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AbCellera Biologics Inc. ABCL Variable lease payments

Variable lease payments at other companies

The RMR Group logo
The RMR GroupRMR
$319.25K+10.3%
Trustmark logo
TrustmarkTRMK
$1.02M+3.6%
AbCellera Biologics Inc. logo
AbCellera Biologics Inc.ABCL
$125K-28.6%
Iron Mountain logo
Iron MountainIRM
$56.9M+45.5%
The RMR Group logo
The RMR GroupRMR
$319.25K+10.3%
Trustmark logo
TrustmarkTRMK
$1.02M+3.6%

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:VariableLeasePayment.

The source filing: AbCellera Biologics Inc.’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:38 PM EST
Fiscal year
FY2025
Accession
0001703057-26-000012

The Company incurred total operating lease expenses, including fixed lease payments, of $9.5 million, $9.1 million and $11.3 million, and variable lease payments of $1.1 million, $0.7 million and $0.5 million during the years ended December 31, 2023, 2024 and 2025, respectively, and are included within operating expenses.

Item 16. Form 10-K Summary

FAQ

What is AbCellera Biologics Inc.'s variable lease payments?
AbCellera Biologics Inc. (ABCL) reported variable lease payments of $125K in Q4 2025.
How has AbCellera Biologics Inc.'s variable lease payments changed year-over-year?
AbCellera Biologics Inc.'s variable lease payments decreased by 28.6% year-over-year, from $175K to $125K.
What is the long-term trend for AbCellera Biologics Inc.'s variable lease payments?
Over 2 years (2023 to 2025), AbCellera Biologics Inc.'s variable lease payments has grown at a -32.6% compound annual growth rate (CAGR), from $1.1M to $500K.
What does variable lease payments mean?
Variable lease payments as reported by AbCellera Biologics Inc. Common Shares.

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