← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
AbCellera revenue jumped and losses narrowed, but cash burn persisted and the accounting screen is weak.
The read at a glance✓ Audited against SEC data
- Business mix — Clinical-stage antibody medicines platformNote
- Revenue — Revenue +160.6% to $75.1MOK
- Profitability — Net loss narrowed to $146.4MOK
- Cash quality — Free cash flow still -$174.1MWatch
- Capital — Capex -45.4% to $42.8MOK
- Insiders — 4 buys / 0 sells; $1.04M totalOK
- Accounting — Altman-Z distress; revenue audit focusWatch
Business
AbCellera is a clinical-stage biotechnology company focused on discovering and developing first-in-class antibody medicines for areas with high unmet medical need.
Where the revenue comes from
Fiscal 2025, as AbCellera Biologics Inc. reports it. History and quarterly detail are in the app.
- Licensing and royalty revenue$46.9M
- Research fees$27.2M
- Milestone payments$1.0M
Leadership changes
From AbCellera Biologics Inc.'s own filings, the day they're filed.
- Lynn Seely · director · departureeff. 2026-06-30
- Victor Sandor · director · departureeff. 2026-06-01
- Stephen Quake · director · departureeff. 2025-11-10
Latest filings
- 8-K · Company announcement2026-08-13
- 8-K · Company announcement2026-08-10
- 8-K · Company announcement2026-08-07
- 8-K · Company announcement2026-08-05
- 10-Q · Quarterly report2026-08-05
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AbCellera Biologics Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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