OmniAb (OABI) Gross Margin (2024 - 2026)

OmniAb (OABI) posted quarterly Gross Margin of 99.9% for Q1 2026, down 3.0% year-over-year from 102.99% in Q1 2025, and little changed quarter-over-quarter from 99.89% in Q4 2025.

OmniAb (OABI) Gross Margin (2024 - 2026) Analysis & Trends

OmniAb (OABI) has reported Gross Margin for 3 consecutive years, with 99.9% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 3.0% year-over-year to 99.9%; the TTM figure through Mar 2026 stood at 98.91% (down 108.0% YoY), while the FY2025 annual figure was 98.38%, down 162.0% from the prior year.
  • Gross Margin was little changed at 99.9% in Q1 2026 per OABI's latest filing, from 99.89% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q2 2024 and bottomed at 93.28% in Q2 2025.
  • Historically, Gross Margin has averaged 98.96% across 3 years, with a median of 99.91% in 2025.
  • Annual changes were most pronounced in 2025 — Gross Margin plunged 672 bps — and 2026, when it declined 3 bps.
  • OmniAb's Gross Margin stood at 100.0% in 2024, then retreated by 0 bps to 99.89% in 2025, then rose by 0 bps to 99.9% in 2026.
  • Business Quant data shows OABI's Gross Margin at 99.9% in Q1 2026, 99.89% in Q4 2025, and 98.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 85.33%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 91.59%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 90.68%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 89.76%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 60,631,834.75%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 76.90%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 84.20%
10 OmniAb 491.42 Mn 439.42 Mn 12.81 Mn 95.45%

Historic Data

Download Data
DateValue
Jun 30, 2026 95.45%
Mar 31, 2026 99.90%
Dec 31, 2025 99.89%
Sep 30, 2025 98.70%
Jun 30, 2025 93.28%
Mar 31, 2025 99.93%
Dec 31, 2024 100.00%
Sep 30, 2024 100.00%
Jun 30, 2024 100.00%