Exicure, Inc.

XCUR Healthcare Biotechnology

Exicure, Inc.’s revenue for fiscal 2024 (year ended December 2024) was $500,000.00, down 98.3% from fiscal 2022.

EPS
+56.1%
Free cash flow
+65.4%

Quarter to June 2026, against a year earlier

0.91 0.02 +2.25%
Market cap
$5.8M
P/E
0.0×
Fwd P/E
−0.3×
Dividend yield
—
F-score
n/a
Altman Z
−18.31
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 11.58
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 3 — — — — — — — — — —
Insider Ownership 41.48%

Capital & Financial Ratios $m

Size
Market Cap 5.83
Revenue ttm 26.76
Net income ttm (8.28)
Free cash flow ttm (6.70)
Net debt Q (1.72)
Valuation
P/E 0.00
Forward P/E (0.32) (negative: loss-making)
Price / sales 0.22
Forward P/S Powerpack
Price / FCF 0.00
Price / book 5.94
Financial health
Current ratio Q 0.56 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (1,264.83)
Growth
Revenue growth Q −80.51% (below 0%: shrinking)
Operating income growth Q +57.99% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A −67.04% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

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 16.88%
10-year low 10-year high
P/B against its own 10 years 69.04%
10-year low 10-year high
EV/Sales against its own 10 years 6.52%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 13 4 2
Receivables 0 1 0 0
Inventory — — — —
Other — — — —
2 14 5 2
2023 2024 2025 Q'26
Payables 2 1 2 2
ST’ Debt — — — —
Other — — — —
3 3 4 4

Compound Annual Growth %

10y 5y 3y
Sales — 33.48% (68.89%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (42.32%) (35.92%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.29) (0.18) — — —
’25 0.49 (0.41) (0.39) (0.46) (0.79)
’24 (0.50) (0.35) (0.57) (3.39) (4.75)
’23 (3.50) (3.40) (3.05) (0.86) (10.55)
’22 (10.51) (8.30) (5.20) 20.50 (2.80)
’21 (21.02) (24.02) (40.54) (22.52) (108.11)
’20 1.50 (7.51) (15.01) (22.52) (42.04)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’24 1 — — — 1
’22 3 2 2 22 29
’21 1 0 (4) 2 0
’20 9 5 2 0 17
’19 0 0 1 0 1
’18 0 0 0 0 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 (2) (2) (4) (1) (9)
’24 0 (1) 0 (1) (3)
’23 (3) (5) (1) (1) (10)
’22 (13) (9) (7) (7) (36)
’21 (15) (11) 5 (14) (35)
’20 (8) (11) (9) (12) (39)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 (2) (3) (3) (1) (9)
’24 0 (1) 0 (1) (3)
’23 (3) (5) (1) 0 (9)
’22 (13) (9) (7) (7) (35)
’21 (15) (11) 5 (14) (36)
’20 (8) (13) (9) (12) (42)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

