OneMedNet (ONMD)


Market Price (9/23/2026): $0.653 | Market Cap: $37.9 MilSector: Health Care | Industry: Health Care Technology

OneMedNet (ONMD)


Market Price (9/23/2026): $0.653
Market Cap: $37.9 Mil
Sector: Health Care
Industry: Health Care Technology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 217%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine, and Artificial Intelligence. Themes include Health Data Analytics, AI in Healthcare Management, Show more.

Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -169%

Penny stock
Mkt Price is 0.7

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -10 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -696%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 173%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -472%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -473%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27%

High stock price volatility
Vol 12M is 199%

Key risks
ONMD key risks include [1] severe financial instability and a going concern warning, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 217%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
2 Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine, and Artificial Intelligence. Themes include Health Data Analytics, AI in Healthcare Management, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -169%
4 Penny stock
Mkt Price is 0.7
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -10 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -696%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 173%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -472%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -473%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27%
9 High stock price volatility
Vol 12M is 199%
10 Key risks
ONMD key risks include [1] severe financial instability and a going concern warning, Show more.

ONMD in ETFs

Weight = ONMD's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/22/2026

OneMedNet (ONMD) stock has lost about 15% since 5/31/2026 because of the following key factors:

1. Lingering "Going Concern" Doubts and Liquidity Concerns.

Despite recent positive commercial announcements, OneMedNet faced significant uncertainty regarding its ability to continue as a going concern. An August 17, 2026, report indicated the company had liquidated its Bitcoin holdings and possessed only enough cash for 19 days of operations, alongside a reported $3.41 million operating shortfall, which heightened concerns about its financial stability and the potential for further equity dilution.

2. Nasdaq Non-Compliance and Approved Reverse Stock Split.

OneMedNet has been non-compliant with the Nasdaq's minimum bid price rule, requiring its stock to trade at or above $1.00 per share. The company was granted until October 12, 2026, to regain compliance. To address this, shareholders at the Annual General Meeting on September 18, 2026, approved a reverse stock split amendment, a measure often viewed negatively by the market as it signals fundamental issues with the stock's valuation and helps avoid delisting.

Show more
Updated on 9/22/2026

OneMedNet (ONMD) stock has lost about 15% since 5/31/2026 because of the following key factors:

1. Lingering "Going Concern" Doubts and Liquidity Concerns.

Despite recent positive commercial announcements, OneMedNet faced significant uncertainty regarding its ability to continue as a going concern. An August 17, 2026, report indicated the company had liquidated its Bitcoin holdings and possessed only enough cash for 19 days of operations, alongside a reported $3.41 million operating shortfall, which heightened concerns about its financial stability and the potential for further equity dilution.

2. Nasdaq Non-Compliance and Approved Reverse Stock Split.

OneMedNet has been non-compliant with the Nasdaq's minimum bid price rule, requiring its stock to trade at or above $1.00 per share. The company was granted until October 12, 2026, to regain compliance. To address this, shareholders at the Annual General Meeting on September 18, 2026, approved a reverse stock split amendment, a measure often viewed negatively by the market as it signals fundamental issues with the stock's valuation and helps avoid delisting.

3. Persistent Net Losses Despite Revenue Growth.

While OneMedNet reported an 88.39% increase in revenue to $292,000 for fiscal Q2 2026 (ended June 30, 2026), the company continued to experience significant net losses, reporting -$2.17 million for the same quarter. This trend of unprofitability, following a -$2.80 million loss for fiscal year 2025, put downward pressure on the stock price, as investors weigh growth against sustained financial losses.

4. Shareholder Dilution.

OneMedNet's shareholders experienced dilution over the past year, with the total number of outstanding shares increasing by 28.6%. This expansion in share count can dilute the value of existing shares, contributing to a decline in the stock price as the company raises capital.

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Stock Movement Drivers

Fundamental Drivers

The -15.7% change in ONMD stock from 5/31/2026 to 9/22/2026 was primarily driven by a -19.9% change in the company's P/S Multiple.
(LTM values as of)53120269222026Change
Stock Price ($)0.770.65-15.7%
Change Contribution By: 
Total Revenues ($ Mil)1110.4%
P/S Multiple32.325.9-19.9%
Shares Outstanding (Mil)5558-4.7%
Cumulative Contribution-15.7%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/22/2026
ReturnCorrelation
ONMD-15.7% 
Market (SPY)2.5%13.2%
Sector (XLV)14.2%-9.8%

