Short answer
OmniAb, Inc. (OABI) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $14M (up 247.3% year over year) with net income of −$8M.
Q1 2026 key financials · XBRL
- Revenue
- $14M
- +247.3% YoY
- Net income
- −$8M
- +57.7% YoY
- Operating margin
- -54.3%
- EPS (diluted)
- −$0.06
- +64.7% YoY
Source: XBRL data from the OmniAb, Inc. (OABI) Q1 2026 10-Q on SEC EDGAR. USD.
OmniAb, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $14.4M, up 247% YoY from $4.2M, driven by license and milestone revenue of $12.0M
- Net loss $7.7M vs $18.2M YoY; effective tax rate (6.1)% vs 0.6%
- License and milestone revenue best-performing line, up $10.0M; service revenue $2.1M, up 11%
- Cash, equivalents and short-term investments $49.1M; operating cash use $4.9M vs $15.9M YoY
- Liquidity sufficient through at least next 12 months; potential headwinds from lower platform demand, tariffs and geopolitical instability
Risk Factors
- No risk-factors section provided in the submitted text
- No newly added risk or 10-K comparison disclosed
- No regulatory, legal, operational, competitive, market, or financial risk details disclosed
- No officer or director adopted, modified, or terminated Rule 10b5-1 arrangements during the three months ended March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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