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Other financials

Income statement

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Revenue-
Net income-$110.7M-30.7%
EPS (diluted)-$1.11-3.7%

Balance sheet

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Cash & equivalents$119.5M-11.7%
Total debt$6.4M-26.4%
Total equity$1.2B+96.0%
Total assets$1.3B+92.2%

Cash flow

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Operating cash flow-$95.4M-48.5%
CapEx$275.0K+75.2%
Free cash flow-$95.7M-48.6%

Valuation

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Market cap$6.24B+137%
Enterprise value$6.13B+145%

Profitability

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Operating margin-4,974.3%
Net margin-4,612.1%
FCF margin-3,732.2%

Returns & leverage

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Return on equity-43.6%+8.2pp
Debt / equity0.0×
Current ratio21×+5.9×

Where this comes from

Reported directly by Xenon Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Xenon Pharmaceuticals’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338244
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development99,22474,985187,732136,185
General and administrative23,93119,24447,75138,282
Total operating expenses123,15594,229235,483174,467
Loss from operations(123,155)(94,229)(235,483)(166,967)
Other income:
Interest income12,1457,19919,05215,282
Foreign exchange gain (loss)(311)1,6982371,733
Total other income11,8348,89719,28917,015

Item 1. Financial Statements

FAQ

What is Xenon Pharmaceuticals's operating income?
Xenon Pharmaceuticals (XENE) reported operating income of -$123.16M in Q2 2026.
How has Xenon Pharmaceuticals's operating income changed year-over-year?
Xenon Pharmaceuticals's operating income decreased by 30.7% year-over-year, from -$94.23M to -$123.16M.
What is the long-term trend for Xenon Pharmaceuticals's operating income?
Over 4 years (2021 to 2025), Xenon Pharmaceuticals's operating income has grown at a 47.4% compound annual growth rate (CAGR), from -$78.99M to -$373.07M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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