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

Xencor (XNCR) has 14 years of Research & Development data on file, last reported at $64.7 million in Q1 2026.

• On a quarterly basis, Research & Development rose 10.4% year-over-year to $64.7 million in Q1 2026; TTM through Mar 2026 was $245.5 million, a 7.03% increase from a year earlier, with the FY2025 full-year figure at $239.4 million, up 5.16% from the prior year.
• Research & Development for Q1 2026 stood at $64.7 million, roughly flat from $64.8 million in the prior quarter.
• Over the last five years, Research & Development for XNCR reached as high as $64.9 million in Q3 2023 and fell as low as $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.
• Across the five-year window, Research & Development surged 34.81% in 2023 and decreased 20.5% in 2024, its largest moves.
• Year by year, Research & Development stood at $51.5 million in 2022, then climbed by 24.82% to $64.2 million in 2023, then decreased by 20.5% to $51.1 million in 2024, then increased by 26.97% to $64.8 million in 2025, then dropped by 0.24% to $64.7 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $64.7 million in Q1 2026, $64.8 million in Q4 2025, and $54.4 million in Q3 2025.