CytomX Therapeutics, Inc.

CTMX Healthcare Biotechnology

CytomX Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $76.2 million, down 44.8% from fiscal 2024.

Revenue
−71.7%
EPS
0.00%
Free cash flow
+204.1%

Quarter to September 2026, against a year earlier

2.19 0.05 +2.34%
Market cap
$466.3M
P/E
0.0×
Fwd P/E
−5.8×
Dividend yield
—
F-score
2/9
Altman Z
0.92
Beneish M
−1.09
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.23
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 4 — — 1 — — — — —
Insider Ownership 19.36%

Capital & Financial Ratios $m

Size
Market Cap 466.30
Revenue ttm 14.03
Net income ttm (85.42)
Free cash flow ttm (50.90)
Net debt Q (331.20)
Valuation
P/E 0.00
Forward P/E (5.83) (negative: loss-making)
Price / sales 34.21 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.68
Financial health
Current ratio Q 7.82 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 1.16
Growth
Revenue growth Q −71.69% (below 0%: shrinking)
Operating income growth Q −49.05% (below 0%: shrinking)
EPS, this year −152.61% (below 0%: weak)
EPS, next year A −19.47% (below 0%: weak)
Revenue, next year A −67.15% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −0.90% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 89.44%
10-year low 10-year high
P/B against its own 10 years 4.89%
10-year low 10-year high
EV/Sales against its own 10 years 74.09%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 175 101 137 —
Receivables 3 3 2 1
Inventory — — — —
Other — — — —
183 107 144 356
2023 2024 2025 Q'26
Payables 1 1 1 1
ST’ Debt — — — —
Other — — — —
156 86 47 46

Compound Annual Growth %

10y 5y 3y
Sales 25.74% (5.36%) 12.75%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (2.39%) 14.73% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.10) (0.09) (0.09) — —
’25 0.27 0.00 (0.09) (0.22) (0.15)
’24 0.17 (0.08) 0.07 0.22 0.38
’23 (0.05) (0.02) 0.04 0.01 (0.01)
’22 (0.37) (0.37) (0.35) (0.13) (1.51)
’21 (0.26) (0.30) (0.35) (0.91) (1.81)
’20 0.26 (0.34) (0.32) (0.31) (0.71)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 10 1 2 — —
’25 51 19 6 1 76
’24 41 25 33 38 138
’23 23 25 26 27 101
’22 9 13 11 20 53
’21 16 16 18 (13) 37
’20 50 17 18 16 100
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) (18) 17 — —
’25 (21) (16) (16) (23) (76)
’24 (26) (20) (21) (20) (86)
’23 9 (25) (18) (22) (56)
’22 (41) (34) (34) (1) (111)
’21 (30) (28) (30) (31) (119)
’20 (50) 97 (25) (17) 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (26) (18) 16 — —
’25 (21) (16) (15) (23) (76)
’24 (26) (20) (21) (20) (87)
’23 9 (26) (18) (22) (57)
’22 (42) (35) (34) (2) (113)
’21 (31) (28) (30) (31) (121)
’20 (51) 97 (25) (18) 3
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 15 72 60 57 100 37 53 101 138 76 14 +19.8% 25 25 29 (27.9%)
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT (59) (44) (70) (103) (47) (116) (99) 3 32 (17) (85) (12.8%)
EBT margin, % (391.67) (60.89) (118.15) (178.58) (46.63) (310.54) (186.82) 3.28 23.24 (22.48) (607.31) +369.2 pt
Net income (59) (43) (85) (102) (33) (116) (99) (1) 32 (17) (85) (12.7%)
Per share, $
Per share, $ Revenue 0.42 1.93 1.43 1.27 2.17 0.58 0.81 1.37 1.64 0.55 0.06 +3.2%
Earnings (1.63) (1.16) (2.03) (2.26) (0.71) (1.81) (1.51) (0.01) 0.38 (0.15) (0.50) (23.3%)
Cash flow (0.06) 4.58 (1.81) (3.10) 0.11 (1.86) (1.69) (0.76) (1.02) (0.55) (0.23) +28.8%
Capex (0.06) (0.04) (0.09) (0.08) (0.05) (0.03) (0.03) (0.01) 0.00 0.00 0.00 (33.0%)
Free cash flow (0.11) 4.54 (1.90) (3.18) 0.06 (1.88) (1.71) (0.77) (1.02) (0.55) (0.23) +19.0%
Book value 2.17 1.88 3.14 1.13 1.08 (0.01) (1.30) (0.64) (0.01) 0.72 1.30 (11.5%)
Shares, m 36 37 42 45 46 64 66 74 84 138 188 +16.0%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.71 0.00 0.00 0.3
P/S 25.80 11.29 10.57 6.55 3.01 7.44 1.99 1.23 0.63 7.71 34.21 7.6
P/B 4.95 11.57 4.81 7.37 6.07 0.00 0.00 0.00 0.00 5.93 1.68 4.1
EV/Sales 13.70 6.07 3.24 1.45 (0.11) (0.64) (1.57) (0.45) (0.07) 5.97 10.89 2.8
EV/FCF (49.60) 2.57 (2.43) (0.58) (3.62) 0.20 0.74 0.80 0.11 (6.00) (3.00) (5.8)
Cash, $m
Cash, $m Operating cash flow (2) 170 (76) (140) 5 (119) (111) (56) (86) (76) (50) +49.5%
Capex (2) (2) (4) (3) (2) (2) (2) (1) 0 0 (1) (22.3%)
Free cash flow (4) 169 (79) (144) 3 (121) (113) (57) (87) (76) (51) +38.1%
Balance, $m
Balance, $m Working capital 152 327 348 218 223 232 84 27 22 97 311 (4.9%)
Net debt (182) (374) (436) (293) (313) (302) (190) (175) (101) (137) (331) (3.1%)
Shareholders’ equity 78 70 131 51 50 0 (86) (47) 0 99 285 +2.6%
Returns, %
Returns, % ROA (29.72) (14.44) (19.80) (25.61) (9.40) (33.20) (33.09) (0.25) 19.77 (14.97) (33.82) +14.8 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (20.82) 0.0 pt
ROE (57.59) (58.09) (84.28) (112.35) (65.17) (469.64) 230.41 0.85 (133.06) (41.34) (45.08) +16.2 pt
People
People Employees 80 93 139 160 146 178 118 122 121 69 — (1.6%)
Revenue/emp, $m 0.19 0.77 0.43 0.36 0.69 0.21 0.45 0.83 1.14 1.10 — +21.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

