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XOMA Corporation

XOMA

XOMA is a royalty aggregator that provides non-dilutive, non-recourse capital to biotechnology companies in exchange for economic rights to future milestone and royalty payments.

Market cap
$792.01M+137%
Revenue$48.6M+13.2%
Net income$33.8M+1,283%
EPS (diluted)$1.57+238%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (in a month)
Revenue estimate$13.9M
EPS estimate$0.18

Financials

Q1 2026

Income statement

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Revenue$12.3M-22.6%
Operating income-$480.0K-108%
Net income$4.5M+88.6%
EPS (diluted)$0.17+183%

Balance sheet

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Cash & equivalents$85.6M-5.2%
Total debt$124.7M+9.0%
Total equity$92.9M+9.7%
Total assets$271.9M+27.8%

Cash flow

See full
Operating cash flow$6.1M+178%

Valuation & ratios

Valuation

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Market cap$792.01M+137%
Enterprise value$831.14M+136%
P/E23.4×
P/S16.3×+9.3×

Profitability

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Operating margin10.2%+5.5pp
Net margin69.6%+64.0pp

Returns & leverage

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Return on equity38.1%+35.2pp
Debt / equity1.3×0.0×
Current ratio3.6×-2.0×

Segments

By segment

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Single Reportable$12.3M-22.6%

Competitors

Profile

XOMA is a royalty aggregator that provides non-dilutive, non-recourse capital to biotechnology companies in exchange for economic rights to future milestone and royalty payments. The company focuses on building a diversified portfolio of clinical and commercial-stage assets to mitigate single-asset binary risk while maintaining a lean, capital-efficient corporate structure. By acquiring interests in programs where R&D and commercialization costs are borne by third-party sponsors, XOMA generates value through long-term cash receipts from drug development successes.

Competitive position

XOMA operates as a specialized aggregator focusing on early-to-mid-stage clinical assets, differentiating itself through structured acquisitions of entire biotech entities to secure royalty streams.

GeographiesGlobal
Customer segmentsBiopharmaceutical Developers, Clinical-stage Biotech
Business modelRoyalty Aggregator, Intellectual Property Licensing, Asset-Light
SuppliersBiotech R&D pipelines, Clinical trial success, Regulatory approval processes, Capital markets for acquisition financing
CustomersPharmaceutical marketers, Healthcare providers, Patients
Listed1986
Employees13.0
CEOOwen Hughes Jr.
Websitexoma.com
FilingsSEC EDGAR

Questions, answered.

What is XOMA Corporation's market cap?
XOMA Corporation (XOMA) has a market capitalization of $792.0M and trades on NASDAQ.
What is XOMA Corporation's revenue and profitability?
XOMA Corporation generated $48.6M in trailing twelve-month revenue with net income of $33.8M, representing a net margin of 69.6%. These figures are based on the Q1 2026 filing.
Who are XOMA Corporation's competitors?
XOMA Corporation's key competitors include Ligand Pharmaceuticals, Royalty Pharma, TherapeuticsMD, Inc., and others. These companies compete in similar markets and product categories.
Who does XOMA Corporation partner with?
XOMA Corporation's notable partners include Roche, UCB, Heron Therapeutics.
What subsidiaries does XOMA Corporation have?
XOMA Corporation's subsidiaries include Kinnate Biopharma.
Where is XOMA Corporation headquartered?
XOMA Corporation is headquartered in United States of America and employs approximately 13 people. It has been publicly traded since 1986.