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Absci (ABSI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Absci (ABSI) reported revenue of $318K for the second quarter 2026 (Q2 2026), -46% from a year earlier and +48% from the quarter before.

Revenue$318K
Year over year-46%
Quarter over quarter+48%
Operating margin—
Net earnings−$33.2M

Absci, Q2 2026: revenue $318K (-46% year over year), net loss $33.2M, operating cash flow −$27.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$318K+48%-46%
Operating profit−$34.2M——
Net earnings−$33.2M——
Operating cash flow−$27.6M——

What changed

Revenue was $318K in Q2 2026, down 46% year over year and up 48% from the previous quarter.

Operating costs exceeded revenue by $34.2M, an operating margin of -10741.5%. Total costs grew 8% against a revenue fall of 46%. The fastest-growing cost line was Research & development (+11%). The quarter ended with a net loss of $33.2M, wider than the previous quarter's $29.6M loss.

Operating cash flow was −$27.6M. Non-cash charges added back $2.7M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items used $2.3M. Capital expenditures of $1K exceeded it, leaving free cash flow of −$27.6M.

Questions

What was Absci's revenue in the second quarter 2026?

Absci (ABSI) reported revenue of $318K for the second quarter 2026 (Q2 2026), -46% from a year earlier and +48% from the quarter before.

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Source: Absci 10-Q on SEC EDGAR.