Cryoport (CYRX) Revenue & Revenue Breakdown

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Cryoport Revenue Highlights

Latest Revenue (Y)

$228.38M

Latest Revenue (Q)

$56.66M

Main Segment (Y)

Service

Main Geography (Y)

Americas

Cryoport Revenue by Period

Cryoport Revenue by Year

Date	Revenue	Change
2024-12-31	$228.38M	-2.09%
2023-12-31	$233.25M	-1.70%
2022-12-31	$237.28M	6.59%
2021-12-31	$222.61M	182.87%
2020-12-31	$78.70M	131.86%
2019-12-31	$33.94M	72.94%
2018-12-31	$19.63M	64.18%
2017-12-31	$11.95M	55.68%
2016-12-31	$7.68M	30.54%
2016-03-31	$5.88M	49.47%
2015-03-31	$3.94M	47.95%
2014-03-31	$2.66M	141.69%
2013-03-31	$1.10M	98.07%
2012-03-31	$555.64K	16.85%
2011-03-31	$475.50K	303.12%
2010-03-31	$117.96K	235.83%
2009-03-31	$35.12K	-57.97%
2008-03-31	$83.56K	24.53%
2007-03-31	$67.10K	-55.94%
2006-03-31	$152.30K	-43.89%
2005-03-31	$271.43K	-

Cryoport generated $228.38M in revenue during NA 2023, up -2.09% compared to the previous quarter, and up 672.87% compared to the same period a year ago.

Cryoport Revenue by Quarter

Date	Revenue	Change
2024-09-30	$56.66M	-1.62%
2024-06-30	$57.60M	5.50%
2024-03-31	$54.59M	-4.66%
2023-12-31	$57.26M	1.96%
2023-09-30	$56.16M	-1.52%
2023-06-30	$57.02M	-9.23%
2023-03-31	$62.82M	4.07%
2022-12-31	$60.36M	-0.18%
2022-09-30	$60.46M	-5.75%
2022-06-30	$64.15M	22.66%
2022-03-31	$52.30M	-7.33%
2021-12-31	$56.44M	-0.45%
2021-09-30	$56.69M	0.89%
2021-06-30	$56.19M	5.46%
2021-03-31	$53.28M	10.18%
2020-12-31	$48.36M	332.87%
2020-09-30	$11.17M	18.99%
2020-06-30	$9.39M	-3.94%
2020-03-31	$9.77M	5.76%
2019-12-31	$9.24M	-3.56%
2019-09-30	$9.58M	13.23%
2019-06-30	$8.46M	27.22%
2019-03-31	$6.65M	16.90%
2018-12-31	$5.69M	7.67%
2018-09-30	$5.29M	14.23%
2018-06-30	$4.63M	15.01%
2018-03-31	$4.02M	21.11%
2017-12-31	$3.32M	10.64%
2017-09-30	$3.00M	2.92%
2017-06-30	$2.92M	7.56%
2017-03-31	$2.71M	21.69%
2016-12-31	$2.23M	12.75%
2016-09-30	$1.98M	3.09%
2016-06-30	$1.92M	23.27%
2016-03-31	$1.56M	59.51%
2014-12-31	$975.19K	18.20%
2014-09-30	$825.00K	-11.91%
2014-06-30	$936.59K	12.19%
2014-03-31	$834.83K	10.23%
2013-12-31	$757.33K	30.61%
2013-09-30	$579.83K	18.83%
2013-06-30	$487.96K	32.42%
2013-03-31	$368.49K	19.97%
2012-12-31	$307.15K	31.49%
2012-09-30	$233.60K	22.11%
2012-06-30	$191.30K	8.13%
2012-03-31	$176.92K	22.64%
2011-12-31	$144.25K	30.30%
2011-09-30	$110.71K	-10.54%
2011-06-30	$123.75K	23.67%
2011-03-31	$100.07K	0.50%
2010-12-31	$99.57K	-19.97%
2010-09-30	$124.41K	-17.86%
2010-06-30	$151.46K	101.76%
2010-03-31	$75.07K	262.52%
2009-12-31	$20.71K	144.24%
2009-09-30	$8.48K	-38.13%
2009-06-30	$13.70K	110.46%
2009-03-31	$6.51K	-29.28%
2008-12-31	$9.21K	53.91%
2008-09-30	$5.98K	-55.44%
2008-06-27	$13.42K	-62.61%
2008-03-31	$35.90K	-

Cryoport generated $56.66M in revenue during Q3 2023, up -1.62% compared to the previous quarter, and up 99.37% compared to the same period a year ago.

