Monitor whether OmniAb can achieve its ambitious 2026 revenue guidance given its declining fundamentals in 2025. The success of the new OmniUltra platform and xPloration program will be key drivers to watch.
Price Chart
Executive Summary
OmniAb reported a decline in revenue and net loss for 2025 compared to 2024, driven by lower license and milestone revenue. However, the company provided optimistic 2026 guidance, forecasting revenue growth of 41-61% year-over-year and highlighting new program launches and partner expansions.
Key Financial Metrics
Key Facts
- 2025 revenue was $18.7 million, down 29% from $26.4 million in 2024
- 2025 net loss was $64.8 million, or $0.57 per share
- Company guided for 2026 revenue of $25-$30 million (41-61% growth)
- Launched OmniUltra technology platform in December 2025
- Ended 2025 with 107 active partners and 407 active programs
Financial Impact
Revenue expected to grow $6.3-$11.3 million in 2026, but company maintains high cash burn with projected $80-$85 million in operating expenses
Risk Factors
- Revenue has declined for two consecutive years (down 29% in 2025)
- Company expects to end 2026 with only $30-$35 million in cash, down from $54 million at end of 2025
- High operating expenses ($80-$85 million projected for 2026) could pressure cash runway
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001846253-26-000006 |
| Document: oabi-20260304.htm | 0001846253-26-000006 |
| Document: 0001846253-26-000006-index-headers.html | 0001846253-26-000006 |
| Document: 0001846253-26-000006-index.html | 0001846253-26-000006 |
| Document: 0001846253-26-000006.txt | 0001846253-26-000006 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 13, 2026 15w ago | 8-K | $0.0809 $0.0800 | ▼ −1.11% | ▼ −4.30% | — |
Apr 7, 2026 28w ago | 144 | $0.0900 $0.0900 | · 0.00% | ▼ −8.54% | — |
Apr 7, 2026 28w ago | 144 | $0.0900 $0.0900 | · 0.00% | ▼ −8.54% | — |
Apr 7, 2026 28w ago | 144 | $0.0900 $0.0900 | · 0.00% | ▼ −8.54% | — |
Mar 4, 2026 33w ago | 8-K | — | awaiting T+20 | — | — |
US Market Status
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