Filing Flows › Omeros (OMER) › Q2 2026 › vs Q1 2026
Omeros (OMER) Q2 2026 vs Q1 2026 (quarter over quarter)
Omeros's revenue rose $18.6M (+188%) from $9.9M in Q1 2026 to $28.5M in Q2 2026. Operating margin 0.3% against -176.1% (+176.4 pts).
Omeros, Q2 2026: revenue $28.5M, operating margin 0.3%, net earnings $13.2M, operating cash flow $4.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 0.3% | -176.1% | +176.4 pts |
| Net margin | 46.4% | 566.7% | -520.3 pts |
| Free cash flow margin | 14.4% | -146.6% | +161.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $28.5M | $9.9M | $18.6M | +188% |
| Other income, net | $13.2M | $73.5M | −$60.4M | -82% |
| Operating profit | $74K | −$17.4M | $17.5M | — |
| Costs & expenses | $28.5M | $27.3M | $1.1M | +4% |
| Pre-tax earnings | $13.3M | $56.1M | −$42.9M | -76% |
| Cost of revenue | $798K | $587K | $211K | +36% |
| Research & development | $13.8M | $13.4M | $440K | +3% |
| SG&A | $13.9M | $13.4M | $490K | +4% |
| Net earnings | $13.2M | $56.1M | −$42.8M | -76% |
| Income tax | $29K | $57K | −$28K | -49% |
| Depreciation & amortization | $193K | $239K | −$46K | -19% |
| Share-based compensation | $1.6M | $1.9M | −$268K | -14% |
| Working capital & other | $10.9M | $72.7M | −$61.8M | -85% |
| Operating cash flow | $4.1M | −$14.5M | $18.7M | — |
| Free cash flow (OCF − capex) | $4.1M | −$14.5M | $18.6M | — |
| Capital expenditures | $45K | $0 | $45K | — |
Questions
How much did Omeros's revenue grow quarter over quarter in Q2 2026?
Omeros's revenue rose $18.6M (+188%) from $9.9M in Q1 2026 to $28.5M in Q2 2026. Operating margin 0.3% against -176.1% (+176.4 pts).