secwatch.observer — SEC 8-K summary
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Issuer:     OmniAb, Inc. (OABI)
CIK:        0001846253
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001846253-26-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OmniAb Q1 revenue $14.4M vs $4.2M YoY; raises 2026 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846253/000184625326000035/0001846253-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846253/000184625326000035/oabi-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001846253-26-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer