Cytek Biosciences
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Cytek Biosciences (CTKB) investor relations material

Cytek Biosciences 44th Annual J.P. Morgan Healthcare Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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44th Annual J.P. Morgan Healthcare Conference summary15 Jan, 2026

Company achievements and market position

  • Recognized as a leading cell analysis company, named among the fastest growing by TIME and awarded for innovation and drug discovery solutions in 2025.

  • Shipped over 3,400 instruments to more than 2,000 unique customers in 70+ countries since 2016.

  • 2024 and preliminary 2025 revenue reached $201 million, with $262 million in cash and marketable securities as of September 2025.

  • Revenue distribution: 50% U.S., 26% EMEA, 24% APAC/ROW; 59% from biotech/pharma/distribution, 41% from academia/government.

  • Market opportunity projected to grow from $5.1 billion in 2025 to $9.2 billion by 2032 at 8.8% CAGR.

Business pillars and technology innovation

  • Five business pillars: instruments, applications, bioinformatics, clinical, and services.

  • Continuous investment in instrument performance, intelligence, and data harmonization.

  • Cytek Cloud user base grew 40% in 2025, surpassing 22,600 users and supporting automated panel design.

  • Clinical instruments approved in China and Europe, with improved sensitivity for MRD applications.

  • AI-driven data analysis and harmonization enhance clinical and research applications.

Product portfolio and growth drivers

  • Broad portfolio includes conventional, full spectral, and imaging-based flow cytometry tools.

  • Aurora Evo, launched in 2024, offers high throughput and advanced features, driving replacement cycles.

  • Reagent business expanded post-2021 acquisition of Tonbo; 2024 reagent revenue grew over 20%, and Q3 2025 reagent revenue grew ~21%.

  • Acquired Luminex assets in 2023 to enter imaging space and formed partnerships with Bio-Rad and Luminex.

  • Service and reagent revenue, plus APAC instrument sales, comprise 50% of business and grew double digits in 2024; recurring revenue base continues to expand.

Penetration strategy for low/mid-end market
Clinical strategy for US market growth
Cytek Cloud's competitive advantage
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Frequently asked questions

Cytek Biosciences Inc. is a biotechnology company specializing in cell analysis solutions. The company develops and manufactures flow cytometry instruments, reagents, and software used in biomedical research and clinical diagnostics. Cytek’s technologies enable the study of cell characteristics, functions, and biomarkers, supporting research in immunology, oncology, and other areas of life sciences. The company serves academic institutions, pharmaceutical companies, and clinical laboratories, providing tools for advanced cellular analysis and discovery. The company is headquartered in Fremont, California, and its shares are listed on the NASDAQ.

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