earnings
confidence high
sentiment negative
materiality 0.75
AbCellera Q2 net loss widens to $55.4M; revenue drops to $4.1M; new Jazz, Vertex deals
AbCellera Biologics Inc.
- Net loss of $55.4M ($0.18/sh) vs $34.7M ($0.12/sh) in Q2 2025; revenue $4.1M vs $17.1M.
- Ended quarter with >$565M cash and marketable securities; total liquidity >$675M.
- Announced collaborations with Jazz ($84M upfront) and Vertex ($28M upfront) for T-cell engagers.
- ABCL635 Phase 2 top-line data expected in August 2026; ABCL575 Phase 1 data expected Q4 2026.
- Partner programs progressing: 35 (down from 44 at Dec 2025); 12 molecules in clinic.