earnings
confidence high
sentiment positive
materiality 0.75
OmniAb Q1 revenue $14.4M vs $4.2M YoY; raises 2026 guidance
OmniAb, Inc.
2026-Q1 EPS reported
-$0.06
revenue$14,427,000
- Revenue Q1 2026 $14.4M (up 243% YoY) driven by milestone revenue.
- R&D expense $9.6M (down 24% YoY); G&A expense $6.6M (down 16% YoY).
- Amortization included $2.9M non-cash impairment from discontinued small-molecule programs.
- Cash operating expenses (non-GAAP) $12.3M, down from $14.7M YoY.
- 2026 revenue guidance raised; management highlights OmniUltra launch and partner progress.