Fundamental Drivers

The -36.3% change in ONMD stock from 2/28/2026 to 9/22/2026 was primarily driven by a -76.1% change in the company's P/S Multiple.
(LTM values as of)22820269222026Change
Stock Price ($)1.020.65-36.3%
Change Contribution By: 
Total Revenues ($ Mil)01194.1%
P/S Multiple108.425.9-76.1%
Shares Outstanding (Mil)5358-9.3%
Cumulative Contribution-36.3%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/22/2026
ReturnCorrelation
ONMD-36.3% 
Market (SPY)13.3%11.5%
Sector (XLV)7.0%-12.9%

Fundamental Drivers

The -24.4% change in ONMD stock from 8/31/2025 to 9/22/2026 was primarily driven by a -62.4% change in the company's P/S Multiple.
(LTM values as of)83120259222026Change
Stock Price ($)0.860.65-24.4%
Change Contribution By: 
Total Revenues ($ Mil)01216.5%
P/S Multiple68.925.9-62.4%
Shares Outstanding (Mil)3758-36.5%
Cumulative Contribution-24.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/22/2026
ReturnCorrelation
ONMD-24.4% 
Market (SPY)21.2%5.0%
Sector (XLV)25.8%-5.1%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/22/2026
ReturnCorrelation
ONMD-94.2% 
Market (SPY)78.3%3.9%
Sector (XLV)34.1%-2.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ONMD Return2%3%-92%68%-19%-37%-93%
Peers Return-2%-48%4%-26%-19%-12%-72%
S&P 500 Return27%-19%24%23%16%13%107%

Monthly Win Rates [3]
ONMD Win Rate86%83%67%50%42%44% 
Peers Win Rate47%35%48%40%42%44% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
ONMD Max Drawdown--1%-93%-78%-77%-59% 
Peers Max Drawdown-29%-58%-44%-44%-48%-53% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: IQV, VEEV, HCAT, DH, CERT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/22/2026 (YTD)

How Low Can It Go

EventONMDS&P 500
2025 US Tariff Shock
  % Loss-66.0%-18.8%
  % Gain to Breakeven193.9%23.1%
  Time to Breakeven62 days79 days
2024 Yen Carry Trade Unwind
  % Loss-25.1%-7.8%
  % Gain to Breakeven33.6%8.5%
  Time to Breakeven4 days18 days

Compare to IQV, VEEV, HCAT, DH, CERT

In The Past

OneMedNet's stock fell -66.0% during the 2025 US Tariff Shock. Such a loss loss requires a 193.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventONMDS&P 500
2025 US Tariff Shock
  % Loss-66.0%-18.8%
  % Gain to Breakeven193.9%23.1%
  Time to Breakeven62 days79 days
2024 Yen Carry Trade Unwind
  % Loss-25.1%-7.8%
  % Gain to Breakeven33.6%8.5%
  Time to Breakeven4 days18 days

Compare to IQV, VEEV, HCAT, DH, CERT

In The Past

OneMedNet's stock fell -66.0% during the 2025 US Tariff Shock. Such a loss loss requires a 193.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About OneMedNet (ONMD)

OneMedNet (ONMD), as described, operates as a Special Purpose Acquisition Company (SPAC). Its primary business objective is to effect a business combination with one or more existing operating businesses. This process involves various transaction types, including mergers, capital stock exchanges, asset acquisitions, stock purchases, or reorganizations, through which the SPAC essentially acts as a shell to bring a private company to the public market.

As a SPAC, the company does not offer traditional products or services in the manner of an operating business. Instead, its core "service" is to identify and complete an acquisition. OneMedNet specifically intends to focus its acquisition efforts on target businesses within the data centers and internet technology sectors, which represent its primary market for potential business combinations.

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  • A public venture capital firm for data centers and internet technology.
  • A blank check company searching for a data center or internet technology business.
  • A publicly traded acquisition fund specifically targeting tech infrastructure.

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  • Business Combinations: Effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, or reorganizations with one or more businesses.

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OneMedNet (symbol: ONMD) operates a healthcare data platform that provides de-identified medical imaging and related clinical data for research and development purposes. It primarily sells its services to other companies. While specific individual customer names are not widely disclosed by OneMedNet, its major customer categories include:

  • Pharmaceutical and Biotechnology Companies: These companies utilize OneMedNet's Real World Data (RWD) for drug discovery, clinical trial design, post-market surveillance, and generating real-world evidence to support regulatory submissions and market access strategies.
  • Medical Device Companies: Manufacturers of medical devices leverage the data for product development, performance monitoring, validation, and demonstrating the effectiveness and safety of their devices.
  • Artificial Intelligence (AI) and Machine Learning (ML) Developers: Companies specializing in AI and ML use OneMedNet's extensive datasets of medical images and associated clinical data to train, validate, and enhance their diagnostic and therapeutic algorithms and solutions.
  • Academic and Clinical Research Institutions: Universities and research organizations access the de-identified data for various scientific studies, advancing medical knowledge and understanding of diseases.

