Filing Flows › OmniAb (OABI) › Q3 2026 › vs Q2 2026
OmniAb (OABI) Q3 2026 vs Q2 2026 (quarter over quarter)
OmniAb's revenue fell $9.4M (-70%) from $13.4M in Q2 2026 to $4.0M in Q3 2026. The biggest changes: License and milestone revenue −$9.4M (-99%); xPloration revenue −$458K (-39%); Service revenue +$362K (+15%).
OmniAb, Q3 2026: revenue $4.0M (+78% year over year), operating margin -409.9%, net loss $15.7M, operating cash flow $10.6M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Service revenue | $2.8M | $2.5M | $362K | +15% |
| xPloration revenue | $703K | $1.2M | −$458K | -39% |
| Royalty revenue | $355K | $266K | $89K | +33% |
| License and milestone revenue | $100K | $9.5M | −$9.4M | -99% |
| Revenue | $4.0M | $13.4M | −$9.4M | -70% |
| Other income, net | $513K | $425K | $88K | +21% |
| Income tax benefit | $127K | $353K | −$226K | -64% |
| Net loss | $15.7M | $5.9M | $9.9M | +168% |
| Costs & expenses | $20.4M | $20.1M | $309K | +2% |
| Operating costs | $20.4M | $20.1M | $309K | +2% |
| Research & development | $9.6M | $9.6M | −$33K | -0.3% |
| General & admin | $7.2M | $6.7M | $591K | +9% |
| Other operating costs | $3.6M | $3.8M | −$249K | -7% |
| Operating cash sources | $26.3M | $8.5M | $17.8M | +208% |
| Depreciation & amortization | $3.6M | $3.7M | −$100K | -3% |
| Share-based compensation | $3.1M | $3.2M | −$101K | -3% |
| Working capital & other | $19.7M | $1.7M | $18.0M | 11× |
| Net loss absorbed | $15.7M | $5.9M | $9.9M | +168% |
| Operating cash flow | $10.6M | $2.7M | $7.9M | +295% |
Questions
How much did OmniAb's revenue grow quarter over quarter in Q3 2026?
OmniAb's revenue fell $9.4M (-70%) from $13.4M in Q2 2026 to $4.0M in Q3 2026.
What drove OmniAb's revenue change in Q3 2026?
License and milestone revenue −$9.4M (-99%); xPloration revenue −$458K (-39%); Service revenue +$362K (+15%).