Xencor (XNCR) Operating Leases (2019 - 2026)
Xencor (XNCR) reported Operating Leases of $61.3 million for Q2 2026, down 5.0% from $64.55 million a year earlier and down 2.1% from the prior quarter.
Xencor (XNCR) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Xencor posted Operating Leases of $64.74 million, down 0.9% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 46.1% (FY2020 to FY2025).
- By year, Operating Leases came in at $65.34 million in FY2024 (+10.7%), $59.03 million in FY2023 (+7.5%), $54.93 million in FY2022 (+61.7%) and $33.97 million in FY2021 (+248.8%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q4 2023.
- Year over year, Operating Leases has now declined in each of the last six quarters, with growth averaging 1.3% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2021 (growth of 362.0%); the low point was Q3 2022 (a decline of 33.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $62.6 million (Q1 2026), $64.74 million (Q4 2025) and $65.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn |
| 10 | Xencor | 1.86 Bn | 274.02 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.30 Mn |
| Mar 31, 2026 | 62.60 Mn |
| Dec 31, 2025 | 64.74 Mn |
| Sep 30, 2025 | 65.33 Mn |
| Jun 30, 2025 | 64.55 Mn |
| Mar 31, 2025 | 64.18 Mn |
| Dec 31, 2024 | 65.34 Mn |
| Sep 30, 2024 | 66.49 Mn |
| Jun 30, 2024 | 67.16 Mn |
| Mar 31, 2024 | 66.81 Mn |
| Dec 31, 2023 | 59.03 Mn |
| Sep 30, 2023 | 56.38 Mn |
| Jun 30, 2023 | 54.62 Mn |
| Mar 31, 2023 | 54.77 Mn |
| Dec 31, 2022 | 54.93 Mn |
| Sep 30, 2022 | 22.54 Mn |
| Jun 30, 2022 | 33.94 Mn |
| Mar 31, 2022 | 33.96 Mn |
| Dec 31, 2021 | 33.97 Mn |
| Sep 30, 2021 | 34.09 Mn |
Xencor Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=XNCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "XNCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=XNCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();