Xencor Inc balance sheet

At the end of fiscal 2025, Xencor Inc had total assets of $875m, total liabilities of $240m and shareholders' equity of $636m. It held $54.1m in cash against $120m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Xencor Inc: balance sheet, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	15	17	26	50	164	143	54	54	41	54	45
Receivables	9	1	10	22	11	66	29	24	61	29	42
Total current assets	142	231	316	558	638	424	675	636	578	600	523
Total assets	429	390	577	670	703	838	846	965	952	875	725
Accounts payable	4	7	4	10	9	14	10	14	17	11	13
Deferred revenue (current)	96	60	40	45	93	37	30	0	0	—	—
Total current liabilities	106	73	54	67	121	71	64	74	87	96	82
Short-term debt	—	—	—	—	—	—	0	28	48	43	27
Long-term debt	—	—	—	—	—	—	0	162	115	76	78
Total debt	0	0	0	0	0	0	0	189	164	120	105
Total liabilities	115	74	55	77	131	105	119	303	278	240	222
Shareholders' equity	338	316	522	593	572	734	727	662	678	636	503
Non-controlling interests and other (assets − liabilities − equity)	−24	—	—	—	—	—	—	—	—	—	—
Shares outstanding	47m	47m	56m	57m	58m	59m	60m	61m	70m	72m	74m

US$ millions unless shown otherwise. Fiscal quarters.

Xencor Inc: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	26	61	38	48	22	29	12	42
Total current assets	590	578	521	513	518	600	483	523
Total assets	1,000	952	905	879	869	875	737	725
Accounts payable	19	17	16	19	9	11	8	13
Deferred revenue (current)	0	0	—	—	—	—	—	—
Total current liabilities	91	87	88	96	86	96	73	82
Short-term debt	44	48	53	50	45	43	26	27
Long-term debt	128	115	102	95	88	76	82	78
Total debt	173	164	154	145	133	120	109	105
Total liabilities	294	278	265	259	243	240	221	222
Shareholders' equity	709	678	640	620	625	636	516	503
Shares outstanding	70m	70m	71m	71m	71m	72m	74m	74m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: KYMR vs XNCR SEPN vs XNCR AGIO vs XNCR SPRY vs XNCR

More: Biotechnology stocks compared, Health Care sector, rankings of US companies

Figures from Xencor Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Xencor Inc.