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OmniAb (OABI) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 4, 2026

OmniAb (OABI) reported revenue of $8.4M for the fourth quarter 2025 (Q4 2025), -22% from a year earlier and +274% from the quarter before. Operating margin was -188.2%, net loss $14.2M (169.3% of revenue).

Revenue$8.4M
Year over year-22%
Quarter over quarter+274%
Operating margin-188.2%
Net earnings−$14.2M

OmniAb, Q4 2025: revenue $8.4M (-22% year over year), operating margin -188.2%, net loss $14.2M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$8.4M+274%-22%
Operating profit−$15.8M——
Net earnings−$14.2M——
Operating cash flow−$5.7M——

What changed

Revenue was $8.4M in Q4 2025, down 22% year over year and up 274% from the previous quarter.

Operating costs exceeded revenue by $15.8M, an operating margin of -188.2%. Total costs fell 10% while revenue fell 22%. The quarter ended with a net loss of $14.2M, narrower than the previous quarter's $16.5M loss.

Operating cash flow was −$5.7M. Non-cash charges added back $7.7M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $9K exceeded it, leaving free cash flow of −$5.7M.

Questions

What was OmniAb's revenue in the fourth quarter 2025?

OmniAb (OABI) reported revenue of $8.4M for the fourth quarter 2025 (Q4 2025), -22% from a year earlier and +274% from the quarter before.

Was OmniAb profitable in the fourth quarter 2025?

Operating loss was $15.8M (-188.2% of revenue) and net loss $14.2M.

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Source: OmniAb 10-K on SEC EDGAR.