Filing Flows › Omeros (OMER) › Q1 2026
Omeros (OMER) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Omeros (OMER) reported revenue of $9.9M for the first quarter 2026 (Q1 2026). Operating margin was -176.1%, net earnings $56.1M (566.7% of revenue).
Omeros, Q1 2026: revenue $9.9M, operating margin -176.1%, net earnings $56.1M, operating cash flow −$14.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.9M | — | — |
| Operating profit | −$17.4M | — | — |
| Net earnings | $56.1M | — | — |
| Operating cash flow | −$14.5M | — | — |
What changed
Revenue was $9.9M in Q1 2026.
Operating costs exceeded revenue by $17.4M, an operating margin of -176.1%. Net earnings were $56.1M. The effective tax rate was 0.1%. Non-operating items added $73.5M, 131% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$14.5M. Non-cash charges added back $239K of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $72.7M.
Questions
What was Omeros' revenue in the first quarter 2026?
Omeros (OMER) reported revenue of $9.9M for the first quarter 2026 (Q1 2026).
Was Omeros profitable in the first quarter 2026?
Operating loss was $17.4M (-176.1% of revenue) and net earnings $56.1M.
Source: Omeros 10-Q on SEC EDGAR.