7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 
      
    		                                               
      revenue
    		                                               
      collaborations, milestones, and royalties
    		20,999,000 43,608,000 32,732,000 10,118,750 10,710,000 16,960,000 12,805,000 30,912,250 59,164,000 45,523,000 18,962,000 35,742,250 27,299,000 30,175,000 85,495,000                                 
      operating expenses:
    		                                               
      research and development
    		54,367,000 61,665,000 58,578,000 51,056,000 58,226,000 61,531,000 56,873,000 64,220,000 64,939,000 60,060,000 64,379,000 51,452,000 53,273,000 47,084,000 47,756,000 50,981,000 50,610,000 49,497,000 41,411,000 47,949,000 44,452,000 43,458,000 33,943,000 27,340,000 29,770,000 33,299,000 28,183,000 27,130,000 20,953,000 23,332,000 26,087,000 20,396,000 19,408,000 16,919,000 15,048,000 13,360,000 14,069,000 14,408,000 10,035,000 10,877,000 10,582,000 7,476,000 5,205,000 5,052,000 4,953,000 4,283,000 4,228,000 
      general and administrative
    		14,151,000 15,115,000 17,337,000 14,915,000 14,767,000 17,746,000 13,787,000 15,478,000 12,493,000 11,460,000 13,948,000 12,751,000 12,374,000 11,091,000 11,273,000 11,338,000 10,373,000 8,863,000 8,226,000 7,603,000 7,636,000 7,231,000 7,219,000 6,749,000 6,266,000 5,758,000 5,512,000 5,517,000 7,435,000 4,958,000 4,562,000 4,427,000 4,172,000 4,091,000 4,811,000 3,108,000 3,007,000 3,043,000 3,950,000 3,439,000 3,233,000 2,524,000 2,764,000 1,962,000 2,182,000 1,594,000 1,723,000 
      total operating expenses
    		68,518,000 76,780,000 75,915,000 65,971,000 72,993,000 79,277,000 70,660,000 79,698,000 77,432,000 71,520,000 78,327,000 64,203,000 65,647,000 58,175,000 59,029,000 62,319,000 60,983,000 58,360,000 49,637,000 55,552,000 52,088,000 50,689,000 41,162,000 34,089,000 36,036,000 39,057,000 33,695,000 32,647,000 28,388,000 28,290,000 30,649,000 24,823,000 23,580,000 21,010,000 19,859,000 16,468,000 17,076,000 17,451,000 13,985,000 14,316,000 13,815,000 10,000,000 7,969,000 7,014,000 7,135,000 5,877,000 5,951,000 
      operating income
    		-47,519,000 -33,172,000 -43,183,000                                             
      yoy
    		                                               
      qoq
    		43.25% -23.18%                                              
      operating margin %
    		                                               
      other income:
    		                                               
      interest income
    		6,538,000 7,248,000 7,538,000 8,164,000 7,537,000 7,681,000 7,471,000 6,954,000 5,016,000 3,764,000 2,892,000 2,068,000 1,379,000 717,000 653,000 139,500 196,000 147,000 215,000 712,000 1,423,000 2,090,000 3,039,000 3,418,000 3,699,000 3,615,000 2,886,000 2,823,000 2,642,000 2,486,000 1,158,000 1,052,000 1,048,000 1,038,000 1,057,000 785,000 579,000 368,000 359,000 773,000 676,000 290,000 101,000 2,000 2,000 11,000 18,000 
      interest expense
    		-7,665,000 -8,243,000 -8,665,000 -33,927,000 -795,000 -844,000                              18,000  -10,000 -27,000 -2,000        
      gain on marketable equity securities
    		44,201,000 4,967,000                                              
      asset impairment charges
    		-1,565,000 -1,858,000 -4,865,000                                             
      other
    		-17,000 -17,000 -31,000                                             
      total other income
    		41,492,000 2,097,000 -5,082,000 -56,673,000 15,986,000 -4,974,000 -10,854,000 21,556,000 -6,001,000 4,043,000 -1,398,000 30,136,000 6,677,000 -5,975,000 -2,872,000 14,363,750 1,109,000 43,161,000 13,185,000 7,000 4,172,000 2,582,000 703,000 3,373,000 3,702,000 3,588,000 2,701,000 2,884,000 2,499,000 2,421,000 1,156,000 805,000 1,101,000 1,065,000 1,054,000 318,000 580,000 358,000 335,000 106,750 275,000 118,000 34,000 8,500 9,000 9,000 16,000 
      income before income tax expense and noncontrolling interest
    		-6,027,000  -48,265,000                                             
      income tax expense
    		  367,000 1,500,000  117,000      -415,000 1,088,000             50,000 900,000       280,000 170,000             
      net income including noncontrolling interest
    		-6,027,000 -30,825,000 -48,632,000                                             
      net income attributable to noncontrolling interest
    		  -214,000                                             
      net income attributable to xencor, inc.
    		-6,027,000 -30,825,000 -48,418,000 -53,479,000 -45,143,000 -65,963,000 -68,033,000                                         
      net income per share
    		-0.08 -0.41 -0.66                                             
      weighted-average shares used for eps calculation
    		74,413 74,279 73,667                                            31,360,879,000 
      other comprehensive income, net of tax:
    		                                               
