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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.

AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $23.6M, roughly 1.9× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -19.9%, a 34.5% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $-44.6M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs -23.9%).

AbCellera Biologics Inc. is a Vancouver, British Columbia-based biotechnology company that discovers and develops antibody therapeutics. The company is best known for its leading role in the Pandemic Prevention Platform, a project of DARPA's Biological Technologies Office. AbCellera utilizes a proprietary technology platform, which they claim can develop "medical countermeasures within 60 days." Its platform for single-cell screening was initially developed at the University of British Columbia.

Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.

ABCL vs GENC — Head-to-Head

Bigger by revenue
ABCL
ABCL
1.9× larger
ABCL
$44.9M
$23.6M
GENC
Growing faster (revenue YoY)
ABCL
ABCL
+813.3% gap
ABCL
788.4%
-25.0%
GENC
Higher net margin
GENC
GENC
34.5% more per $
GENC
14.6%
-19.9%
ABCL
More free cash flow
GENC
GENC
$54.7M more FCF
GENC
$10.1M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
ABCL
ABCL
Annualised
ABCL
112.3%
-23.9%
GENC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ABCL
ABCL
GENC
GENC
Revenue
$44.9M
$23.6M
Net Profit
$-8.9M
$3.4M
Gross Margin
28.7%
Operating Margin
-63.7%
13.2%
Net Margin
-19.9%
14.6%
Revenue YoY
788.4%
-25.0%
Net Profit YoY
73.9%
-9.8%
EPS (diluted)
$-0.03
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABCL
ABCL
GENC
GENC
Q4 25
$44.9M
$23.6M
Q3 25
$9.0M
$18.8M
Q2 25
$17.1M
$27.0M
Q1 25
$4.2M
$38.2M
Q4 24
$5.0M
$31.4M
Q3 24
$6.5M
$20.9M
Q2 24
$7.3M
$25.6M
Q1 24
$10.0M
$40.7M
Net Profit
ABCL
ABCL
GENC
GENC
Q4 25
$-8.9M
$3.4M
Q3 25
$-57.1M
$1.9M
Q2 25
$-34.7M
$3.8M
Q1 25
$-45.6M
$6.1M
Q4 24
$3.8M
Q3 24
$-51.1M
$1.5M
Q2 24
$-36.9M
$2.6M
Q1 24
$-40.6M
$6.2M
Gross Margin
ABCL
ABCL
GENC
GENC
Q4 25
28.7%
Q3 25
24.2%
Q2 25
26.5%
Q1 25
29.7%
Q4 24
27.6%
Q3 24
25.6%
Q2 24
23.9%
Q1 24
30.3%
Operating Margin
ABCL
ABCL
GENC
GENC
Q4 25
-63.7%
13.2%
Q3 25
-851.8%
-1.2%
Q2 25
-290.2%
11.6%
Q1 25
-1479.6%
17.0%
Q4 24
14.7%
Q3 24
-1439.4%
5.9%
Q2 24
-1276.2%
7.8%
Q1 24
-551.5%
17.4%
Net Margin
ABCL
ABCL
GENC
GENC
Q4 25
-19.9%
14.6%
Q3 25
-637.8%
10.2%
Q2 25
-203.3%
14.2%
Q1 25
-1077.2%
16.0%
Q4 24
12.1%
Q3 24
-785.4%
6.9%
Q2 24
-504.3%
10.0%
Q1 24
-408.0%
15.3%
EPS (diluted)
ABCL
ABCL
