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Companies / Health Care / Olema Pharmaceuticals, Inc.
OLMA

Olema Pharmaceuticals, Inc.

Health CarePharmaceutical Preparations
Ticker OLMASAN FRANCISCO, CAFiscal year ends DecemberBook value per share $4.15Diluted shares 103.6M

Olema Pharmaceuticals, Inc. (Nasdaq: OLMA) is a clinical-stage biopharmaceutical company developing targeted therapies for breast cancer and other cancers. Its lead candidate, palazestrant, is an oral small molecule designed to block and degrade the estrogen receptor; it is being studied as a monotherapy and in… From the company’s description.

In fiscal 2025, Olema Pharmaceuticals, Inc. reported a net loss of $162.45M. Operations used $146.72M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-162.45MFY2025
−25.5% year over year
Last 12 mo $-204.57M
-33.95%FY2025
−2.3 percentage points
Last 12 mo -47.51%
Cash & financing
$-146.72MFY2025
−40.6% year over year
Last 12 mo $-164.74M
$-146.72MFY2025
−40.4% year over year
Last 12 mo $-164.74M
0.01FY2025
Last 12 mo 0.01
87.0MFY2025
+48.1% year over year
Last 12 mo 103.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Olema Pharmaceuticals, Inc. does

In the company’s own words

Olema Pharmaceuticals, Inc. (Nasdaq: OLMA) is a clinical-stage biopharmaceutical company developing targeted therapies for breast cancer and other cancers. Its lead candidate, palazestrant, is an oral small molecule designed to block and degrade the estrogen receptor; it is being studied as a monotherapy and in combinations for ER-positive, HER2-negative advanced or metastatic breast cancer. Olema’s second clinical-stage candidate, OP-3136, is an oral inhibitor of the KAT6 epigenetic target being evaluated in breast and other cancers. The company’s research also explores additional targeted therapies for breast cancer, while clinical collaborations support development of its candidates. Olema owns worldwide development and commercialization rights to palazestrant and OP-3136, relies on third parties to manufacture its candidates, and has no products approved for commercial sale. Its pipeline includes two pivotal Phase 3 trials of palazestrant: OPERA-01 as a monotherapy and OPERA-02 with ribociclib. In 2025, the company initiated a Phase 1 trial of OP-3136 and OPERA-02. Its website is www.olema.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN FRANCISCO, CA
Fiscal year end
December
CIK
1750284
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-217.91M$-177.87M$-137.83M$-97.79M$-57.75M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Olema Pharmaceuticals, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

208
funds hold it
1 of 35
superinvestors hold it
$377.68M
held by funds, at market
32.7%
of shares held by funds

Superinvestors in Olema Pharmaceuticals, Inc. · what they did last quarter

Stanley DruckenmillerUNCHANGED
Duquesne Family Office
0.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Olema Pharmaceuticals, Inc.’s weight in each

0.32%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
Select Health Care Portfolio
FSPHX · Fidelity Select Portfolios
—of fund net assets
Strategic Advisers Fidelity U.S. Total Stock Fund
FCTDX · Fidelity Rutland Square Trust II
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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