OmniAb, Inc. logo OABI - OmniAb, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $4.00 DETAILS
HIGH: $4.00
LOW: $4.00
MEDIAN: $4.00
CONSENSUS: $4.00
UPSIDE: 50.94%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3
Revenue
Revenue 14.4 8.4 2.2 3.9 4.2 10.8 4.2 7.6 3.8 4.8 5.5 6.9 16.9 35.3 6.9 7.2 9.6 15.3 6.3 5.6 6.6 13.3 5.0
Cost of Revenue 6 7.7 4.7 0.3 0 0 0 0 0 0 4.8 4.9 4.4 3.3 4.5 4.5 4.0 3.2 0 0 0 0 0
Gross Profit 8.4 0.7 (2.4) 3.6 4.2 10.8 4.2 7.6 3.8 4.8 0.6 2.1 12.6 32.1 2.4 2.7 5.6 12.1 6.3 5.6 6.6 13.3 5.0
Operating Expenses
R&D Expenses 9.6 13.9 10.4 10.9 12.6 13.3 13.3 13.9 14.6 14.8 13.9 14.1 13.8 12.9 13.2 11.5 10.8 11.0 9.9 8.9 9.1 7.4 7.5
SG&A Expenses 6.6 6.8 5.3 7.7 7.9 7.4 7.1 8.0 8.3 7.9 7.1 7.3 7.2 10.2 4.3 3.6 3.5 4.3 3.7 4.8 4.5 3.2 2.6
Other Expenses 0.1 (4.4) 0.0 1.3 2.5 6.0 3.5 2.0 3.5 3.4 0 0 0 0 0 0 0 0 2.5 2.5 3.4 5.1 3.1
Operating Expenses 16.3 16.3 15.7 19.9 23.0 26.7 23.9 23.9 26.4 26.0 20.9 21.4 21.0 23.1 17.5 15.1 14.3 15.4 16.1 16.2 17.0 15.7 13.3
Operating Income
Operating Income (7.9) (15.6) (18.2) (16.2) (18.8) (15.9) (19.8) (16.3) (22.6) (21.2) (20.3) (19.3) (8.4) 8.9 (15.1) (12.4) (8.7) (3.3) (9.8) (10.6) (10.4) (2.4) (8.3)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0
Interest Income 0.2 1.2 0.5 0.4 0.5 0.7 0.7 0.8 1.0 1.2 1.3 1.3 1.3 0.6 0 0 0 0 0 0 0 0.0 0
Profitability
EBITDA (1.9) (7.9) (10.7) (14.6) (14.1) (8.3) (14.8) (10.2) (17.6) (16.3) (14.2) (13.3) (2.8) 12.9 (10.4) (8.1) (4.2) (0.6) (3.5) (7.7) (6.5) 3.0 (5.3)
EBIT (7.9) (15.6) (15.4) (19.2) (18.8) (15.9) (19.8) (16.3) (22.6) (21.2) (19.0) (18.2) (7.1) 9.6 (14.9) (12.6) (8.2) (3.8) (9.8) (11.4) (10.2) (0.5) (8.3)
Income Before Tax (7.7) (14.5) (15.4) (15.8) (18.3) (15.2) (19.1) (15.5) (21.6) (20.0) (19.0) (18.2) (7.1) 9.6 (14.9) (12.6) (8.2) (3.8) (9.8) (10.6) (10.4) (2.4) (8.3)
Income Tax Expense 0 (0.4) 1.2 0.1 (0.1) (2.2) (2.7) (1.9) (2.6) (6.0) (3.3) (3.4) (1.0) 2.8 (2.3) (2.3) (1.9) (0.7) (1.9) (2.0) (2.3) (2.2) (1.6)
Net Income (7.7) (14.2) (16.5) (15.9) (18.2) (13.1) (16.4) (13.6) (19.0) (14.1) (15.7) (14.7) (6.1) 6.8 (12.6) (10.3) (6.3) (3.1) (7.9) (8.6) (8.0) (0.2) (6.7)
Per Share Data
EPS (Basic) -0.06 -0.11 -0.14 -0.15 -0.17 -0.12 -0.16 -0.13 -0.19 -0.14 -0.16 -0.15 -0.06 0.07 -0.02 -0.09 -0.05 -0.00 -0.00 -0.08 -0.00 -0.00 -0.06
EPS (Diluted) -0.06 -0.11 -0.14 -0.15 -0.17 -0.12 -0.16 -0.13 -0.19 -0.14 -0.16 -0.15 -0.06 0.07 -0.02 -0.09 -0.05 -0.00 -0.00 -0.08 -0.00 -0.00 -0.06
