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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and Hyperscale Data, Inc. (GPUS). Click either name above to swap in a different company.
AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $26.9M, roughly 1.7× Hyperscale Data, Inc.). AbCellera Biologics Inc. runs the higher net margin — -19.9% vs -112.0%, a 92.0% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 38.4%). AbCellera Biologics Inc. produced more free cash flow last quarter ($-44.6M vs $-56.2M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs -16.3%).
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.
Hyperscale Data, Inc. provides GPU-accelerated computing infrastructure and cloud solutions tailored for AI development, big data processing, and high-performance computing workloads. It primarily serves AI startups, large technology firms, and cloud service providers across North America and the Asia-Pacific region, delivering scalable, high-efficiency computing resources to support complex data processing needs.
ABCL vs GPUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $44.9M | $26.9M |
| Net Profit | $-8.9M | $-30.1M |
| Gross Margin | — | 14.5% |
| Operating Margin | -63.7% | -117.8% |
| Net Margin | -19.9% | -112.0% |
| Revenue YoY | 788.4% | 38.4% |
| Net Profit YoY | 73.9% | -6670.3% |
| EPS (diluted) | $-0.03 | — |
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.
| Q4 25 | $44.9M | $26.9M | ||
| Q3 25 | $9.0M | $24.3M | ||
| Q2 25 | $17.1M | $25.9M | ||
| Q1 25 | $4.2M | $25.0M | ||
| Q4 24 | $5.0M | $19.4M | ||
| Q3 24 | $6.5M | $31.1M | ||
| Q2 24 | $7.3M | $17.8M | ||
| Q1 24 | $10.0M | $38.4M |
| Q4 25 | $-8.9M | $-30.1M | ||
| Q3 25 | $-57.1M | $-13.0M | ||
| Q2 25 | $-34.7M | $-19.1M | ||
| Q1 25 | $-45.6M | $-4.2M | ||
| Q4 24 | — | $-445.0K | ||
| Q3 24 | $-51.1M | $-25.5M | ||
| Q2 24 | $-36.9M | $-33.9M | ||
| Q1 24 | $-40.6M | $3.7M |
| Q4 25 | — | 14.5% | ||
| Q3 25 | — | 25.8% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 27.5% | ||
| Q2 24 | — | -21.3% | ||
| Q1 24 | — | 47.4% |
| Q4 25 | -63.7% | -117.8% | ||
| Q3 25 | -851.8% | -57.8% | ||
| Q2 25 | -290.2% | -39.2% | ||
| Q1 25 | -1479.6% | -25.5% | ||
| Q4 24 | — | -46.8% | ||
| Q3 24 | -1439.4% | -79.2% | ||
| Q2 24 | -1276.2% | -151.4% | ||
| Q1 24 | -551.5% | 9.5% |
| Q4 25 | -19.9% | -112.0% | ||
| Q3 25 | -637.8% | -53.5% | ||
| Q2 25 | -203.3% | -73.7% | ||
| Q1 25 | -1077.2% | -16.8% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | -785.4% | -82.3% | ||
| Q2 24 | -504.3% | -190.7% | ||
| Q1 24 | -408.0% | 9.7% |
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.19 | $-0.39 | ||
| Q2 25 | $-0.12 | $-2.66 | ||
| Q1 25 | $-0.15 | — | ||
| Q4 24 | — | $-8.78 | ||
| Q3 24 | $-0.17 | $-24.82 | ||
| Q2 24 | $-0.13 | $-37.81 | ||
| Q1 24 | $-0.14 | $3.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $128.5M | $13.1M |
| Total DebtLower is stronger | — | $83.1M |
