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MaxCyte expects about 15% H2 core revenue growth

MaxCyte’s revised outlook calls for approximately 15% year-over-year core business revenue growth in the second half of 2026.

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Form Type
8-K

Rhea-AI Filing Summary

MaxCyte (MXCT) reported preliminary, unaudited revenue for the third quarter ended September 30, 2026, and raised full-year 2026 revenue guidance for its core business and SPL Program-related revenue. The updated core-business outlook reflects approximately 15% year-over-year growth in the second half of 2026.

MaxCyte said accelerated instrument purchasing from a large customer drove third-quarter results; it had initially expected that purchasing in the fourth quarter. The company also raised SPL Program-related guidance after recognizing a milestone from one partner, its second milestone achieved in 2026. The preliminary results remain subject to quarter-end closing procedures and review of interim financial statements, and actual results may differ. MaxCyte scheduled its third-quarter earnings call for November 10, 2026.

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Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Core business revenue growth guidance Approximately 15% Year-over-year growth in the second half of 2026
SPL milestones 2 milestones Second milestone achieved in 2026
Pivotal trials 2 trials Under SPL partnerships; potential for approval as early as next year
Earnings conference call November 10, 2026, at 4:30 p.m. Eastern Time Third-quarter 2026 call
preliminary revenue results financial
"The preliminary revenue results disclosed in Exhibit 99.1 are unaudited"
pivotal trials medical
"two pivotal trials that have potential for approval as early as next year"
Pivotal trials are the large, definitive clinical studies designed to show whether a drug or medical device works and is safe enough for regulatory approval. Investors watch them like a final exam for a product: passing typically clears the way to sell the therapy and generate revenue, while failing can delay or block approval and sharply reduce a company's value.
forward-looking statements regulatory
"This press release contains "forward-looking statements""
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Core business revenue growth guidance Approximately 15% Year-over-year growth in the second half of 2026
Guidance

Full-year 2026 revenue guidance was raised for core business revenue and SPL Program-related revenue.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What growth does MaxCyte expect in second-half 2026 core business revenue?

MaxCyte’s updated core-business revenue guidance reflects approximately 15% year-over-year growth in the second half of 2026. The company also raised full-year 2026 guidance for core business and SPL Program-related revenue.

What did MaxCyte say about its SPL partnerships?

MaxCyte said it was supporting more late-stage clinical programs under its SPL partnerships than ever before, including two pivotal trials with potential for approval as early as next year.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001287098 0001287098 2026-10-14 2026-10-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 14, 2026

 

 

 

MaxCyte, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40674   52-2210438
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer
Identification No.)

 

9713 Key West Avenue, Suite 400

Rockville, Maryland 20850

(Address of principal executive offices, including zip code)

 

(301) 944-1700

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $0.01 par value   MXCT   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On October 14, 2026, MaxCyte, Inc. (the “Company”) issued a press release announcing certain preliminary, unaudited revenue results for the three months ended September 30, 2026, and increasing its full-year 2026 revenue guidance. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The preliminary revenue results disclosed in Exhibit 99.1 are unaudited and based on management’s estimates and information available to the Company as of the date of the press release. These results remain subject to completion of the Company’s quarter-end closing procedures and review of its interim financial statements. The Company’s independent registered public accounting firm has not audited or reviewed, or performed any procedures with respect to, the preliminary revenue results. Actual results may differ from these preliminary estimates.

 

The information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section. The information contained herein and in the accompanying exhibit is not incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any filings, except as expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
Number
  Exhibit Description
     
99.1   Press Release, dated October 14, 2026
104   Cover Page Interactive Data (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MaxCyte, Inc.
   
Dated: October 14, 2026 By: /s/ Parmett Ahuja
    Parmeet Ahuja
    Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

 

MaxCyte Reports Preliminary Third Quarter 2026 Revenue and Raises Full Year 2026 Revenue Guidance

 

MaxCyte will host its third quarter 2026 earnings conference call on November 10, 2026

 

ROCKVILLE, MD, October 14, 2026 — MaxCyte, Inc., (NASDAQ: MXCT), a leading cell-engineering company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics, today announced preliminary revenue for the third quarter ended September 30, 2026 and raised its 2026 revenue guidance.

 

Preliminary Third Quarter Revenue

 

·Core business revenue of approximately $8.1 million in the third quarter of 2026, an increase of 26% compared to the third quarter of 2025.

 

·Strategic Platform License (SPL) Program-related revenue of more than $1.0 million, including milestone revenue of $1.0 million received in the third quarter of 2026. MaxCyte will report royalty revenue with its full financial results on November 10, 2026.

 

MaxCyte’s third quarter results are preliminary, unaudited and subject to change in connection with the completion of MaxCyte’s quarterly closing process and review procedures.  As a result, these preliminary results may differ from the actual results that will be reflected in MaxCyte’s consolidated financial statements for the quarter ended September 30, 2026.

