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Omeros Corporation

NASDAQ•OMER
CEO: Dr. Gregory A. Demopulos M.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2009-10-08
Omeros Corporation, a clinical-stage biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting immunologic diseases, including complement-mediated diseases, cancers, and addictive and compulsive disorders. The company's products under development include Narsoplimab (OMS721/MASP-2) that has completed pivotal trial for hematopoietic stem-cell transplant-associated thrombotic microangiopathy (TA-TMA); that is in Phase III clinical trial for the treatment of immunoglobulin A nephropathy (IgAN); and Phase II clinical trial to treat COVID-19. It also develops OMS1029 that is in phase I clinical trials for long-acting second-generation antibody targeting lectin pathway disorders; OMS906 that has completed phase II clinical trials for Paroxysmal nocturnal hemoglobinuria, complement 3 glomerulopathy, and other alternative pathway disorders; and OMS527 that is in phase I clinical trials for addictions and compulsive disorders, and movement disorders. In addition, the company's products under preclinical development comprise MASP-2, a pro-inflammatory protein target for the treatment of lectin pathway disorders; MASP-3 small-molecule inhibitors for alternative pathway disorders; and Adoptive T-Cell and Chimeric Antigen Receptor (CAR) T-Cell Therapies and Immunomodulators/Immunotoxins/Cancer Vaccines for the treatment of various cancers. Omeros Corporation was incorporated in 1994 and is headquartered in Seattle, Washington.
Contact Information
The Omeros Building, 201 Elliott Avenue West, Seattle, WA, 98119, United States
206-676-5000
www.omeros.com
Market Cap
$632.20M
P/E (TTM)
7.3
24.5
Dividend Yield
--
52W High
$17.65
52W Low
$2.95
52W Range
39%
Rank72Top 99.7%
0.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 0.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$9.89M+0.00%
4-Quarter Trend

EPS

$0.78+0.00%
4-Quarter Trend

FCF

-$14.51M+0.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Loss Significantly Reduced Nine months net loss was $89.8M, a $35.7M decrease compared to $125.5M loss in the prior year period.
Zaltenibart Deal Value APLA signed for zaltenibart, potentially yielding $2.1B in milestones plus tiered royalties upon closing the transaction.
Narsoplimab Regulatory Progress BLA resubmission accepted; FDA set target action date for narsoplimab approval review on December 26, 2025.
Q3 Cash Position Cash, cash equivalents, and short-term investments totaled $36.1M as of September 30, 2025, after operating use.

Risk Factors

Novo Transaction Closing Risk Failure of the Novo Nordisk deal to close materially impacts operations and ability to fund post-closing activities.
Liquidity Raises Going Concern Incurred net losses and negative operating cash flow raise substantial doubt about meeting obligations within one year.
Zaltenibart Development Paused Phase 3 zaltenibart development paused temporarily to preserve available capital for prioritized programs like narsoplimab.
Derivative Fair Value Volatility Fair value changes in embedded derivatives on 2029 Notes and Term Loan cause volatility in reported net loss.

Outlook

Anticipated Novo Upfront Cash Expect $240.0M upfront cash payment upon anticipated fourth quarter 2025 closing of the Novo Nordisk Transaction.
Term Loan Repayment Planned Mandatory repayment of the entire $67.1M Term Loan principal, plus premium, upon closing the Novo deal.
Narsoplimab Commercial Readiness Preparing for potential commercial launch of narsoplimab (YARTEMLEA) pending final regulatory authority approval.
R&D Spending Comparable Q4 Expect research and development expenses in Q4 2025 to be comparable to the third quarter spending levels.

Peer Comparison

Revenue (TTM)

URGN stock ticker logoURGN
$116.28M
+26.6%
KALV stock ticker logoKALV
$115.91M
+0.0%
ARVN stock ticker logoARVN
$89.40M
-79.1%

Gross Margin (Latest Quarter)

OCGN stock ticker logoOCGN
100.0%
+0.0pp
ATXS stock ticker logoATXS
100.0%
+0.0pp
BCYC stock ticker logoBCYC
100.0%
+1705.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TERN$4.77B-51.3-20.0%0.1%
ERAS$4.37B-15.4-77.0%10.0%
KOD$1.80B-9.1-253.8%18.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Deep Research

Next earnings:Aug 13, 2026
|
EPS:-$0.27
|
Revenue:$12.70M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data