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MaxCyte Inc
NASDAQ:MXCT

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MaxCyte Inc
NASDAQ:MXCT
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Price: 1.29 USD 0.78%
Market Cap: 137.6m USD

MaxCyte Inc
Investor Relations

MaxCyte, Inc. engages in the development and licensing of cell-engineering technologies to pharmaceutical and biotechnology companies. The company is headquartered in Gaithersburg, Maryland. The company went IPO on 2016-03-29. The firm is focused on providing enabling platform technologies to advance cell-based research and development, as well as next-generation cell therapeutic discovery, development and commercialization. The firm has developed and commercialized its Flow Electroporation platform, which facilitates complex engineering of a variety of cells. Its ExPERT platform is based on its Flow Electroporation technology, which has been designed to address the cell therapy market and can be utilized across the continuum of the high-growth cell therapy sector, from discovery and development through commercialization of next-generation, cell-based medicines. Its ExPERT platform consists of three instruments, which are known as the ATx, STx and GTx. The firm has also developed CARMA, a therapeutic platform based on transfecting mRNA into unstimulated cells for the development of immune cell therapies.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 12, 2025
AI Summary
Q3 2025

Revenue: Q3 revenue was $6.8 million, in line with expectations but down from last year, with fourth quarter expected to be stronger due to timing of orders.

Guidance: Full-year 2025 core revenue guidance of flat to down 10% was reiterated; SPL program-related revenue still expected to be about $5 million for 2025.

Restructuring: MaxCyte undertook a 34% workforce reduction and other cost cuts, targeting $17–19 million in annualized savings to improve profitability and flexibility.

SPL Pipeline: Four new strategic platform licenses (SPLs) were signed YTD, meeting guidance, and the funnel for future SPLs remains strong.

Cash Position: The company ended Q3 with $158 million in cash and equivalents and expects to finish 2025 with $152–155 million.

Product Launches: A new product extension is in beta testing; commercial launch is planned for 2026 to drive future growth.

Market Environment: Management sees signs of stabilization in customer demand and funding but remains cautious about recovery pace.

Key Financials
Total Revenue
$6.8 million
Core Revenue
$6.4 million
SPL Program-Related Revenue
$0.4 million
Instrument Revenue
$1.4 million
License Revenue
$1.8 million
Processing Assembly Revenue
$2.6 million
Gross Margin
77%
Non-GAAP Adjusted Gross Margin
81%
Operating Expenses
$19.4 million
Restructuring Charges
$3.1 million
Cash, Equivalents & Investments
$158 million
Annualized Cost Savings
$17–19 million
Headcount
89 employees
SeQure DX Assay Service Revenue
$248,000
Earnings Call Recording
Other Earnings Calls

Management

Mr. Maher Masoud
President, CEO & Executive Director
No Bio Available
Mr. Douglas Arthur Doerfler
Founder
No Bio Available
Mr. Douglas J. Swirsky CFA, CPA
Chief Financial Officer
No Bio Available
Mr. Jay Gelfman
Senior Vice President of Operations
No Bio Available
Mr. Ronald Evan Holtz CPA, Ph.D.
Executive Vice President of Administration
No Bio Available
Mr. David Sandoval
Senior Vice President, General Counsel & Corporate Secretary
No Bio Available
Mr. Thomas Michael Ross
Executive Vice President of Global Sales
No Bio Available
Mr. Jack Horgan
Vice President of Corporate Development
No Bio Available
Ms. Jill Mayer
Senior Vice President of Human Resources
No Bio Available
Dr. J. Stark Thompson Ph.D.
Consultant
No Bio Available

Contacts

Address
MARYLAND
Gaithersburg
22 Firstfield Road, Suite 250
Contacts
+13015175556.0
www.maxcyte.com