AGENUS INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.2M | $103.5M | $156.3M | $98.0M | $295.7M | $88.2M | $150.0M | $36.8M |
| Cost of Revenue | $1.0M | $486.0K | $3.1M | $10.6M | $3.5M | $2.3M | — | — |
| Gross Profit | $113.2M | $103.0M | $153.2M | $87.5M | $292.2M | $85.8M | — | — |
| Gross Margin | 99.1% | 99.5% | 98.0% | 89.2% | 98.8% | 97.3% | — | — |
| Operating Expenses | ||||||||
| Research & Development | $79.3M | $155.5M | $234.6M | $186.7M | $178.6M | $142.6M | $168.3M | $124.6M |
| SG&A Expense | $54.4M | $71.9M | $78.7M | $81.0M | $76.4M | $59.2M | $46.0M | $37.3M |
| Operating Income | $-20.2M | $-120.5M | $-159.5M | $-179.4M | $25.7M | $-117.2M | $-70.1M | $-123.8M |
| Operating Margin | -17.7% | -116.4% | -102.1% | -183.0% | 8.7% | -133.0% | -46.7% | -336.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-3.1M | $-232.3M | $-257.4M | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-3.1M | $-232.3M | $-257.4M | $-230.7M | $-28.7M | $-182.9M | $-111.6M | $-162.0M |
| Net Margin | -2.7% | -224.5% | -164.7% | -235.3% | -9.7% | -207.4% | -74.3% | -440.5% |
| EPS (Basic) | $0.00 | $-10.59 | $-13.75 | $-15.64 | $0.00 | $-0.02 | $-0.01 | $-0.02 |
| EPS (Diluted) | $0.00 | $-10.59 | $-13.75 | $-15.64 | $0.00 | $-0.02 | $-0.01 | $-0.02 |
| Shares Outstanding (Basic) | 29.7M | 21.5M | 17.9M | 14.1M | 14.2M | 10.7M | 8.32B | 6.36B |
| Shares Outstanding (Diluted) | 29.7M | 21.5M | 17.9M | 14.1M | 14.2M | 10.7M | 8.32B | 6.36B |
| Dividends Per Share | — | — | — | — | — | — | — | — |