Xencor Inc (XNCR)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-232,618	-198,239	-177,365	-133,356	-125,239	-118,181	-126,671	-144,667	-61,157	23,946	16,514	108,712	82,631	-4,121	23,520	-63,746	-69,333	-82,554	-80,228	-61,244
Revenue (ttm)	US$ in thousands	110,493	85,164	133,618	162,181	168,338	145,259	113,394	98,046	164,579	296,985	289,369	326,641	275,111	162,949	178,632	124,274	122,694	84,356	70,750	77,146
Net profit margin		-210.53%	-232.77%	-132.74%	-82.23%	-74.40%	-81.36%	-111.71%	-147.55%	-37.16%	8.06%	5.71%	33.28%	30.04%	-2.53%	13.17%	-51.29%	-56.51%	-97.86%	-113.40%	-79.39%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-232,618K ÷ $110,493K
= -210.53%

The net profit margin of Xencor Inc has exhibited significant fluctuations over the periods indicated. During the initial quarters, the company experienced negative net profit margins, indicating that expenses were exceeding revenues, resulting in losses. In particular, the net profit margins were notably low, reaching as low as -147.55% on March 31, 2023.

However, there was a notable turnaround in the company's performance starting from June 30, 2021, when the net profit margin turned positive at 13.17%. This positive trend continued into the following periods, with notable improvements in profitability, reaching a peak of 33.28% on March 31, 2022.

Subsequently, the net profit margin experienced some decline but remained positive until the end of June 30, 2022. However, starting September 30, 2022, the net profit margin turned negative again, indicating a decrease in profitability.

The net profit margin continued to fluctuate in negative territory, with significant downturns observed in the latter periods, including a sharp decrease to -232.77% on September 30, 2024. This downward trend in profitability culminated in a net profit margin of -210.53% on December 31, 2024.

Overall, the analysis of Xencor Inc's net profit margin reveals a mix of positive and negative performance trends over the periods examined, indicating varying levels of profitability and financial health during these times.