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 Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1 10 0 1 17 0 29 — 1 — 27 (8.7%) — — — —
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 — 100.00 — 80.08 0.0 pt
EBT (17) (11) (22) (26) (25) (64) (2) (17) (10) (6) (9) (11.6%)
EBT margin, % (1,635.23) (113.29) (18,994.07) (2,029.55) (148.49) 13,271.64 (8.23) 0.00 (1,938.60) 0.00 0.00 +1,635.2 pt
Net income (17) (11) (22) (26) (25) (64) (3) (17) (10) (5) (8) (12.8%)
Per share, $
Per share, $ Revenue 1,295.00 144.20 0.43 3.37 28.60 (0.82) 31.20 0.00 0.24 0.00 0.00 n/m
Earnings (22,510.56) (163.37) (81.70) (69.07) (42.04) (108.11) (2.80) (10.55) (4.75) (0.79) (1.32) (68.0%)
Cash flow (6,312.50) (293.61) (71.04) 3.43 (67.61) (58.94) (38.60) (6.46) (1.42) (1.36) (1.05) (60.9%)
Capex (492.50) (13.74) (0.34) (2.82) (5.46) (1.64) 0.21 0.58 0.00 0.01 0.00 n/m
Free cash flow (6,805.00) (307.34) (71.39) 0.61 (73.07) (60.57) (38.39) (5.89) (1.42) (1.35) (1.05) (61.2%)
Book value 3,060.00 296.37 76.38 210.22 105.90 19.01 16.15 1.89 3.31 0.62 0.15 (61.1%)
Shares, m 0 0 0 0 1 1 1 2 2 6 6 +171.0%
Valuation, ×
Valuation, × P/E 0.22 0.22 0.00 0.00 0.00 0.00 0.00 — 0.00 — 0.00 0.1
P/S 16.64 16.64 1,234.47 127.16 9.28 0.00 0.22 — 1.04 — 0.22 175.7
P/B 7.47 7.47 6.95 2.04 2.51 1.59 0.42 — 4.12 — 5.94 4.1
EV/Sales 14.43 14.43 1,095.34 45.55 5.35 14.39 0.18 — 0.85 — 0.19 148.8
EV/FCF (5.75) (5.75) (6.53) 251.20 (2.10) 0.19 (0.14) — (11.49) — (0.86) 27.5
Cash, $m
Cash, $m Operating cash flow (5) (20) (19) 1 (39) (35) (36) (10) (3) (9) (7) +6.0%
Capex 0 (1) 0 (1) (3) (1) 0 1 — 0 1 n/m
Free cash flow (5) (21) (20) 0 (42) (36) (35) (9) (3) (9) (7) +5.1%
Balance, $m
Balance, $m Working capital 8 24 26 82 73 10 8 0 11 1 (2) (23.2%)
Net debt (14) (21) (21) (106) (65) (32) (9) (1) (13) (4) (2) (13.6%)
Shareholders’ equity 2 20 21 81 62 11 15 3 7 4 1 +5.4%
Returns, %
Returns, % ROA (68.36) (44.43) (77.63) (36.53) (22.87) (77.55) (5.86) (96.91) (72.84) (34.00) (54.98) +34.4 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 (18.04) (423.14) 0.00 (1,469.79) 0.00 (1,469.8) pt
ROE 167.67 108.98 (109.53) (51.73) (34.68) (176.25) (19.74) (188.43) (197.92) (92.47) (168.37) (260.1) pt
People
People Employees — 16 27 29 63 47 13 6 7 8 — (8.3%)
Revenue/emp, $m 0.00 0.61 0.00 0.04 0.26 (0.01) 2.22 0.00 0.07 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2024 · latest quarter Mar 2024 · fundamentals updated 25 Oct 2026

Exicure, 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
ENVB Enveric Biosciences, Inc. $6.3M — (loss-making) — (loss-making) −7.28% (below 0%: shrinking) n/m −29.34% (below 0%: shrinking) 0.00% 0.00% Compare
APRE Aprea Therapeutics, Inc. $6.2M — (loss-making) — (loss-making) −98.40% (below 0%: shrinking) n/m −5.22% (below 0%: shrinking) 100.00% 0.00% Compare
AIM AIM ImmunoTech Inc. $6.1M — (loss-making) — (loss-making) +4.00% (above 0%: growing) n/m −167.46% (below 0%: shrinking) 80.77% (13,511.54%) Compare
EVGN Evogene Ltd. $6.0M — (loss-making) — (loss-making) −35.02% (below 0%: shrinking) n/m +17.72% (above 0%: growing) 40.63% (738.62%) Compare
CNSP CNS Pharmaceuticals, Inc. $5.9M — (loss-making) — — n/m +33.70% (above 0%: growing) 0.00% 0.00% Compare
XCUR Exicure, Inc. $5.8M — (loss-making) — (loss-making) −80.51% (below 0%: shrinking) n/m +65.38% (above 0%: growing) 100.00% 0.00%
ORGS Orgenesis Inc. $5.7M — (loss-making) 1.0× +82.42% (above 0%: growing) n/m −317.93% (below 0%: shrinking) 2,780.73% (6,044.52%) Compare
CRIS Curis, Inc. $5.7M — (loss-making) — (loss-making) −65.98% (below 0%: shrinking) n/m −20.44% (below 0%: shrinking) 100.00% 0.00% Compare
LGVN Longeveron Inc. $5.5M — (loss-making) — (loss-making) −9.18% (below 0%: shrinking) n/m −49.12% (below 0%: shrinking) 63.41% (2,150.17%) Compare
Median of peers $5.9M — — −9.18% — −24.89% 72.09% (369.31%)

All 621 Biotechnology stocks →

Exicure, Inc. (XCUR) Latest News

9 Dec

Impact 3 · · Associated Press Finance

8 Dec

Impact 4 · · GlobeNewswireMotley FoolMT NewswiresMT NewswiresMT NewswiresMT NewswiresMotley Fool

7 Nov

Impact 3 · · GlobeNewswire

27 Jun

Impact 3 · · Business Wire

18 Sep

13 Aug

stockrow.com/XCUR · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com