Xencor(XNCR) - 2025 Q4 - Annual Results

Financial Position - As of December 31, 2025, Xencor, Inc. estimates its cash, cash equivalents, and marketable debt securities to be approximately $611 million, a decrease from $706.7 million as of December 31, 2024[4] - The company expects to have sufficient cash to fund its research and development programs and operations through 2028 based on current operating plans[4]