Olema Pharmaceuticals, Inc. OLMA R2K
Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. The company's lead product candidate is palazestrant, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic ER-positive, human epidermal growth factor receptor 2-negative breast cancer; OPERA-01, the pivotal Phase 3 clinical trial of palazestrant as a monotherapy in second/third-line ER+/HER2- metastatic breast cancer; and palazestrant with CDK4/6 inhibitors, a phosphatidylinositol 3 kinase alpha (PI3Ka) inhibitor alpelisib, a mechanistic target of rapamycin inhibitor, and a CDK4 inhibitor that is in Phase 1b/2 clinical trial for the treatment of ER+/HER2- advanced or metastatic breast cancer. It also develops OP-3136, an orally-available small molecule that potently and selectively inhibits KAT6 which is in Phase 1 clinical trials for patients with breast and other solid tumor cancers. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
No notable strengths flagged.
CONS
- Earnings shrank at -18.3% CAGR over 5 years.
- Trading 63.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | OLMA Olema Pharmaceuticals, Inc. R2K | 13.19 | - | $1.15B | - | -37.10% | -42.86% | - | -18.34% |
| 2 | LLY Eli Lilly and Company SPX | 1,105.00 | 39.21 | $985.37B | 0.63% | 38.44% | 107.46% | 31.69% | 48.96% |
| 3 | JNJ Johnson & Johnson SPX | 225.33 | 26.11 | $542.42B | 2.38% | 23.13% | 26.42% | 5.60% | 14.32% |
| 4 | UNH UnitedHealth Group Incorporated SPX | 380.31 | 28.66 | $345.38B | 2.32% | 9.60% | 12.18% | 11.35% | -15.69% |
| 5 | MRK Merck & Co., Inc. SPX | 118.72 | 33.44 | $293.22B | 2.86% | 20.66% | 18.94% | 3.12% | 7.93% |
| 6 | TMO Thermo Fisher Scientific Inc. SPX | 492.51 | 27.11 | $183.03B | 0.38% | 9.17% | 13.52% | -0.27% | -1.19% |
| 7 | AMGN Amgen Inc. NDXSPX | 336.79 | 23.42 | $181.77B | 2.99% | 18.02% | 101.32% | 11.77% | 5.58% |
| 8 | GILD Gilead Sciences, Inc. NDXSPX | 134.43 | 18.29 | $166.90B | 2.44% | 22.92% | 43.36% | 2.57% | 22.83% |
| 9 | ISRG Intuitive Surgical, Inc. NDXSPXAI | 424.64 | 51.53 | $150.39B | - | 15.96% | 17.23% | 17.39% | 29.26% |
Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.87M | 47.86M | 45.88M | 50.08M | 57.99M |
| Operating Income | -1.04M | -2.49M | -7.87M | -15.45M | -16.52M | -17.76M | -23.25M | -33.29M | -23.22M | -29.60M | -21.60M | -23.34M | -34.34M | -33.53M | - | -34.87M | -47.86M | -45.88M | -50.08M | -57.99M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -34.74M | -47.73M | -45.83M | -49.90M | -57.87M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -30.39M | -43.78M | -42.22M | -46.06M | -53.09M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -1.69M | -2.45M | -7.84M | -15.34M | -16.41M | -17.71M | -23.03M | -32.86M | -22.72M | -28.29M | -20.09M | -21.50M | -30.97M | -30.38M | - | -30.39M | -43.78M | -42.22M | -46.06M | -53.09M |
| Diluted EPS | - | -0.95 | -3.71 | -0.39 | -0.42 | -0.45 | -0.58 | -0.82 | -0.57 | -0.70 | -0.49 | -0.48 | -0.56 | -0.54 | -0.60 | -0.36 | -0.51 | -0.49 | - | -0.52 |
