Company / R&D Expense
Absci Corp R&D Expense History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$63.9M
FY2024
5-year range
$44.6M / $63.9M
FY2021-FY2024
Trend
+32.9%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $59M to $64M over the past 2 years.
Based on SEC 10-K filings.
$64M in FY2024 with a 3-year CAGR of +12.7%.
Improved from $59M to $64M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +12.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +12.7%, indicating consistent growth.
- In FY2024, r&d expense increased 32.9% year-over-year.
Company context
Key Data Points
- Altman Z-Score -1.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $63.9M | +32.9% |
| FY2023 | $48.1M | -18.4% |
| FY2022 | $58.9M | +32.1% |
| FY2021 | $44.6M | - |
As of FY2024 · SEC 10-K · Updated Jun 21, 2026