Agenus Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	123.87	114.2	103.46	156.31	98.02	295.67
Revenue Growth (YoY)	24.46%	10.37%	-33.81%	59.47%	-66.85%	235.33%
Cost of Revenue	1.21	1.02	0.49	3.11	10.57	3.47
Gross Profit	122.66	113.17	102.98	153.2	87.46	292.2
Selling, General & Admin	45.53	54.39	71.88	78.74	81.01	76.36
Research & Development	69.64	79.34	155.53	234.57	186.69	178.61
Other Operating Expenses	0.39	0.39	3.95	0.56	0.82	-11.48
Total Operating Expenses	115.56	134.12	231.36	313.86	268.51	243.49
Operating Income	8.2	-20.17	-120.48	-159.55	-179.43	25.75
Interest Expense	-57.15	-55.27	-117.63	-97.93	-61.86	-65.72
Other Non-Operating Income (Expense)	137.79	72.36	5.83	0.04	10.63	11.25
Total Non-Operating Income (Expense)	80.64	17.09	-111.8	-97.89	-51.23	-54.47
Pretax Income	88.84	-3.08	-232.27	-257.44	-230.66	-28.72
Net Income	64.39	-0.1	-227.43	-245.97	-220.29	-24.14
Minority Interest in Earnings	-2.11	-3.2	-5.06	-11.68	-10.58	-4.8
Net Income Attributable to Preferred Dividends	0.22	0.22	0.22	0.21	0.21	0.21
Net Income to Common	64.39	-0.1	-227.43	-245.97	-220.29	-24.14
Shares Outstanding (Basic)	33	30	21	18	14	11
Shares Outstanding (Diluted)	33	30	21	18	14	11
Shares Change (YoY)	48.25%	38.47%	20.00%	27.02%	23.07%	32.70%
EPS (Basic)	1.66	-	-10.59	-13.75	-15.64	-2.20
EPS (Diluted)	1.59	-	-10.59	-13.75	-15.64	-2.20
Shares Outstanding	38.52	35.32	23.63	19.72	15.28	12.84
Free Cash Flow	-87.53	-77.2	-158.89	-234.16	-228.44	-0.02
Free Cash Flow Per Share	-2.62	-2.60	-7.40	-13.09	-16.22	-0.00
Gross Margin	99.03%	99.11%	99.53%	98.01%	89.22%	98.83%
Operating Margin	6.62%	-17.66%	-116.44%	-102.07%	-183.04%	8.71%
Profit Margin	50.45%	-2.70%	-224.50%	-164.69%	-235.31%	-9.72%
FCF Margin	-70.66%	-67.60%	-153.57%	-149.80%	-233.04%	-0.01%
EBITDA	15.58	-10.17	-107.13	-145.96	-172.48	25.75
EBITDA Margin	12.57%	-8.91%	-103.55%	-93.38%	-175.96%	8.71%
EBIT	8.2	-20.17	-120.48	-159.55	-179.43	25.75
EBIT Margin	6.62%	-17.66%	-116.44%	-102.07%	-183.04%	8.71%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q