Xencor Inc
For the period ended Mar 31, 2026. Filed May 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 6, 2026
XNCR$38.59+7.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except per share amounts)
| March 31,2026 | December 31,2025 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $14,170 | $54,073 |
| Marketable debt securities | 370,207 | 381,158 |
| Marketable equity securities | 60,573 | 112,502 |
| Accounts receivable | 12,001 | 29,299 |
| Prepaid expenses and other current assets | 25,904 | 22,789 |
| Total current assets | 482,855 | 599,821 |
| Restricted cash | 191 | 289 |
| Marketable debt securities - long term | 157,393 | 175,602 |
| Property and equipment, net | 51,492 | 53,308 |
| Right-of-use assets | 36,815 | 37,592 |
| Patents, licenses, and other intangible assets, net | 7,602 | 8,385 |
| Other assets | 498 | 498 |
| Total assets | $736,846 | $875,495 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $7,919 | $10,828 |
| Accrued expenses | 34,253 | 34,960 |
| Income tax payable | 841 | 3,589 |
| Lease liabilities | 4,034 | 3,263 |
| Liabilities related to the sales of future royalties | 26,410 | 43,267 |
| Total current liabilities | 73,457 | 95,907 |
| Long-term tax liabilities | 2,884 | 2,784 |
| Lease liabilities, net of current portion | 62,596 | 64,735 |
| Liabilities related to the sales of future royalties, net of current portion | 82,124 | 76,482 |
| Other liabilities | 152 | — |
| Total liabilities | 221,213 | 239,908 |
| Commitments and contingencies | ||
| Noncontrolling interest and stockholders’ equity | ||
| Common stock, $0.01 par value: Authorized 200,000 sharesIssued and outstanding 74,064 and 71,872 shares at March 31, 2026 and December 31, 2025, respectively. | 741 | 718 |
| Additional paid-in capital | 1,439,740 | 1,429,252 |
| Accumulated other comprehensive income | 27 | 1,576 |
| Accumulated deficit | (924,875) | (795,959) |
| Total stockholders’ equity attributable to Xencor, Inc. | 515,633 | 635,587 |
| Noncontrolling interest | — | — |
| Total noncontrolling interest and stockholders’ equity | 515,633 | 635,587 |
| Total liabilities and stockholders’ equity | $736,846 | $875,495 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.