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Microsoft Corporation (Symbol: MSFT)

Alphabet Inc. (Symbols: GOOGL, GOOG)

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Aaron Green - President and Chief Executive Officer
Aaron Green assumed the role of President and CEO of OneMedNet on March 29, 2024, after serving as President since May 2023. He possesses over two decades of experience in healthcare IT, with a notable history of driving growth and business transformations. Prior to joining OneMedNet, Green held positions such as Vice President Cloud Solutions at Optum Insights, General Manager Radiology Imaging at Change Healthcare (NASDAQ: CHNG), and Division Vice President, Sales at McKesson (NYSE: MCK).

Robert Golden - Chief Financial Officer and Corporate Secretary
Robert Golden was appointed as Chief Financial Officer of OneMedNet, effective September 10, 2024, and his position was made permanent as of January 31, 2025. He brings over 40 years of financial management experience, including roles as Managing Partner of Cohen, Bender & Golden LLP since 2015, and CFO of Promo Shop, Inc. since 2008 and iKahan Media, Inc. since 2014. His expertise spans operational efficiency, cash flow optimization, financial planning, and mergers and acquisitions.

Dr. Jeffrey Yu - Chief Medical Officer and Vice President
Dr. Jeffrey Yu is the founder of OneMedNet, establishing the company in 2009. He also serves as the Chairman of the Board. Dr. Yu is a board-certified Radiologist with additional fellowship training and board certification in Nuclear Medicine, and he has dedicated 28 years of sophisticated healthcare IT experience to the company.

Steven Chartier - VP Engineering Chief of Data

Carrie Manthei - VP, Clinical Data Curation

AI Analysis | Feedback

The key risks to OneMedNet's business, trading under the symbol ONMD, are primarily centered around its financial viability, compliance with listing standards, and the complex regulatory landscape of healthcare data.

  1. Poor Financial Health and Going Concern Risk: OneMedNet has a history of significant operating losses and negative net income since its inception. The company's financial strength is rated as poor, with high debt levels and negative equity, indicating that its liabilities currently exceed its assets. This has led to substantial doubt about its ability to continue as a going concern, exacerbated by low cash reserves and substantial current liabilities. Furthermore, OneMedNet has experienced negative revenue growth and significantly negative gross and operating margins.
  2. NASDAQ Listing Compliance and Stock Volatility: As a micro-cap stock, OneMedNet faces the ongoing challenge of maintaining compliance with NASDAQ's listing requirements, particularly concerning the minimum bid price and market value of listed securities. The company's stock is characterized by significant price fluctuations and high volatility due to low trading volume. Continued non-compliance could lead to delisting, further impacting investor confidence and access to capital.
  3. Regulatory Hurdles in Data Privacy: Operating in the healthcare data sector, OneMedNet is highly susceptible to changes and strict adherence to data privacy laws such as HIPAA and GDPR. Any changes in these regulations or failures in maintaining rigorous privacy standards for its imaging Real-World Data (iRWD™) platform could significantly impact its data sharing models and overall business operations.

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OneMedNet (NASDAQ: ONMD) operates within several addressable markets related to healthcare data and medical imaging.

Real-World Data (RWD) and Real-World Evidence (RWE) Solutions

OneMedNet's flagship product, the iRWD™ platform, focuses on collecting, de-identifying, and curating regulatory-grade clinical imaging data and associated electronic health records for life sciences companies, AI developers, and pharmaceutical firms.

The addressable market for Real-World Evidence (RWE) solutions is estimated to be $60 billion (global).

Medical Image Exchange Systems

OneMedNet also offers solutions for medical image exchange.

The global medical image exchange systems market is valued at approximately US$ 4.4 billion in 2025 and is projected to reach US$ 7.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.4%. North America currently dominates this market, contributing approximately 32.3% of the global share.

Healthcare Data Annotation

Through a strategic partnership with Medcase, OneMedNet has expanded into the healthcare data annotation market.

This global market for healthcare data annotation was valued at $1.5 billion in 2025 and is projected to grow to $2.8 billion by 2030.

