The Tip Desk

XBiotech Inc.

Company Stats

Market Cap
$66.8M
as of Sep 30, 2026
Shares Outstanding
30.5M
Free Float
67.4%

Income Statement

Operating Income
-$55.7M
Net Income
-$45.5M
EBITDA
-$54.0M

Cash Flow

Free Cash Flow
-$40.2M
FCF Yield
-60.2%
Owner FCF Yield
-65.6%

Balance Sheet

Cash & Equivalents
$125.6M

Returns & Capital

SBC, 3Y Avg
$2.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—-$40.2M—
FY2024—-$32.3M—
FY2023$0-$19.1M—
FY2022$4.0M-$15.4M-384.3%
FY2021$18.4M$65.9M358.4%

Annual filing data through FY ended December 31, 2025; shares and float as of October 13, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Coverage