OMER · NASDAQ · Biotechnology

Omeros

Commercializes YARTEMLEA for TA-TMA while advancing complement and specialty therapeutics.

$18.51
After-hours close−0.08 (−0.43%)
At close$18.59(−3.43%)
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Profile

Omeros CorporationOMERHealth Care

Markets YARTEMLEA in the U.S. for transplant-associated thrombotic microangiopathy and runs a one-segment biotech pipeline around complement, oncology, addiction, and infectious-disease programs. Former OMIDRIA royalties and Novo Nordisk's zaltenibart rights shape the post-divestiture economics.

Commercializes YARTEMLEA in the U.S. for transplant-associated thrombotic microangiopathy, using a field organization focused on transplant centers. The same one-segment platform covers MASP-2 and MASP-3 complement biology, OMS1029, OMS527, OncotoX-AML, and T-CAT.

Former OMIDRIA economics remain part of the business through royalty rights after the Rayner sale, while zaltenibart moved to Novo Nordisk under a global development and commercialization arrangement. The company remains founder-led from Seattle.

Execution depends on U.S. transplant-center adoption, payer access, and external manufacturers for YARTEMLEA supply. European access depends on CHMP re-examination after a negative opinion on the narsoplimab marketing application.

Company facts

CEOGregory A. Demopulos, M.D.
ListedOct 8, 2009
ExchangeNASDAQ
HeadquartersSeattle, WA
CountryUnited States
Employees175
CIK0001285819
ISINUS6821431029

Key statistics

Market cap$1.35B
EPS (ttm)$1.72
P/E (ttm)10.82
ROE-109.4%
P/B−26.14
P/S35.06
Dividend yield
Beta1.75vs XLV −0.24

Year to date +13.5% · Average volume (30d) 2.1M

Analysts

Price target, next 12 months$33.00+77.3%Median of 19 analysts · vs the Aug 28 close
ConsensusBuy11 of 19 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior targetTarget
Jun 29, 2026H.C. WainwrightTarget$40$33
Jan 8, 2026H.C. WainwrightTarget$20$40
Oct 15, 2025H.C. WainwrightTarget$9$20

Earnings

EPS

Estimate−$0.05
ReportedDue Nov 12, 2026

Revenue

Estimate$36.7M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 12, 2026Q2 FY26−$0.27$0.15+155.9%$12.7M$28.5M+124.8%+26.55%
May 13, 2026Q1 FY26−$0.40−$0.24+40.0%$4.2M$9.9M+136.4%−7.65%
Mar 31, 2026Q4 FY25−$0.55$3.14+670.9%$1.6M+14.39%
Nov 13, 2025Q3 FY25−$0.58−$0.19+67.2%+25.32%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$9.9M$28.5M
Gross profit$0−$10.3M$0$0$9.1M$27.7M
Operating income−$35.0M−$32.4M−$26.4M−$29.1M−$17.4M$74.0K
Net income−$33.5M−$25.4M−$30.9M$86.5M$56.1M$13.2M
Diluted EPS−$0.58−$0.43−$0.47$1.42$0.62$0.15
Gross margin91.7%97.2%
Operating margin-176.1%0.3%

Fiscal years (4-quarter sums)FY21 −$79.9M · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $132.0M · Total debt $83.8M · Total assets $286.8M · Shareholders' equity −$51.3M

Dividends

No dividends on record.

Ownership

Institutions 51.55%37.31M sharesInsiders 3.22%2.33M sharesOther 45.23%32.73M shares

Shares outstanding 72.38M · Float 69.80M · 96.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.6.04M8.35%13FAug 7, 2026
Ingalls & Snyder LLC3.66M5.06%13FAug 14, 2026
UBS Group AG3.15M4.35%13FAug 13, 2026
Vanguard Capital Management LLC3.07M4.24%13FAug 13, 2026
State Street Corp2.32M3.21%13FAug 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 27, 2026Arnold C. Hanishdirector−10,000$18.95
Aug 26, 2026Arnold C. Hanishdirector−5,000$18.53
Aug 24, 2026David J. Borgesofficer: VP, Finance & CAO−906$19.10
Aug 21, 2026David J. Borgesofficer: VP, Finance & CAO−10,000$18.95
Aug 20, 2026Thomas J. Cabledirector−15,000$18.45
View details

Peers

  • AstraZeneca (ADR)

    Dominant C5 franchise used off-label in TA-TMA

  • Novartis (ADR)

    Oral Factor B challenger across rare complement diseases

  • Biogen

    Current public owner of Empaveli after Apellis acquisition

  • Amgen

    Tavneos brings oral C5aR competition in vasculitis

CompareAfter-hours close

CompanyPriceChange
Omeros$18.51−0.43%$1.35B10.88.635.1
AstraZeneca (ADR)$161.79−0.55%$252.33B24.415.24.1+6.4%
Novartis (ADR)$153.810.00%$292.35B23.216.45.3+0.9%
Biogen$218.19−0.14%$32.28B38.716.53.2+3.4%
Amgen$430.27−0.49%$233.38B26.918.46.1+9.7%
Median25.716.54.7+4.9%