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Absci Corporation ABSI Drug creation program and platform — R&D

Other product segments

External preclinical and clinical development
$6.85M+27.6%

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Other financials

Income statement

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Revenue$318.0K-46.4%
Operating income-$34.2M-8.8%
Net income-$33.2M-8.6%
EPS (diluted)-$0.21+12.5%

Balance sheet

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Cash & equivalents$108.9M+97.0%
Total debt$3.7M-32.2%
Total equity$246.1M+42.0%
Total assets$268.9M+28.1%

Cash flow

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Operating cash flow-$27.6M-63.4%
CapEx$1.0K-99.6%
Free cash flow-$27.6M-61.2%

Valuation

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Market cap$1.51B+271%
Enterprise value$1.41B+293%
P/S969.1×+871×

Profitability

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Operating margin-8,084.5%-17,708pp
Net margin-7,756.4%-17,069pp
FCF margin-6,981%-10,936pp

Returns & leverage

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Return on equity-57.7%+0.3pp
Debt / equity0.0×
Current ratio10.6×+6.2×

Where this comes from

Reported directly by Absci Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Absci Corporation’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001672688-26-000136
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Drug creation programs and platform (1)$6,045$5,289$12,128$9,295
External preclinical and clinical development (2)6,8525,37011,1398,054
Personnel (3)9,56910,28318,81520,148
Stock-based compensation5,2454,7529,6259,697
General & administrative4,0323,5388,3667,860
Depreciation and amortization2,6963,0005,4246,072
Other (gain)/loss, net (4)37(246)40(232)
Total operating expenses$34,476$31,986$65,537$60,894

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Absci Corporation's drug creation program and platform — R&D?
Absci Corporation (ABSI) reported drug creation program and platform — R&D of $6.05M in Q2 2026.
How has Absci Corporation's drug creation program and platform — R&D changed year-over-year?
Absci Corporation's drug creation program and platform — R&D increased by 14.3% year-over-year, from $5.29M to $6.05M.
What is the long-term trend for Absci Corporation's drug creation program and platform — R&D?
Over 2 years (2023 to 2025), Absci Corporation's drug creation program and platform — R&D has grown at a 21.8% compound annual growth rate (CAGR), from $13.71M to $20.35M.
What does drug creation program and platform — R&D mean?
This metric represents the total operating expenses allocated to the research and development of the company's proprietary drug discovery platform and internal therapeutic programs. It captures the investment in synthetic biology, artificial intelligence, and cell line development technologies required to advance novel biologics. Monitoring this spend provides insight into the company's commitment to innovation and the scalability of its drug creation capabilities.

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