Cryoport, Inc.
CYRX · Pharmaceutical Preparations · 50.4M shares · +8%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$10M (gross $10M, SBC $20M)
Reference price $14.47 · est. market cap ~$729M — last insider sale, 2026-06-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C56Cold-chain logistics for cell/gene therapy — operating losses but net-positive on a one-off; growing.
Strengths
- Growth, strong asset returns — revenue +12%, ROA 10% (92nd)
- Adequate liquidity — current ratio 2.2 (28th)
Risks
- Operating loss; net margin 44% is one-off-driven — operating margin -21%
- Cash burn — FCF -$25M
- Cell/gene-therapy-market dependence — per 10-K
Notable findings
- Cash burnNegative free cash flow (-25.0M)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +8%/yr over 3y (dilution, book value/share -28%)
- Strong balance sheetStrong balance sheet — $411M cash & investments, ~66 quarters of runway
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
- Insider sellingInsider selling — 12 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$4M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
47.1%
Operating margin
-20.9%
Net margin
44.4%
Return on equity
15.6%
Return on assets
10.2%
Revenue growth (QoQ)
5.2%
Current ratio
2.2×
Free cash flow
-$25M
EBITDA
-$9M
Tangible book value
$342M
Cash & investments
$411M
Cash runway
66q
Stock comp / revenue
5.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | ZECCHINI EDWARD J | Option exercise | 34K | $4.80 |
| 2026-06-11 | ZECCHINI EDWARD J | Sell | 34K | $14.47 |
| 2026-06-10 | ZECCHINI EDWARD J | Sell | 1.4K | $15.23 |
| 2026-06-10 | ZECCHINI EDWARD J | Option exercise | 1.4K | $4.80 |
| 2026-06-08 | Mandalam Ramkumar | Sell | 23K | $15.44 |
| 2026-06-05 | HANCOCK DANIEL M | Grant | 10K | — |
| 2026-06-05 | Hariri Robert J | Grant | 10K | — |
| 2026-06-05 | Mandalam Ramkumar | Grant | 10K | — |
| 2026-06-05 | BADDOUR LINDA | Grant | 10K | — |
| 2026-06-04 | STEFANOVICH ROBERT | Sell | 169K | $16.27 |
| 2026-04-21 | SHELTON JERRELL | Option exercise | 104K | $1.87 |
| 2026-04-06 | SHELTON JERRELL | Option exercise | 50K | $1.87 |
| 2026-03-23 | STEFANOVICH ROBERT | Sell | 1.1K | $8.18 |
| 2026-03-23 | SHELTON JERRELL | Sell | 2.9K | $8.18 |
| 2026-03-23 | SHELTON JERRELL | Option exercise | 25K | $1.87 |
| 2026-03-23 | Sawicki Mark W | Sell | 1.3K | $8.18 |
| 2026-03-16 | Sawicki Mark W | Sell | 3.2K | $8.00 |
| 2026-03-16 | ZECCHINI EDWARD J | Sell | 2.0K | $8.00 |
| 2026-03-16 | SHELTON JERRELL | Sell | 7.9K | $8.00 |
| 2026-03-16 | STEFANOVICH ROBERT | Sell | 2.7K | $8.00 |
| 2026-03-14 | Sawicki Mark W | Grant | 23K | — |
| 2026-03-14 | ZECCHINI EDWARD J | Grant | 21K | — |
| 2026-03-14 | STEFANOVICH ROBERT | Grant | 27K | — |
| 2026-03-12 | STEFANOVICH ROBERT | Option exercise | 87K | $1.87 |
| 2026-03-12 | STEFANOVICH ROBERT | Sell | 39K | $7.76 |
| 2025-12-10 | Mandalam Ramkumar | Sell | 12K | $9.99 |
| 2025-09-11 | Hariri Robert J | Option exercise | 50K | $2.66 |
| 2025-09-11 | Hariri Robert J | Sell | 25K | $9.71 |
| 2025-08-22 | Hariri Robert J | Sell | 5.0K | $8.60 |
| 2025-08-19 | STEFANOVICH ROBERT | Sell | 9.3K | $8.67 |
| 2025-08-19 | STEFANOVICH ROBERT | Option exercise | 26K | $3.07 |
| 2025-08-13 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-07-31 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-07-24 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-07-22 | Mandalam Ramkumar | Option exercise | 60K | $3.07 |
| 2025-07-22 | Mandalam Ramkumar | Sell | 41K | $7.24 |
| 2025-07-18 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-07-08 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-06-25 | SHELTON JERRELL | Option exercise | 25K | $5.00 |
