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Side-by-side financial comparison of OmniAb, Inc. (OABI) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.

SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $8.4M, roughly 1.3× OmniAb, Inc.). SOLAI Ltd runs the higher net margin — -126.2% vs -169.3%, a 43.1% gap on every dollar of revenue. On growth, OmniAb, Inc. posted the faster year-over-year revenue change (-22.5% vs -43.1%). OmniAb, Inc. produced more free cash flow last quarter ($-5.7M vs $-17.0M).

OmniAb, Inc. is a global biotechnology firm specializing in proprietary transgenic animal platforms and antibody discovery solutions. It partners with pharma and biotech clients to accelerate fully human therapeutic antibody development for oncology, autoimmune diseases and high-need medical areas across key global markets.

OABI vs SLAI — Head-to-Head

Bigger by revenue
SLAI
SLAI
1.3× larger
SLAI
$11.0M
$8.4M
OABI
Growing faster (revenue YoY)
OABI
OABI
+20.6% gap
OABI
-22.5%
-43.1%
SLAI
Higher net margin
SLAI
SLAI
43.1% more per $
SLAI
-126.2%
-169.3%
OABI
More free cash flow
OABI
OABI
$11.3M more FCF
OABI
$-5.7M
$-17.0M
SLAI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
OABI
OABI
SLAI
SLAI
Revenue
$8.4M
$11.0M
Net Profit
$-14.2M
$-13.9M
Gross Margin
0.1%
Operating Margin
-188.2%
-126.2%
Net Margin
-169.3%
-126.2%
Revenue YoY
-22.5%
-43.1%
Net Profit YoY
-8.5%
-173.4%
EPS (diluted)
$-0.11
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OABI
OABI
SLAI
SLAI
Q4 25
$8.4M
Q2 25
$11.0M
Q4 24
$10.8M
Q2 24
$7.6M
$19.4M
Q4 23
$4.8M
Q3 23
$5.5M
Q2 23
$6.9M
Q1 23
$16.9M
Net Profit
OABI
OABI
SLAI
SLAI
Q4 25
$-14.2M
Q2 25
$-13.9M
Q4 24
$-13.1M
Q2 24
$-13.6M
$18.9M
Q4 23
$-14.1M
Q3 23
$-15.7M
Q2 23
$-14.7M
Q1 23
$-6.1M
Gross Margin
OABI
OABI
SLAI
SLAI
Q4 25
Q2 25
0.1%
Q4 24
Q2 24
52.4%
Q4 23
Q3 23
Q2 23
Q1 23
Operating Margin
OABI
OABI
SLAI
SLAI
Q4 25
-188.2%
Q2 25
-126.2%
Q4 24
-147.0%
Q2 24
-214.1%
-2.6%
Q4 23
-439.8%
Q3 23
-370.9%
Q2 23
-279.9%
Q1 23
-50.0%
Net Margin
OABI
OABI
SLAI
SLAI
Q4 25
-169.3%
Q2 25
-126.2%
Q4 24
-121.0%
Q2 24
-179.0%
97.9%
Q4 23
-291.4%
Q3 23
-287.3%
Q2 23
-212.0%
Q1 23
-36.1%
EPS (diluted)
OABI
OABI
SLAI
SLAI
Q4 25
$-0.11
Q2 25
$-0.01
Q4 24
$-0.13
Q2 24
$-0.13
$0.02
Q4 23
$-0.14
Q3 23
$-0.16
Q2 23
$-0.15
Q1 23
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OABI
OABI
SLAI
SLAI
Cash + ST InvestmentsLiquidity on hand
$25.5M
$1.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$267.0M
$43.8M
Total Assets
$300.9M
$69.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OABI
OABI
SLAI
SLAI
Q4 25
$25.5M
Q2 25
$1.2M
Q4 24
$27.6M
Q2 24
$20.8M
$2.3M
Q4 23
$16.4M
Q3 23
$21.2M
Q2 23
$21.0M
Q1 23
$22.9M
Stockholders' Equity
OABI
OABI
SLAI
SLAI
Q4 25
$267.0M
Q2 25
$43.8M
Q4 24
$287.6M
Q2 24
$294.2M
$45.9M
Q4 23
$314.6M
Q3 23
$324.5M
Q2 23
$333.8M
Q1 23
$340.8M
Total Assets
OABI
OABI
SLAI
SLAI
Q4 25
$300.9M
Q2 25
$69.1M
Q4 24
$325.6M
Q2 24
$337.3M
$63.3M
Q4 23
$375.2M
Q3 23
$391.7M
Q2 23
$405.2M
Q1 23
$413.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OABI
OABI
SLAI
SLAI
Operating Cash FlowLast quarter
$-5.7M
$-17.0M
Free Cash FlowOCF − Capex
$-5.7M
$-17.0M
FCF MarginFCF / Revenue
-67.8%
-154.2%
Capex IntensityCapex / Revenue
0.1%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-31.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OABI
OABI
SLAI
SLAI
Q4 25
$-5.7M
Q2 25
$-17.0M
Q4 24
$-3.9M
Q2 24
$-12.2M
$-12.1M
Q4 23
$-9.1M
Q3 23
$-6.2M
Q2 23
$-10.0M
Q1 23
$27.7M
Free Cash Flow
OABI
OABI
SLAI
SLAI
Q4 25
$-5.7M
Q2 25
$-17.0M
Q4 24
$-3.9M
Q2 24
$-12.9M
Q4 23
$-9.2M
Q3 23
$-6.7M
Q2 23
$-10.8M
Q1 23
$27.5M
FCF Margin
OABI
OABI
SLAI
SLAI
Q4 25
-67.8%
Q2 25
-154.2%
Q4 24
-36.3%
Q2 24
-169.9%
Q4 23
-191.4%
Q3 23
-122.1%
Q2 23
-156.0%
Q1 23
162.3%
Capex Intensity
OABI
OABI
SLAI
SLAI
Q4 25
0.1%
Q2 25
0.0%
Q4 24
0.4%
Q2 24
9.9%
Q4 23
2.2%
Q3 23
8.9%
Q2 23
11.7%
Q1 23
1.4%
Cash Conversion
OABI
OABI
SLAI
SLAI
Q4 25
Q2 25
Q4 24
Q2 24
-0.64×
Q4 23
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OABI
OABI

Segment breakdown not available.

SLAI
SLAI

Data center$6.5M59%
Cryptocurrency mining$4.6M41%

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