AbCellera Biologics (ABCL) Research & Development (2020 - 2026)

AbCellera Biologics (ABCL) reported Research & Development of $46.7 million for Q1 2026, up 9.8% on a YoY basis from $42.5 million in Q1 2025, and down 6.85% quarter-over-quarter from $50.1 million in Q4 2025.

AbCellera Biologics (ABCL) Research & Development (2020 - 2026) Analysis & Trends

AbCellera Biologics has reported Research & Development for 7 years, with the latest figure at $46.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 9.8% year-over-year to $46.7 million; the trailing twelve-month figure through Mar 2026 stood at $191.0 million (up 12.04% YoY), and the FY2025 full-year result was $186.8 million, up 11.7% from the prior year.
  • Research & Development for Q1 2026 stood at $46.7 million, down from $50.1 million in the prior quarter.
  • The five-year high for Research & Development was $55.0 million in Q3 2025, with the low at $26.4 million in Q1 2022.
  • Historically, Research & Development has averaged $40.3 million across 5 years, with a median of $40.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 113.46% — and 2024, when it slipped 25.38%.
  • AbCellera Biologics' Research & Development stood at $28.2 million in 2022, then surged by 72.14% to $48.6 million in 2023, then retreated by 5.24% to $46.1 million in 2024, then grew by 8.72% to $50.1 million in 2025, then slipped by 6.85% to $46.7 million in 2026.
  • The last three Research & Development figures came in at $46.7 million (Q1 2026), $50.1 million (Q4 2025), and $55.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.32 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 626,092.00
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -101.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 1.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -2.30 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 357,444.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.71 Bn 91.71 Bn - -58.00 Mn
10 AbCellera Biologics 1.55 Bn 1.44 Bn - 46.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.66 Mn
Dec 31, 2025 50.09 Mn
Sep 30, 2025 55.03 Mn
Jun 30, 2025 39.21 Mn
Mar 31, 2025 42.50 Mn
Dec 31, 2024 46.08 Mn
Sep 30, 2024 40.97 Mn
Jun 30, 2024 40.93 Mn
Mar 31, 2024 39.29 Mn
Dec 31, 2023 48.62 Mn
Sep 30, 2023 37.92 Mn
Jun 30, 2023 36.47 Mn
Mar 31, 2023 52.65 Mn
Dec 31, 2022 28.25 Mn
Sep 30, 2022 26.58 Mn
Jun 30, 2022 26.69 Mn
Mar 31, 2022 26.37 Mn
Dec 31, 2021 17.21 Mn
Sep 30, 2021 17.45 Mn
Jun 30, 2021 15.05 Mn