What is Xencor's G&A?

Xencor (XNCR) reported G&A of $17.71M in Q1 2026.

How has Xencor's G&A changed year-over-year?

Xencor's G&A increased by 2.1% year-over-year, from $17.34M to $17.71M.

What is the long-term trend for Xencor's G&A?

Over 4 years (2021 to 2025), Xencor's G&A has grown at a 13.1% compound annual growth rate (CAGR), from $38.84M to $63.64M.

Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

Xencor XNCR G&A

G&A at other companies

Janux TherapeuticsJANX

$11.13M+13.1%

AnaptysBio, Inc.ANAB

$26.2M+85.4%

Xenon PharmaceuticalsXENE

$23.82M+25.1%

Apogee Therapeutics, Inc.APGE

$21.95M+31.4%

Avalo TherapeuticsAVTX

$6.85M+23.6%

Inhibrx Biosciences, Inc.INBX

$5.71M-5.2%

Other financials

Income statement

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Revenue$4.5M-86.2%

Operating income-$77.9M-80.3%

Net income-$128.9M-166%

EPS (diluted)-$1.71-159%

Balance sheet

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Cash & equivalents$14.2M-64.3%

Total debt$175.2M-21.2%

Total equity$515.6M-19.4%

Total assets$736.8M-18.6%

Cash flow

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Operating cash flow-$67.6M-317%

CapEx$610.0K-57.8%

Free cash flow-$68.2M-286%

Valuation

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Market cap$1.07B+76.3%

Enterprise value$1.23B+55.9%

P/S11×+6.2×

Profitability

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Operating margin-217.9%+425pp

Net margin-177.1%+16.5pp

FCF margin-194%+166pp

Returns & leverage

See full

Return on equity-29.8%-2.7pp

Debt / equity0.3×0.0×

Current ratio6.6×+0.7×

Where this comes from

Reported directly by Xencor in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: Xencor’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Xencor's G&A?: Xencor (XNCR) reported G&A of $17.71M in Q1 2026.
How has Xencor's G&A changed year-over-year?: Xencor's G&A increased by 2.1% year-over-year, from $17.34M to $17.71M.
What is the long-term trend for Xencor's G&A?: Over 4 years (2021 to 2025), Xencor's G&A has grown at a 13.1% compound annual growth rate (CAGR), from $38.84M to $63.64M.
What does G&A mean?: Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.