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

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

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

AbCellera Biologics' Operating Expenses history runs 7 years deep, the most recent figure standing at $65.8 million for Q1 2026.

  • Quarterly Operating Expenses fell 1.59% year-over-year to $65.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $291.2 million (down 15.76% YoY) and the FY2025 annual result came in at $292.2 million, down 14.95% from the prior year.
  • Operating Expenses was $65.8 million for Q1 2026 at AbCellera Biologics, down from $73.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $100.8 million in Q2 2024 and bottomed at $54.3 million in Q2 2022.
  • A 5-year average of $73.3 million and a median of $66.9 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 105.14% — and 2025, when it plunged 33.85%.
  • AbCellera Biologics' Operating Expenses stood at $59.3 million in 2022, then increased by 26.82% to $75.2 million in 2023, then gained by 3.42% to $77.8 million in 2024, then decreased by 5.62% to $73.4 million in 2025, then declined by 10.35% to $65.8 million in 2026.
  • Business Quant data shows ABCL's Operating Expenses at $65.8 million in Q1 2026, $73.4 million in Q4 2025, and $85.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 AbCellera Biologics 1.62 Bn 1.62 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