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AbCellera Biologics Inc. ABCL Noncurrent unearned government incentives

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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$1.81B+47.0%
Enterprise value$1.8B+43.4%
P/S27.3×-10.1×

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:GovernmentAssistanceLiabilityNoncurrent.

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 itemDecember 31, 2025June 30, 2026
Long-term liabilities:
Operating lease liability137,403129,948
Deferred revenue3,50040,450
Deferred government contributions174,453178,254
Other long-term liabilities10,3839,714
Total long-term liabilities325,739358,366
Total liabilities390,046411,555
Commitments and contingencies

Item 1. Financial Statements (Unaudited)

FAQ

What is AbCellera Biologics Inc.'s noncurrent unearned government incentives?
AbCellera Biologics Inc. (ABCL) reported noncurrent unearned government incentives of $178.25M in Q2 2026.
How has AbCellera Biologics Inc.'s noncurrent unearned government incentives changed year-over-year?
AbCellera Biologics Inc.'s noncurrent unearned government incentives increased by 6.4% year-over-year, from $167.53M to $178.25M.
What is the long-term trend for AbCellera Biologics Inc.'s noncurrent unearned government incentives?
Over 2 years (2023 to 2025), AbCellera Biologics Inc.'s noncurrent unearned government incentives has grown at a 34.9% compound annual growth rate (CAGR), from $95.92M to $174.45M.
What does noncurrent unearned government incentives mean?
Noncurrent unearned government incentives as reported by AbCellera Biologics Inc. Common Shares.

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