AGENUS INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $114.2M | $103.5M | $156.3M | $98.0M | $295.7M |
| Cost of revenue | $1.0M | $486,000 | $3.1M | $10.6M | $3.5M |
| Research and development | $79.3M | $155.5M | $234.6M | $186.7M | $178.6M |
| Operating income | -$20.2M | -$120.5M | -$159.5M | -$179.4M | $25.7M |
| Interest expense | $55.6M | $120.4M | $103.9M | $64.1M | — |
| Pretax income | -$3.1M | -$232.3M | -$257.4M | — | — |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$3.1M | -$232.3M | -$257.4M | -$230.7M | -$28.7M |
| Balance Sheet | |||||
| Cash and equivalents | $3.0M | $40.4M | $76.1M | $178.7M | $291.9M |
| Current assets | $133.4M | $45.6M | $112.4M | $213.1M | $332.0M |
| Total assets | $226.8M | $226.3M | $313.9M | $413.6M | $466.0M |
| Current liabilities | $323.5M | $221.4M | $255.9M | $189.0M | $156.9M |
| Total debt | $45.5M | $35.2M | $13.1M | $13.6M | $13.8M |
| Stockholders' equity | -$271.1M | -$326.4M | -$160.3M | -$61.3M | $34.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$77.2M | -$158.3M | -$224.2M | -$175.4M | $10.1M |
| Depreciation and amortization | $9.7M | $12.8M | $11.9M | $4.7M | $4.6M |
| Stock-based compensation | $13.8M | $17.4M | $22.9M | $18.3M | $19.6M |
| Capital expenditure | $6,000 | $576,000 | $10.0M | $53.1M | $33.8M |
| Free cash flow | -$77.2M | -$158.9M | -$234.2M | -$228.4M | -$23.7M |
| Share repurchases | — | — | $606,000 | — | — |
| Impairments | $234,000 | $2.0M | $0 | $6.1M | $0 |
Shares outstanding 41.6M · Free float 25.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.