Company research
Xencor Inc
CIK 1326732Updated Sep 26, 2026
SecurityXNCR · NASDAQ · equity
XNCR price & chart
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Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13G filing
Entry into a Material Definitive Agreement · Results of Operations and Financial Condition · Regulation FD Disclosure
Items 1.01, 2.02, 7.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 875,495,000Source | 951,945,000Source | 965,135,000Source | 846,266,000Source |
| Property, Plant and Equipment, NetUSD | 53,308,000Source | 59,800,000Source | 66,124,000Source | 59,183,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 8,385,000Source | 18,485,000Source | 18,663,000Source | 18,500,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 54,073,000Source | 40,875,000Source | 53,790,000Source | 53,942,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 29,299,000Source | 60,849,000Source | 23,739,000Source | 28,997,000Source |
| Assets, CurrentUSD | 599,821,000Source | 577,601,000Source | 635,603,000Source | 675,342,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 22,789,000Source | 18,977,000Source | 18,139,000Source | 23,283,000Source |
| Operating Lease, Right-of-Use AssetUSD | 37,592,000Source | 38,341,000Source | 33,995,000Source | 34,419,000Source |
| Other Assets, NoncurrentUSD | 498,000Source | 498,000Source | 648,000Source | 613,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 239,908,000Source | 277,919,000Source | 303,048,000Source | 118,770,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 718,000Source | 703,000Source | 611,000Source | 601,000Source |
| Additional Paid in CapitalUSD | 1,429,252,000Source | 1,381,607,000Source | 1,131,266,000Source | 1,072,132,000Source |
| Retained Earnings (Accumulated Deficit)USD | -795,959,000Source | -704,036,000Source | -471,418,000Source | -338,285,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,576,000Source | -663,000Source | 1,291,000Source | -6,952,000Source |
| Stockholders' Equity Attributable to ParentUSD | 635,587,000Source | 677,611,000Source | 661,750,000Source | 727,496,000Source |
| Liabilities and EquityUSD | 875,495,000Source | 951,945,000Source | 965,135,000Source | 846,266,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 95,907,000Source | 87,432,000Source | 73,915,000Source | 63,844,000Source |
| Operating Lease, Liability, CurrentUSD | 3,263,000Source | 3,009,000Source | 3,435,000Source | 4,708,000Source |
| Accounts Payable, CurrentUSD | 10,828,000Source | 16,759,000Source | 13,914,000Source | 10,088,000Source |
| Operating Lease, Liability, NoncurrentUSD | 64,735,000Source | 65,338,000Source | 59,025,000Source | 54,926,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 0Source | -3,585,000Source | 337,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 34,960,000Source | 19,217,000Source | 23,564,000Source | 18,728,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 76,482,000Source | 115,159,000Source | 161,772,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -92,137,000Source | -236,540,000Source | -133,296,000Source | -55,181,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 10,512,000Source | 12,107,000Source | 11,498,000Source | 8,799,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 43,227,000Source | 53,281,000Source | 53,755,000Source | 48,913,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -28,734,000Source | — | — | — |
| Increase (Decrease) in Accounts PayableUSD | -3,953,000Source | 2,845,000Source | 3,826,000Source | -3,913,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -135,117,000Source | -202,188,000Source | -77,926,000Source | 24,485,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 139,985,000Source | -7,872,000Source | -111,065,000Source | -119,725,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,150,000Source | 6,097,000Source | 18,448,000Source | 38,494,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 8,232,000Source | 197,152,000Source | 189,219,000Source | 5,702,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 13,100,000Source | -12,908,000Source | 228,000Source | -89,538,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 54,362,000Source | 41,262,000Source | 54,170,000Source | 53,942,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 5,000Source | 33,000Source | 22,000Source | 13,000Source |
| Income Taxes Paid, NetUSD | 7,312,000Source | 6,100,000Source | 0Source | 700,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 53,300,000Source | 53,800,000Source | 48,900,000Source |
