earnings
confidence high
sentiment positive
materiality 0.70
XOMA Royalty reports 2025 net income $31.7M vs loss $13.8M; royalties up 68% YoY
XOMA Royalty Corp
- Full-year cash receipts $50.5M ($33.6M royalties, +68% YoY; $16.9M milestones); Q4 net income $6.1M vs loss $4.0M YoY.
- Repurchased 648,048 shares for $16.0M; completed seven acquisitions adding 22 assets to portfolio.
- Pipeline catalysts: volixibat Phase 2b data in PSC in Q2 2026; ersodetug Phase 3 data in tumor HI 2H 2026.
- Seralutinib Phase 3 PAH missed primary endpoint; path forward discussions with FDA ongoing.
- Litigation vs Janssen over TREMFYA IP continues; G&A includes $1.1M legal costs in 2025.