Agenus Inc.

AGEN Healthcare Biotechnology

Agenus Inc.’s revenue for fiscal 2025 (year ended December 2025) was $114.2 million, up 10.4% from fiscal 2024. In the quarter to June 2026, revenue grew 34.4%, EPS grew 98.6%, free cash flow fell 55.3% and total debt fell 11.2%, each against the same quarter a year earlier.

6.04 0.64 −9.58%
Market cap
$301.7M
P/E
2.3×
Fwd P/E
4.1×
Dividend yield
—
F-score
4/9
Altman Z
−14.16
Beneish M
12.57
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
114.20 103.46 156.31 98.02 295.67 88.17 150.05 36.78 42.88 22.57
Revenue Growth
10.37% (33.81%) 59.47% (66.85%) 235.34% (41.24%) 307.92% (14.21%) 89.95% (9.04%)
Cost of Revenue
1.02 0.49 3.11 10.57 3.47 2.35 — — — —
Gross Profit
113.17 102.98 153.20 87.46 292.20 85.82 150.05 36.78 42.88 22.57
R&D Expenses
79.34 155.53 234.57 186.69 178.61 142.62 168.34 124.60 116.13 94.97
SG&A Expenses
54.39 71.88 78.74 81.01 76.36 59.22 46.04 37.34 33.74 33.13
Operating Income
(20.17) (120.47) (159.55) (179.43) 25.75 (117.23) (70.14) (123.82) (103.80) (107.48)
Non-operating Income/Expense
17.09 (111.80) (97.89) (51.23) (54.47) (65.66) (41.42) (38.22) (16.89) (19.52)
Non-operating Interest Expenses
55.27 117.63 97.93 61.86 65.72 61.08 41.45 25.27 18.87 17.32
EBT
(3.08) (232.27) (257.44) (230.66) (28.72) (182.89) (111.56) (162.04) (120.69) (127.00)
Income after Tax
(3.08) (232.27) (257.44) (230.66) (28.72) (182.89) (111.56) (162.04) (120.69) (127.00)
Dividends (Preferred)
0.22 0.22 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.20
Non-Controlling Interest
(3.20) (5.06) (11.68) (10.58) (4.80) (1.98) (3.90) (2.35) — —
Net Income Common
(0.10) (227.43) (245.97) (220.29) (24.14) (181.12) (107.86) (159.90) (120.90) (127.20)
EPS (Basic)
0.00 (10.59) (13.80) (15.60) (2.20) (21.00) (16.00) (28.80) (24.60) (29.20)
EPS (Diluted)
0.00 (10.59) (13.80) (15.60) (2.20) (21.00) (16.00) (28.80) (24.60) (29.20)
Shares (Basic, Weighted)
29.73 21.47 17.89 14.09 11.45 8.63 6.75 5.54 4.92 4.35
Shares (Diluted, Weighted)
29.73 21.47 17.89 14.09 11.45 8.63 6.75 5.54 4.92 4.35
Gross Margin
99.11% 99.53% 98.01% 89.22% 98.83% 97.34% 100.00% 100.00% 100.00% 100.00%
EBIT Margin
(17.66%) (116.44%) (102.07%) (183.04%) 8.71% (132.96%) (46.74%) (336.62%) (242.09%) (476.12%)
EBT margin
(2.70%) (224.50%) (164.69%) (235.31%) (9.72%) (207.43%) (74.35%) (440.53%) (281.48%) (562.59%)
Net Profit Margin
(0.09%) (219.81%) (157.36%) (224.73%) (8.16%) (205.42%) (71.89%) (434.70%) (281.96%) (563.49%)
Free Cash Flow Margin
(67.29%) (153.55%) (147.65%) (210.60%) (6.09%) (161.69%) (15.55%) (366.15%) (226.76%) (409.69%)
EBITDA
(10.17) (107.13) (145.96) (172.48) 32.54 (110.06) (63.47) (117.53) (97.79) (102.53)
EBIT
(20.17) (120.47) (159.55) (179.43) 25.75 (117.23) (70.14) (123.82) (103.80) (107.48)
Income from Continuous Operations
(3.08) (232.27) (257.44) (230.66) (28.72) (182.89) (111.56) (162.04) (120.69) (127.00)
Consolidated Net Income/Loss
(3.08) (232.27) (257.44) (230.66) (28.72) (182.89) (111.56) (162.04) (120.69) (127.00)
EPS (Basic, from Continuous Ops)
(0.10) (10.82) (14.39) (16.37) (2.51) (21.20) (16.53) (29.26) (24.53) (29.17)
EPS (Basic, Consolidated)
(0.10) (10.82) (14.39) (16.37) (2.51) (21.20) (16.53) (29.26) (24.53) (29.17)
EPS (Diluted, from Cont. Ops)
(0.10) (10.82) (14.39) (16.37) (2.51) (21.20) (16.53) (29.26) (24.53) (29.17)
Shares (Diluted, Average)
29.73 21.93 18.66 14.79 13.06 8.71 6.97 5.63 4.92 4.35
EPS (Diluted, Consolidated)
(0.10) (10.82) (14.39) (16.37) (2.51) (21.20) (16.53) (29.26) (24.53) (29.17)
EBITDA Margin
(8.91%) (103.55%) (93.38%) (175.96%) 11.00% (124.82%) (42.30%) (319.52%) (228.08%) (454.20%)
Operating Cash Flow Margin
(67.60%) (153.02%) (143.43%) (178.91%) 3.43% (157.76%) (12.45%) (356.39%) (219.76%) (354.23%)

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In millions of $ except per-share values · columns are period end dates