13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $126M | -$92M | 0.0% | -141.4% | -$138M | $76M | $54M |
| 2024 | $110M | -$233M | 0.0% | -161.5% | -$208M | $115M | $41M |
| 2023 | $175M | -$133M | 0.0% | -75.8% | -$96M | $162M | $54M |
| 2022 | $165M | -$55M | 0.0% | -50.1% | -$14M | $0 | $54M |
| 2021 | $275M | $83M | 0.0% | 15.9% | -$30M | — | $143M |
| 2020 | $123M | -$69M | 0.0% | -62.6% | -$16M | — | $164M |
| 2019 | $157M | $27M | 0.0% | 8.8% | $57M | — | $50M |
| 2018 | $41M | -$70M | 0.0% | -195.5% | -$87M | — | $26M |
| 2017 | $46M | -$38M | 0.0% | -93.4% | -$39M | — | $17M |
| 2016 | $109M | $45M | 0.0% | 40.4% | $94M | — | $15M |
| 2015 | — | -$18M | — | — | $25M | — | $13M |
| 2014 | — | -$16M | — | — | — | — | $55M |
| 2013 | — | -$60M | — | — | — | — | $78M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $5M | -$129M | 0.0% | -1724.1% | -$68M | $82M | $14M |
| Dec '25 | $28M | -$7M | 0.0% | -189.9% | -$53M | $76M | $54M |
| Sep '25 | $21M | -$6M | 0.0% | -226.3% | -$31M | $88M | $28M |
| Jun '25 | $44M | -$31M | 0.0% | -76.1% | -$37M | $95M | $44M |
| Mar '25 | $33M | -$48M | 0.0% | -131.9% | -$18M | $102M | $40M |
| Dec '24 | $53M | -$46M | 0.0% | -25.0% | -$52M | $115M | $41M |
| Sep '24 | $18M | -$46M | 0.0% | -310.2% | -$29M | $128M | $29M |
| Jun '24 | $24M | -$67M | 0.0% | -231.6% | -$70M | $141M | $31M |
| Mar '24 | $16M | -$73M | 0.0% | -341.7% | -$57M | $151M | $31M |
| Dec '23 | $51M | -$26M | 0.0% | -53.7% | $17M | $162M | $54M |
| Sep '23 | $59M | -$24M | 0.0% | -30.9% | -$30M | — | $53M |
| Jun '23 | $46M | -$22M | 0.0% | -57.1% | -$42M | — | $35M |
| Mar '23 | $19M | -$61M | 0.0% | -320.3% | -$41M | — | $72M |
| Dec '22 | $22M | -$12M | 0.0% | -197.1% | -$34M | $0 | $54M |
| Sep '22 | $27M | -$33M | 0.0% | -140.5% | -$15M | — | $53M |
| Jun '22 | $30M | -$34M | 0.0% | -92.8% | $32M | — | $49M |
| Mar '22 | $85M | $24M | 0.0% | 31.0% | $4M | — | $78M |
| Dec '21 | $154M | $73M | 0.0% | 59.5% | $55M | — | $143M |
| Sep '21 | $20M | -$40M | 0.0% | -209.8% | -$42M | — | $41M |
| Jun '21 | $67M | $52M | 0.0% | 13.5% | -$12M | — | $116M |
How the market has priced XNCR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Xencor Inc's revenue has grown 0.5% per year. These are computed facts, not advice.
As of FY2025, Xencor Inc reported $76M of total debt against $54M of cash; operating income covered interest expense -5.6×.
In FY2025, gross margin was —, operating margin -141.4%, and net margin -73.2%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.