Filing Flows › OmniAb (OABI) › Q2 2025
OmniAb (OABI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
OmniAb (OABI) reported revenue of $3.9M for the second quarter 2025 (Q2 2025), -49% from a year earlier and -6% from the quarter before. Operating margin was -416.2%, net loss $15.9M (407.4% of revenue).
OmniAb, Q2 2025: revenue $3.9M (-49% year over year), operating margin -416.2%, net loss $15.9M, operating cash flow −$5.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -6% | -49% |
| Operating profit | −$16.2M | — | — |
| Net earnings | −$15.9M | — | — |
| Operating cash flow | −$5.1M | — | — |
What changed
Revenue was $3.9M in Q2 2025, down 49% year over year and down 6% from the previous quarter. Service revenue was the largest line at 50% of revenue. Service revenue lost $2.2M year over year (down 54%), 60% of the total change.
Operating costs exceeded revenue by $16.2M, an operating margin of -416.2%. Total costs fell 16% while revenue fell 49%. The quarter ended with a net loss of $15.9M, narrower than the previous quarter's $18.2M loss.
Operating cash flow was −$5.1M. Non-cash charges added back $4.6M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $165K exceeded it, leaving free cash flow of −$5.3M.
Questions
What was OmniAb's revenue in the second quarter 2025?
OmniAb (OABI) reported revenue of $3.9M for the second quarter 2025 (Q2 2025), -49% from a year earlier and -6% from the quarter before.
Was OmniAb profitable in the second quarter 2025?
Operating loss was $16.2M (-416.2% of revenue) and net loss $15.9M.
Source: OmniAb 10-Q on SEC EDGAR.