Xencor annual operating expenses
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2025
Xencor Operating Expenses Growth & History (XNCR)
Xencor's operating expenses was $303.1M for fiscal 2025.
View full Xencor company overviewXencor annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $303.1M | $14.2M | +4.91% |
| 2024 | 2024-12-31 | $288.9M | −$18.1M | −5.89% |
| 2023 | 2023-12-31 | $307.0M | $59.9M | +24.26% |
| 2022 | 2022-12-31 | $247.1M | $15.7M | +6.79% |
| 2021 | 2021-12-31 | $231.3M | $31.9M | +15.97% |
| 2020 | 2020-12-31 | $199.5M | $56.6M | +39.63% |
| 2019 | 2019-12-31 | $142.9M | $22.9M | +19.09% |
| 2018 | 2018-12-31 | $120.0M | $30.7M | +34.39% |
| 2017 | 2017-12-31 | $89.3M | $24.3M | +37.39% |
| 2016 | 2016-12-31 | $65.0M | $18.9M | +40.95% |
| 2015 | 2015-12-31 | $46.1M | $20.1M | +77.46% |
| 2014 | 2014-12-31 | $26.0M | $5.3M | +25.54% |
| 2013 | 2013-12-31 | $20.7M | $4.9M | +31.34% |
| 2012 | 2012-12-31 | $15.8M | — | — |
Xencor quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $88.3M | $11.5M | +14.99% |
| Q1 2026 | 2026-03-31 | $82.4M | $6.5M | +8.51% |
| Q4 2025 | 2025-12-31 | $81.9M | $15.9M | +24.09% |
| Q3 2025 | 2025-09-30 | $68.5M | −$4.5M | −6.13% |
| Q2 2025 | 2025-06-30 | $76.8M | −$2.5M | −3.15% |
| Q1 2025 | 2025-03-31 | $75.9M | $5.3M | +7.44% |
| Q4 2024 | 2024-12-31 | $66.0M | −$12.3M | −15.76% |
| Q3 2024 | 2024-09-30 | $73.0M | −$4.4M | −5.74% |
| Q2 2024 | 2024-06-30 | $79.3M | $7.8M | +10.85% |
| Q1 2024 | 2024-03-31 | $70.7M | −$9.0M | −11.35% |
| Q4 2023 | 2023-12-31 | $78.3M | $14.1M | +21.99% |
| Q3 2023 | 2023-09-30 | $77.4M | $11.8M | +17.96% |
| Q2 2023 | 2023-06-30 | $71.5M | $13.3M | +22.94% |
| Q1 2023 | 2023-03-31 | $79.7M | $20.7M | +35.03% |
| Q4 2022 | 2022-12-31 | $64.2M | $1.8M | +2.95% |
| Q3 2022 | 2022-09-30 | $65.6M | $4.7M | +7.65% |
| Q2 2022 | 2022-06-30 | $58.2M | −$185,000 | −0.32% |
| Q1 2022 | 2022-03-31 | $59.0M | $9.4M | +18.92% |
| Q4 2021 | 2021-12-31 | $62.4M | $6.8M | +12.26% |
| Q3 2021 | 2021-09-30 | $61.0M | $8.9M | +17.08% |
| Q2 2021 | 2021-06-30 | $58.4M | $7.7M | +15.13% |
| Q1 2021 | 2021-03-31 | $49.6M | $8.5M | +20.59% |
| Q4 2020 | 2020-12-31 | $55.6M | $21.5M | +62.97% |
| Q3 2020 | 2020-09-30 | $52.1M | $16.1M | +44.54% |
| Q2 2020 | 2020-06-30 | $50.7M | $11.6M | +29.78% |
| Q1 2020 | 2020-03-31 | $41.2M | $7.5M | +22.16% |
| Q4 2019 | 2019-12-31 | $34.1M | $1.4M | +4.42% |
| Q3 2019 | 2019-09-30 | $36.0M | $7.6M | +26.94% |
| Q2 2019 | 2019-06-30 | $39.1M | $10.8M | +38.06% |
| Q1 2019 | 2019-03-31 | $33.7M | $3.0M | +9.94% |
| Q4 2018 | 2018-12-31 | $32.6M | $7.8M | +31.51% |
| Q3 2018 | 2018-09-30 | $28.4M | $4.8M | +20.39% |
| Q2 2018 | 2018-06-30 | $28.3M | $7.3M | +34.65% |
| Q1 2018 | 2018-03-31 | $30.6M | $10.8M | +54.33% |
| Q4 2017 | 2017-12-31 | $24.8M | $8.4M | +50.74% |
| Q3 2017 | 2017-09-30 | $23.6M | $6.5M | +38.09% |
| Q2 2017 | 2017-06-30 | $21.0M | $3.6M | +20.39% |
| Q1 2017 | 2017-03-31 | $19.9M | $5.9M | +42.00% |
| Q4 2016 | 2016-12-31 | $16.5M | $2.2M | +15.03% |
| Q3 2016 | 2016-09-30 | $17.1M | $3.3M | +23.60% |
| Q2 2016 | 2016-06-30 | $17.5M | $7.5M | +74.51% |
| Q1 2016 | 2016-03-31 | $14.0M | $6.0M | +75.49% |
| Q4 2015 | 2015-12-31 | $14.3M | $7.3M | +104.11% |
| Q3 2015 | 2015-09-30 | $13.8M | $6.7M | +93.62% |
| Q2 2015 | 2015-06-30 | $10.0M | $4.1M | +70.15% |
| Q1 2015 | 2015-03-31 | $8.0M | $2.0M | +33.91% |
| Q4 2014 | 2014-12-31 | $7.0M | $1.6M | +28.60% |
| Q3 2014 | 2014-09-30 | $7.1M | $2.1M | +42.56% |
| Q2 2014 | 2014-06-30 | $5.9M | $950,000 | +19.28% |
| Q1 2014 | 2014-03-31 | $6.0M | $645,000 | +12.16% |
| Q4 2013 | 2013-12-31 | $5.5M | — | — |
| Q3 2013 | 2013-09-30 | $5.0M | — | — |
| Q2 2013 | 2013-06-30 | $4.9M | — | — |
| Q1 2013 | 2013-03-31 | $5.3M | — | — |
Xencor operating expenses trends
Over the last five fiscal years, Xencor's operating expenses increased from $199.5M to $303.1M, a change of $103.6M. The latest reported quarter, Q2 2026, shows $88.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xencor source filings ↗