What is Absci Corporation's contract liabilities?

Absci Corporation (ABSI) reported contract liabilities of $641K in Q1 2026.

How has Absci Corporation's contract liabilities changed year-over-year?

Absci Corporation's contract liabilities decreased by 41.7% year-over-year, from $1.1M to $641K.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Absci Corporation ABSI Contract Liabilities

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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

See full

Return on equity-63.9%+28.0pp

Debt / equity0×0.0×

Current ratio6.6×+0.9×

Where this comes from

Reported directly by Absci Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

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 contract liabilities?: Absci Corporation (ABSI) reported contract liabilities of $641K in Q1 2026.
How has Absci Corporation's contract liabilities changed year-over-year?: Absci Corporation's contract liabilities decreased by 41.7% year-over-year, from $1.1M to $641K.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.