OmniAb Q2 FY26 net loss narrows to $5.86 million; revenue more than doubled to $13.42 million

Reuters2026/08/06 20:18

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OmniAb posted Q2 revenue of $13.4 million, more than doubled from the year-earlier period, driven primarily by milestone revenue.
Net loss narrowed to $5.9 million, or $0.05 per share, from $15.9 million, or $0.15 per share, a year earlier.
Cash costs and operating expenses (non-GAAP) rose to $13.3 million from $11.9 million; total GAAP costs and operating expenses were flat at $20.1 million.
Raised 2026 revenue outlook to $32 million-$36 million; year-end cash and cash equivalents forecast lifted to $37 million-$41 million.
Quarter included new license agreements with EnRosa Therapeutics and argenx; 110 active partners and 425 active programs, including 34 in clinical development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OmniAb Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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OmniAb Q2 FY26 net loss narrows to $5.86 million; revenue more than doubled to $13.42 million

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