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 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 XOMAP 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 fallen from 15.0× (Jan '26) to 14.4× (Jun '26).
The price-to-sales ratio has fallen from 104.6× (Mar '23) to 44.2× (Jun '26).
The dividend yield has fallen from 1.3% (Mar '23) to 1.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is XOMAP 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 XOMAP have?
As of FY2025, XOMA Royalty Corp reported $109M of total debt against $83M of cash.
What is XOMAP's profit margin?
In FY2025, gross margin was —, operating margin 110.0%, and net margin 306.4%.
What is XOMAP's P/E ratio?
As of Jun '26, XOMA Royalty Corp traded at a price-to-earnings ratio of about 14.4× (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.