Xencor Inc (NASDAQ:XNCR)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $200.5M
- Net income
- -$117.9M
- Net margin
- -58.8%
Little or no net debt.
- Total debt
- $160.2M
- Cash
- $59.6M
- Debt / equity
- 0.29
Comfortably covers what is due within a year.
- Current assets
- $498.7M
- Current liabilities
- $76.3M
- Current ratio
- 6.54
Consumes cash and must keep raising it.
- Operating cash flow
- -$172.4M
- Free cash flow
- -$176.4M
- FCF margin
- -88.0%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 76.2M
- Share growth (1y)
- 2.4%
- Cash runway
- 4 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
XNCR Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | $116.52 M | $51.22 M | $4.52 M | $28.24 M | $21.00 M | $43.61 M |
| Revenue Growth (YoY) | 454.88 % | 17.46 % | -86.20 % | -59.67 % | 18.00 % | 157.12 % |
| Cost of Revenue | $0.00 | $0.00 | $2.57 M | $2.58 M | $54.37 M | $2.65 M |
| Gross Profit | $116.52 M | $51.22 M | $1.95 M | $25.66 M | -$33.37 M | $40.95 M |
| SG&A Expense | $9.36 M | $16.38 M | $17.71 M | $17.04 M | $14.15 M | $15.12 M |
| R&D Expense | $84.30 M | $71.91 M | $64.67 M | $64.82 M | $54.37 M | $61.66 M |
| Operating Expenses | $93.66 M | $88.29 M | $79.81 M | $79.29 M | $14.15 M | $74.13 M |
| Operating Income | $22.86 M | -$37.07 M | -$77.86 M | -$53.63 M | -$47.52 M | -$33.17 M |
| Pretax Income | $39.26 M | -$21.92 M | -$128.64 M | -$4.27 M | -$6.03 M | -$31.07 M |
| Tax Provision | -$175.00 K | -$190.00 K | $280.00 K | $2.39 M | $0.00 | -$250.00 K |
| Net Income | $39.44 M | -$21.73 M | -$128.92 M | -$6.65 M | -$6.03 M | -$30.82 M |
| EPS (Basic) | $0.52 | -$0.29 | -$1.71 | -$0.09 | -$0.08 | -$0.41 |
| EPS (Diluted) | $0.50 | -$0.29 | -$1.71 | -$0.09 | -$0.08 | -$0.41 |
| Shares Outstanding | 76.22 M | 75.86 M | 75.25 M | 74.24 M | 74.41 M | 74.28 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.