Cryoport Revenue Breakdown

Cryoport Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Product	$74.72M	$103.40M	$103.54M	$23.40M	-
Service	$153.66M	$133.88M	$119.06M	$55.30M	-
Biopharmaceutical	-	$192.58M	-	-	-
Animal Health	-	$30.38M	-	-	-
Reproductive Medicine	-	$10.29M	-	-	-

Cryoport's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (67.28%), and Product (32.72%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Product	$39.53M	$17.39M	$17.81M	$27.27M	$27.17M	$29.57M	$19.39M	$24.72M	$25.79M	$26.51M	$26.52M	-	-	-	-	-	-	-	-	-
Service	$77.60M	$39.28M	$36.79M	$33.09M	$33.30M	$34.59M	$32.91M	$31.72M	$30.90M	$29.68M	$26.77M	-	-	-	-	-	-	-	-	-
Biopharmaceutical	-	-	-	$94.93M	$46.53M	$51.12M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reproductive Medicine	-	-	-	$4.85M	$2.62M	$2.83M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Animal Health	-	-	-	$13.64M	$7.87M	$8.86M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Global Logistics Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$52.27M	$9.82M	-	-	-	-
Global Bioservices	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.35M	-	-	-	-
Global Biostorage	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.29M	$1.27M	$1.28M	$1.17M

Cryoport's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service (66.25%), and Product (33.75%).

Cryoport Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
EMEA	$59.60M	-	-	-	-
Americas	$126.37M	$127.21M	$128.21M	$120.27M	$49.55M
Asia Pacific	$42.42M	$8.82M	-	-	-
Asia Pacific (APAC)	-	$45.16M	$66.91M	$43.00M	-
Europe, the Middle East and Africa (EMEA)	-	$60.88M	$42.16M	$59.33M	-
E M E A	-	-	-	-	$20.32M

Cryoport's latest annual revenue breakdown by geography, as of Dec 24: Americas (55.33%), EMEA (26.09%), and Asia Pacific (18.57%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Asia Pacific	$31.00M	$11.42M	$12.01M	$11.34M	$8.03M	$413.00K	$223.00K	$157.00K	$117.00K	$176.00K	-	-	-	-	-	-	-	-	-	-
Americas	$65.70M	$30.77M	$29.90M	$62.43M	$31.16M	$33.62M	$31.23M	$34.21M	$34.89M	$27.88M	$33.09M	$30.31M	$29.14M	$27.73M	$25.72M	$8.75M	$7.40M	$7.68M	$7.39M	$7.71M
EMEA	$45.12M	$14.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific (APAC)	-	-	$9.08M	$23.37M	$10.74M	$11.04M	$36.02M	$10.25M	$12.41M	$8.24M	$7.64M	$12.00M	-	-	-	-	-	-	-	-
Europe, the Middle East and Africa (EMEA)	-	-	$15.61M	$27.61M	$15.11M	$18.16M	$-6.89M	$16.00M	$16.85M	$16.19M	$15.70M	$14.38M	-	-	-	-	-	-	-	-
E M E A	-	-	-	-	-	-	-	-	-	-	-	-	$15.04M	$14.21M	$14.61M	$2.01M	$1.76M	$1.93M	$1.74M	$1.70M

Cryoport's latest quarterly revenue breakdown by geography, as of Dec 24: Americas (46.33%), EMEA (31.82%), and Asia Pacific (21.86%).

Cryoport Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NTRA	Natera	$1.70B	$439.76M
IRTC	iRhythm	$591.84M	$147.54M
CDNA	CareDx	$333.79M	$82.88M
CYRX	Cryoport	$228.38M	$56.66M
BLFS	BioLife Solutions	$82.25M	$30.57M

CYRX Revenue FAQ

What is Cryoport’s yearly revenue?

Cryoport's yearly revenue for 2023 was $228.38M, representing a decrease of -2.09% compared to 2022. The company's yearly revenue for 2022 was $233.26M, representing a decrease of -1.70% compared to 2021. CYRX's yearly revenue for 2021 was $237.28M, representing an increase of 6.59% compared to 2020.

What is Cryoport’s quarterly revenue?

Cryoport's quarterly revenue for Q3 2023 was $56.66M, a -1.62% decrease from the previous quarter (Q2 2023), and a 0.90% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $57.6M, a 5.50% increase from the previous quarter (Q1 2023), and a 1.01% increase year-over-year (Q2 2022). CYRX's quarterly revenue for Q1 2023 was $54.59M, a -4.66% decrease from the previous quarter (Q4 2022), and a -13.09% decrease year-over-year (Q1 2022).

What is Cryoport’s revenue growth rate?

Cryoport's revenue growth rate for the last 3 years (2021-2023) was -3.75%, and for the last 5 years (2019-2023) was 190.21%.

What are Cryoport’s revenue streams?

Cryoport's revenue streams in c 24 are Product, and Service. Product generated $74.72M in revenue, accounting 32.72% of the company's total revenue, down -27.73% year-over-year. Service generated $153.66M in revenue, accounting 67.28% of the company's total revenue, up 14.78% year-over-year.

What is Cryoport’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Cryoport was Service. This segment made a revenue of $153.66M, representing 67.28% of the company's total revenue.