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Here are 3-5 expected drivers of future revenue growth for OneMedNet (ONMD) over the next 2-3 years:

  1. Shift to Recurring Subscription Model: OneMedNet is strategically transitioning its business model from project-based work to recurring subscription partnerships. This shift is anticipated to drive predictable growth and increased annual recurring revenue (ARR). The company reported record bookings of $2.79 million in 2025, marking a 4.1-fold increase compared to 2024, largely due to larger enterprise deals and this move towards recurring subscriptions.
  2. Expansion of Healthcare Provider Network and iRWD™ Platform: The continuous expansion of OneMedNet's iRWD™ platform and its integrated network of healthcare sites is a key growth driver. The company has integrated over 2,130 healthcare sites into its platform and reported a 37% year-over-year increase in its network in 2025, encompassing 186 million clinical exams. This expanding network enhances the volume and diversity of data available, attracting more customers in the life sciences and AI sectors.
  3. Strategic Partnerships and Advanced Data Integration (e.g., Palantir Foundry): Collaborations and technological integrations are expected to accelerate revenue growth. The commercial launch of OneMedNet's Real-World Data (RWD) platform, powered by Palantir Foundry, is a significant driver. This integration enhances AI-driven search capabilities and scalable data feeds, leading to higher average recurring revenue and larger deal sizes. Additionally, partnerships such as those with ViuHealth to enhance autoimmune datasets and Risorius for neuro data are expected to boost recurring revenue from life sciences and AI customers.
  4. Growing Demand for Real-World Data and AI in Healthcare: The increasing demand for Real-World Data (RWD) and artificial intelligence (AI) solutions within the healthcare and life sciences industries presents a significant growth opportunity for OneMedNet. The company's platform is designed to provide de-identified medical imaging and electronic health records, fueling innovation for drugmakers, medical device pioneers, and AI developers. There is a notable industry-wide shift towards AI-driven precision in medical imaging and a rising demand in sectors like cardiac AI diagnostics, which OneMedNet is positioned to address.

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Share Issuance

  • In November 2023, OneMedNet completed a business combination with Data Knights Acquisition Corp., which included approximately $200 million or more in rollover equity to OneMedNet equity holders.
  • The company completed a private placement in July 2024, generating approximately $4.6 million in gross proceeds from the sale of common stock and pre-funded warrants.
  • In June 2025, OneMedNet raised approximately $3.7 million in gross proceeds through private placement transactions with accredited investors, including some of its founders and directors.

Inbound Investments

  • The business combination with Data Knights Acquisition Corp. in November 2023 implied a pro-forma enterprise value of approximately $317 million.
  • In March 2024, OneMedNet secured up to $4.54 million in funding from an institutional investor through a private placement of senior convertible notes, intended for working capital, growth acceleration, network enhancement, and AI-driven solution development.
  • Off the Chain Capital has made strategic investments in OneMedNet, recognizing the company's platform and market position.

Outbound Investments

  • In July 2024, OneMedNet utilized $1.8 million of the net proceeds from a private placement to acquire Bitcoin ($BTC).
  • In September 2024, a portion of the net proceeds from a subsequent private placement was planned for purchasing Bitcoin ($BTC).

Capital Expenditures

  • OneMedNet's capital expenditures were -$43,000 in the last 12 months (as of March 2026).
  • Adjusted Capital Expenditures for OneMedNet Corporation were -$3.0 thousand in 2025.
  • The company is undertaking ongoing investments for long-term growth, focusing on new real-world data offerings, network expansion, and strategic partnerships like the integration of Palantir's AI Platform.

Better Bets vs. OneMedNet (ONMD)

