Arbutus Biopharma Corp(ABUS)Stock Analysis
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Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
ABUS Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Arbutus Biopharma Corp (ABUS), a Healthcare sector company. ABUS is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Arbutus Biopharma Corp reports quarterly revenue of $179.1M, net income of $169.7M, an operating margin of 94.3%. Top institutional holders of ABUS by reported 13-F value include MORGAN STANLEY, Two Seas Capital, Whitefort Capital Management,, based on the most recent SEC filings. ABUS trades on the Nasdaq exchange and files with the SEC under CIK 1447028. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ABUS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Arbutus Biopharma Corp directly from SEC EDGAR. Arbutus Biopharma Corp's 13F Pro composite quality score has ranged between 3 and 29 since 2021, currently 7.5 — an improving long-term trajectory across 20 quarterly and live scoring snapshots.
Revenue
Q1 2026
$179.1M
Net Income
Q1 2026
$169.7M
Free Cash Flow
Q1 2026
$-8.1M
Operating Margin
Q1 2026
94.3%
D/E Ratio
Q1 2026
0.00
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-22.4% YoYNet Income
+54.0% YoYOperating Income
+51.1% YoYEPS (Diluted)
+61.4% YoYTotal Assets
-34.5% YoYTotal Debt
Op. Cash Flow
+53.9% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $14.1M -22.4% | $18.1M -53.5% | $39.0M +549.1% | $6.0M +1.1% | $5.9M -44.4% | $10.7M |
| Net Income | $-33.5M +54.0% | $-72.8M -4.9% | $-69.5M +54.8% | $-153.7M -169.4% | $-57.1M +32.4% | $-84.4M |
| Operating Income | $-38.2M +51.1% | $-78.1M -19.3% | $-65.5M +54.5% | $-143.9M -60.3% | $-89.8M +19.1% | $-110.9M |
| EPS (Diluted) | $-0.17 +61.4% | $-0.44 +4.3% | $-0.46 | — | $-1.21 +22.4% | $-1.56 |
| Total Assets | $94.6M -34.5% | $144.4M -26.1% | $195.4M +85.2% | $105.5M -53.7% | $227.9M -3.9% | $237.2M |
| Total Debt | $0.00 | $0.00 | $0.00 | — | — | — |
| Operating Cash Flow | $-39.6M +53.9% | $-85.9M -143.1% | $-35.4M +50.2% | $-71.0M -4.6% | $-67.9M -39.5% | $-48.6M |
AI Insight: ABUS Financial Trends
Q1 2026 revenue surged 1,700% to $179M, driving profitability of $170M net income after eight quarters of losses.
• Revenue exploded from $1M in Q4 2025 to $179M in Q1 2026; net income swung to $170M profit.
• Operating income turned positive at $169M in Q1 2026 after nine consecutive quarters of operating losses.
• Equity surged 238% from $79M in Q1 2025 to $260M in Q1 2026; zero debt throughout.
⚠ Operating cash flow remains negative at $-8M in Q1 2026 despite $170M net income; quality of earnings concern.
⚠ Revenue volatility extreme: Q2 2025 spike to $11M followed by collapse to $1M; sustainability unclear.
AI Insight: ABUS Ratio Trends
Arbutus swung from sustained losses through 2024–early 2025 to near-94% operating margins in Q1 2026, but profitability remains volatile quarter-to-quarter.
• Operating margin jumped to 94.3% in Q1 2026 from 13.9% in Q2 2025; net profit margin similarly surged to 94.7% from 23.5%.
• TTM operating margin of 81.7% and NPM of 84.0% reflect strong recent performance, but Q3 and Q4 2025 both posted negative ROA and ROIC.
• Debt-to-equity ratio remains 0.00 throughout the period; no leverage risk.
⚠ Q3 and Q4 2025 returned to losses (ROA −31.7%, −15.9%) after Q2 2025 profitability; Q1 2026 rebound needs confirmation to rule out seasonality.
⚠ Company transitioned from deep losses in 2024 and Q1 2025 (ROE −123.9%) to positive returns; sustainability of turnaround unproven.
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Available Research
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Top Institutional Holders of ABUS
MORGAN STANLEY
$116.5M25,891,480 shTwo Seas Capital LP
$83.5M18,557,543 shWhitefort Capital Management, LP
$67.2M14,930,885 shBlackRock, Inc.
$58.4M12,966,946 shVANGUARD CAPITAL MANAGEMENT LLC
$30.1M6,688,911 shRubric Capital Management LP
$29.8M6,626,389 shSTATE STREET CORP
$28.5M6,342,510 shBARCLAYS PLC
$19.4M4,316,095 shGEODE CAPITAL MANAGEMENT, LLC
$17.0M3,771,806 shADAR1 Capital Management, LLC
$14.1M3,133,175 sh
| Fund | Value | Shares |
|---|---|---|
| MORGAN STANLEY | $116.5M | 25,891,480 |
| Two Seas Capital LP | $83.5M | 18,557,543 |
| Whitefort Capital Management, LP | $67.2M | 14,930,885 |
| BlackRock, Inc. | $58.4M | 12,966,946 |
| VANGUARD CAPITAL MANAGEMENT LLC | $30.1M | 6,688,911 |
| Rubric Capital Management LP | $29.8M | 6,626,389 |
| STATE STREET CORP | $28.5M | 6,342,510 |
| BARCLAYS PLC | $19.4M | 4,316,095 |
| GEODE CAPITAL MANAGEMENT, LLC | $17.0M | 3,771,806 |
| ADAR1 Capital Management, LLC | $14.1M | 3,133,175 |
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Popular Research
Is ABUS a good stock to buy?
13F Pro's AI-powered analysis of Arbutus Biopharma Corp (ABUS) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ABUS are available on the ABUS stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ABUS?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ABUS. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Arbutus Biopharma Corp's investment landscape.