      net unrealized gain on marketable debt securities
    		900 -97      1,561,000 1,151,000 1,765,000 3,327,000    -5,611,000                                 
      comprehensive loss
    		-5,127 -30,922 -47,614     -25,185,500 -23,118,000 -20,189,000         -2,464,000           -25,676,000 -29,886,000    -14,390,000    -5,779,000 -6,338,750 -9,953,000 -8,923,000 -6,479,000     
      less: comprehensive loss attributable to the noncontrolling interest
    		  -214                                             
      comprehensive loss attributable to xencor, inc.
    		-5,127 -30,922 -47,400                                             
      income before income tax (benefit) expense and noncontrolling interest
    		 -31,075,000                                              
      income tax (benefit) expense
    		 -250,000                                              
      gains on equity securities
    		  941,000                                             
      other comprehensive loss, net of tax:
    		                                               
      net unrealized gains on marketable debt securities
    		  1,018                                             
      operating expenses
    		                                               
      income from operations
    		   4,047,000 -62,283,000 -62,317,000 -57,855,000 -35,009,000 -18,268,000 -25,997,000 -59,365,000 -42,593,000 -38,348,000 -28,000,000 26,466,000 -11,971,250 -41,300,000 9,087,000 -15,672,000 -13,698,000 -16,722,000 -37,600,000 -8,777,000 -30,573,000 -14,276,000 -19,572,000 78,244,000 -21,083,000 651,000 -28,290,000 -30,649,000 -13,883,000 -16,490,000 -7,670,000 -15,519,000 -10,028,000 -9,255,000 48,556,000 -6,733,000 7,438,000 -10,312,000 -8,986,000 -6,478,000 -1,350,000 -6,287,000   
      other income
    		   64,000 -10,000 -4,000  1,364,000 6,000 -9,000 -1,392,000 -42,000 -1,000 -147,000 -96,000 39,410,000 -593,000 -6,000 12,970,000 -705,000 2,749,000 492,000 -2,336,000 -45,000 3,000 -27,000 -185,000 77,000 -143,000 -62,000 2,000 21,500 56,000 30,000  1,000 3,000  3,000 -452,000 -397,000 -168,000 -63,000 1,000 9,000 1,000  
      impairment on equity securities
    		     220,000 -20,650,000                                         
      gain on equity securities
    		   -30,974,000 9,254,000 -12,027,000 2,325,000 13,238,000 -11,023,000 288,000  28,110,000 5,299,000 -6,545,000 -3,429,000 14,376,750 1,506,000 43,020,000                              
      income before income tax expense
    		   -45,574,250 -46,297,000 -67,291,000  -26,746,500 -24,269,000   -10,512,750 -31,671,000                     -6,605,000 -14,465,000             
      net income
    		   -54,126,000 -46,297,000 -67,408,000 -68,709,000 -19,264,000 -24,269,000 -21,954,000 -60,763,000 -12,042,000 -32,759,000 -33,975,000 23,594,000 73,030,000 -40,191,000 52,248,000 -2,487,000 -13,910,500 -12,550,000 -35,018,000 -8,074,000 13,446,750 -10,224,000 -16,034,000 80,045,000 -18,199,000 3,150,000 -25,869,000 -29,493,000 -9,270,500 -15,562,000 -6,885,000 -14,635,000 8,172,500 -8,077,000 47,165,000 -6,398,000 7,757,000 -10,037,000 -8,868,000 -6,444,000 -1,349,000 -6,278,000 -5,044,000 -3,751,000 
      yoy
    		   180.97% 90.77% 207.04% 13.08% 59.97% -25.92% -35.38% -357.54% -116.49% -18.49% -165.03% -1048.69% -625.00% 220.25% -249.20% -69.20% -203.45% 22.75% 118.40% -110.09% -173.89% -424.57% -38.02% -371.40% 96.31% -120.24% 275.73% 101.52% -213.44% 92.67% -114.60% 128.74% 5.36% -19.53% -631.86% -0.71% -675.02% 59.88% 75.81% 71.79%     
      qoq
    		   16.91% -31.32% -1.89% 256.67% -20.62% 10.54% -63.87% 404.59% -63.24% -3.58% -244.00% -67.69% -281.71% -176.92% -2200.84% -82.12% 10.84% -64.16% 333.71% -160.04% -231.52% -36.24% -120.03% -539.83% -677.75% -112.18% -12.29% 218.14% -40.43% 126.03% -52.96% -279.08% -201.18% -117.12% -837.18% -182.48% -177.28% 13.18% 37.62% 377.69% -78.51% 24.46% 34.47%  
      net income margin %
    		                                               
      net income attributable to non-controlling interest
    		   -647,000 -1,154,000 -1,445,000 -676,000                                         
      basic and diluted net income per common share attributable to xencor, inc.
    		   -717.5 -710 -1,070 -1,110                                         
      basic and diluted weighted-average common shares outstanding
    		    64,022,547,000 61,676,444,000 61,212,324,000  60,621,534,000 59,807,558,000         57,997,313,000           55,678,990,000 47,753,922,000                 
      other comprehensive income
    		                                               
