Filing Flows › Absci (ABSI) › Q1 2025
Absci (ABSI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Absci (ABSI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), +31% from a year earlier and +77% from the quarter before.
Absci, Q1 2025: revenue $1.2M (+31% year over year), net loss $26.3M, operating cash flow −$21.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +77% | +31% |
| Operating profit | −$27.7M | — | — |
| Net earnings | −$26.3M | — | — |
| Operating cash flow | −$21.8M | — | — |
What changed
Revenue was $1.2M in Q1 2025, up 31% year over year and up 77% from the previous quarter.
Operating costs exceeded revenue by $27.7M, an operating margin of -2351.9%. Total costs grew 18% against revenue growth of 31%. The fastest-growing cost line was Research & development (+34%). The quarter ended with a net loss of $26.3M, narrower than the previous quarter's $29.0M loss.
Operating cash flow was −$21.8M. Non-cash charges added back $3.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $25K exceeded it, leaving free cash flow of −$21.9M.
Questions
What was Absci's revenue in the first quarter 2025?
Absci (ABSI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), +31% from a year earlier and +77% from the quarter before.
Source: Absci 10-Q on SEC EDGAR.