| Amortization of Intangible AssetsUSD | 900,000Source | 1,300,000Source | 1,300,000Source | 1,400,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 101,514,000Source | -31,422,000Source | -395,000Source | 23,434,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 14,388,000Source | 1,280,000Source | 0Source | 0Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 87,126,000Source | -32,702,000Source | -395,000Source | 23,434,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 20,430,000Source | 0Source | 100,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 0Source | -1,577,000Source | -1,379,000Source | -145,000Source |
| General and Administrative ExpenseUSD | 63,644,000Source | 61,215,000Source | 53,379,000Source | 47,489,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 9,200,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 2,504,000Source | 1,617,000Source | 13,662,000Source | 673,000Source |
| InterestExpenseNonoperatingUSD | 31,927,000Source | 36,643,000Source | — | — |
| Investment Income, InterestUSD | 27,524,000Source | — | 19,331,000Source | — |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | 37,000Source | — | 0Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 87,126,000Source | -1,954,000Source | 8,243,000Source | -5,442,000Source |
| Net Income (Loss) Attributable to ParentUSD | -91,923,000Source | -232,618,000Source | -133,133,000Source | -55,181,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -214,000Source | -3,922,000Source | -163,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -91,923,000Source | -232,618,000Source | -133,133,000Source | -55,181,000Source |
| Nonoperating Income (Expense)USD | 87,869,000Source | -56,515,000Source | 12,728,000Source | 27,965,000Source |
| Operating ExpensesUSD | 303,078,000Source | 288,901,000Source | 306,977,000Source | 247,052,000Source |
| Other Nonoperating Income (Expense)USD | -73,000Source | 50,000Source | -31,000Source | -286,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 201,256,000Source | 0Source | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | 565,358,000Source | — | — |
| Proceeds from Noncontrolling InterestsUSD | 0Source | 0Source | 500,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 125,576,000Source | 110,493,000Source | 174,615,000Source | 164,579,000Source |
| Operating Income (Loss)USD | -177,502,000Source | -178,408,000Source | -132,362,000Source | -82,473,000Source |
| Other Nonoperating Income (Expense)USD | -73,000Source | 50,000Source | -31,000Source | -286,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -89,633,000Source | -234,923,000Source | -119,634,000Source | -54,508,000Source |
| Income Tax Expense (Benefit)USD | 2,504,000Source | 1,617,000Source | 13,662,000Source | 673,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -214,000Source | -3,922,000Source | -163,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -91,923,000Source | -232,618,000Source | -133,133,000Source | -55,181,000Source |
| Earnings Per Share, BasicUSD per share | -1.24Source | -3.58Source | -2.2Source | -0.93Source |
| Earnings Per Share, DilutedUSD per share | -1.24Source | -3.58Source | -2.2Source | -0.93Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 74,239,000Source | 65,041,265Source | 60,503,283Source | 59,652,461Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 74,239,000Source | 65,041,265Source | 60,503,283Source | 59,652,461Source |
| Interest Expense (non-operating)USD | 31,927,000Source | 36,643,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 900,000Source | 1,300,000Source | 1,300,000Source | 1,400,000Source |
| Current Income Tax Expense (Benefit)USD | 2,504,000Source | 1,617,000Source | 13,662,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 9,600,000Source | 10,800,000Source | 10,100,000Source | 7,400,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 14,388,000Source | 1,280,000Source | 0Source | 0Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 20,430,000Source | 0Source | 100,000Source |
| General and Administrative ExpenseUSD | 63,644,000Source | 61,215,000Source | 53,379,000Source | 47,489,000Source |
| Interest ExpenseUSD | — | — | 6,177,000Source | — |
| Interest Income (Expense), NetUSD | — | 31,930,000Source | 18,626,000Source | 4,817,000Source |
| Investment Income, InterestUSD | 27,524,000Source | — | 19,331,000Source | — |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | 37,000Source | — | 0Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -91,923,000Source | -232,618,000Source | -133,133,000Source | -55,181,000Source |
| Nonoperating Income (Expense)USD | 87,869,000Source | -56,515,000Source | 12,728,000Source | 27,965,000Source |
| Operating ExpensesUSD | 303,078,000Source | 288,901,000Source | 306,977,000Source | 247,052,000Source |
| Research and Development ExpenseUSD | 239,434,000Source | 227,686,000Source | 253,598,000Source | 199,563,000Source |