Filing Flows › Omeros (OMER) › Q2 2026
Omeros (OMER) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Omeros (OMER) reported revenue of $28.5M for the second quarter 2026 (Q2 2026) and +188% from the quarter before. Operating margin was 0.3%, net earnings $13.2M (46.4% of revenue).
Omeros, Q2 2026: revenue $28.5M, operating margin 0.3%, net earnings $13.2M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.5M | +188% | — |
| Operating profit | $74K | — | — |
| Net earnings | $13.2M | -76% | — |
| Operating cash flow | $4.1M | — | — |
| Free cash flow | $4.1M | — | — |
What changed
Revenue was $28.5M in Q2 2026, up 188% from the previous quarter.
Operating profit was $74K, a 0.3% margin. Net earnings were $13.2M. The effective tax rate was 0.2%. Non-operating items added $13.2M, 99% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $4.1M, 31% of net earnings. Non-cash charges added back $193K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $10.9M. Capital expenditures of $45K left free cash flow of $4.1M.
Questions
What was Omeros' revenue in the second quarter 2026?
Omeros (OMER) reported revenue of $28.5M for the second quarter 2026 (Q2 2026) and +188% from the quarter before.
Was Omeros profitable in the second quarter 2026?
Operating profit was $74K (0.3% of revenue) and net earnings $13.2M.
Source: Omeros 10-Q on SEC EDGAR.