AbCellera Biologics (ABCL) Operating Expenses (2020 - 2026)

AbCellera Biologics (ABCL) reported Operating Expenses of $65.8 million for Q1 2026, down 1.59% on a YoY basis from $66.9 million in Q1 2025, and down 10.35% quarter-over-quarter from $73.4 million in Q4 2025.

AbCellera Biologics (ABCL) Operating Expenses (2020 - 2026) Analysis & Trends

AbCellera Biologics has reported Operating Expenses for 7 years, with the latest figure at $65.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 1.59% year-over-year to $65.8 million; the trailing twelve-month figure through Mar 2026 stood at $291.2 million (down 15.76% YoY), and the FY2025 full-year result was $292.2 million, down 14.95% from the prior year.
  • Operating Expenses for Q1 2026 stood at $65.8 million, down from $73.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $100.8 million in Q2 2024, with the low at $54.3 million in Q2 2022.
  • Historically, Operating Expenses has averaged $73.3 million across 5 years, with a median of $66.9 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 105.14% — and 2025, when it sank 33.85%.
  • AbCellera Biologics' Operating Expenses stood at $59.3 million in 2022, then climbed by 26.82% to $75.2 million in 2023, then increased by 3.42% to $77.8 million in 2024, then fell by 5.62% to $73.4 million in 2025, then slipped by 10.35% to $65.8 million in 2026.
  • The last three Operating Expenses figures came in at $65.8 million (Q1 2026), $73.4 million (Q4 2025), and $85.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - 4.33 Mn
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - 2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - 15.76 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.85 Bn
9 Abivax 95.45 Bn 95.45 Bn - -67.40 Mn
10 AbCellera Biologics 1.61 Bn 1.51 Bn - 65.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 65.83 Mn
Dec 31, 2025 73.44 Mn
Sep 30, 2025 85.23 Mn
Jun 30, 2025 66.67 Mn
Mar 31, 2025 66.90 Mn
Dec 31, 2024 77.81 Mn
Sep 30, 2024 100.17 Mn
Jun 30, 2024 100.78 Mn
Mar 31, 2024 64.85 Mn
Dec 31, 2023 75.23 Mn
Sep 30, 2023 61.49 Mn
Jun 30, 2023 61.45 Mn
Mar 31, 2023 77.07 Mn
Dec 31, 2022 59.32 Mn
Sep 30, 2022 63.65 Mn
Jun 30, 2022 54.31 Mn
Mar 31, 2022 91.63 Mn
Dec 31, 2021 57.78 Mn
Sep 30, 2021 33.60 Mn
Jun 30, 2021 34.68 Mn