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Absci Corporation ABSI External preclinical and clinical development — R&D

Other product segments

Drug creation program and platform
$6.08M+52.4%

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Other financials

Income statement

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Revenue$215.0K-81.8%
Operating income-$30.8M-11.2%
Net income-$29.6M-12.3%
EPS (diluted)-$0.19+9.5%

Balance sheet

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Cash & equivalents$9.7M-84.9%
Total debt$4.0M-37.2%
Total equity$172.0M-13.5%
Total assets$195.6M-15.9%

Cash flow

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Operating cash flow-$26.3M-20.5%
CapEx$30.0K+20.0%
Free cash flow-$26.3M-20.5%

Valuation

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Market cap$1.57B+43.6%
Enterprise value$1.57B+73.1%
P/S855.5×+628×

Profitability

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Operating margin-6,723%-14,525pp
Net margin-6,450.8%-13,699pp
FCF margin-5,365.2%-9,300pp

Returns & leverage

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Return on equity-63.9%+28.0pp
Debt / equity0.0×
Current ratio6.6×+0.9×

Where this comes from

Reported directly by Absci Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Absci Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Absci Corporation's external preclinical and clinical development — R&D?
Absci Corporation (ABSI) reported external preclinical and clinical development — R&D of $4.29M in Q1 2026.
How has Absci Corporation's external preclinical and clinical development — R&D changed year-over-year?
Absci Corporation's external preclinical and clinical development — R&D increased by 59.7% year-over-year, from $2.68M to $4.29M.
What does external preclinical and clinical development — R&D mean?
This metric represents the direct research and development expenditures allocated to the external preclinical and clinical development segment. It captures the investment required to advance biologic drug candidates through experimental validation and early-stage clinical trials. Monitoring this spend provides insight into the company's commitment to scaling its proprietary therapeutic pipeline and the associated costs of externalizing development activities.