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| Date | Value |
|---|---|
| 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 |