Peer Outperformance in Health Care Technology

ONMD has trailed 80% of its 20 Health Care Technology peers over 5Y. Health Care Technology ranks 10th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Health Care Technology constituents that ONMD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
47%
of 34 industry peers · -28.6% return
3Y
12%
of 26 industry peers · -94.2% return
5Y
20%
of 20 industry peers · -93.5% return
No Health Care Technology peer with a comparable growth profile has beaten ONMD by more than 20pp over 5Y.
Median price return by industry across the Health Care sector, ranked by 5Y. Health Care Technology is ONMD's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 19.0%46.5%91.6% CAH 382% · MCK 351% · COR 171%
Managed Health Care 8 37.7%-6.6%0.6% OSCR 79% · HQY 41% · ELV 14%
Health Care Services 20 19.1%35.3%-0.5% HIMS 269% · RDNT 159% · DGX 69%
Health Care Facilities 24 5.9%13.0%-4.0% NHC 269% · THC 261% · ENSG 135%
Health Care Equipment 50 -2.1%-0.4%-21.5% POCI 11363% · UFPT 354% · GKOS 204%
Health Care Supplies 12 19.5%-6.4%-38.8% LNTH 270% · HAE 56% · MMSI 19%
Pharmaceuticals 63 -6.9%13.1%-42.8% LQDA 2369% · INDV 1106% · ETON 1024%
Life Sciences Tools & Services 113 2.5%-8.4%-67.1% SNWV 1794% · MEDP 223% · NTRA 216%
Biotechnology 378 0.3%-19.9%-78.2% CELZ 1243% · DNTH 1189% · TRVI 1055%
Health Care Technology ← 21 -24.3%-49.3%-78.8% SPOK 71% · HSTM 2% · VEEV -13%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ONMDIQVVEEVHCATDHCERTMedian
NameOneMedNetIQVIA Veeva Sy.Health C.Definiti.Certara  
Mkt Price0.65270.09260.911.890.898.835.36
Mkt Cap0.044.942.40.10.11.40.8
Rev LTM116,9833,458292233408350
Op Inc LTM-102,3581,035-31-20-1-5
FCF LTM-72,1841,6657295542
FCF 3Y Avg-72,0071,337-12386149
CFO LTM-72,8191,66528418362
CFO 3Y Avg-72,6251,3376508467

Growth & Margins

ONMDIQVVEEVHCATDHCERTMedian
NameOneMedNetIQVIA Veeva Sy.Health C.Definiti.Certara  
Rev Chg LTM216.5%8.2%16.5%-7.5%-5.0%3.8%6.0%
Rev Chg 3Y Avg43.9%5.0%15.7%1.1%-0.6%5.1%5.0%
Rev Chg Q88.4%8.7%17.6%-12.7%-9.1%1.0%4.9%
QoQ Delta Rev Chg LTM10.4%2.1%4.2%-3.4%-2.3%0.2%1.2%
Op Inc Chg LTM-8.5%4.2%29.5%30.4%-109.8%-102.8%-2.1%
Op Inc Chg 3Y Avg13.6%7.5%38.0%40.3%-6.1%-21.1%10.6%
Op Mgn LTM-695.7%13.9%29.9%-10.6%-8.4%-0.2%-4.3%
Op Mgn 3Y Avg-1,152.6%14.0%26.5%-15.9%-7.1%-0.3%-3.7%
QoQ Delta Op Mgn LTM57.3%-0.1%1.1%-0.7%-0.7%-1.9%-0.4%
CFO/Rev LTM-472.3%16.6%48.2%9.7%17.8%20.3%17.2%
CFO/Rev 3Y Avg-904.7%16.5%44.1%2.1%20.3%21.7%18.4%
FCF/Rev LTM-473.4%12.9%48.2%2.2%12.3%13.4%12.6%
FCF/Rev 3Y Avg-910.1%12.6%44.1%-3.9%15.3%15.7%13.9%

Valuation

ONMDIQVVEEVHCATDHCERTMedian
NameOneMedNetIQVIA Veeva Sy.Health C.Definiti.Certara  
Mkt Cap0.044.942.40.10.11.40.8
P/S25.92.612.20.50.43.33.0
P/Op Inc-3.719.040.9-4.5-4.8-2,071.4-4.1
P/EBIT-4.519.140.9-0.6-0.4534.59.4
P/E-4.432.641.7-0.5-0.6-19.9-0.5
P/CFO-5.515.925.45.02.316.410.4
Total Yield-22.6%3.1%2.4%-189.4%-178.6%-5.0%-13.8%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-26.2%6.3%4.0%-3.4%16.4%3.9%4.0%
D/E0.00.40.01.21.80.20.3
Net D/E0.00.3-0.20.5-0.20.10.0

Returns

ONMDIQVVEEVHCATDHCERTMedian
NameOneMedNetIQVIA Veeva Sy.Health C.Definiti.Certara  
1M Rtn8.3%4.0%5.2%23.5%24.6%4.7%6.8%
3M Rtn8.3%57.7%63.4%7.4%20.7%63.5%39.2%
6M Rtn-21.3%62.6%45.7%72.6%-19.8%41.3%43.5%
12M Rtn-28.6%43.8%-7.2%-35.9%-79.3%-24.3%-26.5%
3Y Rtn-94.2%35.9%28.4%-80.7%-88.7%-37.3%-59.0%
1M Excs Rtn7.2%2.8%4.1%22.4%23.5%3.6%5.6%
3M Excs Rtn2.9%52.3%57.9%2.0%15.3%58.1%33.8%
6M Excs Rtn-36.7%43.8%22.9%38.2%-43.2%21.1%22.0%
12M Excs Rtn-47.6%27.8%-22.6%-51.1%-95.4%-39.6%-43.6%
3Y Excs Rtn-168.7%-46.9%-49.6%-156.3%-163.5%-111.8%-134.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment11111
Total11111


