Xencor Inc (XNCR)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-126,087	-119,028	-127,518	-139,539	-55,182	29,921	22,489	108,712	82,631	-4,121	23,520	-63,746	-69,333	-82,554	-80,228	-61,244	26,875	35,590	48,964	39,129
Revenue (ttm)	US$ in thousands	186,941	159,035	123,534	105,187	169,448	300,051	291,251	346,181	294,209	181,761	198,671	128,003	129,246	90,908	79,618	87,539	166,940	174,988	181,170	160,553
Net profit margin		-67.45%	-74.84%	-103.23%	-132.66%	-32.57%	9.97%	7.72%	31.40%	28.09%	-2.27%	11.84%	-49.80%	-53.64%	-90.81%	-100.77%	-69.96%	16.10%	20.34%	27.03%	24.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-126,087K ÷ $186,941K
= -67.45%

Based on the data provided for Xencor Inc's net profit margin over the past eight quarters, we observe significant fluctuations in the company's profitability over this period. The net profit margins have shown a wide range from negative figures of -142.32% in Q1 2023 to positive margins of 33.28% in Q1 2022.

Specifically, in the most recent quarters, the company has reported negative net profit margins, with Q4 2023 exhibiting the lowest figure at -74.90%. This negative trend indicates that the company's expenses and costs have exceeded its revenue, resulting in substantial losses.

On the other hand, looking back at Q1 2022, Xencor Inc managed to achieve a notable net profit margin of 33.28%, indicating strong profitability during that period. This positive margin suggests that the company was able to generate significant earnings relative to its revenue.

Overall, the varying net profit margins over the quarters indicate fluctuations in Xencor Inc's profitability and financial performance. It is crucial for the company to focus on improving its cost management and revenue generation strategies to achieve sustained profitability in the future.