30,000 | 93,000 | |
| Accrued excise taxes for share repurchase | 0 | 0 | 320,000 | 0 | 0 | |
| Derecognition of right-of-use assets | 0 | 205,000 | 0 | 0 | — | |
| Transfer of inventory to property and equipment | 122,000 | 0 | 0 | — | — | |
| Operating Lease Right-of-use assets obtained in exchange for operating lease liabilities | 5 | 3 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Cytek Biosciences, Inc.'s CIK number?
Cytek Biosciences, Inc.'s SEC CIK number is 0001831915 (1831915). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Cytek Biosciences, Inc.'s SEC filings?
All of Cytek Biosciences, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Cytek Biosciences, Inc. last report earnings?
Cytek Biosciences, Inc. (CTKB) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211948). This is Cytek Biosciences, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Cytek Biosciences, Inc.'s most recent earnings 8-K?
Cytek Biosciences, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211948. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Cytek Biosciences, Inc.'s latest earnings 8-K →
Look up any company's CIK number →