XBiotech Inc. (XBIT)
XBiotech Inc. is a biopharmaceutical firm specializing in the discovery, development, and commercialization of True Human monoclonal antibodies. Their primary focus involves building a robust pipeline of product candidates aimed at combating both inflammatory and infectious diseases. Furthermore, the company is advancing interleukin-1 alpha-based therapies, which are designed to address a broad spectrum of medical conditions such as cancer, stroke, heart attack, and arthritis. Interleukin-1 alpha itself plays a crucial role in biological processes like tissue breakdown, angiogenesis, blood clot formation, malaise, muscle wasting, and inflammation. Additionally, XBiotech is developing a True Human COVID-19 therapy specifically targeting mutant strains of the virus. Established in 2005, XBiotech Inc. maintains its headquarters in Austin, Texas.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
XBiotech Inc.
NASDAQ:XBITHealthcare · Biotechnology
-3.09%$1.88
AH$1.88+0.00%vs close
Mkt Cap$57.32M
Float22.25M
O/S30.49M
Vol
$ Vol
RVOL
Inst Own6.5%
SI1.4%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$45.54M
Total Assets$150.08M
Free Cash Flow-$40.21M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$140.35M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in XBIT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$150.08M
Liabilities$9.73M
Accounts Receivable$360K
Accounts Payable$1.53M
Inventory$0
PP&E (Net)$23.13M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $0 | $0 | $0 | $4.01M | $18.39M | $44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | -78.2% | -58.2% | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.69M | $0 | $0 | $651K | $5.82M | $34.55M | $2.36M | $2.43M | $1.48M | $698K | $699K | $664K | $784K | $946K |
| Gross Profit | -$1.69M | $0 | $0 | $3.36M | $12.57M | $9.45M | -$2.36M | -$2.43M | -$1.48M | -$698K | -$699K | -$664K | -$784K | -$946K |
| Gross Margin | - | - | - | 83.8% | 68.4% | 21.5% | - | - | - | - | - | - | - | - |
| Research and Development | $47.39M | $37.76M | $32.85M | $31.54M | $28.27M | $9.53M | $24.09M | $15.72M | $26.42M | $42.49M | $31.31M | $14.33M | $7.93M | $13.33M |
| Selling, General, and Administrative | $8.29M | $4.71M | $4.66M | $6.3M | $9.39M | $18.2M | $4.78M | $5.27M | $7.63M | $10.28M | $6.2M | $7.45M | $1.99M | $1.83M |
| Other | -$1.69M | $0 | $0 | $0 | $0 | $0 | $0 | -$2.43M | -$1.48M | -$698K | -$699K | -$664K | -$784K | -$946K |
| Total Operating Expenses | $54M | $42.47M | $37.51M | $37.85M | $37.66M | $27.73M | $28.87M | $18.56M | $32.58M | $52.06M | $36.81M | $21.11M | $9.14M | $14.22M |
| Operating Income (EBIT) | -$55.69M | -$42.47M | -$37.51M | -$34.49M | -$25.08M | -$18.28M | -$31.23M | -$20.99M | -$34.06M | -$52.76M | -$37.51M | -$21.78M | -$9.93M | -$15.16M |
| Operating Margin | - | - | - | -860.1% | -136.4% | -41.5% | - | - | - | - | - | - | - | - |
| Interest Expense | $88K | $807K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $5.68M | $9.81M | $10.42M | $3.82M | $467K | $2.46M | $564K | $400K | $354K | $49K | $0 | $1K | $1K | $3K |
| Other Income (Expense) | $10.38M | $3.91M | $13.2M | $902K | -$376K | $5.45M | $749.69M | -$144K | $909K | $2K | $27K | $54K | -$2K | $3K |
| Income Before Tax (EBT) | -$45.3M | -$38.56M | -$24.31M | -$33.59M | -$25.46M | -$12.83M | $718.45M | -$21.14M | -$33.15M | -$52.76M | -$37.48M | -$21.72M | -$9.93M | -$15.16M |
| Income Tax Expense | $235K | -$32K | $244K | -$688K | -$8.04M | -$1.61M | $49.82M | $0 | $0 | -$2K | -$6K | -$54K | $0 | $0 |
| Net Income | -$45.54M | -$38.53M | -$24.56M | -$32.9M | -$17.41M | -$11.22M | $668.63M | -$21.14M | -$33.15M | -$52.76M | -$37.48M | -$21.72M | -$9.93M | -$15.16M |
| Net Income Margin | - | - | - | -820.4% | -94.7% | -25.5% | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -1.49 | -1.26 | -0.81 | -1.08 | -0.58 | -0.36 | 17.17 | -0.59 | -0.95 | -1.63 | -1.22 | -0.68 | -0.31 | -0.48 |
| Diluted EPS | -1.49 | -1.26 | -0.81 | -1.08 | -0.58 | -0.36 | 14.44 | -0.59 | -0.95 | -1.63 | -1.22 | -0.68 | -0.31 | -0.48 |
