Omeros Q1 net income $56.1M on $73.1M non-cash gain; YARTEMLEA net sales $9.9M

OMEROS CORP

2026-Q1 EPS reported $0.62 revenue$9,893,000

GAAP net income $56.1M ($0.78/share) vs. net loss $33.5M ($0.58) in Q1 2025; includes $73.1M non-cash gain on embedded derivatives.
Non-GAAP adjusted net loss $17.1M ($0.24/share); total operating expenses fell 22% to $27.3M.
YARTEMLEA launch in Jan 2026: gross sales $11.1M, net sales $9.9M; CMS assigned J-code (eff. July 1) and recommended NTAP (eff. Oct 1).
Cash and short-term investments $135.3M; repaid $17.1M 2026 Notes; only $70.8M 2029 Notes remain (mature June 2029).
Repurchased 0.4M shares at avg $11.70 for $4.2M; MAA for YARTEMLEA under EMA review with decision expected mid-2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OMEROS CORP reported the three months ended March 31, 2026 results: net income Net income for the first quarter of 2026 was $56.1 million, or $0.78 per share, EPS $0.78 per share.

Period: the three months ended March 31, 2026
Net income: Net income for the first quarter of 2026 was $56.1 million, or $0.78 per share
EPS: $0.78 per share
Result: reported results

Exact text from the filing

On May 13, 2026, Omeros Corporation issued a press release announcing financial results for the three months ended March 31, 2026.

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OMEROS CORP filing history →

Source: SEC EDGAR

accession 0001437749-26-016718

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