ABCL Q4 2025 Earnings
Reported Feb 24, 2026 at 4:15 PM ET · SEC Source
Q4 25 EPS
$-0.03
BEAT +83.33%
Est. $-0.18
Q4 25 Revenue
$44.9M
BEAT +569.55%
Est. $6.7M
vs S&P Since Q4 25
+105.8%
BEATING MARKET
ABCL +110.9% vs S&P +5.2%
Full Year 2025 Results
FY 25 EPS
$-0.49
FY 25 Revenue
$75.1M
Market Reaction
Did ABCL Beat Earnings? Q4 2025 Results
AbCellera Biologics delivered a sharp earnings beat in Q4 2025, with revenue of $44.90 million coming in well above the $6.71 million consensus estimate, a 569.55% positive surprise, as the quarter's results were driven primarily by an upfront paymen… Read more AbCellera Biologics delivered a sharp earnings beat in Q4 2025, with revenue of $44.90 million coming in well above the $6.71 million consensus estimate, a 569.55% positive surprise, as the quarter's results were driven primarily by an upfront payment from a patent litigation settlement. That single item propelled quarterly revenue 789.1% higher year over year and lifted full-year 2025 revenue to $75.13 million, compared to $28.83 million in 2024. On the bottom line, AbCellera posted a loss of $0.03 per share, beating the $0.18 consensus estimate by 83.33%, as the settlement proceeds sharply narrowed the quarterly net loss to $8.90 million. The strong print coincided with the company's transition to a clinical-stage biotech, having advanced ABCL635 into Phase 2 and ABCL575 into Phase 1 trials during the year; both programs are expected to deliver topline readouts in the second half of 2026. With roughly $700 million in total available liquidity, including non-dilutive government funding, AbCellera says it is funded well beyond three years, supporting continued pipeline investment and at least three anticipated IND submissions in 2027. Shares rose nearly 19% following the results.
Key Takeaways
- • Upfront settlement payment from patent litigation drove Q4 2025 revenue of $44.9 million, representing 60% of full-year revenue
- • Licensing and royalty revenue surged to $46.9 million from $1.0 million in FY 2024
- • Completion of multi-year platform investments reduced capital expenditure requirements
ABCL YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
ABCL Revenue by Segment
With YoY comparisons, source: SEC Filings
“In 2025, AbCellera successfully delivered on all its corporate priorities, transitioned to a clinical-stage biotech company, and ended the year with approximately $700 million in available liquidity to execute on our strategy.”
— Carl Hansen, Q4 2025 Earnings Press Release
ABCL Earnings Trends
ABCL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ABCL EPS Trend
Earnings per share: estimate vs actual
ABCL Revenue Trend
Quarterly revenue: estimate vs actual
ABCL Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.20 | $-0.14 | +29.11% | $8.3M | +42.49% |
| Q4 25 BEAT FY | $-0.18 | $-0.03 | +83.33% | $44.9M | +569.55% |
| FY Full Year | — | $-0.49 | — | $75.1M | — |
| Q3 25 MISS | $-0.16 | $-0.19 | -17.28% | $9.0M | +41.40% |
| Q2 25 BEAT | $-0.16 | $-0.12 | +25.00% | $17.1M | +173.69% |