| R&D Expense | 795.00K | 1.95M | 4.67M | 10.69M | 11.91M | 12.52M | 16.01M | 27.05M | 17.63M | 22.83M | 17.99M | 19.45M | 29.88M | 29.11M | 33.23M | 30.62M | 43.90M | 39.95M | - | 49.23M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | 106.99M | 104.96M | 142.26M | 178.70M |
| Operating Income | -4.32M | -21.53M | - | -106.99M | -104.96M | -142.26M | -178.70M |
| EBITDA | - | - | - | -106.63M | -104.58M | -141.87M | -178.21M |
| Interest Expense | - | - | 0 | - | - | - | - |
| Pretax Income | - | - | - | -104.79M | -96.66M | -129.47M | -162.45M |
| Tax Provision | - | - | - | - | - | - | - |
| Net Income | -4.32M | -22.12M | - | -104.79M | -96.66M | -129.47M | -162.45M |
| Diluted EPS | -1.66 | -3.42 | -1.80 | -2.62 | -2.14 | -2.20 | - |
| R&D Expense | 3.92M | 13.70M | 51.10M | 82.27M | 86.14M | 124.52M | 157.70M |
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | - |
Compounded Profit Growth
| 5 Years: | -18.34% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +149.81% |
| 6 Months: | -49.41% |
| 3 Months: | -45.50% |
| 1 Month: | -6.72% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 342.72M | - | 215.65M | 276.94M | 450.98M | 533.43M |
| Current Assets | - | - | - | - | 208.90M | 266.51M | 438.47M | 515.45M |
| Cash & Equivalents | - | - | 338.55M | - | 23.70M | 68.54M | 139.48M | 48.30M |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 319.00K | 673.00K | 2.12M | 4.06M |
| Total Liabilities | - | - | 4.58M | - | 18.10M | 23.05M | 42.02M | 54.87M |
| Current Liabilities | - | - | 4.58M | - | 16.55M | 21.62M | 41.76M | 51.80M |
| Long Term Debt | - | - | - | - | - | - | - | 3.00M |
| Total Debt | - | - | - | - | 2.56M | 2.42M | 1.43M | 4.19M |
| Total Equity | -8.40M | -10.59M | 338.14M | - | 197.55M | 253.90M | 408.96M | 478.56M |
| Shares Outstanding | - | - | - | - | 40.29M | 55.10M | 74.31M | 81.38M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -3.08M | -19.87M | - | -82.06M | -83.73M | -104.35M | -146.72M |
| Investing Cash Flow | - | -56.00K | - | 91.48M | -4.85M | -93.53M | -155.76M |
| Financing Cash Flow | - | 358.40M | - | 476.00K | 133.41M | 268.82M | 211.30M |
| Capital Expenditure | - | -56.00K | -1.57M | -363.00K | - | -159.00K | - |
| Free Cash Flow | - | -19.92M | - | -82.43M | -83.73M | -104.51M | -146.72M |
| Net Change in Cash | - | - | - | 9.89M | 44.84M | 70.94M | -91.18M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | - | - |
| ROE % | 40.7% | -6.5% | - | -53.0% | -38.1% | -31.7% | -33.9% |
| ROCE % | - | -6.4% | - | -53.7% | -41.1% | -34.8% | -37.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 11.89% | 10.39M | $137.00M |
| 2 | Paradigm Biocapital Advisors LP | 9.18% | 8.02M | $105.79M |
| 3 | Bain Capital Life Sciences Investors, LLC | 8.56% | 7.47M | $98.57M |
| 4 | Janus Henderson Group PLC | 8.14% | 7.11M | $93.76M |
| 5 | Blackrock Inc. | 6.47% | 5.65M | $74.55M |
| 6 | BVF Inc. | 6.06% | 5.30M | $69.85M |
| 7 | Siren, L.L.C. | 5.45% | 4.76M | $62.74M |
| 8 | State Street Corporation | 4.51% | 3.94M | $51.94M |
| 9 | Cormorant Asset Management, LP | 4.46% | 3.90M | $51.44M |
| 10 | Logos Global Management LP | 3.67% | 3.21M | $42.33M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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