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

SHORE BANCSHARES INC is the larger business by last-quarter revenue ($59.1M vs $44.9M, roughly 1.3× AbCellera Biologics Inc.). On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 11.8%). SHORE BANCSHARES INC produced more free cash flow last quarter ($59.2M vs $-44.6M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs 11.3%).

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.

Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.

ABCL vs SHBI — Head-to-Head

Bigger by revenue
SHBI
SHBI
1.3× larger
SHBI
$59.1M
$44.9M
ABCL
Growing faster (revenue YoY)
ABCL
ABCL
+776.6% gap
ABCL
788.4%
11.8%
SHBI
More free cash flow
SHBI
SHBI
$103.8M more FCF
SHBI
$59.2M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
ABCL
ABCL
Annualised
ABCL
112.3%
11.3%
SHBI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABCL
ABCL
SHBI
SHBI
Revenue
$44.9M
$59.1M
Net Profit
$-8.9M
Gross Margin
Operating Margin
-63.7%
35.2%
Net Margin
-19.9%
Revenue YoY
788.4%
11.8%
Net Profit YoY
73.9%
EPS (diluted)
$-0.03
$0.48

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
SHBI
SHBI
Q4 25
$44.9M
$59.1M
Q3 25
$9.0M
$56.4M
Q2 25
$17.1M
$56.6M
Q1 25
$4.2M
$53.0M
Q4 24
$5.0M
$52.9M
Q3 24
$6.5M
$50.5M
Q2 24
$7.3M
$50.6M
Q1 24
$10.0M
$47.7M
Net Profit
ABCL
ABCL
SHBI
SHBI
Q4 25
$-8.9M
Q3 25
$-57.1M
$14.3M
Q2 25
$-34.7M
$15.5M
Q1 25
$-45.6M
$13.8M
Q4 24
Q3 24
$-51.1M
$11.2M
Q2 24
$-36.9M
$11.2M
Q1 24
$-40.6M
$8.2M
Operating Margin
ABCL
ABCL
SHBI
SHBI
Q4 25
-63.7%
35.2%
Q3 25
-851.8%
33.7%
Q2 25
-290.2%
36.5%
Q1 25
-1479.6%
34.4%
Q4 24
34.3%
Q3 24
-1439.4%
29.6%
Q2 24
-1276.2%
29.7%
Q1 24
-551.5%
22.2%
Net Margin
ABCL
ABCL
SHBI
SHBI
Q4 25
-19.9%
Q3 25
-637.8%
25.5%
Q2 25
-203.3%
27.4%
Q1 25
-1077.2%
26.0%
Q4 24
Q3 24
-785.4%
22.1%
Q2 24
-504.3%
22.2%
Q1 24
-408.0%
17.2%
EPS (diluted)
ABCL
ABCL
SHBI
SHBI
Q4 25
$-0.03
$0.48
Q3 25
$-0.19
$0.43
Q2 25
$-0.12
$0.46
Q1 25
$-0.15
$0.41
Q4 24
$0.39
Q3 24
$-0.17
$0.34
Q2 24
$-0.13
$0.34
Q1 24
$-0.14
$0.25

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
SHBI
SHBI
Cash + ST InvestmentsLiquidity on hand
$128.5M
$355.6M
Total DebtLower is stronger
$89.1M
Stockholders' EquityBook value
$966.9M
$589.9M
Total Assets
$1.4B
$6.3B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
SHBI
SHBI
Q4 25
$128.5M
$355.6M
Q3 25
$83.2M
$416.5M
Q2 25
$92.4M
$185.0M
Q1 25
$159.3M
$389.0M
Q4 24
$156.3M
$459.9M
Q3 24
$126.6M
$183.6M
Q2 24
$148.3M
$138.9M
Q1 24
$123.6M
$114.6M
Total Debt
ABCL
ABCL
SHBI
SHBI
Q4 25
$89.1M
Q3 25
$74.5M
Q2 25
$74.2M
Q1 25
$74.0M
Q4 24
$73.7M
Q3 24
$123.5M
Q2 24
$122.8M
Q1 24
$72.6M
Stockholders' Equity
ABCL
ABCL
SHBI
SHBI
Q4 25
$966.9M
$589.9M
Q3 25
$964.0M
$577.2M
Q2 25
$1.0B
$565.2M
Q1 25
$1.0B
$552.5M
Q4 24
$1.1B
$541.1M
Q3 24
$1.1B
$533.3M
Q2 24
$1.1B
$522.8M
Q1 24
$1.1B
$515.2M
Total Assets
ABCL
ABCL
SHBI
SHBI
Q4 25
$1.4B
$6.3B
Q3 25
$1.4B
$6.3B
Q2 25
$1.4B
$6.0B
Q1 25
$1.3B
$6.2B
Q4 24
$1.4B
$6.2B
Q3 24
$1.4B
$5.9B
Q2 24
$1.4B
$5.9B
Q1 24
$1.5B
$5.8B
Debt / Equity
ABCL
ABCL
SHBI
SHBI
Q4 25
0.15×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.14×

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
SHBI
SHBI
Operating Cash FlowLast quarter
$-34.7M
$62.4M
Free Cash FlowOCF − Capex
$-44.6M
$59.2M
FCF MarginFCF / Revenue
-99.4%
100.2%
Capex IntensityCapex / Revenue
21.9%
5.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-174.1M
$110.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
SHBI
SHBI
Q4 25
$-34.7M
$62.4M
Q3 25
$-52.6M
$42.5M
Q2 25
$-32.4M
$-8.3M
Q1 25
$-11.6M
$19.8M
Q4 24
$-108.6M
$46.9M
Q3 24
$-28.9M
$9.1M
Q2 24
$-30.0M
$3.0M
Q1 24
$-41.7M
$2.4M
Free Cash Flow
ABCL
ABCL
SHBI
SHBI
Q4 25
$-44.6M
$59.2M
Q3 25
$-61.5M
$41.9M
Q2 25
$-45.8M
$-9.2M
Q1 25
$-22.2M
$18.8M
Q4 24
$-187.0M
$41.7M
Q3 24
$-47.4M
$8.4M
Q2 24
$-50.1M
$1.4M
Q1 24
$-65.8M
$614.0K
FCF Margin
ABCL
ABCL
SHBI
SHBI
Q4 25
-99.4%
100.2%
Q3 25
-687.0%
74.3%
Q2 25
-267.9%
-16.3%
Q1 25
-524.0%
35.4%
Q4 24
-3702.8%
78.8%
Q3 24
-728.4%
16.7%
Q2 24
-683.8%
2.9%
Q1 24
-661.5%
1.3%
Capex Intensity
ABCL
ABCL
SHBI
SHBI
Q4 25
21.9%
5.4%
Q3 25
99.7%
1.0%
Q2 25
78.2%
1.6%
Q1 25
251.1%
1.9%
Q4 24
1552.7%
9.9%
Q3 24
284.6%
1.2%
Q2 24
274.6%
3.1%
Q1 24
242.5%
3.7%
Cash Conversion
ABCL
ABCL
SHBI
SHBI
Q4 25
Q3 25
2.96×
Q2 25
-0.54×
Q1 25
1.44×
Q4 24
Q3 24
0.81×
Q2 24
0.27×
Q1 24
0.29×

Financial Flow Comparison

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

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