Price Behavior

Price Behavior
Market Price$0.65 
Market Cap ($ Bil)0.0 
First Trading Date06/24/2021 
Distance from 52W High-79.3% 
   50 Days200 Days
DMA Price$0.65$0.84
DMA Trenddowndown
Distance from DMA-0.5%-22.7%
 3M1YR
Volatility104.8%199.7%
Downside Capture167.91145.48
Upside Capture164.2180.15
Correlation (SPY)17.5%5.0%
ONMD Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta0.983.341.411.020.850.63
Up Beta0.362.092.132.410.75-0.43
Down Beta5.992.960.520.22-1.050.22
Up Capture-58%311%93%2%90%33%
Bmk +ve Days10213268138427
Stock +ve Days10182961116312
Down Capture408%455%208%139%141%112%
Bmk -ve Days11213259113324
Stock -ve Days11243565132415

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONMD
ONMD-31.2%199.4%0.51-
Sector ETF (XLV)26.0%16.1%1.24-5.4%
Equity (SPY)17.6%13.0%0.984.9%
Gold (GLD)18.0%29.3%0.566.3%
Commodities (DBC)46.6%20.7%1.75-0.8%
Real Estate (VNQ)5.2%13.6%0.12-11.0%
Bitcoin (BTCUSD)-26.0%44.9%-0.544.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONMD
ONMD-41.3%217.5%0.38-
Sector ETF (XLV)6.8%15.2%0.26-2.6%
Equity (SPY)13.3%17.2%0.593.2%
Gold (GLD)18.9%18.8%0.81-0.9%
Commodities (DBC)10.8%19.6%0.43-2.7%
Real Estate (VNQ)1.0%18.9%-0.05-4.1%
Bitcoin (BTCUSD)12.7%52.6%0.42-1.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONMD
ONMD-23.3%214.4%0.38-
Sector ETF (XLV)10.8%16.7%0.52-2.5%
Equity (SPY)15.4%17.9%0.733.2%
Gold (GLD)12.2%16.4%0.61-0.9%
Commodities (DBC)8.3%18.1%0.37-2.7%
Real Estate (VNQ)4.7%20.7%0.19-4.1%
Bitcoin (BTCUSD)64.0%66.2%1.04-1.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity0.9 Mil
Short Interest: % Change Since 815202621.4%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest2.6 days
Basic Shares Quantity58.0 Mil
Short % of Basic Shares1.5%

Earnings Returns History

Updated 7/24/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/23/2024200.0%432.7%100.0%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive200.0%432.7%100.0%
Median Negative   
Max Positive200.0%432.7%100.0%
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/23/2024200.0%432.7%100.0%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive200.0%432.7%100.0%
Median Negative   
Max Positive200.0%432.7%100.0%
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202503/30/202610-K
09/30/202511/14/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202404/15/202510-K
09/30/202412/17/202410-Q
06/30/202412/11/202410-Q
03/31/202412/05/202410-Q
12/31/202304/09/202410-K
09/30/202311/20/202310-Q
06/30/202310/02/2023424B3
09/30/202212/18/202310-Q/A
12/31/202107/22/2022S-4
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202503/30/202610-K
09/30/202511/14/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202404/15/202510-K
09/30/202412/17/202410-Q
06/30/202412/11/202410-Q
03/31/202412/05/202410-Q
12/31/202304/09/202410-K
09/30/202311/20/202310-Q
06/30/202310/02/2023424B3
09/30/202212/18/202310-Q/A
12/31/202107/22/2022S-4

