Xencor (XNCR) Operating Expenses (2013 - 2026)

Xencor (XNCR) has reported Operating Expenses for 14 consecutive years, with $82.4 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 8.51% year-over-year to $82.4 million; the TTM figure through Mar 2026 stood at $309.5 million (up 5.23% YoY), while the FY2025 annual figure was $303.1 million, up 4.91% from the prior year.
• Operating Expenses improved to $82.4 million in Q1 2026 per XNCR's latest filing, from $81.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $82.4 million in Q1 2026 and bottomed at $58.2 million in Q2 2022.
• Historically, Operating Expenses has averaged $72.3 million across 5 years, with a median of $73.0 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses soared 32.69% — and 2024, when it decreased 17.22%.
• Xencor's Operating Expenses stood at $64.2 million in 2022, then rose by 24.13% to $79.7 million in 2023, then fell by 17.22% to $66.0 million in 2024, then grew by 24.09% to $81.9 million in 2025, then rose by 0.63% to $82.4 million in 2026.
• Business Quant data shows XNCR's Operating Expenses at $82.4 million in Q1 2026, $81.9 million in Q4 2025, and $68.5 million in Q3 2025.