| Weighted Average OS | 30.49M | 30.46M | 30.32M | 30.44M | 30.04M | 30.82M | 38.95M | 35.80M | 34.88M | 32.40M | 30.80M | 31.72M | 31.72M | 31.72M |
| EBITDA | -$43.53M | -$36.01M | -$22.57M | -$30.97M | -$22.81M | -$16.04M | $720.81M | -$18.7M | -$32.58M | -$52.06M | -$36.81M | -$21.11M | -$9.14M | -$14.21M |
| EBITDA Margin | - | - | - | -772.4% | -124.0% | -36.5% | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $125.55M | $172.68M | $200.02M | $157.31M | $236.98M | $237.37M | $714.59M | $15.82M | $31.77M | $34.32M | $91.05M | $57.33M | $7.24M | $4.17M |
| Short-Term Investments | $0 | $0 | $0 | $60.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $125.55M | $172.68M | $200.02M | $217.48M | $236.98M | $237.37M | $714.59M | $15.82M | $31.77M | $34.32M | $91.05M | $57.33M | $7.24M | $4.17M |
| Accounts Receivable | $360K | $858K | $935K | $1.76M | $8.95M | $4.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.04M | $1.03M | $760K | $601K | $0 | $83.81M | $1.67M | $0 | $0 | $0 | $0 | $324K | $0 | $0 |
| Total Current Assets | $126.95M | $174.57M | $201.72M | $219.84M | $246.87M | $325.88M | $716.26M | $17.02M | $33.33M | $36.93M | $93.04M | $58.06M | $7.69M | $4.36M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $23.13M | $24.53M | $24.9M | $26.26M | $28.31M | $27.34M | $25.17M | $27.33M | $29.64M | $30.12M | $16.32M | $4.11M | $3.38M | $4.11M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $1.66M | $1.09M | $533K | $443K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$1.66M | -$1.09M | $0 | $75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $23.13M | $24.53M | $24.9M | $26.26M | $28.31M | $27.87M | $100.61M | $27.33M | $29.64M | $30.12M | $16.32M | $4.11M | $3.38M | $4.11M |
| Other Assets | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $150.08M | $199.09M | $226.62M | $246.1M | $275.18M | $353.74M | $816.88M | $44.34M | $62.97M | $67.05M | $109.36M | $62.18M | $11.07M | $8.47M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $1.53M | $2.22M | $2.52M | $2.41M | $2.07M | $2.49M | $2.15M | $1.65M | $1.73M | $4.43M | $4.83M | $1.63M | $561K | $457K |
| Short-Term Debt | $0 | $10.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $76K | $1.72M | $83K | $55K | $10K | $142K | $49.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $5.18M | $611K | $562K | $1.17M | $904K | $1.05M | $53.2M | $0 | $0 | $521K | $421K | $0 | $0 | $161K |
| Total Current Liabilities | $7.93M | $15.11M | $6.1M | $4.07M | $3.45M | $3.98M | $60.19M | $2.94M | $2.79M | $7.96M | $6.29M | $3.15M | $845K | $1.07M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $5K | $0 | $0 | $59K | $873K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.8M | $1.72M | $1.67M | $1.58M | $1.47M | $1.12M | $1.06M | $3K | $18K | $23K | $17K | $0 | $0 | $29K |
| Total Long-Term Liabilities | $1.8M | $1.72M | $1.67M | $1.64M | $2.34M | $1.12M | $1.06M | $3K | $18K | $23K | $17K | $0 | $0 | $30K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.73M | $16.82M | $7.77M | $5.7M | $5.79M | $5.11M | $61.25M | $2.95M | $2.81M | $7.99M | $6.31M | $3.15M | $845K | $1.1M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $276.73M | $273.11M | $271.15M | $267.32M | $262.26M | $249.81M | $324.81M | $279.35M | $277.49M | $242.42M | $233.9M | $152.35M | $81.81M | $69.02M |
| Retained Earnings | -$136.38M | -$90.84M | -$52.31M | -$27.75M | $5.15M | $97.57M | $430.93M | -$237.7M | -$216.56M | -$183.41M | -$130.65M | -$93.17M | -$71.44M | -$61.52M |
| Comprehensive Income & Other | $0 | $0 | $0 | $826K | $1.97M | $1.27M | -$106K | -$255K | -$768K | $57K | -$201K | -$153K | -$135K | -$134K |
| Other Stockholders' Equity | $0 | $0 | $0 | $826K | $1.97M | $1.27M | -$106K | -$255K | -$768K | $57K | -$201K | -$153K | -$135K | -$134K |
| Total Equity | $140.35M | $182.27M | $218.85M | $240.4M | $269.38M | $348.64M | $755.63M | $41.4M | $60.16M | $59.06M | $103.05M | $59.03M | $10.23M | $7.37M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $150.08M | $199.09M | $226.62M | $246.1M | $275.18M | $353.74M | $816.88M | $44.34M | $62.97M | $67.05M | $109.36M | $62.18M | $11.07M | $8.47M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $10.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K |
