Absci (ABSI) financial statements
Absci reported revenue of $3M in fiscal 2025, down 7.4% a year over 5 years.
Net income was -$115M and the operating margin -4297.0%, against -323.1% in 2020.
Free cash flow was -$94M.
The diluted share count rose 783% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Absci's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $4M | $4M | $5M | $6M | $5M | $3M |
| Research and development | $11M | $45M | $59M | $48M | $64M | $81M |
| Selling, general and admin | $6M | $29M | $41M | $38M | $36M | $35M |
| Operating income | -$13M | -$75M | -$107M | -$116M | -$109M | -$120M |
| Interest expense | $634,000 | $3M | $972,000 | $1M | $565,000 | $209,000 |
| Pre-tax income | -$14M | -$110M | -$105M | -$110M | -$103M | -$115M |
| Income tax | $0 | -$9M | -$461,000 | $100,000 | $70,000 | $69,000 |
| Net income | -$14M | -$101M | -$105M | -$111M | -$103M | -$115M |
| EPS (diluted) | -$3.19 | -$2.08 | -$1.15 | -$1.20 | -$0.94 | -$0.84 |
| Diluted shares | 15M | 50M | 91M | 92M | 110M | 137M |
| Operating margin | -323.1% | -1876.7% | -2357.0% | -2020.2% | -2401.6% | -4297.0% |
| Net margin | -348.6% | -2518.3% | -2316.3% | -1933.6% | -2274.1% | -4113.7% |
Balance sheet
Fiscal years, from Absci's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $70M | $253M | $60M | $72M | $112M | $144M |
| Receivables | — | — | — | $2M | $0 | — |
| Total current assets | $73M | $273M | $187M | $121M | $134M | $150M |
| Property, plant and equipment | $9M | $52M | $53M | $41M | $29M | $21M |
| Goodwill | $0 | $21M | $21M | $0 | — | — |
| Total assets | $89M | $426M | $321M | $217M | $214M | $216M |
| Total current liabilities | $10M | $34M | $30M | $30M | $29M | $23M |
| Total liabilities | $22M | $60M | $47M | $41M | $34M | $27M |
| Shareholders' equity | -$89M | $366M | $274M | $176M | $179M | $189M |
| Net debt | -$70M | -$253M | -$60M | -$72M | -$41M | -$20M |
Cash flow
Fiscal years, from Absci's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$11M | -$61M | -$81M | -$65M | -$72M | -$93M |
| Capital spending | $2M | $38M | $16M | $860,000 | $404,000 | $1M |
| Free cash flow | -$13M | -$99M | -$98M | -$65M | -$73M | -$94M |
| Stock-based compensation | $420,000 | $11M | $13M | $11M | $19M | $18M |
| Net borrowing | -$500,000 | -$2M | -$5M | -$3M | -$3M | -$3M |
| Free cash flow margin | -319.4% | -2460.6% | -2153.1% | -1145.4% | -1605.8% | -3358.3% |
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Open ABSI in InvestinglyQuestions
What was Absci's revenue in 2025?
$3M in fiscal 2025, from its 10-K filing.
How much free cash flow does Absci generate?
-$94M in fiscal 2025 (operating cash flow minus capital spending).
From Absci's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.