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Companies / Health Care / Xencor Inc
XNCR

Xencor Inc

Health CarePharmaceutical Preparations
Ticker XNCRPASADENA, CAFiscal year ends DecemberBook value per share $7.40Diluted shares 75.8M

Xencor, Inc. (Nasdaq: XNCR) is a clinical-stage biopharmaceutical company that discovers and develops engineered antibody therapeutics for cancer and autoimmune and inflammatory diseases. Its XmAb protein-engineering technologies modify antibody Fc domains and support multi-specific formats designed to engage multiple… From the company’s description.

Over the twelve months to Sep 30, 2026, Xencor Inc reported revenue of $200.49M, up 33.5% from a year earlier, and a net loss of $117.86M. Its operating margin was −72.7%, and operations used $172.35M in cash. In fiscal 2025, it reported revenue of $125.58M, up 13.7% from fiscal 2024, and a net loss of $92.14M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$125.58MFY2025
+13.7% year over year
Last 12 mo $200.49M
-141.35%FY2025
+20.1 percentage points
Last 12 mo -72.67%
$-92.14MFY2025
+61.0% year over year
Last 12 mo $-117.86M
-14.46%FY2025
+19.9 percentage points
Last 12 mo -21.03%
Cash & financing
$-135.12MFY2025
+33.2% year over year
Last 12 mo $-172.35M
$-138.27MFY2025
+33.6% year over year
Last 12 mo $-176.45M
0.19FY2025
Was 0.24× a year earlier
Last 12 mo 0.17
74.2MFY2025
+14.1% year over year
Last 12 mo 75.8M

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 Xencor Inc does

In the company’s own words

Xencor, Inc. (Nasdaq: XNCR) is a clinical-stage biopharmaceutical company that discovers and develops engineered antibody therapeutics for cancer and autoimmune and inflammatory diseases. Its XmAb protein-engineering technologies modify antibody Fc domains and support multi-specific formats designed to engage multiple targets, alter immune activity, or extend drug half-life. Xencor advances its own candidates through early clinical development and licenses technologies and drug candidates to pharmaceutical and biotechnology partners, which conduct further development and may commercialize resulting medicines. Its wholly owned clinical programs include candidates for solid tumors, inflammatory bowel disease, rheumatoid arthritis, and inflammatory myopathies; partnered programs include oncology, autoimmune, and infectious-disease therapies. The company reports one business segment and generates revenue through licensing and collaboration arrangements, including milestone payments and royalties. Three marketed medicines have been developed using XmAb technologies: Monjuvi, Minjuvi, and Ultomiris. As of December 31, 2025, Xencor had 260 full-time employees, including 212 in research and development. Its website is www.xencor.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
PASADENA, CA
Fiscal year end
December
CIK
1326732
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-287.71M$-134.21M$19.29M$172.78M$326.28M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 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 Xencor Inc — and what changed

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

227
funds hold it
0 of 35
superinvestors hold it
$499.14M
held by funds, at market
46.9%
of shares held by funds

Largest fund holders · Xencor Inc’s weight in each

PRIMECAP Odyssey Aggressive Growth Fund
POAGX · PRIMECAP Odyssey Funds
—of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.06%of fund net assets
PRIMECAP Odyssey Growth Fund
POGRX · PRIMECAP Odyssey Funds
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.29%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.

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