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Companies / Healthcare / Xencor Inc
XNCR

Xencor Inc

HealthcarePharmaceutical Preparations
Ticker XNCRPASADENA, CAFiscal year ends DecemberBook value per share $6.66Diluted shares 75.6M

Xencor, Inc. (NASDAQ: XmAb) is a clinical-stage biopharmaceutical company focused on discovering and developing engineered antibody therapeutics to treat patients with cancer and autoimmune diseases. The company's website is www.xencor.com. 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
$125.58M
+13.7% year over year
Last 12 mo $104.97M
-141.35%
+20.1 percentage points
Last 12 mo -205.84%
$-92.14M
+61.0% year over year
Last 12 mo $-163.33M
-14.46%
+19.9 percentage points
Last 12 mo -32.46%
Cash & financing
$-135.12M
+33.2% year over year
Last 12 mo $-205.81M
$-138.27M
+33.6% year over year
Last 12 mo $-208.29M
0.19
Was 0.24× a year earlier
Last 12 mo 0.21
74.2M
+14.1% year over year
Last 12 mo 75.6M

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: XmAb) is a clinical-stage biopharmaceutical company focused on discovering and developing engineered antibody therapeutics to treat patients with cancer and autoimmune diseases. The company's website is www.xencor.com.

Xencor specializes in protein engineering, particularly the design and optimization of Fc domains—the constant regions of antibodies that interact with the immune system. The company's proprietary XmAb technology platform enables the creation of bispecific and multi-specific antibodies with improved properties and novel mechanisms of action. This modular approach allows Xencor to rapidly generate multiple drug candidates incorporating distinct biological functions, including enhanced cytotoxicity, immune inhibition, extended half-life through the Xtend Fc domain, and T-cell engagement capabilities.

The company maintains a portfolio of wholly-owned clinical-stage candidates and partnered programs. Wholly-owned programs include XmAb819 and XmAb541, CD3 T-cell engaging bispecific antibodies in Phase 1 development for solid tumors; XmAb942, an extended half-life anti-TL1A antibody in Phase 2b development for ulcerative colitis; plamotamab, a CD20 x CD3 bispecific in Phase 1b development for rheumatoid arthritis; and XmAb657, a CD19 x CD3 bispecific in Phase 1 development for idiopathic inflammatory myopathies. Partnered programs include xaluritamig (Amgen), ASP2138 (Astellas), and JNJ-9401 and JNJ-1493 (Johnson & Johnson) in oncology, as well as obexelimab (Zenas), Ultomiris (Alexion), and tobevibart (Vir Biotechnology) across multiple therapeutic areas. Three marketed medicines have been developed using Xencor's XmAb technologies.

As of December 31, 2025, Xencor employed 260 full-time employees, with 212 engaged in research and development activities. The company generates revenue through upfront payments, milestone payments, and royalties from its collaboration and licensing arrangements. Xencor's intellectual property portfolio includes issued patents and pending applications covering XmAb Fc domains, product candidates, and computational protein design methods, with key technology patents extending through 2045.

Company details
Sector
Healthcare
Industry
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
47.3%
of shares held by funds

Largest fund holders · Xencor Inc’s weight in each

PRIMECAP Odyssey Aggressive Growth Fund
POAGX · PRIMECAP Odyssey Funds
1.12%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
0.70%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.

Connected research

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