XBIOTECH INC. financials
Source: EDGAR filings · Built 2026-06-02T04:26:18Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -40.21M | -32.27M | -19.09M | -15.41M | 65.92M | -68.88M |
| EBITDA | -54.00M | -40.73M | -35.81M | -31.88M | -22.43M | -16.04M |
| Working Capital | 119.02M | 159.46M | 195.62M | 215.78M | 243.42M | 321.89M |
| Net Debt | — | — | -200.02M | — | — | — |
| Gross Margin | — | — | — | 83.77% | 68.36% | 21.48% |
| Operating Margin | — | — | — | -860.10% | -136.36% | -41.54% |
| Net Margin | — | — | — | -820.45% | -94.67% | -25.50% |
| Return on Equity (ROE) | -32.45% | -21.14% | -11.22% | -13.69% | -6.46% | -3.22% |
| Return on Assets (ROA) | -30.34% | -19.35% | -10.84% | -13.37% | -6.33% | -3.17% |
| Current Ratio | 16.01× | 11.56× | 33.07× | 54.07× | 71.49× | 81.80× |
| Debt-to-Equity | — | — | 0.00× | — | — | — |
| Effective Tax Rate | -0.52% | 0.08% | -1.00% | 2.05% | 31.60% | 12.52% |
| Cash Conversion Ratio | 0.88× | 0.80× | 0.76× | 0.45× | -3.99× | 5.81× |
| Accruals Ratio | -0.04× | -0.04× | -0.03× | -0.07× | -0.32× | 0.15× |
| SBC % of Revenue | — | — | — | 126.23% | 24.26% | 28.60% |
| CapEx Coverage | -138.13× | -23.74× | -51.73× | -25.34× | 19.70× | -17.48× |
| Free Cash Flow Per Share | $-1.32 | $-1.06 | $-0.63 | $-0.51 | $2.19 | $-2.23 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | — | — | 0 | 651.00K | 5.82M | 34.55M |
| Gross Profit | — | — | 0 | 3.36M | 12.57M | 9.45M |
| Research and Development Expense | 47.39M | 37.76M | 32.85M | 31.54M | 28.27M | 9.53M |
| Operating Expenses | — | 42.47M | 37.51M | 37.85M | 37.66M | 27.73M |
| Operating Income (Loss) | -55.69M | -42.47M | -37.51M | -34.49M | -25.08M | -18.28M |
| Income Tax Expense (Benefit) | 235.00K | -32.00K | 244.00K | -688.00K | -8.04M | -1.61M |
| Net Income (Loss) Attributable to Parent | -45.54M | -38.53M | -24.56M | -32.90M | -17.41M | -11.22M |
| Earnings Per Share, Basic | $-1.49 | $-1.26 | $-0.81 | $-1.08 | $-0.58 | $-0.36 |
| Weighted Average Number of Shares Outstanding, Basic | 30.49M | 30.46M | 30.44M | 30.44M | 30.04M | 30.82M |
| Earnings Per Share, Diluted | $-1.49 | $-1.26 | $-0.81 | $-1.08 | $-0.58 | $-0.36 |
| Weighted Average Number of Shares Outstanding, Diluted | 30.49M | 30.46M | 30.44M | 30.44M | 30.04M | 30.82M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 125.55M | 172.68M | 200.02M | 157.31M | 236.98M | 237.37M |
| Assets, Current | 126.95M | 174.57M | 201.72M | 219.84M | 246.87M | 325.88M |
| Assets | 150.08M | 199.09M | 226.62M | 246.10M | 275.18M | 353.74M |
| Liabilities, Current | 7.93M | 15.11M | 6.10M | 4.07M | 3.45M | 3.98M |
| Liabilities | 9.73M | 16.82M | 7.77M | 5.70M | 5.79M | 5.11M |
| Stockholders' Equity Attributable to Parent | 140.35M | 182.27M | 218.85M | 240.40M | 269.38M | 348.64M |
| Common Stock, Shares, Outstanding | 30.49M | 30.49M | 30.44M | 30.44M | 30.44M | 29.30M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -39.92M | -30.96M | -18.73M | -14.82M | 69.44M | -65.15M |
| Payments to Acquire Property, Plant, and Equipment | 289.00K | 1.30M | 362.00K | 585.00K | 3.52M | 3.73M |