Shares Outstanding 128.3 127.8 114.7 106.1 105.6 104.8 102.4 101.5 100.8 100.2 99.9 99.5 99.2 93.3 114.8 114.8 114.8 114.8 114.8 114.8 114.8 114.8 114.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 29.0 25.5 28.5 18.3 10.9 27.6 27.2 20.8 19.1 16.4 21.2 21.0 22.9 33.4 0.0 0 0.4 0 0 0.0 0 0
Short-Term Investments 20.0 28.5 31.0 23.3 32.7 31.8 32.1 36.4 49.9 70.6 75.4 82.2 90.7 54.9 0 0 0 0 0 0 0 0
Net Receivables 12.6 7.4 3.1 2.7 6.5 5.3 3.5 6.9 4.0 3.8 6.1 8.6 1.8 30.3 0 8.2 0 21.1 4.8 0 0 15.9
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 3.4 3.9 1.6 3.3 3.5 3.4 3.7 3.2 3.7 4.1 4.1 4.2 5.7 6.4 0 4.0 0 1.4 1.0 0 0 0.8
Total Current Assets 65.1 65.3 66.3 47.6 53.6 68.1 66.6 67.3 76.7 94.9 106.8 115.9 121.1 125.0 0.4 13.2 1.1 22.5 5.8 0.0 0 16.6
Non-Current Assets
Property, Plant & Equipment 24.1 25.0 29.4 30.7 31.9 33.3 34.7 36.2 37.3 38.1 38.9 40.1 40.3 41.5 0 38.1 0 20.1 14.5 0 0 6.0
Goodwill 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 84.0 0 84.0 0 84.0 84.1 0 0 84.0
Intangible Assets 119.1 125.1 128.4 131.6 134.8 138.1 144.1 147.5 152.1 155.5 158.8 161.9 164.4 167.2 0 169.1 0 176.3 177.7 0 0 186.6
Long-Term Investments 0 0 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 235.8 0 0 0 0 0
Other Non-Current Assets 1.4 1.5 1.0 1.7 1.8 2.1 2.2 2.3 2.5 2.7 3.2 3.3 3.3 3.6 237.2 1.5 0 1.5 1.5 0.6 0.4 2.1
Total Non-Current Assets 228.5 235.6 243.3 248.1 252.6 257.4 264.9 270.0 275.8 280.3 284.9 289.3 292.0 296.3 237.2 293.4 235.8 281.9 277.7 0.6 0.4 278.7
Total Assets 293.6 300.9 309.7 295.7 306.2 325.6 331.6 337.3 352.6 375.2 391.7 405.2 413.0 421.2 237.6 306.6 236.9 304.5 283.4 0.6 0.4 295.4
Current Liabilities
Account Payables 1.7 1.9 1.9 2.0 1.9 2.3 2.2 2.8 3.6 4.4 2.5 2.4 2.5 3.0 6.3 7.4 0 2.9 1.8 0 0 0.5
Short-Term Debt 3.9 3.9 3.9 0 0 0 0 0 0 0 0 0 0 0 0.8 0 0.5 0 0 0.2 0.1 0
Deferred Revenue 2.9 3.2 1.6 1.0 1.7 2.3 2.5 2.9 5.5 6.8 7.4 7.3 6.9 8.2 0 10.2 0 10.8 0 0 0 7.2
Other Current Liabilities 5.0 7.3 1.2 5.5 3.6 6.2 5.2 4.1 4.1 6.6 6.4 6.1 5.0 8.2 1.6 4.0 5.0 4.9 9.0 0.4 0.3 3.8
Total Current Liabilities 13.6 16.3 13.3 12.6 11.4 15.1 14.4 14.2 17.5 23.1 25.1 24.2 21.7 26.0 10.3 24.0 5.5 20.6 14.4 0.6 0.4 14.3
Non-Current Liabilities
Long-Term Debt 15.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.1 0 0 0 0 0
Deferred Tax Liabilities 1.2 0.8 1.2 2.3 2.2 2.3 4.1 6.8 8.7 11.4 13.9 17.2 20.4 21.3 0 18.3 0 22.0 0 0 0 28.9
Other Non-Current Liabilities 0.5 0.4 0.6 0.7 0.4 1.0 1.2 1.2 3.2 3.2 3.6 3.4 3.7 4.1 4.0 4.6 0 5.1 32.1 0 0 6.4
Total Non-Current Liabilities 17.4 17.6 19.0 21.0 21.3 22.9 25.4 28.9 33.6 37.5 42.1 47.2 50.6 53.8 4.0 55.7 8.1 49.6 41.0 0 0 45.6
Total Liabilities 31.0 33.9 32.2 33.6 32.7 37.9 39.8 43.1 51.2 60.6 67.2 71.4 72.2 79.8 14.3 79.7 13.5 70.2 55.4 0.6 0.4 59.8
