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AbCellera - FY2026 Q3 Earnings
$ABCL $12.40 [-0.50% AH]
✅ Revenue: $10.6M (Est: $5.4M) [+19% YoY]
✅ EPS: -$0.13 (Est: -$0.18) [vs -$0.19 YoY]
Segment Revenue:
- Research fees: $10.5M [+20% YoY]
- Licensing and royalty: $0.1M [-35% YoY]
Additional Metrics:
- Revenue up 163% QoQ from $4.1M
- R&D expenses: $43.5M vs $55.0M YoY
- SG&A expenses: $13.6M vs $25.0M YoY
- Operating loss: $53.3M vs $76.3M YoY
- Net loss: $40.8M vs $57.1M YoY
- Cash and marketable securities: over $790M
- Total available liquidity: over $890M, includes over $100M of non-dilutive government funding
- Closed a $200M offering of common shares and pre-funded warrants in the quarter
- Partner-led programs with an AbCellera downstream stake: 34 (down from 44 at Dec 31, 2025)
Pipeline Update:
- Positive top-line Phase 2 data for ABCL635 in hot flashes (moderate and severe VMS), late-stage development planned to start in 2027
- Phase 1 data for ABCL575 (OX40 ligand, atopic dermatitis) met all endpoints. No plan to develop it past Phase 1
- Three new programs advanced into IND-enabling work: ABCL992, ABCL385 and ABCL646