| Stockholders' EquityBook value | $966.9M | $119.8M |
| Total Assets | $1.4B | $313.7M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.5M | $13.1M | ||
| Q3 25 | $83.2M | $24.8M | ||
| Q2 25 | $92.4M | $5.9M | ||
| Q1 25 | $159.3M | $4.2M | ||
| Q4 24 | $156.3M | $4.5M | ||
| Q3 24 | $126.6M | $7.9M | ||
| Q2 24 | $148.3M | $9.6M | ||
| Q1 24 | $123.6M | $18.9M |
| Q4 25 | — | $83.1M | ||
| Q3 25 | — | $80.0M | ||
| Q2 25 | — | $88.5M | ||
| Q1 25 | — | $92.8M | ||
| Q4 24 | — | $96.7M | ||
| Q3 24 | — | $104.8M | ||
| Q2 24 | — | $106.8M | ||
| Q1 24 | — | $30.0M |
| Q4 25 | $966.9M | $119.8M | ||
| Q3 25 | $964.0M | $55.9M | ||
| Q2 25 | $1.0B | $5.5M | ||
| Q1 25 | $1.0B | $6.3M | ||
| Q4 24 | $1.1B | $8.6M | ||
| Q3 24 | $1.1B | $2.7M | ||
| Q2 24 | $1.1B | $26.7M | ||
| Q1 24 | $1.1B | $59.0M |
| Q4 25 | $1.4B | $313.7M | ||
| Q3 25 | $1.4B | $242.4M | ||
| Q2 25 | $1.4B | $213.5M | ||
| Q1 25 | $1.3B | $218.5M | ||
| Q4 24 | $1.4B | $220.8M | ||
| Q3 24 | $1.4B | $231.5M | ||
| Q2 24 | $1.4B | $270.8M | ||
| Q1 24 | $1.5B | $299.8M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 16.06× | ||
| Q1 25 | — | 14.71× | ||
| Q4 24 | — | 11.19× | ||
| Q3 24 | — | 38.41× | ||
| Q2 24 | — | 4.00× | ||
| Q1 24 | — | 0.51× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-34.7M | $-37.7M |
| Free Cash FlowOCF − Capex | $-44.6M | $-56.2M |
| FCF MarginFCF / Revenue | -99.4% | -208.7% |
| Capex IntensityCapex / Revenue | 21.9% | 68.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-174.1M | $-87.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-34.7M | $-37.7M | ||
| Q3 25 | $-52.6M | $-17.8M | ||
| Q2 25 | $-32.4M | $-3.1M | ||
| Q1 25 | $-11.6M | $-4.0M | ||
| Q4 24 | $-108.6M | $-9.2M | ||
| Q3 24 | $-28.9M | $3.7M | ||
| Q2 24 | $-30.0M | $-3.7M | ||
| Q1 24 | $-41.7M | $-10.2M |
| Q4 25 | $-44.6M | $-56.2M | ||
| Q3 25 | $-61.5M | $-20.6M | ||
| Q2 25 | $-45.8M | $-3.5M | ||
| Q1 25 | $-22.2M | $-6.8M | ||
| Q4 24 | $-187.0M | $-9.3M | ||
| Q3 24 | $-47.4M | $2.6M | ||
| Q2 24 | $-50.1M | $-5.9M | ||
| Q1 24 | $-65.8M | $-11.6M |
| Q4 25 | -99.4% | -208.7% | ||
| Q3 25 | -687.0% | -84.5% | ||
| Q2 25 | -267.9% | -13.5% | ||
| Q1 25 | -524.0% | -27.3% | ||
| Q4 24 | -3702.8% | -47.6% | ||
| Q3 24 | -728.4% | 8.4% | ||
| Q2 24 | -683.8% | -33.4% | ||
| Q1 24 | -661.5% | -30.3% |
| Q4 25 | 21.9% | 68.6% | ||
| Q3 25 | 99.7% | 11.5% | ||
| Q2 25 | 78.2% | 1.5% | ||
| Q1 25 | 251.1% | 11.5% | ||
| Q4 24 | 1552.7% | 0.3% | ||
| Q3 24 | 284.6% | 3.6% | ||
| Q2 24 | 274.6% | 12.6% | ||
| Q1 24 | 242.5% | 3.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -2.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABCL
Segment breakdown not available.
GPUS
| Transferred Over Time | $10.4M | 39% |
| Revenue From Mined Crypto Assets At Sentinum Owned And Operated Facilities | $5.8M | 21% |
| Hotel And Real Estate Operations | $4.8M | 18% |
| Other | $4.0M | 15% |
| Turn On Green | $2.0M | 7% |