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Arbutus Biopharma (ABUS) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Arbutus Biopharma (ABUS) reported revenue of $529K for the third quarter 2025 (Q3 2025), -60% from a year earlier and -95% from the quarter before.

Revenue$529K
Year over year-60%
Quarter over quarter-95%
Operating margin—
Net earnings−$7.7M

Arbutus Biopharma, Q3 2025: revenue $529K (-60% year over year), net loss $7.7M, operating cash flow −$5.8M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$529K-95%-60%
Operating profit−$8.7M-682%—
Net earnings−$7.7M-407%—
Operating cash flow−$5.8M——

What changed

Revenue was $529K in Q3 2025, down 60% year over year and down 95% from the previous quarter. Collaborations and licenses was the largest line at 53% of revenue. Collaborations and licenses lost $487K year over year (down 63%), 60% of the total change.

Operating costs exceeded revenue by $8.7M, an operating margin of -1636.9%. Total costs fell 60% while revenue fell 60%. The quarter ended with a net loss of $7.7M, after a profit of $2.5M the previous quarter.

Operating cash flow was −$5.8M. Non-cash charges added back $11K of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $651K.

Questions

What was Arbutus Biopharma's revenue in the third quarter 2025?

Arbutus Biopharma (ABUS) reported revenue of $529K for the third quarter 2025 (Q3 2025), -60% from a year earlier and -95% from the quarter before.

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Source: Arbutus Biopharma 10-Q on SEC EDGAR.