10x Insights
Loading account…
Companies / Healthcare / NextCure, Inc.
NXTC

NextCure, Inc.

HealthcarePharmaceutical Preparations
Ticker NXTCBALTIMORE, MDFiscal year ends DecemberBook value per share $2.30Diluted shares 5.3M

NextCure, Inc. (Nasdaq: NXTC) is a clinical-stage biopharmaceutical company focused on developing innovative medicines for cancer patients who do not respond to or have disease progression on current therapies. The company specializes in antibody-drug conjugates, or ADCs, which consist of monoclonal antibodies… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-55.84M
−0.3% year over year
Last 12 mo $-42.75M
-159.81%
−74.8 percentage points
Last 12 mo -351.86%
Cash & financing
$-49.61M
−21.6% year over year
Last 12 mo $-36.98M
$-49.61M
−20.2% year over year
Last 12 mo $-36.98M
—
2.8M
−89.8% year over year
Last 12 mo 5.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NextCure, Inc. does

In the company’s own words

NextCure, Inc. (Nasdaq: NXTC) is a clinical-stage biopharmaceutical company focused on developing innovative medicines for cancer patients who do not respond to or have disease progression on current therapies. The company specializes in antibody-drug conjugates, or ADCs, which consist of monoclonal antibodies conjugated to cytotoxic drugs via chemical linkers. NextCure's core competency lies in understanding biological pathways, biomarkers, and cellular interactions within the tumor microenvironment to design targeted cancer therapies.

The company's lead product candidate is SIM0505, a novel ADC directed to cadherin-6, or CDH6, featuring a proprietary topoisomerase 1 inhibitor payload. Developed by partner Simcere Zaiming Pharmaceutical Co., Ltd., SIM0505 targets multiple solid tumors including ovarian, endometrial, non-small cell lung, and renal cancers. NextCure obtained exclusive worldwide rights to develop, manufacture, and commercialize SIM0505 outside of China, Hong Kong, Macau, and Taiwan. The company dosed its first patient in a Phase 1 clinical trial in October 2025 and expects to provide dose escalation data in the second quarter of 2026.

The company's second major program is LNCB74, a B7-H4 targeted ADC being developed under a cost-sharing collaboration with LigaChem Biosciences, Inc. LNCB74 combines a NextCure-generated monoclonal antibody with LigaChem's proprietary linker technology and targets breast, ovarian, and endometrial cancers. The first patient was dosed in January 2025, with a trial update expected in the second half of 2026.

NextCure maintains a dedicated, state-of-the-art cGMP manufacturing facility with 2,000-liter production capacity, though internal manufacturing operations were paused in March 2024 as part of a strategic restructuring. The company also pursues partnerships for clinical programs NC410 and NC525, as well as preclinical non-oncology programs including NC181 for Alzheimer's disease and NC605 for osteogenesis imperfecta. More information is available at www.nextcure.com.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BALTIMORE, MD
Fiscal year end
December
CIK
1661059
SIC
2834

Financial performance, year by year

Fiscal 2019–2025 · USD
$-84.44M$-55.31M$-26.18M$2.96M$32.09M2019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NextCure, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

16
funds hold it
0 of 35
superinvestors hold it
$0.50M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · NextCure, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do NextCure, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of NextCure, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in NextCure, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.