| 2025-06-24 | SHELTON JERRELL | Sell | 16K | $7.06 |
| 2025-06-24 | SHELTON JERRELL | Option exercise | 16K | $5.00 |
| 2025-06-24 | Mandalam Ramkumar | Option exercise | 20K | $3.07 |
| 2025-06-24 | Mandalam Ramkumar | Sell | 13K | $7.01 |
| 2025-06-20 | SHELTON JERRELL | Sell | 69K | $6.47 |
| 2025-06-20 | SHELTON JERRELL | Option exercise | 69K | $5.00 |
| 2025-06-18 | SHELTON JERRELL | Sell | 119K | $6.81 |
| 2025-06-18 | SHELTON JERRELL | Option exercise | 119K | $5.00 |
| 2025-06-17 | SHELTON JERRELL | Sell | 151K | $6.81 |
| 2025-06-17 | SHELTON JERRELL | Option exercise | 50K | $5.00 |
| 2025-06-17 | SHELTON JERRELL | Option exercise | 151K | $5.00 |
| 2025-06-13 | Mandalam Ramkumar | Sell | 624 | $6.80 |
| 2025-06-12 | Mandalam Ramkumar | Sell | 1.9K | $7.01 |
| 2025-06-11 | Mandalam Ramkumar | Sell | 8.2K | $7.06 |
| 2025-06-10 | ZECCHINI EDWARD J | Option exercise | 75K | $3.07 |
| 2025-06-10 | ZECCHINI EDWARD J | Sell | 52K | $6.84 |
| 2025-06-09 | Mandalam Ramkumar | Sell | 5.6K | $7.06 |
| 2025-06-06 | Hariri Robert J | Grant | 23K | — |
| 2025-06-06 | HANCOCK DANIEL M | Grant | 23K | — |
| 2025-06-06 | Mandalam Ramkumar | Grant | 23K | — |
| 2025-06-06 | BADDOUR LINDA | Grant | 23K | — |
| 2025-06-04 | SHELTON JERRELL | Option exercise | 50K | $5.00 |
| 2025-06-02 | SHELTON JERRELL | Option exercise | 50K | $5.00 |
| 2025-06-02 | SHELTON JERRELL | Option exercise | 50K | $5.00 |
| 2025-05-28 | Hariri Robert J | Sell | 12K | $6.10 |
| 2025-03-24 | SHELTON JERRELL | Sell | 3.0K | $6.94 |
| 2025-03-24 | Sawicki Mark W | Sell | 1.3K | $6.94 |
| 2025-03-24 | STEFANOVICH ROBERT | Sell | 1.1K | $6.94 |
| 2025-03-17 | SHELTON JERRELL | Sell | 4.6K | $6.29 |
| 2025-03-17 | ZECCHINI EDWARD J | Sell | 1.1K | $6.29 |
| 2025-03-17 | Sawicki Mark W | Sell | 2.1K | $6.29 |
| 2025-03-17 | STEFANOVICH ROBERT | Sell | 1.7K | $6.29 |
| 2025-03-14 | Sawicki Mark W | Grant | 9.0K | — |
| 2025-03-14 | ZECCHINI EDWARD J | Grant | 8.0K | — |
| 2025-03-14 | STEFANOVICH ROBERT | Grant | 10K | — |
| 2025-03-14 | SHELTON JERRELL | Grant | 30K | — |
| 2025-03-10 | Sawicki Mark W | Sell | 1.6K | $4.88 |
| 2025-03-10 | SHELTON JERRELL | Sell | 4.2K | $4.88 |
| 2025-03-10 | STEFANOVICH ROBERT | Sell | 1.3K | $4.88 |
| 2025-03-09 | Sawicki Mark W | Option exercise | 2.7K | — |
| 2025-03-09 | SHELTON JERRELL | Option exercise | 8.2K | — |
| 2025-03-09 | STEFANOVICH ROBERT | Option exercise | 2.7K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (2)
- DHL (DHL Supply Chain International Holding B.V.)
- Tec4med
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-09 | Shareholder voteExhibits | filing ↗ |
| 2026-05-04 | ResultsExhibits | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2025-11-04 | ResultsExhibits | filing ↗ |
| 2025-08-06 | ResultsExhibits | filing ↗ |
| 2025-06-13 | Acquisition/dispositionReg FDExhibits | filing ↗ |
| 2025-06-10 | Shareholder vote | filing ↗ |
| 2025-05-07 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-09 | 2026-06-05 | 0001104659-26-071892 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001104659-26-055513 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001104659-26-054942 ↗ |
| 10-K | 2026-03-05 | 2025-12-31 | 0001104659-26-024180 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001104659-26-022940 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001104659-25-107640 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001104659-25-106421 ↗ |
| 10-Q | 2025-08-12 | 2025-06-30 | 0001558370-25-011127 ↗ |
| 8-K | 2025-08-06 | 2025-08-05 | 0001104659-25-074314 ↗ |
| 8-K | 2025-06-13 | 2025-06-11 | 0001558370-25-008613 ↗ |
| 8-K | 2025-06-10 | 2025-06-06 | 0001104659-25-058019 ↗ |
| 10-Q | 2025-05-08 | 2025-03-31 | 0001558370-25-007012 ↗ |