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Maxcyte vs OmniAb: revenue, profit, margins and growth compared

Maxcyte brought in $33M of revenue in fiscal 2025, OmniAb $18.7M in fiscal 2025. Revenue changed by -14.5% at Maxcyte and -29.3% at OmniAb on the year before, so Maxcyte grew faster. Maxcyte kept -135.1% of its revenue as net profit, OmniAb -347.0%. Free cash flow was -$36.2M at Maxcyte and -$37M at OmniAb.

Side by side, latest fiscal year

MXCTOABI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$33M$18.7M
Revenue growth-14.5%-29.3%
Net income-$44.6M-$64.8M
Net margin-135.1%-347.0%
Free cash flow-$36.2M-$37M
Free cash flow margin-109.5%-198.3%
Earnings per share (diluted)-$0.42-$0.57
Cash$20.1M$25.5M
Debtn/an/a
Price to earningsn/an/a
Market value$120.8M$670.2M
Dividend yieldn/an/a
Rank by revenue in sector#390 of 523 · Health care#413 of 523 · Health care

Over the years

Revenue
MXCT FY2019: $21.6MMXCT FY2021: $26.2MMXCT FY2021: $33.9MMXCT FY2022: $44.3MMXCT FY2023: $41.3MMXCT FY2024: $38.6MMXCT FY2025: $33MOABI FY2021: $34.7MOABI FY2022: $59.1MOABI FY2023: $34.2MOABI FY2024: $26.4MOABI FY2025: $18.7MFY19FY21FY22FY23FY24FY25
MXCT $33MOABI $18.7M
Net income
MXCT FY2019: -$12.9MMXCT FY2021: -$11.8MMXCT FY2021: -$19.1MMXCT FY2022: -$23.6MMXCT FY2023: -$37.9MMXCT FY2024: -$41.1MMXCT FY2025: -$44.6MOABI FY2021: -$27MOABI FY2022: -$22.3MOABI FY2023: -$50.6MOABI FY2024: -$62MOABI FY2025: -$64.8MFY19FY21FY22FY23FY24FY25
MXCT -$44.6MOABI -$64.8M
Net margin
MXCT FY2019: -59.6%MXCT FY2021: -45.2%MXCT FY2021: -56.3%MXCT FY2022: -53.3%MXCT FY2023: -91.8%MXCT FY2024: -106.3%MXCT FY2025: -135.1%OABI FY2021: -77.8%OABI FY2022: -37.8%OABI FY2023: -148.2%OABI FY2024: -235.1%OABI FY2025: -347.0%FY19FY21FY22FY23FY24FY25
MXCT -135.1%OABI -347.0%
Revenue growth
MXCT FY2021: +21.0%MXCT FY2021: +29.5%MXCT FY2022: +30.6%MXCT FY2023: -6.7%MXCT FY2024: -6.4%MXCT FY2025: -14.5%OABI FY2022: +70.0%OABI FY2023: -42.2%OABI FY2024: -22.8%OABI FY2025: -29.3%FY21FY22FY23FY24FY25
MXCT -14.5%OABI -29.3%
Free cash flow
MXCT FY2019: -$10.1MMXCT FY2021: -$10.9MMXCT FY2021: -$14.5MMXCT FY2022: -$33.3MMXCT FY2023: -$25.4MMXCT FY2024: -$29.3MMXCT FY2025: -$36.2MOABI FY2021: -$9.7MOABI FY2022: -$20.8MOABI FY2023: $703KOABI FY2024: -$41.5MOABI FY2025: -$37MFY19FY21FY22FY23FY24FY25
MXCT -$36.2MOABI -$37M

Fiscal years as each company reports them; the two may end in different months.

Questions about Maxcyte and OmniAb

Which is bigger by revenue, Maxcyte or OmniAb?

Maxcyte is bigger by revenue: $33M in fiscal 2025, against $18.7M for OmniAb in fiscal 2025.

Which keeps more of its revenue as profit, Maxcyte or OmniAb?

Maxcyte had a net margin of -135.1% in fiscal 2025; OmniAb had -347.0% in fiscal 2025.

Which grew revenue faster, Maxcyte or OmniAb?

In their latest fiscal years revenue changed by -14.5% at Maxcyte and -29.3% at OmniAb.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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