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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and Pioneer Bancorp, Inc. (PBFS). Click either name above to swap in a different company.

AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $25.0M, roughly 1.8× Pioneer Bancorp, Inc.). Pioneer Bancorp, Inc. runs the higher net margin — 82.1% vs -19.9%, a 102.0% gap on every dollar of revenue. Over the past eight quarters, Pioneer Bancorp, Inc.'s revenue compounded faster (144.9% CAGR vs 112.3%).

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.

Pioneer Bancorp, Inc. (MD) is a bank holding company operating as the parent entity of Pioneer Bank. It provides a full suite of retail and commercial banking products and services, including deposit accounts, residential and commercial mortgages, consumer loans, and small business financing, primarily serving individual and corporate customers across local communities in Maryland, U.S.

ABCL vs PBFS — Head-to-Head

Bigger by revenue
ABCL
ABCL
1.8× larger
ABCL
$44.9M
$25.0M
PBFS
Higher net margin
PBFS
PBFS
102.0% more per $
PBFS
82.1%
-19.9%
ABCL
Faster 2-yr revenue CAGR
PBFS
PBFS
Annualised
PBFS
144.9%
112.3%
ABCL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABCL
ABCL
PBFS
PBFS
Revenue
$44.9M
$25.0M
Net Profit
$-8.9M
$3.7M
Gross Margin
Operating Margin
-63.7%
21.3%
Net Margin
-19.9%
82.1%
Revenue YoY
788.4%
Net Profit YoY
73.9%
EPS (diluted)
$-0.03
$0.16

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
PBFS
PBFS
Q4 25
$44.9M
$25.0M
Q3 25
$9.0M
$24.0M
Q2 25
$17.1M
$24.4M
Q1 25
$4.2M
$22.8M
Q4 24
$5.0M
Q3 24
$6.5M
$22.0M
Q2 24
$7.3M
$20.9M
Q1 24
$10.0M
$21.6M
Net Profit
ABCL
ABCL
PBFS
PBFS
Q4 25
$-8.9M
$3.7M
Q3 25
$-57.1M
$4.3M
Q2 25
$-34.7M
$6.5M
Q1 25
$-45.6M
$5.8M
Q4 24
Q3 24
$-51.1M
$6.3M
Q2 24
$-36.9M
$3.9M
Q1 24
$-40.6M
$4.7M
Operating Margin
ABCL
ABCL
PBFS
PBFS
Q4 25
-63.7%
21.3%
Q3 25
-851.8%
23.4%
Q2 25
-290.2%
33.3%
Q1 25
-1479.6%
32.5%
Q4 24
Q3 24
-1439.4%
37.2%
Q2 24
-1276.2%
24.1%
Q1 24
-551.5%
28.1%
Net Margin
ABCL
ABCL
PBFS
PBFS
Q4 25
-19.9%
82.1%
Q3 25
-637.8%
18.0%
Q2 25
-203.3%
26.4%
Q1 25
-1077.2%
25.3%
Q4 24
Q3 24
-785.4%
28.7%
Q2 24
-504.3%
107.4%
Q1 24
-408.0%
21.9%
EPS (diluted)
ABCL
ABCL
PBFS
PBFS
Q4 25
$-0.03
$0.16
Q3 25
$-0.19
$0.18
Q2 25
$-0.12
$0.26
Q1 25
$-0.15
$0.23
Q4 24
Q3 24
$-0.17
$0.25
Q2 24
$-0.13
$0.15
Q1 24
$-0.14
$0.19

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
PBFS
PBFS
Cash + ST InvestmentsLiquidity on hand
$128.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$966.9M
$323.9M
Total Assets
$1.4B
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
PBFS
PBFS
Q4 25
$128.5M
Q3 25
$83.2M
Q2 25
$92.4M
Q1 25
$159.3M
Q4 24
$156.3M
Q3 24
$126.6M
Q2 24
$148.3M
Q1 24
$123.6M
Stockholders' Equity
ABCL
ABCL
PBFS
PBFS
Q4 25
$966.9M
$323.9M
Q3 25
$964.0M
$314.2M
Q2 25
$1.0B
$314.2M
Q1 25
$1.0B
$310.7M
Q4 24
$1.1B
Q3 24
$1.1B
$303.8M
Q2 24
$1.1B
$296.5M
Q1 24
$1.1B
$289.0M
Total Assets
ABCL
ABCL
PBFS
PBFS
Q4 25
$1.4B
$2.2B
Q3 25
$1.4B
$2.2B
Q2 25
$1.4B
$2.1B
Q1 25
$1.3B
$2.1B
Q4 24
$1.4B
Q3 24
$1.4B
$2.0B
Q2 24
$1.4B
Q1 24
$1.5B
$2.0B

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
PBFS
PBFS
Operating Cash FlowLast quarter
$-34.7M
$11.1M
Free Cash FlowOCF − Capex
$-44.6M
FCF MarginFCF / Revenue
-99.4%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
2.97×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
PBFS
PBFS
Q4 25
$-34.7M
$11.1M
Q3 25
$-52.6M
$3.9M
Q2 25
$-32.4M
$5.1M
Q1 25
$-11.6M
$-3.5M
Q4 24
$-108.6M
Q3 24
$-28.9M
$1.9M
Q2 24
$-30.0M
$9.0M
Q1 24
$-41.7M
$3.3M
Free Cash Flow
ABCL
ABCL
PBFS
PBFS
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
FCF Margin
ABCL
ABCL
PBFS
PBFS
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%
Capex Intensity
ABCL
ABCL
PBFS
PBFS
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%
Cash Conversion
ABCL
ABCL
PBFS
PBFS
Q4 25
2.97×
Q3 25
0.90×
Q2 25
0.78×
Q1 25
-0.61×
Q4 24
Q3 24
0.30×
Q2 24
2.30×
Q1 24
0.70×

Financial Flow Comparison

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

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