| Net Cash Provided by (Used in) Investing Activities | -289.00K | -1.30M | 61.50M | -63.89M | -3.52M | -3.73M |
| Payments for Repurchase of Common Stock | — | 0 | 14.00K | 0 | — | — |
| Payments of Dividends | — | — | — | 0 | 75.00M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -10.25M | 10.45M | -9.00K | 0 | -67.01M | -409.72M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.97M | -22.99M | -17.22M | -12.85M | -6.81M | -6.62M |
| EBITDA | -5.94M | -29.38M | — | — | -13.11M | -8.31M |
| Working Capital | 114.05M | 119.02M | 145.39M | 151.03M | 152.28M | 159.46M |
| Return on Equity (ROE) | -4.08% | -19.16% | -3.60% | -1.01% | -6.23% | -5.77% |
| Return on Assets (ROA) | -3.94% | -17.92% | -3.48% | -0.98% | -5.98% | -5.28% |
| Current Ratio | 39.03× | 16.01× | 41.78× | 40.16× | 29.15× | 11.56× |
| Effective Tax Rate | -0.90% | -0.28% | -1.73% | -1.62% | -0.27% | 0.39% |
| Cash Conversion Ratio | 1.63× | 0.85× | 2.82× | 7.24× | 0.62× | 0.62× |
| Accruals Ratio | 0.02× | -0.03× | 0.06× | 0.06× | -0.02× | -0.02× |
| CapEx Coverage | — | -675.06× | -66.54× | -87.65× | -71.49× | -77.86× |
| Free Cash Flow Per Share | $-0.29 | $-0.75 | $-0.57 | $-0.44 | $-0.23 | $-0.22 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 0.53× | 0.52× | 0.49× | 0.52× | 0.57× | 0.66× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 5.21M | 25.36M | 5.08M | 5.34M | 11.62M | 7.82M |
| Operating Expenses | — | — | 6.05M | 6.34M | 13.55M | 8.75M |
| Operating Income (Loss) | -6.27M | -29.75M | -6.05M | -6.34M | -13.55M | -8.75M |
| Income Tax Expense (Benefit) | 49.00K | 76.00K | 102.00K | 28.00K | 29.00K | -41.00K |
| Net Income (Loss) Attributable to Parent | -5.50M | -26.89M | -6.01M | -1.76M | -10.88M | -10.51M |
| Earnings Per Share, Basic | $-0.18 | $-0.88 | $-0.20 | $-0.06 | $-0.36 | $-0.34 |
| Weighted Average Number of Shares Outstanding, Basic | 30.49M | 30.49M | 30.49M | 30.49M | 30.49M | 30.46M |
| Weighted Average Number of Shares Outstanding, Diluted | — | 30.49M | — | — | — | 30.46M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 115.46M | 125.55M | 147.37M | 152.94M | 155.90M | 172.68M |
| Assets, Current | 117.05M | 126.95M | 148.95M | 154.89M | 157.69M | 174.57M |
| Assets | 139.84M | 150.08M | 172.42M | 178.68M | 181.86M | 199.09M |
| Liabilities, Current | 3.00M | 7.93M | 3.56M | 3.86M | 5.41M | 15.11M |
| Liabilities | 4.82M | 9.73M | 5.34M | 5.62M | 7.15M | 16.82M |
| Stockholders' Equity Attributable to Parent | 135.02M | 140.35M | 167.08M | 173.06M | 174.71M | 182.27M |
| Common Stock, Shares, Outstanding | 30.49M | 30.49M | 30.49M | 30.49M | 30.49M | 30.49M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.97M | -22.95M | -16.97M | -12.71M | -6.72M | -6.54M |
| Payments to Acquire Property, Plant, and Equipment | 0 | 34.00K | 255.00K | 145.00K | 94.00K | 84.00K |
| Net Cash Provided by (Used in) Investing Activities | 9.00K | -34.00K | -255.00K | -145.00K | -94.00K | -84.00K |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | 0 | 0 | -10.25M | -10.25M | -10.25M | 283.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (XBIT CIK 0001626878),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.