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Segments

By product

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Drug creation program and platform$6.08M+52.4%
External preclinical and clinical development$4.29M+59.7%

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$1.41B+235%
Enterprise value$1.4B+279%
P/S765.8×+664×

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 source filing: Absci Corporation’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001672688-26-000088
(In thousands, except for share and per share data)For the Three Months Ended March 31, 20262025
Partner program revenue$215$1,179
Operating expenses
Research and development19,27516,364
Selling, general and administrative9,0589,472
Depreciation and amortization2,7283,072
Total operating expenses31,06128,908
Operating loss(30,846)(27,729)
Other income (expense)

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Absci Corporation's R&D?
Absci Corporation (ABSI) reported R&D of $19.28M in Q1 2026.
How has Absci Corporation's R&D changed year-over-year?
Absci Corporation's R&D increased by 17.8% year-over-year, from $16.36M to $19.28M.
What is the long-term trend for Absci Corporation's R&D?
Over 4 years (2021 to 2025), Absci Corporation's R&D has grown at a 16.2% compound annual growth rate (CAGR), from $44.59M to $81.42M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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