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AbCellera Biologics Inc. ABCL Research fees — Total Revenue

Other product segments

Licensing and royalty revenue
$149K

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Other financials

Income statement

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Revenue$4.1M-76.3%
Operating income-$62.8M-26.6%
Net income-$55.4M-59.6%
EPS (diluted)-$0.18-50.0%

Balance sheet

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Cash & equivalents$145.1M+23.5%
Total debt$135.6M-4.5%
Total equity$896.0M-11.0%
Total assets$1.3B-6.7%

Cash flow

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Operating cash flow-$33.5M-190%
CapEx$2.1M-84.0%
Free cash flow-$37.4M-68.3%

Valuation

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Market cap$2.12B+57.4%
Enterprise value$2.11B+53.8%
P/S32×-8.9×

Profitability

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Operating margin-340.3%-127pp
Net margin-248.8%-83.6pp
FCF margin-238.9%-90.9pp

Returns & leverage

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Return on equity-17.3%+2.1pp
Debt / equity0.2×0.0×
Current ratio12.8×+1.7×

Where this comes from

Reported directly by AbCellera Biologics Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: AbCellera Biologics Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:28 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001703057-26-000046
Line itemThree months ended June 30, 2025Three months ended June 30, 2026Six months ended June 30, 2025Six months ended June 30, 2026
Revenue:
Research fees$6,639$3,901$10,707$12,021
Licensing and royalty revenue10,44514910,613341
Total revenue17,0844,05021,32012,362
Operating expenses:
Research and development(1)39,21345,98781,71192,649
Sales, general, and administrative(1)21,98613,85041,05426,185
Depreciation and amortization5,4706,99010,80113,828

Item 1. Financial Statements (Unaudited)

FAQ

What is AbCellera Biologics Inc.'s research fees — total revenue?
AbCellera Biologics Inc. (ABCL) reported research fees — total revenue of $3.9M in Q2 2026.
How has AbCellera Biologics Inc.'s research fees — total revenue changed year-over-year?
AbCellera Biologics Inc.'s research fees — total revenue decreased by 41.2% year-over-year, from $6.64M to $3.9M.
What is the long-term trend for AbCellera Biologics Inc.'s research fees — total revenue?
Over 4 years (2021 to 2025), AbCellera Biologics Inc.'s research fees — total revenue has grown at a 9.3% compound annual growth rate (CAGR), from $19.08M to $27.21M.
What does research fees — total revenue mean?
This metric represents the total revenue generated from research and development service fees charged to partners for antibody discovery projects. It reflects the company's ability to monetize its proprietary technology platform through upfront payments and service-based engagements before clinical milestones are reached. Tracking this revenue stream provides insight into the demand for the company's early-stage discovery services and the health of its collaborative pipeline.

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