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MARKETS / NASDAQ / ABUS
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Arbutus Biopharma Corp. ABUS

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$14.1M
▲ 128.2% YoY
$-33.5M
$-39.6M
In brief

What this company does

We are currently developing imdusiran (AB-729), our proprietary, GalNAc-conjugated, subcutaneously-delivered ribonucleic acid interference (RNAi) therapeutic, and AB-101, our proprietary oral PD-L1 inhibitor, for the treatment of chronic hepatitis B (cHBV). On March 3, 2026, we, along with Genevant Sciences GmbH and its parent (collectively, Genevant), entered into a settlement agreement (the Moderna Settlement Agreement) to resolve all patent infringement litigation and patent revocation proceedings involving Moderna, Inc. and its affiliates (collectively, Moderna) pending in the United States and internationally (the Moderna LNP Litigation). Under the terms of the Moderna Settlement Agreement, Moderna will make an aggregate $950.0 million noncontingent lump sum payment (the Noncontingent Settlement Payment) to us and Genevant on or before July 8, 2026. As of December 31, 2025, we had 19 full-time employees.

Written from the business description in Arbutus Biopharma Corporation's annual report to the U.S. Securities and Exchange Commission, filed 23 March 2026. Every sentence was checked against that document before publication.

Growth
USD 14.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 14.1 · Net income -33.5
-200M200920112013201520172019202120232025
Compound annual growth
−28.8%
+15.3%
−4.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +15.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−238 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -271.0% · Net -237.9%
-10000%-20000%-30000%200920112013201520172019202120232025
ROE
FY2025 · ROE -38.5%
50%100%-50%-100%200920112013201520172019202120232025

Each USD of equity lost 39 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -39.6
20M-40M-80M200920112013201520172019202120232025

Total assetsUSD 94.6M
EquityUSD 76.6M
CashUSD 18.0M
Gross debtUSD 0.00
Net debtUSD -18.0M
Current ratio15.73×

The company holds more cash than debt.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0··
Operating income $B−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.5−0.1−0.0−0.0−0.0−0.0··
EBITDA $B−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.5−0.1−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.0−0.0−0.0−0.0−0.1−0.00.00.0····
Net income $B−0.0−0.1−0.1−0.1−0.1−0.1−0.2−0.1−0.1−0.4−0.1−0.0−0.00.0−0.0··
Free cash flow $B−0.0−0.1−0.1−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.0−0.00.0−0.0−0.0−0.0
EPS, diluted $−0.17−0.38−0.44−0.46··−2.89−1.21−1.56−7.24−1.38−1.80−0.922.07−0.89··
Dividend / sh $·················
Payout %·················
ROE %−38.5−68.8−60.0−45.4−56.2−73.0−112.6−29.8−43.8−102.4−19.7−52.8−28.1128.3−125.9·−39.0
Shares out B0.190.190.170.160.140.090.060.060.060.050.050.020.020.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 4 failures in 62 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 14 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente4 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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