      basic and diluted net income per common share
    		       -442.5 -400 -370         -40           -460 -620    -310    -160 -165 -250 -220 -190    -120 
      loss on equity securities
    		          -2,898,000                                     
      comprehensive income
    		          -57,436,000 -9,118,000 -33,690,000 -35,798,000 17,983,000 2,355,250 -40,250,000 52,136,000  -14,184,000 -13,466,000 -34,591,000 -8,179,000 -27,187,000 -10,417,000 -14,750,000 81,361,000 -16,832,000 2,820,000   -12,554,000 -15,419,000 -6,929,000  -10,256,000 -8,543,000 47,278,000          
      basic net income per common share
    		          -1,020 -180 -550 -570 400 40 -690 900  -242.5 -220 -610 -140 237.5 -180 -280 1,420 -245 60   -197.5 -330 -150  200 -200 1,160          
      diluted net income per common share
    		          -1,020 -180 -550 -570 390 40 -690 870  -242.5 -220 -610 -140 230 -180 -280 1,380 -245 50   -197.5 -330 -150  195 -200 1,130          
      basic weighted-average common shares outstanding
    		          59,771,674,000  59,716,594,000 59,567,139,000 59,407,829,000  58,350,647,000 58,247,941,000   57,266,112,000 57,059,610,000 56,946,714,000  56,643,075,000 56,399,255,000 56,302,967,000  55,974,080,000    46,929,498,000 46,767,759,000   41,033,973,000 40,800,586,000          
      diluted weighted-average common shares outstanding
    		          59,771,674,000  59,716,594,000 59,567,139,000 61,078,494,000  58,350,647,000 60,335,339,000   57,266,112,000 57,059,610,000 56,946,714,000  56,643,075,000 56,399,255,000 58,009,878,000  58,313,002,000    46,929,498,000 46,767,759,000   41,033,973,000 41,738,460,000          
      ​
    		                                               
      other comprehensive loss
    		                                               
      net unrealized loss on marketable debt securities
    		           -2,091,500 -931,000 -1,823,000  -37,250 -59,000                               
      collaborations, licenses, milestones, and royalties
    		               30,274,000 19,683,000 67,447,000 33,965,000 20,210,000 35,366,000 13,089,000 32,385,000 38,296,000 21,760,000 19,485,000                      
      net unrealized gain on marketable securities
    		                 -112,000 23,000 -493,000 -916,000 427,000 -105,000 601,750 -193,000 1,284,000 1,316,000 -132,500 -330,000 193,000 -393,000 86,000 143,000 -44,000 245,000 66,500 -466,000 113,000          
      net income before income tax benefit
    		                   -13,910,500 -12,550,000   13,596,750 -10,574,000                       
      income tax benefit
    		                       -288,000 -350,000       -1,086,000 173,000               
      net income before income tax expense
    		                     -35,018,000 -8,074,000                         
      net income before income taxes
    		                         -15,984,000 80,945,000 -13,052,500 3,150,000                   
      collaborations and licenses
    		                          111,939,000                     
      collaborations, licenses and milestones
    		                           11,564,000 29,039,000   6,192,750 7,090,000 13,340,000 4,340,000 20,270,000 7,821,000 66,007,000 7,252,000 1,502,000 3,503,000 1,014,000 1,491,000 964,000 848,000 824,000 2,184,000 
      income before income taxes
    		                             -25,869,000 -29,493,000 -9,114,750 -15,389,000               
      weighted-average common shares outstanding used to compute basic and diluted net income per share
    		                                  46,598,797    40,626,729  40,473,520 40,389,648 34,297,782     
      income before income tax
    		                                   8,460,000 -8,675,000 48,914,000          
      benefit for income tax
    		                                   287,500 -598,000           
      benefit from income tax
    		                                     1,749,000          
      other comprehensive income, net of tax
    		                                               
      net unrealized gain on marketable securities available-for-sale
    		                                      619,000  84,000       
      net unrealized loss on marketable securities available-for-sale
    		                                         -55,000      
      net unrealized loss on marketable securities
    		                                          -35,000     
      loss on settlement of notes
    		                                               
      deemed contribution (dividend) on exchange of preferred stock
    		                                               
      net income attributable to common stockholders
    		                                           -1,349,000 -6,278,000 -5,044,000  
      net income per share
    		-0.08 -0.41 -0.66                                             
      basic
    		                                           -0.04 -0.2 -0.16  
      diluted
    		                                           -0.04 -0.2 -0.16  
      weighted-average shares used for eps calculation
    		74,413 74,279 73,667                                            31,360,879,000 
      basic
    		       60,503,283    59,652,461        57,212,737    56,531,439    53,942,116    46,817,756    41,267,329    39,015,131    31,390,631 31,395,626 31,372,618  
      diluted
    		       60,503,283    59,652,461        57,212,737    58,467,880    53,942,116    46,817,756    42,388,867    39,015,131    31,390,631 31,395,626 31,372,618  
      deemed contribution on exchange of preferred stock
    		                                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.