OmniAb Reports Third Quarter 2026 Financial Results and Business Highlights
Business Wire•30/10/2026•07:40 ET
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Key Highlights
- ➤2026 revenue guidance raised to $35 million-$39 million from $32 million-$36 million
- ➤Year-end cash outlook raised to $53 million-$57 million from $49 million-$53 million
- ➤Nine-month revenue $31.8 million, up from $10.3 million, driven primarily by milestone revenue
- ➤Lilly collaboration includes up to $370 million in milestone payments plus tiered royalties
- ➤Third-quarter revenue $4.0 million, up from $2.2 million; net loss narrowed to $15.7 million
Expert Statements
Matt Foehr, Chief Executive Officer of OmniAb
“Our strong third-quarter 2026 performance reflects our licensing execution and our focus on driving value for our stakeholders within an efficient business model built on highly differentiated technologies.”
Matt Foehr, Chief Executive Officer of OmniAb
“In addition, the expanded commercial launch of xPloration(®), the introduction of OmniTides™, and continued progress across our portfolio of milestone- and royalty-bearing partnered programs reinforce our confidence in the durability of our revenue base and our long-term growth potential.”
Matt Foehr, Chief Executive Officer of OmniAb
“Based on our performance to date and our expectation for the remainder of the year, we are again raising our revenue guidance and cash outlook.”
OmniAb Reports Third Quarter 2026 Financial Results and Business Highlights
Raises Full Year 2026 Revenue and Cash Outlook on Continued Business Momentum
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