---
title: "OMNIAB INC C/WTS (TO PUR COM) | 8-K: FY2026 Q1 Revenue: USD 14.43 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285612812.md"
datetime: "2026-05-07T20:30:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285612812.md)
  - [en](https://longbridge.com/en/news/285612812.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285612812.md)
generator: "portal-rs"
---

# OMNIAB INC C/WTS (TO PUR COM) | 8-K: FY2026 Q1 Revenue: USD 14.43 M

Revenue: As of FY2026 Q1, the actual value is USD 14.43 M.

EPS: As of FY2026 Q1, the actual value is USD -0.06.

EBIT: As of FY2026 Q1, the actual value is USD -8.316 M.

#### Segment Revenue

-   OmniAb, Inc. reported total revenue of $14.4 million for the first quarter of 2026, a significant increase from $4.2 million for the same period in 2025, primarily driven by milestone revenue .
-   License and milestone revenue was $12,025 thousand in Q1 2026, up from $2,021 thousand in Q1 2025 .
-   Service revenue increased to $2,107 thousand from $1,903 thousand year-over-year .
-   xPloration revenue rose to $54 thousand from $42 thousand year-over-year .
-   Royalty revenue also increased to $241 thousand in Q1 2026, compared to $188 thousand in Q1 2025 .

#### Operational Metrics

-   **Net Loss**: OmniAb, Inc.’s net loss for Q1 2026 was -$7.7 million, a substantial improvement from a net loss of -$18.2 million in Q1 2025 .
-   **Loss from Operations**: Loss from operations improved to -$7,829 thousand in Q1 2026 from -$18,844 thousand in Q1 2025 .
-   **Operating Costs**:
    -   Total costs and operating expenses were $22.3 million in Q1 2026, a slight decrease from $23.0 million in Q1 2025 .
    -   Cash costs and operating expenses (Non-GAAP) were $12.3 million in Q1 2026, down from $14.7 million in Q1 2025 .
    -   Research and development expense decreased to $9.6 million in Q1 2026 from $12.6 million in Q1 2025 .
    -   General and administrative expense decreased to $6.6 million in Q1 2026 from $7.9 million in Q1 2025 .
    -   Amortization of intangibles increased to $6.0 million in Q1 2026 from $3.2 million in Q1 2025, primarily due to a $2.9 million non-cash impairment .

#### Cash Flow

-   Operating cash flow and free cash flow data are not explicitly provided in the reference .

#### Unique Metrics

-   As of March 31, 2026, OmniAb, Inc. had 107 active partners and 409 active programs, including 32 OmniAb-derived programs in clinical development or being commercialized .
-   During Q1 2026, OmniAb, Inc. entered into a new license agreement with Florida State University .

#### Other Key Financial Metrics

-   **Cash and Cash Equivalents**: Increased to $29,046 thousand as of March 31, 2026, from $25,524 thousand as of December 31, 2025 .
-   **Short-term Investments**: Were $20,026 thousand as of March 31, 2026, down from $28,501 thousand as of December 31, 2025 .
-   **Total Assets**: Were $293,650 thousand as of March 31, 2026, compared to $300,914 thousand as of December 31, 2025 .
-   **Total Liabilities**: Decreased to $31,004 thousand as of March 31, 2026, from $33,887 thousand as of December 31, 2025 .
-   **Total Stockholders’ Equity**: Was $262,646 thousand as of March 31, 2026, decreasing from $267,027 thousand as of December 31, 2025 .

#### Outlook / Guidance

OmniAb, Inc. increased its 2026 revenue guidance to a range of $28 million to $33 million and expects total costs and operating expenses to be between $83 million and $88 million . The company anticipates ending 2026 with cash and cash equivalents in the range of $33 million to $38 million, projecting a full-year effective tax rate of approximately 0% .

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**