OmniAb (OABI) Gross Margin (2024 - 2026)
OmniAb's (OABI) quarterly Gross Margin came in at 99.9% in Q1 2026, down 3.0% year-on-year from 102.99% in Q1 2025, and little changed on a QoQ basis from 99.89% in Q4 2025.
OmniAb (OABI) Gross Margin (2024 - 2026) Analysis & Trends
OmniAb (OABI) has 3 years of Gross Margin data on file, last reported at 99.9% in Q1 2026.
- On a quarterly basis, Gross Margin fell 3.0% year-over-year to 99.9% in Q1 2026; TTM through Mar 2026 was 98.91%, a 108.0% decrease from a year earlier, with the FY2025 full-year figure at 98.38%, down 162.0% from the prior year.
- Gross Margin for Q1 2026 stood at 99.9%, roughly flat from 99.89% in the prior quarter.
- Over the last five years, Gross Margin for OABI reached as high as 100.0% in Q2 2024 and fell as low as 93.28% in Q2 2025.
- Historically, Gross Margin has averaged 98.96% across 3 years, with a median of 99.91% in 2025.
- Across the five-year window, Gross Margin slumped 672 bps in 2025 and slipped 3 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 100.0% in 2024, then slipped by 0 bps to 99.89% in 2025, then advanced by 0 bps to 99.9% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | OmniAb | 261.62 Mn | 212.55 Mn | 14.41 Mn | 99.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |