OmniAb is transitioning from early-stage biotech to a scalable platform, driven by milestone-rich partnerships like the recent Eli Lilly deal. OABI's 110 partners and 425 programs are generating higher, more predictable milestone revenues, with $340M in clinical-stage milestone potential and a $3B+ total milestone pool. The Lilly collaboration validates OABI's technology, offers high-margin, capital-light economics, and has directly improved 2026 cash guidance to $49–$53M.
OmniAb, Inc. (OABI) Q2 2026 Earnings Call Transcript
OmniAb NASDAQ: OABI reported higher second-quarter revenue and a narrower net loss as milestone payments from partner programs increased, while the company raised its full-year 2026 revenue and year-end cash outlook.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 88 | $138.85 | $178.64 | $39.79 | 28.66% |
| BG Bart Gancher Intech Investment Management LLC | 27,824 | $66,777.6 | $85,144.22 | $18,366.62 | 27.5% |
| NSS Neil S. Shapiro Towerview LLC | 1.18M | $3.76M | $2.34M | -$1.42M | -37.88% |
Joseph Castro Nuveen LLC | 642,811 | $1.08M | $2.18M | $1.1M | 102.16% |
Bobby Adusumilli SJS Investment Consulting Inc. | 3 | $4.71 | $5.94 | $1.23 | 26.11% |
| Biotechnology Industry | Healthcare Sector | Matthew W. Foehr CEO | NASDAQ (NMS) Exchange | 68218J103 CUSIP |
| US Country | 89 Employees | - Last Dividend | - Last Split | 30 Sep 2021 IPO Date |
OmniAb, Inc. is a pioneering biotechnology company based in the United States that specializes in the discovery and development of therapeutic antibody technologies. Founded in 2012, and with its headquarters in Emeryville, California, the company leverages a unique platform to create and screen a wide array of antibody repertoires. This enables the identification of optimal antibodies to aid the drug development efforts of their partners. OmniAb's cutting-edge technology is underpinned by the biological intelligence of proprietary transgenic animals. These animals, which include OmniRat, OmniChicken, and OmniMouse, have been genetically modified to produce antibodies with human sequences, thus streamlining the development of human therapeutic candidates.
OmniAb, Inc. offers a comprehensive portfolio of technologies and capabilities aimed at advancing therapeutic discovery and development. These include: