Cryoport, Inc. (CYRX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CYRX Revenue Growth
Revenue Breakdown (FY 2025)
CYRX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CYRX Revenue Analysis (2014–2025)
As of May 8, 2026, Cryoport, Inc. (CYRX) generated trailing twelve-month (TTM) revenue of $182.9 million, reflecting strong growth of +16.5% year-over-year. The most recent quarter (Q1 2026) recorded $47.8 million in revenue, up 5.2% sequentially.
Looking at the longer-term picture, CYRX's 5-year compound annual growth rate (CAGR) stands at +17.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $237.3 million in 2023.
Revenue diversification analysis shows CYRX's business is primarily driven by Service (55%), and Product (45%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including LQDA (+343.4% YoY), FWRD (-3.2% YoY), and XPOF (-6.1% YoY), CYRX has underperformed the peer group in terms of revenue growth. Compare CYRX vs LQDA →
CYRX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CYRXCurrent | $183M | +16.5% | +17.5% | -20.9% | |
 LQDA | $14M | +343.4% | +11.6% | -866.6% | |
 FWRD | $2.5B | -3.2% | +14.5% | 1.5% | |
 XPOF | $315M | -6.1% | +24.2% | 25.3% | |
 IART | $1.6B | +1.2% | +3.6% | 4.2% | |
 UPS | $88.6B | -2.7% | +1.0% | 9.6% |
CYRX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $176.2M | -24.5% | $83.1M | 47.1% | $-36,806,000 | -20.9% |
| 2024 | $233.3M | -1.7% | $99.3M | 42.6% | $-115,157,000 | -49.4% |
| 2023 | $237.3M | +6.6% | $103.9M | 43.8% | $-31,904,000 | -13.4% |
| 2022 | $222.6M | +0.0% | $96.6M | 43.4% | $-17,829,000 | -8.0% |
| 2021 | $222.6M | +182.9% | $96.6M | 43.4% | $-17,829,000 | -8.0% |
| 2020 | $78.7M | +131.9% | $36.3M | 46.2% | $-30,010,000 | -38.1% |
| 2019 | $33.9M | +72.9% | $17.4M | 51.1% | $-17,675,000 | -52.1% |
| 2018 | $19.6M | +64.2% | $10.2M | 52.2% | $-8,644,615 | -44.0% |
| 2017 | $12.0M | +55.7% | $6.0M | 49.9% | $-7,892,502 | -66.0% |
| 2016 | $7.7M | +30.5% | $3.1M | 40.4% | $-8,766,109 | -114.2% |
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Start ComparisonCYRX — Frequently Asked Questions
Quick answers to the most common questions about buying CYRX stock.
Is CYRX's revenue growth accelerating or slowing?
CYRX revenue is accelerating at +16.5% year-over-year, exceeding the 5-year CAGR of +17.5%. TTM revenue reached $183M. Growth momentum has increased versus prior periods.
What is CYRX's long-term revenue growth rate?
Cryoport, Inc.'s 5-year revenue CAGR of +17.5% reflects the sustained expansion pattern. Current YoY growth of +16.5% is above this long-term average.
How is CYRX's revenue distributed by segment?
CYRX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.