10-Q quarterly report · filed Aug 12, 2026

OMEROS CORP (OMER) Q2 2026 10-Q Quarterly Report

Short answer

OMEROS CORP (OMER) filed its Q2 2026 10-Q quarterly report on Aug 12, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $29M with net income of $13M.

Q2 2026 key financials · XBRL

Revenue
$29M
+188.4% QoQ
Net income
$13M
+152.0% YoY · −76.4% QoQ
Operating margin
0.3%
EPS (diluted)
$0.15
+134.9% YoY · −75.8% QoQ

Source: XBRL data from the OMEROS CORP (OMER) Q2 2026 10-Q on SEC EDGAR. USD.

OMEROS CORP Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Product sales $28.5M vs $0 YoY, reflecting YARTEMLEA launch and physician adoption
  • Gross margin 97.2%, based on $28.5M revenue and $0.8M product costs
  • R&D expense $13.8M vs $22.0M YoY; SG&A $13.9M vs $10.3M
  • Cash, equivalents and short-term investments $132.0M; operating cash flow $4.1M
  • Q3 R&D and SG&A expected higher, driven by YARTEMLEA and OncotoX-AML investment

Risk Factors

  • Newly added risk: $100.0 million share-repurchase program authorized in November 2025
  • Most material update: 488,716 shares repurchased at $11.70 average during the quarter
  • Market risk: Repurchases could increase volatility, reduce liquidity, or precede stock-price declines
  • Regulatory risk: Program suspension or termination remains subject to corporate and regulatory requirements
  • Financial risk: $90.1 million remained available for future repurchases as of August 12, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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