 

Full Year 2026 Guidance

 

MaxCyte raises 2026 revenue guidance for core business revenue and SPL Program-related revenue:

 

·Full year revenue expected to be approximately $34 million, compared to prior guidance of $30 million to $32 million, consisting of:

 

oCore business revenue of approximately $28 million, compared to prior guidance of $25 million to $27 million.

 

oSPL Program-related revenue of approximately $6 million for the year, compared to prior guidance of approximately $5 million; SPL Program-related revenue guidance includes both revenue of approximately $4 million from milestone payments and approximately $2 million from commercial royalties.

 

“Preliminary third quarter and total second half revenue is ahead of our expectations, and we updated our core business revenue guidance to reflect approximately 15% year-over-year growth in the second half of 2026,” said Maher Masoud, President and CEO of MaxCyte. We entered into 2026 with the goal of getting back to growth in the second half and we are very encouraged by our return to double-digit growth, with meaningful outperformance in the third quarter driven by accelerated instrument purchasing from a large customer, which we originally anticipated to occur in the fourth quarter. In addition, we raised our SPL Program-related revenue guidance after recognizing a milestone from one of our SPL partners, our second milestone achieved in 2026. We are now supporting more late-stage clinical programs under our SPL partnerships than ever before with two pivotal trials that have potential for approval as early as next year. Overall, we remain focused on executing on our strategic priorities, strengthening our position as a leading enabling technology partner in cell and gene therapy, and building a foundation for sustainable long-term growth.”

 

 

 

 

Third Quarter Webcast and Conference Call Details

 

MaxCyte will host its third quarter 2026 earnings conference call on November 10, 2026, at 4:30 p.m. Eastern Time. Investors interested in listening to the conference call are required to register online. A live and archived webcast of the event will be available on the “Events” section of the MaxCyte website at https://investors.maxcyte.com/.

 

About MaxCyte

 

At MaxCyte®, we are committed to building better cells together. As a leading cell-engineering company, we are driving the discovery, development and commercialization of next-generation cell therapies. Our best-in-class Flow Electroporation® technology and SeQure™ gene editing risk assessment services enable high-performance cell engineering and rigorous evaluation of editing outcomes, supporting confidence in therapeutic development. Supported by expert scientific, technical and regulatory guidance, our platform empowers researchers to engineer diverse cell types and payloads, accelerating the development of safe and effective treatments for human health. For more than 25 years, we've been advancing cell engineering, shaping the future of medicine. 

 

Learn more at maxcyte.com and follow us on LinkedIn and Bluesky.

 

Forward-Looking Statements

 

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements about us and our industry involve substantial known and unknown risks, uncertainties, and assumptions, including those described in Item 1A under the heading "Risk Factors" and elsewhere in our report on Form 10-K, that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations or financial condition, business strategy and plans, customer expectations and objectives of management for future operations, are forward-looking statements. Forward-looking statements include, but are not limited to, statements about possible or future results of operations or financial position. In some cases, you can identify forward-looking statements because they contain words such as "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "seek," "predict," "future," "project," "potential," "continue," "contemplate," "target," the negative of these words and similar words or expressions. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements. The forward-looking statements contained in this press release, include, without limitation, our full year 2026 revenue, our expectations regarding core business revenue growth in the second half of 2026, statements concerning the following: our expected future growth and success of our business model; the size and growth potential of the markets for our products, and our ability to serve those markets, increase our market share, and achieve and maintain industry leadership; our ability to expand our customer base and enter into additional SPL partnerships; expectations regarding customer-level activities (including the expected advancement of our SPL partners' clinical programs, including Phase 3 trial initiations); the timing and amount of any share repurchases under our share repurchase program; our financial performance and capital requirements; the adequacy of our cash resources and availability of financing on commercially reasonable terms; our expectations regarding general market and economic conditions that may impact investor confidence in the biopharmaceutical industry and affect the amount of capital such investors provide to our current and potential partners; and our use of available capital resources.

 

 

 

 

These and other risks and uncertainties are described in greater detail in Item 1A , entitled "Risk Factors," in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission, as well as in discussions of potential risks, uncertainties, and other important factors in the other filings that we make with the Securities and Exchange Commission from time to time. These documents are available through the Investor Menu, Financials section, under "SEC Filings" on the Investors page of our website at http://investors.maxcyte.com. Any forward-looking statements in this press release are based on our current beliefs and opinions on the relevant subject based on information available to us as of the date of such press release, and you should not rely on forward-looking statements as predictions of future events. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

 

MaxCyte Contacts:

 

Investor Relations

Gilmartin Group

Erik Abdow

ir@maxcyte.com

 

Media Contact

Oak Street Communications

Kristen White

kristen@oakstreetcommunications.com

415.608.6060

 

 

 

Filing Exhibits & Attachments

4 documents

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