greeksoup/ stock research

Xenon Pharmaceuticals (XENE) Q3 FY2026 earnings: revenue $0

Xenon Pharmaceuticals Inc. (XENE) reported revenue of $0 for Q3 FY2026, the quarter ended 30 September 2026. Net income was -$110 million, and diluted earnings per share $-1.11. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue
$0
Q4 FY2024Q3 FY2026
Operating margin
n/a
Q4 FY2024Q3 FY2026
Net income
-$110 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$1.11
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 new, 3 kept.

  • Net loss widened to $110.4 million: Net loss was $110.4 million against $90.9 million a year earlier. Management attributed the increase mainly to higher R&D on the azetukalner and pain programs and higher personnel and G&A costs, partly offset by interest income.
  • Focal seizure NDA submitted to FDA: The company submitted its New Drug Application for azetukalner in focal seizures to the FDA in September 2026, as planned for the third quarter.
  • MDD readout moved to December: Enrollment in the Phase 3 X-NOVA2 MDD study completed with about 360 patients. Topline data are now expected in December 2026, compared with H1 2027 in the prior quarter.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue0.00.00.0
Research and development95.699.277.1-3.6%+24.1%
Operating income-120-123-96.3
Pre-tax income-109-111-90.2
Income tax1.8-0.60.7+172.2%
Net income-110-111-90.9
Diluted EPS-$1.11-$1.11-$1.15
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-90.3-95.4-71.8
Capital expenditure0.30.30.3+3.3%+1.1%
Free cash flow-90.6-95.7-72.0
Cash from investing53.2-33138.5+38.0%
Cash from financing0.20.02.4+776.9%-90.3%
Depreciation and amortisation0.60.60.6+0.7%-12.3%
Share-based compensation16.516.713.7-1.1%+20.8%
Diluted shares, weighted100m100m79m+0.2%+25.9%
Shares outstanding at period end98m97m77m+1.6%+27.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity1,1461,242560-7.7%+104.9%
Debt0.00.00.0
Operating lease liabilities4.95.16.8-4.4%-28.9%
Other liabilities48.648.341.5+0.7%+17.2%
Total liabilities and equity1,2001,296608-7.4%+97.4%
Fixed assets7.57.88.9-4.0%-16.0%
Investments1,0711,126451-4.9%+137.6%
Cash and equivalents82.6120105-30.9%-21.0%
Other assets38.942.943.7-9.2%-10.9%
Total assets1,2001,296608-7.4%+97.4%

Questions

What was Xenon Pharmaceuticals' revenue in Q3 FY2026?

Xenon Pharmaceuticals (XENE) reported revenue of $0 for Q3 FY2026, the quarter ended 30 September 2026.

How much did Xenon Pharmaceuticals earn in Q3 FY2026?

Net loss for Q3 FY2026 was $110 million, and the diluted loss per share $1.11.

When did Xenon Pharmaceuticals report Q3 FY2026 results?

Xenon Pharmaceuticals filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2020 *Q1 FY2021Q2 FY2021Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2024 †Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue5.24.42.28.13.78.80.50.10.00.00.00.00.07.50.00.00.00.00.00.0
R&D15.016.318.418.921.919.422.129.434.844.249.757.059.561.275.077.187.788.599.295.6
Operating income-12.9-16.1-22.5-15.6-24.8-17.4-30.3-38.1-43.3-59.0-69.1-73.7-77.5-72.7-94.2-96.3-110-112-123-120
Operating margin-251%-368%-1014%-192%-665%-198%-5656%-28885%n/an/an/an/an/a-970%n/an/an/an/an/an/a
Interest expense0.0n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Pre-tax income-12.3-15.8-22.3-15.7-25.1-20.1-31.2-37.7-36.3-47.5-58.3-63.1-69.5-64.6-85.3-90.2-105-105-111-109
Net income-12.3-15.8-22.1-15.4-25.6-19.7-31.2-37.1-37.4-47.9-57.9-62.8-65.7-65.0-84.7-90.9-105-102-111-110
Net margin-239%-362%-997%-190%-684%-224%-5813%-28144%n/an/an/an/an/a-867%n/an/an/an/an/an/a
Diluted EPS-$0.34-$0.42-$0.51-$0.36-$0.48-$0.35-$0.55-$0.57-$0.57-$0.62-$0.75-$0.81-$0.84-$0.83-$1.07-$1.15-$1.31-$1.17-$1.11-$1.11
Operating cash flow-13.1-20.7-13.1-15.0-20.7-18.4-16.9-30.4-32.7-46.2-32.7-51.1-54.4-61.7-64.2-71.8-81.5-88.9-95.4-90.3
Capital expenditure0.80.40.90.20.50.20.50.41.80.21.50.60.80.00.20.30.30.10.30.3
Free cash flow-13.9-21.1-14.0-15.2-21.2-18.6-17.4-30.8-34.5-46.4-34.2-51.7-55.2-61.7-64.4-72.0-81.8-89.0-95.7-90.6
Shares outstanding35m41m41m41m52m53m62m63m63m75m76m76m76m77m77m77m80m97m97m98m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.