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