Absci Corp income statement
In fiscal 2025, Absci Corp reported revenue of $2.8m, down 38.2% on the year before, operating income of −$120m (a -4297.0% margin) and net income of −$115m, or −$0.84 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 5 | 5 | 6 | 6 | 5 | 3 | 2 |
| Research and development | 11 | 45 | 59 | 48 | 64 | 81 | 86 |
| Selling, general and administrative | 6 | 29 | 41 | 38 | 36 | 35 | 35 |
| Operating income | −13 | −75 | −107 | −116 | −109 | −120 | −126 |
| Interest expense | 1 | 3 | 1 | 1 | 1 | 0 | 0 |
| Income before tax | −14 | −110 | −105 | −110 | −103 | −115 | −121 |
| Income tax | 0 | −9 | −0 | 0 | 0 | 0 | 0 |
| Net income | −14 | −101 | −105 | −111 | −103 | −115 | −121 |
| Diluted EPS | −$3.19 | −$2.08 | −$1.15 | −$1.20 | −$0.94 | −$0.84 | −$0.80 |
| Diluted shares (average) | 15m | 50m | 91m | 92m | 110m | 137m | 151m |
| EBITDA | −12 | −69 | −94 | −102 | −95 | −109 | −115 |
| 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 | 2 | 1 | 1 | 1 | 0 | 1 | 0 | 0 |
| Research and development | 18 | 18 | 16 | 20 | 19 | 25 | 19 | 23 |
| Selling, general and administrative | 9 | 9 | 9 | 9 | 8 | 9 | 9 | 9 |
| Operating income | −29 | −30 | −28 | −31 | −30 | −31 | −31 | −34 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −27 | −29 | −26 | −30 | −29 | −30 | −30 | −33 |
| Income tax | 0 | 0 | −0 | 0 | 0 | −0 | 0 | 0 |
| Net income | −27 | −29 | −26 | −31 | −29 | −30 | −30 | −33 |
| Diluted EPS | −$0.24 | −$0.26 | −$0.21 | −$0.24 | −$0.20 | −$0.19 | −$0.19 | −$0.21 |
| EBITDA | −26 | −27 | −25 | −28 | −27 | −28 | −28 | −31 |
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