CytomX Therapeutics, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DMAC DiaMedica Therapeutics, Inc. $487.5M — (loss-making) — (loss-making) — n/m −6.75% (below 0%: shrinking) 0.00% 0.00% Compare
RGNX REGENXBIO Inc. $487.2M — (loss-making) — (loss-making) −69.19% (below 0%: shrinking) n/m +168.05% (above 0%: growing) 87.55% (387.84%) Compare
INDP Indaptus Therapeutics, Inc. $485.3M — (loss-making) — — n/m +52.03% (above 0%: growing) 0.00% 0.00% Compare
CBIO Crescent Biopharma, Inc. $480.6M — (loss-making) — (loss-making) +1,038,900.00% (above 0%: growing) n/m −7.04% (below 0%: shrinking) 100.00% 0.00% Compare
MDXG MiMedx Group, Inc $478.6M — (loss-making) — (loss-making) −45.23% (below 0%: shrinking) n/m −87.21% (below 0%: shrinking) 79.80% (18.79%) Compare
CTMX CytomX Therapeutics, Inc. $466.3M — (loss-making) — (loss-making) −71.69% (below 0%: shrinking) n/m +204.14% (above 0%: growing) 100.00% (1,392.30%)
ETRA Electra Therapeutics Inc. $461.3M — — — — — — — Compare
MNPR Monopar Therapeutics Inc. $451.2M — (loss-making) — — n/m −201.41% (below 0%: shrinking) — 0.00% Compare
STTK Shattuck Labs, Inc. $450.6M — (loss-making) — (loss-making) −10.31% (below 0%: shrinking) n/m +1.01% (above 0%: growing) 100.00% 0.00% Compare
Median of peers $479.6M — — −27.77% — −6.75% 83.68% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 30 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 4.74m 10.64m 266.25
2024 1.75m 1.06m 64.38
2023 2.61m 519.37k 96.88

Ownership

Directors and executive officers, together 3.80%
FMR LLC 11.30%
Venrock Healthcare Capital Partners III, L.P. 7.10%
Longitude Capital Partners V, LLC 5.30%
Point72 Asset Management 5.00%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

CytomX Therapeutics, Inc. (CTMX) Latest News

6 Nov

Impact 3 · · The Motley Fool transcript

5 Nov

2 Jun

Impact 3 · · The Motley Fool transcript

8 May

Impact 4 · · The Motley Fool transcript
Impact 3 · · Moby transcript

27 Mar

stockrow.com/CTMX · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com