Xencor (XNCR) Research & Development (2013 - 2026)

Xencor (XNCR) has reported Research & Development for 14 consecutive years, with $64.7 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Research & Development rose 10.4% year-over-year to $64.7 million; the TTM figure through Mar 2026 stood at $245.5 million (up 7.03% YoY), while the FY2025 annual figure was $239.4 million, up 5.16% from the prior year.
• Research & Development steadied at $64.7 million in Q1 2026 per XNCR's latest filing, from $64.8 million in the prior quarter.
• Across five years, Research & Development topped out at $64.9 million in Q3 2023 and bottomed at $47.1 million in Q2 2022.
• Historically, Research & Development has averaged $57.9 million across 5 years, with a median of $58.6 million in 2025.
• Annual changes were most pronounced in 2023 — Research & Development jumped 34.81% — and 2024, when it dropped 20.5%.
• Xencor's Research & Development stood at $51.5 million in 2022, then gained by 24.82% to $64.2 million in 2023, then fell by 20.5% to $51.1 million in 2024, then climbed by 26.97% to $64.8 million in 2025, then decreased by 0.24% to $64.7 million in 2026.
• Business Quant data shows XNCR's Research & Development at $64.7 million in Q1 2026, $64.8 million in Q4 2025, and $54.4 million in Q3 2025.