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 237.2 0 235.8 0 228.0 0.0 0.0 0
Retained Earnings (173.9) (166.2) (152) (135.5) (119.6) (101.4) (88.3) (72.0) (58.3) (39.4) (25.3) (9.6) 5.2 11.3 (13.9) 0 (12.4) 0 0 (0.0) (0.0) 0
Accumulated Other Comprehensive Income (0.0) 0.0 0.0 (0.0) 0.0 0.0 0.0 (0.0) (0.0) 0.1 (0.0) (0.0) 0.0 0.0 0 0 234.3 0 0 0 235.5 0
Total Stockholders' Equity 262.6 267.0 277.4 262.1 273.5 287.6 291.7 294.2 301.4 314.6 324.5 333.8 340.8 341.4 223.3 226.9 223.4 234.3 228.0 0.0 0.0 235.5
Total Liabilities & Equity 293.6 300.9 309.7 295.7 306.2 325.6 331.6 337.3 352.6 375.2 391.7 405.2 413.0 421.2 237.6 306.6 236.9 304.5 283.4 0.6 0.4 295.4
Debt Metrics
Total Debt 19.7 20.3 21.1 21.8 22.5 23.2 23.8 24.3 24.9 25.6 26.2 26.5 25.9 25.8 0.8 26.6 8.6 13.8 9.6 0.2 0.1 2.6
Net Debt (9.4) (5.2) (7.5) 3.5 11.6 (4.4) (3.4) 3.5 5.9 9.2 4.9 5.5 3.0 (7.6) 0.7 26.6 8.1 13.8 9.6 0.1 0.1 2.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3
Operating Activities
Net Income (7.7) (14.2) (16.5) (15.9) (18.2) (13.1) (16.4) (13.6) (19.0) (14.1) (15.7) (14.7) (6.1) 6.8 (12.6) (10.3) (6.3) (3.1) (0.2) (0.0) (8.0) (0.2) (6.7)
Depreciation & Amortization 6.6 7.7 4.7 4.6 4.7 7.6 4.9 6.1 4.9 4.9 4.8 4.9 4.9 3.3 4.5 4.5 4.4 3.2 0 0 3.7 3.5 0
Stock-Based Compensation 3.3 3.6 0 4.1 4.1 5.1 5.3 5.4 5.7 5.9 6.3 6.5 6.1 0 5.3 3.8 3.1 0 0 0 3.9 2.4 2.5
Change in Working Capital (7.7) (2.9) (0.5) 3.9 (5.4) (1.4) 2.5 (5.8) (5.5) (0.0) 2.5 (2.7) 25.0 (18.7) 1.3 0.1 13.1 (1.8) (0.8) 0.0 6.2 (2.1) 0
Other Non-Cash Items 0.6 0.2 3.8 (1.9) (1.1) (0.3) (0.2) (2.4) (0.6) (0.8) (0.8) (0.8) (1.2) 12.3 (0.4) 0.5 (0.7) 4.3 (0.0) 0.0 (4.1) (2.2) 4.2
Operating Cash Flow (4.9) (5.7) (9.8) (5.1) (15.9) (3.9) (6.6) (12.2) (17.0) (9.1) (6.2) (10.0) 27.7 (2.7) (4.2) (3.9) 11.6 (4.7) (1.0) (0.0) 1.8 1.5 0
Investing Activities
Capital Expenditure (0.2) (0.0) (0.2) (0.2) (0.2) (0.0) (0.2) (0.8) (0.9) (0.1) (0.5) (0.8) (0.2) (17.2) (3.9) (4.3) (3.9) (4.1) (0.0) 0.0 (0.8) 0.0 0
Acquisitions 0 0 (3) 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (9.4) (8.3) (20.0) (8.3) (10.3) (14.6) (9.0) (11.3) (5.4) (25.7) (30.7) (17.1) (39.1) (54.8) 0 0 0 235.8 (235.8) 0 0 0 0
Sales/Maturities of Investments 18 11 12.5 17.8 9.6 15.1 13.6 25.1 26.7 31.4 38.3 26.4 4.2 0.1 0 0 0 1.3 0 0 0 0 0
Other Investing Activities 0 0 3 0 0 0 0 0 (0.4) (0.8) (0.8) (0.7) (2.1) (1.4) (1.0) 0 0 (1.2) 0 0 0 0 0
Investing Cash Flow 8.4 2.7 (7.7) 12.3 (0.9) 0.4 4.4 13.1 19.9 4.7 6.3 7.8 (37.2) (73.3) (4.9) (4.3) (3.9) 231.7 (235.8) 0 (0.8) 0.0 0