Insider Activity

Updated 9/14/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Yu, JeffreyChief Medical OfficerDirectBuy91420260.63142,85790,0005,621,658Form
2Kosasa, ThomasDirectBuy80720260.691,449,2751,000,00012,791,323Form
3Green, AaronChief Executive OfficerDirectBuy62320260.5736,65021,0111,087,192Form
4Yu, JeffreyChief Medical OfficerDirectBuy62320260.63158,730100,0005,531,658Form
5Yu, JeffreyChief Medical OfficerDirectBuy61720260.58172,414100,0005,000,574Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Yu, JeffreyChief Medical OfficerDirectBuy91420260.63142,85790,0005,621,658Form
2Kosasa, ThomasDirectBuy80720260.691,449,2751,000,00012,791,323Form
3Green, AaronChief Executive OfficerDirectBuy62320260.5736,65021,0111,087,192Form
4Yu, JeffreyChief Medical OfficerDirectBuy62320260.63158,730100,0005,531,658Form
5Yu, JeffreyChief Medical OfficerDirectBuy61720260.58172,414100,0005,000,574Form
6Green, AaronChief Executive OfficerDirectBuy61520260.5418,70210,0921,003,508Form
7Green, AaronChief Executive OfficerDirectBuy61520260.5636,92020,6051,027,475Form
8Kosasa, ThomasDirectBuy61420260.63158,730100,00010,765,991Form
9Kosasa, ThomasDirectBuy52020260.93268,817250,00015,745,034Form
10Kosasa, ThomasDirectBuy42420260.89280,898249,99914,828,581Form
11Yu, JeffreyChief Medical OfficerDirectBuy42420260.83903,614750,0006,830,765Form
12Kosasa, ThomasDirectBuy42420260.84595,238500,00013,759,560Form
13Green, AaronChief Executive OfficerDirectSell122320251.2061,55573,9032,166,006Form
14Green, AaronChief Executive OfficerDirectSell122320252.2364,767144,7224,168,813Form
15Casaburi, EricDirectBuy112620253.0510,00030,500199,699Form
16Yu, JeffreyChief Medical OfficerDirectBuy112620251.031,2501,2887,293,660Form
17Yu, JeffreyChief Medical OfficerDirectBuy112620251.0217,20017,5447,221,572Form
18Kosasa, ThomasDirectBuy112620250.936,0005,59914,687,172Form
19Yu, JeffreyChief Medical OfficerDirectBuy112620250.935,7005,3016,568,379Form
20Yu, JeffreyChief Medical OfficerDirectBuy112620250.954003806,704,219Form
21Yu, JeffreyChief Medical OfficerDirectBuy112620250.891,2501,1126,280,439Form
22Yu, JeffreyChief Medical OfficerDirectBuy112620250.917006376,420,435Form
23Yu, JeffreyChief Medical OfficerDirectBuy112620250.862,1001,8066,067,062Form
24Yu, JeffreyChief Medical OfficerDirectBuy112620250.8711,81010,2756,135,782Form
25Yu, JeffreyChief Medical OfficerDirectBuy112620250.8111,6709,4535,703,059Form
26Yu, JeffreyChief Medical OfficerDirectBuy112620250.8524,31920,6715,974,772Form
27Yu, JeffreyChief Medical OfficerDirectBuy112620250.8210,8908,9305,743,956Form
28Kosasa, ThomasDirectBuy112620250.86581,395500,00013,531,404Form
29Yu, JeffreyChief Medical OfficerDirectBuy112620250.8017,00013,6005,595,147Form
30Yu, JeffreyChief Medical OfficerDirectBuy112620250.6921,37414,7484,814,084Form
31Yu, JeffreyChief Medical OfficerDirectBuy112620250.69173,350119,6114,799,336Form
32Yu, JeffreyChief Medical OfficerDirectBuy112620250.7513,3009,9755,086,658Form
33Yu, JeffreyChief Medical OfficerDirectBuy112620250.7715,00011,5505,212,061Form
34Yu, JeffreyChief Medical OfficerDirectBuy112620250.7716,50012,7055,200,511Form
35Yu, JeffreyChief Medical OfficerDirectBuy112620250.421,666,666700,0002,829,712Form
36Kosasa, ThomasDirectBuy112620250.421,190,476500,0006,364,174Form
37Kosasa, ThomasDirectBuy112620250.3855,00021,0163,240,523Form
38Kosasa, ThomasDirectBuy112620250.4947,00022,8614,098,321Form
39Yu, JeffreyChief Medical OfficerDirectBuy112620250.99100992,735,563Form
40Casaburi, EricDirectBuy112620250.871,3001,13148,263Form
