Xencor, Inc.
NASDAQ•XNCR
CEO: Dr. Bassil I. Dahiyat Ph.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2013-12-03
Xencor, Inc., a clinical stage biopharmaceutical company, focuses on the discovery and development of engineered monoclonal antibody and cytokine therapeutics to treat patients with cancer and autoimmune diseases. The company provides Sotrovimab that targets the SARS-CoV-2 virus; Ultomiris for the treatment of patients with paroxysmal nocturnal hemoglobinuria and atypical hemolytic uremic syndrome; and Monjuvi for the treatment of patients with relapsed or refractory diffuse large B-cell lymphoma. It develops Plamotamab, a bispecific antibody, which is in Phase I clinical trial to treat non-Hodgkin lymphoma; Vudalimab, a bispecific antibody, which is in Phase II clinical trial to treat metastatic castration-resistant prostate cancer and other solid tumor types. The company is also developing XmAb306, which is in Phase I clinical trial to treat solid tumors; XmAb104, which is in Phase II clinical trial to treat patients with selected solid tumors; XmAb564 that is in Phase Ia clinical trial to treat autoimmune diseases; AMG 509, which is in Phase I clinical trial to treat prostate cancer; XmAb819 for patients with renal cell carcinoma; XmAb541 for the treatment of ovarian cancer; and XmAb662 which is in Phase I clinical trial to treat patients with solid tumors. In addition, the company develops VIR-3434, which is in Phase II clinical trial for patients with hepatitis B virus infection; and VIR-2482 that is in Phase 2 clinical trial to trat hepatitis B virus. The company develops AIMab7195 to reduce blood serum levels of IgE that mediates allergic responses and allergic disease; Obexelimab to treat autoimmune disease; and Xpro1595 to treat patients with Alzheimer's disease, and depression. It has a license agreement with Caris Life Sciences. Xencor, Inc. was incorporated in 1997 and is headquartered in Pasadena, California.
Contact Information
Market Cap
$851.46M
P/E (TTM)
-9.4
17.5
Dividend Yield
--
52W High
$18.69
52W Low
$6.92
52W Range
Rank46Top 59.5%
3.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$28.24M+0.00%
4-Quarter Trend
EPS
-$0.09+0.00%
4-Quarter Trend
FCF
-$52.85M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Increased 13.7% Total revenues reached 125.58M USD, up 13.7% from 110.49M USD in 2024, driven by licensing events.
Net Loss Significantly Reduced Net loss attributable to Xencor narrowed to 91.92M USD, a 60.5% reduction compared to 232.62M USD loss in 2024.
Milestone Revenue Recognized Recognized 45.30M USD in milestone revenue during 2025, including payments from Incyte and Vir Bio clinical study initiations.
Cash Position Strengthened Cash, cash equivalents, and restricted cash totaled 54.36M USD at year-end, increasing by 31.7% from prior year.
Risk Factors
Success Depends on XmAb Platform Success relies on expanding XmAb technology to build marketable products; regulatory approval is not certain for candidates.
Future Financing Required Anticipates incurring significant losses; additional financing is required, risking substantial dilution for current stockholders.
Clinical Trial Uncertainty Remains Clinical trials are expensive, uncertain, and results may not predict future success, potentially delaying regulatory approval.
Ongoing Intellectual Property Litigation Facing patent infringement suit from Merus; adverse ruling could halt commercialization or result in monetary damages.
Outlook
Advance Key Oncology Programs Focus remains on advancing wholly owned T-cell engaging candidates XmAb819, XmAb541, and XmAb808 in oncology.
Expand Autoimmune Pipeline Progress Initiating first-in-human studies for XmAb412 in 2026; XmAb942 Phase 2b study underway for IBD treatment.
Leverage Partnership Revenue Streams Expect continued revenue generation from licensing and collaboration agreements, retaining rights for prioritized internal programs.
Protect Proprietary Technology Portfolio Seeking to protect proprietary XmAb technologies and drug candidates by filing and prosecuting patents in key jurisdictions.
Peer Comparison
Revenue (TTM)
$234.60M
$175.11M
$125.58M
Gross Margin (Latest Quarter)
199.8%
97.3%
91.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TNGX | $1.99B | -19.6 | -50.3% | 8.4% |
| RLAY | $1.89B | -6.5 | -43.2% | 5.2% |
| ANAB | $1.83B | -134.0 | 1813.8% | 79.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.8%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data