Filing Flows › OmniAb (OABI) › Q3 2026
OmniAb (OABI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
OmniAb (OABI) reported revenue of $4.0M for the third quarter 2026 (Q3 2026), +78% from a year earlier and -70% from the quarter before. Operating margin was -409.9%, net loss $15.7M (393.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | -70% | +78% |
| Operating profit | −$16.4M | — | — |
| Net earnings | −$15.7M | — | — |
| Operating cash flow | $10.6M | +295% | — |
What changed
Revenue was $4.0M in Q3 2026, up 78% year over year and down 70% from the previous quarter. Service revenue was the largest line at 71% of revenue. Service revenue added $1.6M year over year (up 139%), 94% of the total change. License and milestone revenue declined 84%.
Operating costs exceeded revenue by $16.4M, an operating margin of -409.9%. Total costs fell 0% while revenue rose 78%. The fastest-growing cost line was Other operating costs (+11%). The quarter ended with a net loss of $15.7M, wider than the previous quarter's $5.9M loss.
Operating cash flow was $10.6M. Non-cash charges added back $3.6M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $19.7M.
Questions
What was OmniAb's revenue in the third quarter 2026?
OmniAb (OABI) reported revenue of $4.0M for the third quarter 2026 (Q3 2026), +78% from a year earlier and -70% from the quarter before.
Was OmniAb profitable in the third quarter 2026?
Operating loss was $16.4M (-409.9% of revenue) and net loss $15.7M.
Source: OmniAb 10-Q on SEC EDGAR.