Xencor Q2 FY26 loss before income taxes narrows to $21.92 million; revenue rises 17.46% to $51.22 million

Reuters2026/08/05 20:13

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Xencor posted a GAAP loss before income tax of USD 21.92 million for Q2, narrowing from USD 31.08 million a year earlier.
Revenue rose 17.46% to USD 51.22 million, driven by royalties of USD 41.22 million; milestone revenue fell to USD 10 million.
Operating loss widened 11.74% to USD 37.07 million as R&D expense increased 16.6% to USD 71.91 million.
Other income climbed to USD 15.15 million from USD 2.1 million, with results tied to unrealized moves in its Zenas investment.
Cash, cash equivalents, and marketable debt securities totaled USD 486.4 million at June 30, down from USD 610.8 million at year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xencor Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001326732-26-000056), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xencor Q2 FY26 loss before income taxes narrows to $21.92 million; revenue rises 17.46% to $51.22 million

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