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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.62 Bn | 131.77 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 85.73 Bn | 77.73 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 63.53 Bn | 58.35 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.23 Bn | 53.09 Bn | 52.00 Mn | 35.86% |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.03 Bn | 34.93 Bn | 1.53 Bn | 89.76% |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.19 Bn | 992.69 Mn | 76.90% |
| 8 | Royalty Pharma | 28.52 Bn | 27.68 Bn | - | - |
| 9 | Insmed | 27.46 Bn | 26.30 Bn | 358.27 Mn | 84.20% |
| 10 | OmniAb | 576.36 Mn | 524.36 Mn | 12.81 Mn | 95.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |