Invesaro

Stocks Health care XNCR

NASDAQ · Health care

Xencor Inc (XNCR)

Xencor Inc brought in $200.5M of revenue over the twelve months to September 30, 2026, up 33.5% from a year earlier. It posted a net loss of $117.9M. In fiscal 2025 capital spending exceeded operating cash flow by $138.3M. At September 30, 2026 it held $59.6M in cash against $71.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.

Free, no password. An email when XNCR files with the SEC.

Price
$38.59
+7.94% on the day · November 9, 2026
52-week range $10.38 to $39.71
Market cap
$2.9B
Revenue (last 12 months)
$200.5M
+33.5% year on year
Net margin
-58.8%

Key facts about Xencor Inc

Net worth
Xencor Inc has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $560.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $125.6M (+13.7% year on year), with a net loss of $91.9M. Over the 12 months to September 30, 2026: revenue $200.5M, net loss $117.9M.
Cash flow
In fiscal 2025 operations used $135.1M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Xencor Inc's next report is expected around January 7, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Xencor Inc does

Xencor Inc is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker XNCR.

Revenue and profit by year

Revenue
FY18: $40.6M $40.6M FY18FY19: $156.7M $156.7M FY19FY20: $122.7M $122.7M FY20FY21: $275.1M $275.1M FY21FY22: $164.6M $164.6M FY22FY23: $174.6M $174.6M FY23FY24: $110.5M $110.5M FY24FY25: $125.6M $125.6M FY25
Net income
FY18: -$70.4M -$70.4M FY18FY19: $26.9M $26.9M FY19FY20: -$69.3M -$69.3M FY20FY21: $82.6M $82.6M FY21FY22: -$55.2M -$55.2M FY22FY23: -$133.1M -$133.1M FY23FY24: -$232.6M -$232.6M FY24FY25: -$91.9M -$91.9M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$125.6M-$177.5M-$91.9M-$1.24-$138.3M
2024$110.5M-$178.4M-$232.6M-$3.58-$208.3M
2023$174.6M-$132.4M-$133.1M-$2.20-$96.4M
2022$164.6M-$82.5M-$55.2M-$0.93-$14M
2021$275.1M$43.8M$82.6M$1.37-$30.2M
2020$122.7M-$76.8M-$69.3M-$1.21-$15.5M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 7, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 8, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where XNCR ranks in Health care

Revenue$125.6M
#309 of 751 in Health care · Top 41%
Revenue growth+13.7%
#243 of 532 in Health care · Top 46%
Net margin-73.2%
#427 of 544 in Health care · Bottom 22%
Free cash flow margin-110.1%
#416 of 490 in Health care · Bottom 15%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Xencor Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
  2. November 4, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue rose 455% to $116.5M versus the same quarter last year; diluted EPS $0.50 versus -$0.08.
  3. November 4, 2026
  4. October 30, 2026
  5. October 27, 2026
  6. October 26, 2026
  7. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 17% to $51.2M versus the same quarter last year; diluted EPS -$0.29 versus -$0.41.
  8. August 5, 2026
  9. July 31, 2026
  10. July 29, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on July 8, 2026. Insider transactions on SEC

Insider trades

What the people running Xencor Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 18, 2026 Feigal EllenDirector Soldpre-planned (10b5-1) 6,843 $13.06 $89.4K Form 4
June 16, 2026 Gorman Kevin CharlesDirector Received as pay 10,302 - - Form 4
June 16, 2026 Simpson Todd EDirector Received as pay 10,302 - - Form 4
June 16, 2026 Ranieri Richard JDirector Received as pay 10,302 - - Form 4
June 16, 2026 Montgomery Alan BruceDirector Received as pay 10,302 - - Form 4
June 16, 2026 Gustafson Kurt ADirector Received as pay 10,302 - - Form 4
June 16, 2026 Klencke BarbaraDirector Received as pay 10,302 - - Form 4
June 16, 2026 Feigal EllenDirector Received as pay 10,302 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns XNCR

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Primecap Management Co13G, passive 14.79% 10,527,322 August 14, 2025
BlackRock, Inc.13G, passive 14.5% 10,816,417 October 27, 2026
Bvf Partners L P13G, passive with 9 related filers 9.99% 7,133,720 February 17, 2026
RTW Investments, LP13G, passive with 1 related filers 8.7% 6,221,054 November 14, 2025
RA Capital Management, L.P.13G, passive with 3 related filers 6.5% 4,736,739 March 30, 2026
Vanguard Capital Management13G, passive 5.13% 3,810,823 July 31, 2026

Latest filings below 5%: EcoR1 Capital, LLC 2.9% (May 15, 2026); The Vanguard Group 0% (March 27, 2026); T. Rowe Price Associates, Inc. 2.4% (November 14, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 208 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.13,651,261$219.8M+615,343
Primecap Management Co10,181,322$163.9M-156,700
Bvf Inc7,133,720$114.9M0
Rtw Investments, LP6,777,461$109.1M0
RA Capital Management, L.P.5,274,274$84.9M+377,037
State Street Corp4,954,016$79.8M+601,980
Vanguard Capital Management LLC3,278,802$52.8M+177,155
TCG Crossover Management, LLC2,452,138$39.5M0
Vanguard Portfolio Management LLC2,215,690$35.7M-1,284,652
Geode Capital Management, LLC1,920,859$30.9M+105,282
Morgan Stanley1,752,556$28.2M+194,266
UBS Group AG1,306,174$21M+223,755
Baker Bros. Advisors LP1,102,106$17.7M0
Legal & General Group Plc1,091,177$17.6M+24,397
Dimensional Fund Advisors LP1,011,119$16.3M-283,768
Goldman Sachs Group Inc968,778$15.6M+204,985
Millennium Management LLC853,677$13.7M+243,889
Two Sigma Investments, LP819,515$13.2M+14,094
Northern Trust Corp794,279$12.8M+49,760
Johnson & Johnson748,062$12M0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

12 insiders reported holding 1,136,118 shares in total, about $43.8M at the last price.

HolderSharesAs of
Dahiyat Bassil IPRESIDENT & CEO, Director 546,316 March 6, 2026
Desjarlais John RSR. VICE PRESIDENT & CSO 263,831 March 6, 2026
Eckert CeliaSVP, GENERAL COUNSEL 76,918 March 6, 2026
Cornelissen Bart JanSR. VICE PRESIDENT & CFO 75,898 April 10, 2026
Klencke BarbaraDirector 29,974 June 16, 2026
Montgomery Alan BruceDirector 25,849 June 16, 2026
Gustafson Kurt ADirector 25,011 June 16, 2026
Ranieri Richard JDirector 24,011 June 16, 2026
Simpson Todd EDirector 23,988 June 16, 2026
Gorman Kevin CharlesDirector 21,680 June 16, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about XNCR

What does Xencor Inc do?

Xencor Inc is a company in the Health care sector, listed on NASDAQ as XNCR. Its shares trade on NASDAQ under the ticker XNCR.

What is Xencor Inc's net worth?

Xencor Inc has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $560.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Xencor Inc profitable?

No. Over the twelve months to September 30, 2026 it reported a net loss of $117.9M on revenue of $200.5M.

How much revenue does Xencor Inc make?

Over the twelve months to September 30, 2026 Xencor Inc reported revenue of $200.5M. That is 33.5% more than a year earlier.

When did Xencor Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 6, 2026.

When is Xencor Inc's next earnings report?

Xencor Inc's next report is expected around January 7, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Similar companies

Compare XNCR with

Compare XNCR with any company

Follow XNCR

Get an email when Xencor Inc files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when XNCR files with the SEC.

Where the numbers come from

Financial figures are the values Xencor Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.