XOMA Financials XOMA Royalty Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has declined 18.0% per year over the past 5 years.
Net income has grown faster than revenue (19.0% vs -18.0% per year).
Operating margin has expanded, at 110.0% in the latest year.

Financial health

Total debt ($109M) exceeds cash ($83M); net debt is $26M.
Total debt has grown faster than revenue (39.2% vs -18.0% per year).
Total debt is 9.6× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 17.3% of earnings.
The dividend has grown 11.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$10M	$32M	0.0%	110.0%	—	$109M	$83M
2024	$7M	-$14M	0.0%	-601.1%	-$14M	$118M	$102M
2023	$3M	-$41M	0.0%	-1579.2%	-$18M	$124M	$153M
2022	$4M	-$17M	0.0%	-419.6%	—	$0	$58M
2021	$37M	$16M	0.0%	48.0%	—	—	$93M
2020	$28M	$13M	0.0%	44.4%	$10M	$21M	—
2019	$17M	-$2M	0.0%	-22.5%	—	$32M	—
2018	$5M	-$13M	0.0%	-332.6%	-$13M	$22M	$46M
2017	$52M	$15M	0.0%	32.5%	$3M	$15M	$43M
2016	—	-$54M	—	—	—	$43M	$26M
2015	—	-$21M	—	—	—	$49M	$66M
2014	—	-$38M	—	—	—	$35M	$78M
2013	—	-$124M	—	—	-$47M	$41M	$102M
2012	—	-$71M	—	—	-$43M	$41M	$45M
2011	—	-$33M	—	—	-$32M	$36M	$48M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$12M	$4M	0.0%	-3.9%	—	$103M	$86M
Dec '25	$14M	$6M	0.0%	15.9%	—	$109M	$83M
Sep '25	$9M	$14M	0.0%	-14.2%	—	$109M	$45M
Jun '25	$13M	$9M	0.0%	35.1%	—	$114M	$75M
Mar '25	$16M	$2M	0.0%	37.3%	—	$114M	$90M
Dec '24	$9M	-$4M	0.0%	-83.2%	-$3M	$118M	$102M
Sep '24	$7M	-$17M	0.0%	-217.3%	-$9M	$118M	$142M
Jun '24	$11M	$16M	0.0%	-90.9%	$3M	$121M	$144M
Mar '24	$1M	-$9M	0.0%	-470.1%	-$5M	$121M	$136M
Dec '23	$2M	-$20M	0.0%	-1087.5%	—	$124M	$153M
Sep '23	$830000	-$6M	0.0%	-697.2%	—	—	$33M
Jun '23	$2M	-$5M	0.0%	-359.3%	—	—	$31M
Mar '23	$437000	-$10M	0.0%	-2327.2%	—	—	$44M
Dec '22	$1M	-$6M	0.0%	-417.9%	—	$0	$58M
Sep '22	$451000	-$4M	0.0%	-969.4%	—	—	$78M
Jun '22	$983000	-$5M	0.0%	-484.9%	—	—	$83M
Mar '22	$3M	-$2M	0.0%	-66.5%	—	—	$88M
Dec '21	$36M	$30M	0.0%	84.5%	—	—	$93M
Sep '21	$940000	-$4M	0.0%	-355.9%	—	—	—
Jun '21	$901000	-$2M	0.0%	-340.1%	—	—	—

Valuation over time

How the market has priced XOMA 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.

The price-to-earnings ratio has risen from 10.5× (Dec '25) to 16.7× (Jun '26).
The price-to-sales ratio has fallen from 63.9× (Mar '23) to 51.1× (Jun '26).
The dividend yield has fallen from 2.1% (Mar '23) to 1.0% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is XOMA growing its revenue and profit?

Over the past 5 years, XOMA Royalty Corp's revenue has declined 18.0% per year, and net income grown 19.0% per year. These are computed facts, not advice.

How much debt does XOMA have?

As of FY2025, XOMA Royalty Corp reported $109M of total debt against $83M of cash.

What is XOMA's profit margin?

In FY2025, gross margin was —, operating margin 110.0%, and net margin 306.4%.

What is XOMA's P/E ratio?

As of Jun '26, XOMA Royalty Corp traded at a price-to-earnings ratio of about 16.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

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.