Feed / OMER

Omeros Corporation

OMER

Healthcare · 18.49 -2.9% today

Isolated · not yet confirmedMarket checked 1 Oct, 15:55 GMT-4

Market read

No connected market move is active around Omeros Corporation.

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company-2.9% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • OMER's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if OMER's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • OMER's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations334
Usable filing statements76
Verified relationships1
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -34.0% year over year.
  • Operating margin changed -82.0 percentage points in the latest annual period.
  • Net margin changed -111.5 percentage points in the latest annual period.
  • Diluted shares increased 15.5% in the latest annual period.
  • Product pipeline and R&D has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 21% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

18.49
6m+68.0%12m+333.9%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2016-12-31$41.6M+208.1%——
2017-12-31$64.8M+55.8%——
2018-12-31$29.9M-53.9%——
2019-12-31$111.8M+274.3%$-1.71—
2020-12-31$73.8M-34.0%$-2.41+15.5%

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dnegative · 4 filings
“We expect selling, general and administrative expenses in 2026 to increase compared to 2025, primarily reflecting costs associated with building our commercial infrastructure, including the hiring of a field sales force, marketing expenditures, and other comm…”
10-K · Mar 31, 2026 ↗
Credit and interest ratesmixed · 3 filings
“Due to the premium amortization on the Term Loan, interest expense was being recognized at an implied effective interest rate of 3.38 %.”
10-K · Mar 31, 2026 ↗
Legal and regulatory exposurepositive · 2 filings
“We expect selling, general and administrative expenses in the fourth quarter of 2025 to be higher than those in the third quarter of this year, primarily due to increased marketing expenses associated with the anticipated launch of narsoplimab in TA-TMA, if a…”
10-Q · Nov 13, 2025 ↗
Labor availability and costspositive · 1 filings
“Internal overhead and other expenses increased $3.5 million for the year ended December 31, 2024 primarily due to additional employee related costs and having received an employee retention tax credit in the prior year that was recorded as an offset to expens…”
10-K · Mar 31, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 14.3× · EV/sales 17.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

18.49-2.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for OMER. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for OMER. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind OMER

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

NVONovo Nordisk A/SpartnerMar 31, 2026 ▾

“In accordance with the APLA, at the closing of the Transaction, Omeros and Novo Nordisk entered into the Transition Services Agreement pursuant to which we are providing certain transition services to Novo Nordisk to facilitate the transfer of the acquired as…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

OMER is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for OMER; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.