41Casaburi, EricDirectBuy112620250.8550042546,049Form
42Yu, JeffreyChief Medical OfficerDirectBuy112620250.661,6001,0561,671,335Form
43Yu, JeffreyChief Medical OfficerDirectBuy112620250.688005441,720,894Form
44Yu, JeffreyChief Medical OfficerDirectBuy112620251.221001223,086,510Form
45Yu, JeffreyChief Medical OfficerDirectBuy112620251.4114203,567,055Form
46Yu, JeffreyChief Medical OfficerDirectBuy112620251.3410133,389,948Form
47Yu, JeffreyChief Medical OfficerDirectBuy112620251.3513183,415,233Form
48Yu, JeffreyChief Medical OfficerDirectBuy112620251.192,2372,6623,010,449Form
49Yu, JeffreyChief Medical OfficerDirectBuy112620251.109131,0042,780,307Form
50Casaburi, EricDirectBuy112620250.924,1003,77249,381Form
51Yu, JeffreyChief Medical OfficerDirectBuy112620250.521,2036261,313,852Form
52Yu, JeffreyChief Medical OfficerDirectBuy112620250.69105721,742,551Form
53Yu, JeffreyChief Medical OfficerDirectBuy112620250.68106721,717,225Form
54Yu, JeffreyChief Medical OfficerDirectBuy112620250.652141391,641,396Form
55Yu, JeffreyChief Medical OfficerDirectBuy112620250.603502101,515,007Form
56Yu, JeffreyChief Medical OfficerDirectBuy112620250.62100621,565,290Form
57Yu, JeffreyChief Medical OfficerDirectBuy112620250.65100651,640,965Form
58Yu, JeffreyChief Medical OfficerDirectBuy112620250.79100791,994,324Form
59Yu, JeffreyChief Medical OfficerDirectBuy112620250.8416132,120,463Form
60Casaburi, EricDirectBuy112620250.742,0001,48036,686Form
61Casaburi, EricDirectBuy112620250.7257541434,254Form
62Yu, JeffreyChief Medical OfficerDirectBuy112620250.82100822,069,963Form
63Casaburi, EricDirectBuy112620250.772,0001,54036,190Form
64Yu, JeffreyChief Medical OfficerDirectBuy112620251.19223,003,852Form
65Yu, JeffreyChief Medical OfficerDirectBuy112620251.451,3571,9683,660,152Form
66Yu, JeffreyChief Medical OfficerDirectBuy112620251.144004562,876,090Form
67Yu, JeffreyChief Medical OfficerDirectBuy112620251.049509882,623,385Form
68Yu, JeffreyChief Medical OfficerDirectBuy112620250.565,3863,0161,412,060Form
69Yu, JeffreyChief Medical OfficerDirectBuy112620250.552,3041,2671,383,882Form
70Yu, JeffreyChief Medical OfficerDirectBuy112620250.557404071,382,615Form
71Yu, JeffreyChief Medical OfficerDirectBuy112620250.527203741,306,815Form
72Yu, JeffreyChief Medical OfficerDirectBuy112620250.495,0352,4671,231,069Form
73Yu, JeffreyChief Medical OfficerDirectBuy112620250.4860291,181,928Form
74Yu, JeffreyChief Medical OfficerDirectBuy112620250.613622211,501,998Form
75Yu, JeffreyChief Medical OfficerDirectBuy112620250.7515111,846,447Form
76Yu, JeffreyChief Medical OfficerDirectBuy112620250.8120161,994,150Form
77Yu, JeffreyChief Medical OfficerDirectBuy112620250.8520172,092,610Form
78Yu, JeffreyChief Medical OfficerDirectBuy112620250.86100862,117,212Form
79Yu, JeffreyChief Medical OfficerDirectBuy112620250.831082,043,272Form
80Yu, JeffreyChief Medical OfficerDirectBuy112620250.841801512,067,882Form
81Yu, JeffreyChief Medical OfficerDirectBuy112620250.8220162,018,499Form
82Yu, JeffreyChief Medical OfficerDirectBuy112620251.0310102,535,411Form
83Yu, JeffreyChief Medical OfficerDirectBuy112620250.921092,264,630Form
84Yu, JeffreyChief Medical OfficerDirectBuy112620251.0950552,683,083Form
85Yu, JeffreyChief Medical OfficerDirectBuy112620251.063,0403,2222,609,184Form
86Yu, JeffreyChief Medical OfficerDirectBuy112620251.3630413,343,497Form
87Yu, JeffreyChief Medical OfficerDirectBuy112620251.313,3004,3233,220,535Form
88Golden, Robert LawrenceChief Financial OfficerDirectBuy112620251.71300513513Form
Core Cache Last Updated: 9/22/2026