vs
Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and Orion Properties Inc. (ONL). Click either name above to swap in a different company.
AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $35.2M, roughly 1.3× Orion Properties Inc.). AbCellera Biologics Inc. runs the higher net margin — -19.9% vs -101.7%, a 81.7% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs -8.2%). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs -13.6%).
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.
ABCL vs ONL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.9M | $35.2M |
| Net Profit | $-8.9M | $-35.8M |
| Gross Margin | — | — |
| Operating Margin | -63.7% | -101.5% |
| Net Margin | -19.9% | -101.7% |
| Revenue YoY | 788.4% | -8.2% |
| Net Profit YoY | 73.9% | -9.3% |
| EPS (diluted) | $-0.03 | $-0.63 |
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 | $35.2M | ||
| Q3 25 | $9.0M | $37.1M | ||
| Q2 25 | $17.1M | $37.3M | ||
| Q1 25 | $4.2M | $38.0M | ||
| Q4 24 | $5.0M | $38.4M | ||
| Q3 24 | $6.5M | $39.2M | ||
| Q2 24 | $7.3M | $40.1M | ||
| Q1 24 | $10.0M | $47.2M |
| Q4 25 | $-8.9M | $-35.8M | ||
| Q3 25 | $-57.1M | $-69.0M | ||
| Q2 25 | $-34.7M | $-25.1M | ||
| Q1 25 | $-45.6M | $-9.4M | ||
| Q4 24 | — | $-32.8M | ||
| Q3 24 | $-51.1M | $-10.2M | ||
| Q2 24 | $-36.9M | $-33.8M | ||
| Q1 24 | $-40.6M | $-26.2M |
| Q4 25 | -63.7% | -101.5% | ||
| Q3 25 | -851.8% | -185.8% | ||
| Q2 25 | -290.2% | -67.1% | ||
| Q1 25 | -1479.6% | -24.4% | ||
| Q4 24 | — | -85.4% | ||
| Q3 24 | -1439.4% | -25.9% | ||
| Q2 24 | -1276.2% | -84.1% | ||
| Q1 24 | -551.5% | -55.4% |
| Q4 25 | -19.9% | -101.7% | ||
| Q3 25 | -637.8% | -186.0% | ||
| Q2 25 | -203.3% | -67.3% | ||
| Q1 25 | -1077.2% | -24.6% | ||
| Q4 24 | — | -85.4% | ||
| Q3 24 | -785.4% | -26.1% | ||
| Q2 24 | -504.3% | -84.2% | ||
| Q1 24 | -408.0% | -55.6% |
| Q4 25 | $-0.03 | $-0.63 | ||
| Q3 25 | $-0.19 | $-1.23 | ||
| Q2 25 | $-0.12 | $-0.45 | ||
| Q1 25 | $-0.15 | $-0.17 | ||
| Q4 24 | — | $-0.59 | ||
| Q3 24 | $-0.17 | $-0.18 | ||
| Q2 24 | $-0.13 | $-0.60 | ||
| Q1 24 | $-0.14 | $-0.47 |
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 | $22.4M |
| Total DebtLower is stronger | — | $465.0M |
| Stockholders' EquityBook value | $966.9M | $623.2M |
| Total Assets | $1.4B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.5M | $22.4M | ||
| Q3 25 | $83.2M | $32.6M | ||
| Q2 25 | $92.4M | $17.4M | ||
| Q1 25 | $159.3M | $9.4M | ||
| Q4 24 | $156.3M | $15.6M | ||
| Q3 24 | $126.6M | $16.6M | ||
| Q2 24 | $148.3M | $24.2M | ||
| Q1 24 | $123.6M | $23.6M |
| Q4 25 | — | $465.0M | ||
| Q3 25 | — | $483.0M | ||
| Q2 25 | — | $483.0M | ||
| Q1 25 | — | $505.0M | ||
| Q4 24 | — | $492.0M | ||
| Q3 24 | — | $485.0M | ||
| Q2 24 | — | $462.0M | ||
| Q1 24 | — | $471.0M |
| Q4 25 | $966.9M | $623.2M | ||
| Q3 25 | $964.0M | $658.8M | ||
| Q2 25 | $1.0B | $728.0M | ||
| Q1 25 | $1.0B | $753.5M | ||
| Q4 24 | $1.1B | $763.9M | ||
| Q3 24 | $1.1B | $800.9M | ||
| Q2 24 | $1.1B | $816.1M | ||
| Q1 24 | $1.1B | $854.6M |
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.5B | $1.4B |
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.55× |
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 | $23.6M |
| Free Cash FlowOCF − Capex | $-44.6M | — |
| FCF MarginFCF / Revenue | -99.4% | — |
| Capex IntensityCapex / Revenue | 21.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-174.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-34.7M | $23.6M | ||
| Q3 25 | $-52.6M | $5.7M | ||
| Q2 25 | $-32.4M | $11.6M | ||
| Q1 25 | $-11.6M | $-2.2M | ||
| Q4 24 | $-108.6M | $54.3M | ||
| Q3 24 | $-28.9M | $13.8M | ||
| Q2 24 | $-30.0M | $17.0M | ||
| Q1 24 | $-41.7M | $11.0M |
| Q4 25 | $-44.6M | — | ||
| Q3 25 | $-61.5M | — | ||
| Q2 25 | $-45.8M | — | ||
| Q1 25 | $-22.2M | — | ||
| Q4 24 | $-187.0M | — | ||
| Q3 24 | $-47.4M | — | ||
| Q2 24 | $-50.1M | — | ||
| Q1 24 | $-65.8M | — |
| Q4 25 | -99.4% | — | ||
| Q3 25 | -687.0% | — | ||
| Q2 25 | -267.9% | — | ||
| Q1 25 | -524.0% | — | ||
| Q4 24 | -3702.8% | — | ||
| Q3 24 | -728.4% | — | ||
| Q2 24 | -683.8% | — | ||
| Q1 24 | -661.5% | — |
| Q4 25 | 21.9% | — | ||
| Q3 25 | 99.7% | — | ||
| Q2 25 | 78.2% | — | ||
| Q1 25 | 251.1% | — | ||
| Q4 24 | 1552.7% | — | ||
| Q3 24 | 284.6% | — | ||
| Q2 24 | 274.6% | — | ||
| Q1 24 | 242.5% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
