Xilio Therapeutics, Inc. XLO

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a clinical-stage biotechnology company discovering and developing masked immuno-oncology, or I-O, therapies with the goal of significantly improving outcomes for people living with cancer. Leveraging our clinically-validated masking technology and capabilities, we are developing I-O therapies designed to selectively activate within the tumor microenvironment to achieve durable efficacy without the severe side effects associated with systemically active I-O agents. Our integrated biology and protein engineering approach enables us to design and develop highly potent, masked biologics that are activated, or unmasked, by tumor-specific proteases within the tumor microenvironment. We are currently advancing multiple programs in preclinical and clinical development, including masked multi-specifics, and our clinically-validated masking technology has enabled us to establish top-tier strategic partnerships, including with AbbVie Group Holdings Limited, or AbbVie, and Gilead Sciences, Inc., or Gilead.

Last close 9.00 2026-09-04
Market cap $52.0M 2025-12-31 share count
52-week range 6.47 - 12.74

Valuation FY2025 figures against the last close

P/S1.2x
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-4.19

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue $43.8M$6.3M
R&D $56.0M$41.2M$52.1M$59.2M$51.2M$43.9M
SG&A $29.7M$24.8M$27.0M$29.9M$23.9M$10.7M
Total operating expenses $85.7M$66.9M$79.1M$89.1M$75.0M$54.6M
Operating income -$42.0M-$60.6M-$79.1M-$89.1M-$75.0M-$54.6M
Pre-tax income -$35.0M-$58.2M-$76.4M-$88.2M-$75.8M-$55.2M
Income tax $0$0$0$0$0$0
Net income -$35.0M-$58.2M-$76.4M-$88.2M-$75.8M-$55.2M
EPS, basic -4.19-15.24-2.78-3.22-13.52-105.42
EPS, diluted -4.19-15.24-2.78-3.22-13.52-105.42
Shares, diluted (wtd. avg.) $8.4M$3.8M$27.5M$27.4M$5.6M$523.8K

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $137.5M$55.3M$46.3M$121.9M$199.6M$20.8M$49.0M
Total current assets $145.0M$60.2M$48.1M$124.5M$202.5M$20.6M
Property, plant and equipment $3.9M$4.5M$5.9M$7.3M$7.6M$7.4M
Total assets $154.7M$71.1M$60.9M$139.2M$218.1M$36.3M
Accounts payable $3.2M$2.6M$1.1M$3.1M$3.1M$5.4M
Total current liabilities $56.3M$27.3M$16.0M$21.1M$12.8M$22.2M
Total liabilities $119.4M$53.5M$24.1M$33.5M$32.6M$41.6M
Retained earnings -$418.8M-$383.8M-$325.5M-$249.1M-$160.9M-$85.1M
Total equity $35.3M$17.6M$36.8M$105.6M$185.4M-$83.3M-$29.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$5.0M-$18.4M-$68.6M-$75.7M-$80.8M-$36.1M
Depreciation and amortisation $1.5M$1.6M$1.9M$1.8M$1.5M$1.1M
Stock-based compensation $6.9M$6.4M$7.4M$8.4M$5.0M$1.3M
Capital expenditure $518.0K$36.0K$486.0K$1.9M$1.1M$2.2M
Investing cash flow -$518.0K-$36.0K-$486.0K-$1.9M-$1.1M-$2.2M
Financing cash flow $87.8M$29.2M-$6.5M-$69.0K$260.7M$10.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-118550.

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