Company Analysis

Absci Corporation (ABSI)

Nasdaq: ABSI · Services-Commercial Physical & Biological Research · Vancouver, WA · filing with the SEC since 2016
Grade3.9
◀ Past 3.8● Present 4.1▶ Future 3.8
1 est.

The grade of Absci Corporation

Nine metrics read from its own filings, by tense
Headline grade
3.9/10
◀ Past3.825% of the headline
● Present4.135% of the headline
▶ Future3.840% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.8/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.9/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 79th percentile among 12 sector filers · read for itself

From the record

Absci Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.4/10

What has it actually done, year after year?

-7.4% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 24th percentile among 12 sector filers · read for its customers

From the record

Absci Corporation's 6 filed years say what it did: revenue went from $4 million in fiscal 2020 to $3 million in fiscal 2025, down 7.4% a year; it rose in 2 of 5 years; the deepest fall was 51% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-7.4%bottom 21% of its family
  • the share of years revenue rosebottom 29% of its family
  • the share of filed years with a profitbottom 25% of its family
  • the deepest fall from a revenue peak51.0%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.9/10

How has it treated the people who own it?

SI estimate 2.9/10, confidence 35 of 100 (one part).

weight 33% of this tense · 29th percentile among 12 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 29% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 12 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Absci Corporation's shareholder treatment is put at 2.9 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 29% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.1/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.7/10

Is it financially healthy right now?

ROE -61%: lost 61¢ per shareholder dollar. Leverage 12%: owes 12¢ per asset dollar.

weight 45% of this tense · 46th percentile among 12 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Absci Corporation lost about 61 cents for every dollar of shareholders' money. Leverage: it owed about 12 cents per dollar of assets, and net share issuance: its share count grew 24.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 12% of its family
  • return on equitybottom 23% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.5/10

How strong is its position in its industry?

bottom 15% of 12 in its family; net margin -4113.7%.

weight 22% of this tense · 15th percentile among 12 sector filers · read for its customers

From the record

Absci Corporation's standing among 12 graded names in its industry family: revenue of $3 million in fiscal 2025 ranks in the bottom 21% by size; a net margin of -4113.7% ranks in the bottom 4%; revenue growth of -14.8% a year over the last 3 filed years ranks in the bottom 21% (its annual reports).

What it rests on

  • revenue against the family$2.8Mbottom 21% of its family
  • net margin-4113.7%bottom 4% of its family
  • three-year revenue growth-14.8%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.0/10

What are the people in charge doing?

bottom 50% of 8 in its family for leadership; chief executive since 2021.

weight 33% of this tense · 50th percentile among 8 sector filers · read for its shareholders

From the record

Absci Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Mcclain, Sean (Chief Executive Officer, as filed), filing under that title since 2021-07-21, 5.3 years (top 36% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 4.3 years (bottom 19%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 33%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 12 peopletop 33% of its family
  • the median years the people in charge have filed4.3 yearsbottom 19% of its family
  • the chief executive's years on the record5.3 yearstop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.8/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 12 in its family for room to expand.

weight 33% of this tense · 47th percentile among 12 sector filers · read for itself

From the record

Absci Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $21 million against no long-term debt tagged leaves 9.7% of its assets as net cash, bottom 46% of its family; cash from operations less capital spending is -3358.3% of revenue (bottom 4%); research spending of 2907.8% of revenue (top 8%) (its annual report).

What it rests on

  • cash less debt against assets9.7%bottom 46% of its family
  • cash from operations less capital spending against revenue-3358.3%bottom 4% of its family
  • research spending against revenue2907.8%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.8/10

What could actually drive growth from here?

bottom 38% of 12 in its family for growth drivers.

weight 45% of this tense · 38th percentile among 12 sector filers · read for its customers

From the record

Absci Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -14.8% a year over the last three filed years against -7.4% over all 6, slowing (bottom 38% of its family); the newest year grew -38.3% (bottom 13%); research spending grew 11.4% a year (top 19%); capital spending grew -59.1% a year (bottom 21%) (its annual reports). Absci Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-7.4 points a yearbottom 38% of its family
  • the newest year's revenue growth-38.3%bottom 13% of its family
  • three-year growth of research spending11.4%top 19% of its family
  • three-year growth of capital spending-59.1%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.6/10

Did its newest year beat what its own record pointed to?

bottom 26% of 11 in its family for expectations against reality.

weight 22% of this tense · 26th percentile among 11 sector filers · read for its shareholders

From the record

Absci Corporation's newest year against its own record: revenue of $3 million in fiscal 2025 came in 38.3% below the $5 million its prior three years' pace pointed to (bottom 14% of its family); net income of $115 million against a prior three-year average of $106 million (top 41%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 5%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-38.3%bottom 14% of its family
  • net income against the prior three years' average-9%top 41% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ABSI · research, not advice