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| 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% |