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Other financials

Income statement

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Revenue-
Operating income-$123.2M-30.7%
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:ShareBasedCompensation.

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
Pain programs5,5829259,9731,977
Pre-clinical, discovery and other programs4,6835,1867,6419,101
Personnel-related expenses27,73122,38656,74145,026
Stock-based compensation expense16,73213,71333,62625,887
Other research and development costs4,6422,6008,8436,025
Other general and administrative costs8,0256,01415,82611,545
Interest income(12,145)(7,199)(19,052)(15,282)
Other segment items(1)(274)(2,324)(3,393)(1,932)

Item 1. Financial Statements

FAQ

What is Xenon Pharmaceuticals's stock-based comp?
Xenon Pharmaceuticals (XENE) reported stock-based comp of $16.73M in Q2 2026.
How has Xenon Pharmaceuticals's stock-based comp changed year-over-year?
Xenon Pharmaceuticals's stock-based comp increased by 22.0% year-over-year, from $13.71M to $16.73M.
What is the long-term trend for Xenon Pharmaceuticals's stock-based comp?
Over 4 years (2021 to 2025), Xenon Pharmaceuticals's stock-based comp has grown at a 52.2% compound annual growth rate (CAGR), from $10.02M to $53.71M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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