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.8) 0 0 0 0.1 (0.2) 0.1 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 (0.5) 0 0.0 1.0 8.6 0.8 (0.2) (0.5) (0.0) (0.1) (0.8) 14.1 9.1 8.1 (7.7) 9.7 0 0 (0.9) (1.6) 0
Financing Cash Flow 0 (0.1) 27.7 0.2 0.0 3.8 8.6 0.8 (0.2) (0.5) 0.2 0.5 (1.0) 110.0 9.1 8.1 (7.7) (227.4) 237.0 0.0 (0.9) (1.6) 0
Cash Position
Net Change in Cash 3.5 (3.0) 10.3 7.4 (16.7) 0.4 6.4 1.7 2.7 (4.9) 0.3 (1.8) (10.5) 33.4 0 0 0 (0.4) 0.3 0.0 0 0 0
Cash at Beginning 26.1 29.1 18.3 11.5 28.2 27.8 21.4 19.6 16.9 21.8 21.5 23.3 33.8 0.0 0 0 0 0.4 0.0 0 0 0 0
Cash at End 29.6 26.1 28.5 18.8 11.5 28.2 27.8 21.4 19.6 16.9 21.8 21.5 23.3 33.4 0 0 0 0 0.4 0.0 0 0 0
Free Cash Flow (5.1) (5.7) (9.9) (5.3) (16.1) (3.9) (6.7) (12.9) (18.0) (9.2) (6.7) (10.8) 27.5 (19.8) (8.1) (8.1) 7.7 (8.8) (1.0) 0 0.9 1.6 0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3
Income Statement
Revenue 14.4 8.4 2.2 3.9 4.2 10.8 4.2 7.6 3.8 4.8 5.5 6.9 16.9 35.3 6.9 7.2 9.6 15.3 6.3 5.6 6.6 13.3 5.0
Gross Profit 8.4 0.7 (2.4) 3.6 4.2 10.8 4.2 7.6 3.8 4.8 0.6 2.1 12.6 32.1 2.4 2.7 5.6 12.1 6.3 5.6 6.6 13.3 5.0
Operating Income (7.9) (15.6) (18.2) (16.2) (18.8) (15.9) (19.8) (16.3) (22.6) (21.2) (20.3) (19.3) (8.4) 8.9 (15.1) (12.4) (8.7) (3.3) (9.8) (10.6) (10.4) (2.4) (8.3)
Net Income (7.7) (14.2) (16.5) (15.9) (18.2) (13.1) (16.4) (13.6) (19.0) (14.1) (15.7) (14.7) (6.1) 6.8 (12.6) (10.3) (6.3) (3.1) (7.9) (8.6) (8.0) (0.2) (6.7)
EPS (Diluted) -0.06 -0.11 -0.14 -0.15 -0.17 -0.12 -0.16 -0.13 -0.19 -0.14 -0.16 -0.15 -0.06 0.07 -0.02 -0.09 -0.05 -0.00 -0.00 -0.08 -0.00 -0.00 -0.06
Balance Sheet
Cash & Equivalents 29.0 25.5 28.5 18.3 10.9 27.6 27.2 20.8 19.1 16.4 21.2 21.0 22.9 33.4 0.0 0 0.4 0 0 0.0 0 0
Total Assets 293.6 300.9 309.7 295.7 306.2 325.6 331.6 337.3 352.6 375.2 391.7 405.2 413.0 421.2 237.6 306.6 236.9 304.5 283.4 0.6 0.4 295.4
Total Debt 19.7 20.3 21.1 21.8 22.5 23.2 23.8 24.3 24.9 25.6 26.2 26.5 25.9 25.8 0.8 26.6 8.6 13.8 9.6 0.2 0.1 2.6
Stockholders' Equity 262.6 267.0 277.4 262.1 273.5 287.6 291.7 294.2 301.4 314.6 324.5 333.8 340.8 341.4 223.3 226.9 223.4 234.3 228.0 0.0 0.0 235.5
Cash Flow
Operating Cash Flow (4.9) (5.7) (9.8) (5.1) (15.9) (3.9) (6.6) (12.2) (17.0) (9.1) (6.2) (10.0) 27.7 (2.7) (4.2) (3.9) 11.6 (4.7) (1.0) (0.0) 1.8 1.5 0
Capital Expenditure (0.2) (0.0) (0.2) (0.2) (0.2) (0.0) (0.2) (0.8) (0.9) (0.1) (0.5) (0.8) (0.2) (17.2) (3.9) (4.3) (3.9) (4.1) (0.0) 0.0 (0.8) 0.0 0
Free Cash Flow (5.1) (5.7) (9.9) (5.3) (16.1) (3.9) (6.7) (12.9) (18.0) (9.2) (6.7) (10.8) 27.5 (19.8) (8.1) (8.1) 7.7 (8.8) (1.0) 0 0.9 1.6 0