Xencor (XNCR) Tax Provisions (2016 - 2026)

Xencor (XNCR) posted quarterly Tax Provisions of $300000.0 for Q1 2026, down 25.0% year-over-year from $400000.0 in Q1 2025, and down 87.43% quarter-over-quarter from $2.4 million in Q4 2025.

Xencor (XNCR) Tax Provisions (2016 - 2026) Analysis & Trends

Xencor (XNCR) has reported Tax Provisions for 8 consecutive years, with $300000.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Provisions fell 25.0% year-over-year to $300000.0; the TTM figure through Mar 2026 stood at $2.4 million (up 20.82% YoY), while the FY2025 annual figure was $2.5 million, up 54.85% from the prior year.
  • Tax Provisions declined to $300000.0 in Q1 2026 per XNCR's latest filing, from $2.4 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $13.7 million in Q4 2023 and bottomed at -$415000.0 in Q4 2022.
  • Historically, Tax Provisions has averaged $2.3 million across 5 years, with a median of $744000.0 in 2022.
  • Annual changes were most pronounced in 2023 — Tax Provisions soared 3392.05% — and 2024, when it plunged 88.16%.
  • Xencor's Tax Provisions stood at -$415000.0 in 2022, then jumped by 3392.05% to $13.7 million in 2023, then slumped by 88.16% to $1.6 million in 2024, then surged by 47.62% to $2.4 million in 2025, then sank by 87.43% to $300000.0 in 2026.
  • Business Quant data shows XNCR's Tax Provisions at $300000.0 in Q1 2026, $2.4 million in Q4 2025, and -$250000.0 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 292.00 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 230.90 Mn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 59.00 Mn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 75.45 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 267.73
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 13.31 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 1.90 Mn
10 Xencor 1.73 Bn 1.36 Bn - -200,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 -200,000.00
Mar 31, 2026 300,000.00
Dec 31, 2025 2.39 Mn
Jun 30, 2025 -250,000.00
Mar 31, 2025 400,000.00
Dec 31, 2024 1.62 Mn
Dec 31, 2023 13.66 Mn
Dec 31, 2022 -415,000.00
Sep 30, 2022 1.09 Mn
Dec 31, 2019 5.11 Mn
Sep 30, 2019 -350,000.00
Jun 30, 2019 50,000.00
Mar 31, 2019 900,000.00
Dec 31, 2017 -1.09 Mn
Sep 30, 2017 173,000.00
Jun 30, 2017 280,000.00
Mar 31, 2017 170,000.00
Dec 31, 2016 -159,000.00
Sep 30, 2016 -598,000.00
Jun 30, 2016 1.75 Mn