GENC
GENC
Q4 25
$-0.03
$0.23
Q3 25
$-0.19
$0.13
Q2 25
$-0.12
$0.26
Q1 25
$-0.15
$0.42
Q4 24
$0.26
Q3 24
$-0.17
$0.10
Q2 24
$-0.13
$0.17
Q1 24
$-0.14
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABCL
ABCL
GENC
GENC
Cash + ST InvestmentsLiquidity on hand
$128.5M
$147.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$966.9M
$215.2M
Total Assets
$1.4B
$228.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
GENC
GENC
Q4 25
$128.5M
$147.7M
Q3 25
$83.2M
$136.3M
Q2 25
$92.4M
$136.0M
Q1 25
$159.3M
$143.7M
Q4 24
$156.3M
$130.1M
Q3 24
$126.6M
$115.4M
Q2 24
$148.3M
$116.6M
Q1 24
$123.6M
$117.1M
Total Debt
ABCL
ABCL
GENC
GENC
Q4 25
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
Q1 24
Stockholders' Equity
ABCL
ABCL
GENC
GENC
Q4 25
$966.9M
$215.2M
Q3 25
$964.0M
$211.8M
Q2 25
$1.0B
$209.9M
Q1 25
$1.0B
$206.1M
Q4 24
$1.1B
$200.0M
Q3 24
$1.1B
$196.1M
Q2 24
$1.1B
$194.7M
Q1 24
$1.1B
$192.1M
Total Assets
ABCL
ABCL
GENC
GENC
Q4 25
$1.4B
$228.9M
Q3 25
$1.4B
$222.6M
Q2 25
$1.4B
$220.2M
Q1 25
$1.3B
$223.9M
Q4 24
$1.4B
$218.2M
Q3 24
$1.4B
$208.1M
Q2 24
$1.4B
$201.8M
Q1 24
$1.5B
$206.0M
Debt / Equity
ABCL
ABCL
GENC
GENC
Q4 25
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABCL
ABCL
GENC
GENC
Operating Cash FlowLast quarter
$-34.7M
$11.1M
Free Cash FlowOCF − Capex
$-44.6M
$10.1M
FCF MarginFCF / Revenue
-99.4%
43.0%
Capex IntensityCapex / Revenue
21.9%
4.1%
Cash ConversionOCF / Net Profit
3.23×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M
$-3.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
GENC
GENC
Q4 25
$-34.7M
$11.1M
Q3 25
$-52.6M
$-275.0K
Q2 25
$-32.4M
$-23.9M
Q1 25
$-11.6M
$12.4M
Q4 24
$-108.6M
$14.8M
Q3 24
$-28.9M
$-3.2M
Q2 24
$-30.0M
$-1.0M
Q1 24
$-41.7M
$11.7M
Free Cash Flow
ABCL
ABCL
GENC
GENC
Q4 25
$-44.6M
$10.1M
Q3 25
$-61.5M
$-1.3M
Q2 25
$-45.8M
$-24.4M
Q1 25
$-22.2M
$12.3M
Q4 24
$-187.0M
$14.5M
Q3 24
$-47.4M
$-3.3M
Q2 24
$-50.1M
$-1.4M
Q1 24
$-65.8M
$11.7M
FCF Margin
ABCL
ABCL
GENC
GENC
Q4 25
-99.4%
43.0%
Q3 25
-687.0%
-6.8%
Q2 25
-267.9%
-90.4%
Q1 25
-524.0%
32.2%
Q4 24
-3702.8%
46.1%
Q3 24
-728.4%
-15.8%
Q2 24
-683.8%
-5.6%
Q1 24
-661.5%
28.7%
Capex Intensity
ABCL
ABCL
GENC
GENC
Q4 25
21.9%
4.1%
Q3 25
99.7%
5.4%
Q2 25
78.2%
1.8%
Q1 25
251.1%
0.4%
Q4 24
1552.7%
1.0%
Q3 24
284.6%
0.4%
Q2 24
274.6%
1.5%
Q1 24
242.5%
0.0%
Cash Conversion
ABCL
ABCL
GENC
GENC
Q4 25
3.23×
Q3 25
-0.14×
Q2 25
-6.24×
Q1 25
2.04×
Q4 24
3.88×
Q3 24
-2.22×
Q2 24
-0.41×
Q1 24
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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