Abcellera Biologics Inc. income statement
In fiscal 2025, Abcellera Biologics Inc. reported revenue of $75.1m, up 160.6% on the year before, operating income of −$217m (a -289.0% margin) and net income of −$146m, or −$0.49 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 233 | 375 | 485 | 38 | 29 | 75 | 66 |
| Research and development | 10 | 29 | 62 | 108 | 176 | 167 | 187 | 198 |
| Selling and marketing | 1 | 4 | 7 | 11 | 14 | 13 | — | — |
| General and administrative | 3 | 12 | 42 | 55 | 75 | 85 | 83 | — |
| Operating income | −4 | 156 | 204 | 217 | −237 | −315 | −217 | −225 |
| Income before tax | −2 | 158 | 219 | 239 | −174 | −200 | −178 | −197 |
| Income tax | — | 39 | 66 | 81 | −28 | −38 | −31 | −32 |
| Net income | −2 | 119 | 153 | 159 | −146 | −163 | −146 | −165 |
| Diluted EPS | −$0.01 | $0.45 | $0.48 | $0.50 | −$0.51 | −$0.55 | −$0.49 | −$0.55 |
| Diluted shares (average) | 151m | 263m | 318m | 315m | 289m | 294m | 299m | 302m |
| EBITDA | −3 | 161 | 219 | 244 | −213 | −302 | −199 | −204 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 5 | 4 | 17 | 9 | 45 | 8 | 4 |
| Research and development | 41 | 46 | 42 | 39 | 55 | 50 | 47 | 46 |
| Selling, general and administrative | — | — | 19 | 22 | — | — | 12 | 14 |
| Selling and marketing | 3 | 3 | — | — | 3 | — | — | — |
| General and administrative | 19 | 29 | — | — | 22 | 26 | — | — |
| Operating income | −94 | −73 | −63 | −50 | −76 | −29 | −58 | −63 |
| Income before tax | −63 | −47 | −53 | −36 | −69 | −19 | −50 | −59 |
| Income tax | −12 | −13 | −7 | −2 | −12 | −11 | −6 | −4 |
| Net income | −51 | −34 | −46 | −35 | −57 | −9 | −43 | −55 |
| Diluted EPS | −$0.17 | −$0.11 | −$0.15 | −$0.12 | −$0.19 | −$0.03 | −$0.14 | −$0.18 |
| EBITDA | −57 | −139 | −57 | −44 | −71 | −26 | −51 | −56 |
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