Xencor annual r&d spending
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2025
Xencor R&D Spending Growth & History (XNCR)
Xencor's r&d spending was $239.4M for fiscal 2025.
View full Xencor company overviewXencor annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $239.4M | $11.7M | +5.16% |
| 2024 | 2024-12-31 | $227.7M | −$25.9M | −10.22% |
| 2023 | 2023-12-31 | $253.6M | $54.0M | +27.08% |
| 2022 | 2022-12-31 | $199.6M | $7.1M | +3.67% |
| 2021 | 2021-12-31 | $192.5M | $22.7M | +13.37% |
| 2020 | 2020-12-31 | $169.8M | $51.2M | +43.18% |
| 2019 | 2019-12-31 | $118.6M | $21.1M | +21.63% |
| 2018 | 2018-12-31 | $97.5M | $25.7M | +35.85% |
| 2017 | 2017-12-31 | $71.8M | $19.9M | +38.36% |
| 2016 | 2016-12-31 | $51.9M | $17.7M | +51.94% |
| 2015 | 2015-12-31 | $34.1M | $15.6M | +84.38% |
| 2014 | 2014-12-31 | $18.5M | $1.5M | +8.92% |
| 2013 | 2013-12-31 | $17.0M | $4.3M | +34.20% |
| 2012 | 2012-12-31 | $12.7M | — | — |
Xencor quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $71.9M | $10.2M | +16.61% |
| Q1 2026 | 2026-03-31 | $64.7M | $6.1M | +10.40% |
| Q4 2025 | 2025-12-31 | $64.8M | $13.8M | +26.97% |
| Q3 2025 | 2025-09-30 | $54.4M | −$3.9M | −6.63% |
| Q2 2025 | 2025-06-30 | $61.7M | $134,000 | +0.22% |
| Q1 2025 | 2025-03-31 | $58.6M | $1.7M | +3.00% |
| Q4 2024 | 2024-12-31 | $51.1M | −$12.0M | −19.02% |
| Q3 2024 | 2024-09-30 | $58.2M | −$6.7M | −10.34% |
| Q2 2024 | 2024-06-30 | $61.5M | $1.5M | +2.45% |
| Q1 2024 | 2024-03-31 | $56.9M | −$8.7M | −13.24% |
| Q4 2023 | 2023-12-31 | $63.0M | $11.6M | +22.54% |
| Q3 2023 | 2023-09-30 | $64.9M | $11.7M | +21.90% |
| Q2 2023 | 2023-06-30 | $60.1M | $13.0M | +27.56% |
| Q1 2023 | 2023-03-31 | $65.6M | $17.8M | +37.26% |
| Q4 2022 | 2022-12-31 | $51.5M | $461,000 | +0.90% |
| Q3 2022 | 2022-09-30 | $53.3M | $2.7M | +5.26% |
| Q2 2022 | 2022-06-30 | $47.1M | −$2.4M | −4.88% |
| Q1 2022 | 2022-03-31 | $47.8M | $6.3M | +15.32% |
| Q4 2021 | 2021-12-31 | $51.0M | $3.0M | +6.34% |
| Q3 2021 | 2021-09-30 | $50.6M | $6.2M | +13.85% |
| Q2 2021 | 2021-06-30 | $49.5M | $6.0M | +13.90% |
| Q1 2021 | 2021-03-31 | $41.4M | $7.5M | +22.00% |
| Q4 2020 | 2020-12-31 | $47.9M | $20.6M | +75.39% |
| Q3 2020 | 2020-09-30 | $44.5M | $14.7M | +49.32% |
| Q2 2020 | 2020-06-30 | $43.5M | $10.2M | +30.51% |
| Q1 2020 | 2020-03-31 | $33.9M | $5.8M | +20.44% |
| Q4 2019 | 2019-12-31 | $27.3M | $209,000 | +0.77% |
| Q3 2019 | 2019-09-30 | $29.8M | $8.8M | +42.08% |
| Q2 2019 | 2019-06-30 | $33.3M | $10.0M | +42.72% |
| Q1 2019 | 2019-03-31 | $28.2M | $2.1M | +8.03% |
| Q4 2018 | 2018-12-31 | $27.1M | $6.7M | +33.00% |
| Q3 2018 | 2018-09-30 | $21.0M | $1.5M | +7.96% |
| Q2 2018 | 2018-06-30 | $23.3M | $6.4M | +37.90% |
| Q1 2018 | 2018-03-31 | $26.1M | $11.0M | +73.36% |
| Q4 2017 | 2017-12-31 | $20.4M | $7.0M | +52.67% |
| Q3 2017 | 2017-09-30 | $19.4M | $5.3M | +37.95% |
| Q2 2017 | 2017-06-30 | $16.9M | $2.5M | +17.43% |
| Q1 2017 | 2017-03-31 | $15.0M | $5.0M | +49.96% |
| Q4 2016 | 2016-12-31 | $13.4M | $2.5M | +22.83% |
| Q3 2016 | 2016-09-30 | $14.1M | $3.5M | +32.95% |
| Q2 2016 | 2016-06-30 | $14.4M | $6.9M | +92.72% |
| Q1 2016 | 2016-03-31 | $10.0M | $4.8M | +92.80% |
| Q4 2015 | 2015-12-31 | $10.9M | $5.8M | +115.30% |
| Q3 2015 | 2015-09-30 | $10.6M | $5.6M | +113.65% |
| Q2 2015 | 2015-06-30 | $7.5M | $3.2M | +74.55% |
| Q1 2015 | 2015-03-31 | $5.2M | $977,000 | +23.11% |
| Q4 2014 | 2014-12-31 | $5.1M | $909,000 | +21.94% |
| Q3 2014 | 2014-09-30 | $5.0M | $790,000 | +18.98% |
| Q2 2014 | 2014-06-30 | $4.3M | $149,000 | +3.60% |
| Q1 2014 | 2014-03-31 | $4.2M | −$332,000 | −7.28% |
| Q4 2013 | 2013-12-31 | $4.1M | — | — |
| Q3 2013 | 2013-09-30 | $4.2M | — | — |
| Q2 2013 | 2013-06-30 | $4.1M | — | — |
| Q1 2013 | 2013-03-31 | $4.6M | — | — |
Xencor r&d spending trends
Over the last five fiscal years, Xencor's r&d spending increased from $169.8M to $239.4M, a change of $69.6M. The latest reported quarter, Q2 2026, shows $71.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xencor source filings ↗