vs

Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) and MFA FINANCIAL, INC. (MFA). Click either name above to swap in a different company.

Cytek Biosciences, Inc. is the larger business by last-quarter revenue ($62.1M vs $55.5M, roughly 1.1× MFA FINANCIAL, INC.). On growth, MFA FINANCIAL, INC. posted the faster year-over-year revenue change (9.2% vs 8.1%). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs 7.7%).

Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.

MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.

CTKB vs MFA — Head-to-Head

Bigger by revenue
CTKB
CTKB
1.1× larger
CTKB
$62.1M
$55.5M
MFA
Growing faster (revenue YoY)
MFA
MFA
+1.1% gap
MFA
9.2%
8.1%
CTKB
Faster 2-yr revenue CAGR
CTKB
CTKB
Annualised
CTKB
17.7%
7.7%
MFA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTKB
CTKB
MFA
MFA
Revenue
$62.1M
$55.5M
Net Profit
$-44.1M
Gross Margin
52.9%
Operating Margin
-9.0%
97.9%
Net Margin
-70.9%
Revenue YoY
8.1%
9.2%
Net Profit YoY
-557.1%
EPS (diluted)
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTKB
CTKB
MFA
MFA
Q4 25
$62.1M
$55.5M
Q3 25
$52.3M
$56.8M
Q2 25
$45.6M
$61.3M
Q1 25
$41.5M
$57.5M
Q4 24
$57.5M
$50.8M
Q3 24
$51.5M
$50.6M
Q2 24
$46.6M
$53.5M
Q1 24
$44.9M
$47.8M
Net Profit
CTKB
CTKB
MFA
MFA
Q4 25
$-44.1M
Q3 25
$-5.5M
$48.1M
Q2 25
$-5.6M
$33.2M
Q1 25
$-11.4M
$41.2M
Q4 24
$9.6M
Q3 24
$941.0K
$48.2M
Q2 24
$-10.4M
$41.9M
Q1 24
$-6.2M
$23.2M
Gross Margin
CTKB
CTKB
MFA
MFA
Q4 25
52.9%
Q3 25
52.7%
Q2 25
52.3%
Q1 25
48.6%
Q4 24
58.5%
Q3 24
56.3%
Q2 24
54.6%
Q1 24
51.3%
Operating Margin
CTKB
CTKB
MFA
MFA
Q4 25
-9.0%
97.9%
Q3 25
-17.6%
84.5%
Q2 25
-23.3%
54.5%
Q1 25
-36.1%
70.0%
Q4 24
5.2%
6.8%
Q3 24
-8.2%
98.2%
Q2 24
-18.3%
79.1%
Q1 24
-23.9%
50.7%
Net Margin
CTKB
CTKB
MFA
MFA
Q4 25
-70.9%
Q3 25
-10.5%
84.7%
Q2 25
-12.2%
54.2%
Q1 25
-27.5%
71.6%
Q4 24
16.8%
Q3 24
1.8%
95.2%
Q2 24
-22.4%
78.4%
Q1 24
-13.8%
48.5%
EPS (diluted)
CTKB
CTKB
MFA
MFA
Q4 25
$0.43
Q3 25
$0.35
Q2 25
$0.21
Q1 25
$0.31
Q4 24
$-0.01
Q3 24
$0.37
Q2 24
$0.32
Q1 24
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTKB
CTKB
MFA
MFA
Cash + ST InvestmentsLiquidity on hand
$90.9M
$213.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$341.7M
$1.8B
Total Assets
$461.5M
$13.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTKB
CTKB
MFA
MFA
Q4 25
$90.9M
$213.2M
Q3 25
$93.3M
$305.2M
Q2 25
$75.5M
$275.7M
Q1 25
$95.3M
$253.7M
Q4 24
$98.7M
$338.9M
Q3 24
$162.3M
$305.6M
Q2 24
$177.9M
$289.4M
Q1 24
$168.8M
$306.3M
Stockholders' Equity
CTKB
CTKB
MFA
MFA
Q4 25
$341.7M
$1.8B
Q3 25
$378.6M
$1.8B
Q2 25
$377.6M
$1.8B
Q1 25
$379.6M
$1.8B
Q4 24
$395.7M
$1.8B
Q3 24
$385.5M
$1.9B
Q2 24
$389.1M
$1.9B
Q1 24
$392.6M
$1.9B
Total Assets
CTKB
CTKB
MFA
MFA
Q4 25
$461.5M
$13.0B
Q3 25
$494.9M
$12.1B
Q2 25
$493.3M
$11.7B
Q1 25
$482.6M
$11.5B
Q4 24
$499.5M
$11.4B
Q3 24
$491.2M
$11.2B
Q2 24
$483.7M
$11.1B
Q1 24
$492.1M
$10.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTKB
CTKB
MFA
MFA
Operating Cash FlowLast quarter
$-771.0K
$76.2M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-2.9%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTKB
CTKB
MFA
MFA
Q4 25
$-771.0K
$76.2M
Q3 25
$-3.9M
$14.7M
Q2 25
$108.0K
$38.5M
Q1 25
$-125.0K
$-14.6M
Q4 24
$2.0M
$200.1M
Q3 24
$13.2M
$-11.3M
Q2 24
$6.2M
$46.5M
Q1 24
$4.0M
$53.5M
Free Cash Flow
CTKB
CTKB
MFA
MFA
Q4 25
$-1.8M
Q3 25
$-4.6M
Q2 25
$-1.5M
Q1 25
$-974.0K
Q4 24
$1.1M
Q3 24
$12.2M
Q2 24
$5.2M
Q1 24
$3.4M
FCF Margin
CTKB
CTKB
MFA
MFA
Q4 25
-2.9%
Q3 25
-8.7%
Q2 25
-3.2%
Q1 25
-2.3%
Q4 24
1.9%
Q3 24
23.7%
Q2 24
11.0%
Q1 24
7.6%
Capex Intensity
CTKB
CTKB
MFA
MFA
Q4 25
1.6%
Q3 25
1.3%
Q2 25
3.5%
Q1 25
2.0%
Q4 24
1.6%
Q3 24
2.0%
Q2 24
2.3%
Q1 24
1.3%
Cash Conversion
CTKB
CTKB
MFA
MFA
Q4 25
Q3 25
0.31×
Q2 25
1.16×
Q1 25
-0.35×
Q4 24
0.21×
Q3 24
14.05×
-0.23×
Q2 24
1.11×
Q1 24
2.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTKB
CTKB

Products$46.6M75%
Services$15.5M25%

MFA
MFA

Segment breakdown not available.

Related Comparisons