| Net Debt | -$125.55M | -$162.43M | -$200.02M | -$157.31M | -$236.98M | -$237.37M | -$714.59M | -$15.82M | -$31.77M | -$34.32M | -$91.05M | -$57.33M | -$7.24M | -$4.17M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$45.54M | -$38.53M | -$24.56M | -$32.9M | -$17.41M | -$11.22M | $668.63M | -$21.14M | -$33.15M | -$52.76M | -$37.48M | -$21.72M | -$9.93M | -$15.16M |
| Depreciation & Amortization | $1.69M | $1.75M | $1.74M | $2.61M | $2.65M | $2.24M | $2.36M | $2.43M | $1.48M | $698K | $699K | $664K | $784K | $946K |
| Deferred Income Tax | $5K | $0 | $0 | $0 | $0 | -$90K | -$444K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $3.62M | $1.75M | $3.26M | $5.06M | $4.46M | $12.58M | $3.36M | $1.66M | $1.75M | $5.57M | $4.41M | $7.02M | $739K | $2.82M |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $574K | $77K | $829K | $7.34M | $1.73M | -$10.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$688K | -$364K | $91K | $357K | -$514K | -$334K | $496K | -$78K | -$2.7M | -$981K | $840K | $1.07M | $103K | -$199K |
| Other Working Capital | $3.75M | -$1.17M | $1.8M | -$97K | $78.53M | -$57.73M | -$18.11M | $586K | -$1.43M | $1.46M | -$1.61M | $1.27M | -$607K | -$37K |
| Total Working Capital Change | $3.64M | -$1.46M | $2.72M | $7.6M | $79.75M | -$68.75M | -$17.62M | $508K | -$4.13M | $475K | -$774K | $2.34M | -$504K | -$236K |
| Other Non-Cash Items | -$3.33M | $5.53M | -$1.89M | $2.8M | $0 | $90K | -$674.56M | $0 | $401K | $0 | -$157K | $0 | $0 | $0 |
| Net Cash from Operating | -$39.92M | -$30.96M | -$18.73M | -$14.82M | $69.44M | -$65.15M | -$18.27M | -$16.54M | -$33.65M | -$46.02M | -$33.31M | -$11.7M | -$8.91M | -$11.63M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$289K | -$1.3M | -$362K | -$585K | -$3.52M | -$3.73M | -$204K | -$122K | -$1.41M | -$13.91M | -$10.39M | -$1.4M | -$59K | -$550K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $675M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$63.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $61.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$289K | -$1.3M | $61.5M | -$63.89M | -$3.52M | -$3.73M | $674.8M | -$122K | -$1.41M | -$13.91M | -$10.39M | -$1.4M | -$59K | -$550K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $5K | $0 | $8M | $0 | $38.06M | $201K | $32.62M | $1.81M | $75.71M | $63.52M | $12.04M | $7.28M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$420M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | -$75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $200K | -$14K | $0 | $0 | $10.28M | $4.03M | $0 | $703K | $1.14M | $1.76M | -$174K | $0 | $135K |
| Net Cash from Financing | -$10.25M | $10.45M | -$9K | $0 | -$67.01M | -$409.72M | $42.1M | $201K | $33.32M | $2.94M | $77.47M | $63.2M | $12.04M | $7.28M |
| Forex Effect | $3.33M | -$5.53M | -$46K | -$961K | $705K | $1.37M | $149K | $513K | -$825K | $258K | -$48K | -$18K | -$1K | $0 |
| Net Change in Cash | -$47.13M | -$27.35M | $42.72M | -$79.68M | -$383K | -$477.23M | $698.77M | -$15.95M | -$2.56M | -$56.73M | $33.72M | $50.09M | $3.08M | -$4.9M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$39.92M | -$30.96M | -$18.73M | -$14.82M | $69.44M | -$65.15M | -$18.27M | -$16.54M | -$33.65M | -$46.02M | -$33.31M | -$11.7M | -$8.91M | -$11.63M |
| Capital Expenditure | -$289K | -$1.3M | -$362K | -$585K | -$3.52M | -$3.73M | -$204K | -$122K | -$1.41M | -$13.91M | -$10.39M | -$1.4M | -$59K | -$550K |
| Free Cash Flow | -$40.21M | -$32.27M | -$19.09M | -$15.41M | $65.92M | -$68.88M | -$18.47M | -$16.66M | -$35.05M | -$59.93M | -$43.7M | -$13.1M | -$8.97M | -$12.18M |
| Cash at Beginning | $172.68M | $200.02M | $157.31M | $236.98M | $237.37M | $714.59M | $15.82M | $31.77M | $34.32M | $91.05M | $57.33M | $7.24M | $4.17M | $9.07M |
| Cash at End | $125.55M | $172.68M | $200.02M | $157.31M | $236.98M | $237.37M | $714.59M | $15.82M | $31.77M | $34.32M | $91.05M | $57.33M | $7.24M | $4.17M |