Agenus Inc.

Agenus Inc.

AGEN
Agenus Inc.US flagNASDAQ Capital Market
5.58
USD
+0.61
- -
232.36MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.05
2.34
6.35
5.19
8.71
6.64
22.23
10.22
25.83
6.96
8.74
4.82
3.84
3.79
Basic EPS, GAAP
-22.33
-14.29
-22.52
-29.22
-24.57
-28.87
-15.98
-21
-2.11
-15.64
-13.75
-10.59
- -
1.97
Free Cash Flow per Basic Share
-13.67
-13.74
-12.98
-21.24
-19.78
-24.32
-3.46
-16.53
-2.07
-16.22
-13.09
-7.4
-2.6
-2.68
Dividend per Share
- -
0.15
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-435.89
-231.17
-199.03
-207.75
-208.39
-212.35
-190.19
-169.73
-129.94
-121.16
-109.28
-101.65
-73.4
-65.64
Tangible Book Value per Share
-4.74
-0.54
7.46
-17.89
-26.55
-45.08
-43.26
-28.73
1.27
-6.15
-9.92
-15.55
-10.26
-7.81
Basic Weighted Avg Shares
1
3
4
4
5
6
7
9
11
14
18
21
30
33
Sales/Revenue/Turnover
3
7
25
23
43
37
150
88
296
98
156
103
114
124
Operating Margin (%)
-820.31
-524.86
-298.17
-467.47
-249.53
-340.25
-42.87
-131.58
12.59
-183.88
-102.43
-120.26
-18
6.3
Depreciation Expense
1
2
14
5
6
6
7
7
7
7
14
13
10
7
Net Income, GAAP
-30
-42
-88
-127
-121
-160
-108
-181
-24
-220
-246
-227
- -
65
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-987.54
-608.91
-354.12
-562.59
-281.48
-434.13
-71.75
-205.19
-8.09
-224.51
-157.22
-219.61
0.1
52.16
Working Capital
18
33
155
50
17
7
-36
-16
175
24
-143
-176
-190
-154
LT Debt
5
5
114
131
142
13
21
53
55
76
75
85
10
10
Total Equity
-4
23
71
-39
-76
-175
-231
-211
48
-55
-148
-306
-278
-228
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-5.89
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
12
46
31
LT Borrowings
24
- -
- -
LT Finance Leases
10
10
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
35
39
Market Capitalization
108
88
109

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
134
133
95
Cash, Cash Equivalents & STI
3
3
35
Accounts Receivable, Net
1
2
7
Inventories
- -
- -
- -
Total Current Liabilities
287
323
249
Payables & Accruals
110
108
102
ST Debt
12
46
31
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.28%
-13.96%
-9.32%
Free Cash Flow
125.46%
140.13%
-51.41%
Net Income, GAAP
74.44%
127.42%
-100.05%
Sales/Revenue/Turnover
53.79%
40.9%
10.37%
Total Cash Common Dividend
0.62%
0.66%
0.47%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
24
25
27
103
2025
24
26
30
34
114
2026
34
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.04
-2.52
-3.04
- -
-10.59
2025
-1.03
-1
2
- -
- -
2026
1.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Garo H. Armen
Full Time Employees
81
Sector
Healthcare
Industry
Biotechnology
Address
3 Forbes Road Lexington MA United States of America 02421-7305
IPO Date
Feb 8, 2000
Business
Agenus Inc. (Nasdaq: AGEN), a clinical-stage immuno-oncology company founded in 1994 and headquartered in Lexington, Massachusetts, discovers, manufactures, and develops therapies that activate the immune system against cancer and infectious diseases. The company focuses on immune checkpoint modulating antibodies including botensilimab, a next-generation CTLA-4 antibody with enhanced Fc functionality, balstilimab, a PD-1 inhibitor, zalifrelimab, a CTLA-4 antibody, and earlier-stage candidates such as AGEN1571 (anti-ILT2), AGEN1777 (TIGIT bispecific), AGEN2373 (CD137), and AGEN1423 (CD73-TGFβ); adoptive cell therapies through its subsidiary MiNK Therapeutics, Inc. (Nasdaq: INKT); and vaccine adjuvants via SaponiQx, Inc., featuring proprietary QS-21 from cultured plant cells and platforms like Retrocyte Display for antibody discovery and AdenoJuice for personalized vaccines. Agenus operates primarily in the United States and Europe, with a pipeline targeting solid tumors such as metastatic colorectal cancer, cervical cancer, and other treatment-resistant malignancies, supported by in-house cGMP manufacturing capabilities. In recent developments, Agenus entered a $141 million strategic collaboration with Zydus Lifesciences in June 2025, exchanging its biologics CMC facilities in Emeryville and Berkeley, California, for $75 million upfront plus up to $50 million in contingent payments, alongside a $16 million equity investment from Zydus and an exclusive manufacturing agreement for botensilimab/balstilimab (BOT/BAL) to support clinical and commercial scale-up. Earlier, in May 2024, the company secured a $100 million royalty financing agreement with Ligand Pharmaceuticals, with potential syndication up to $200 million, to fund BOT/BAL's Phase 3 trial in relapsed/refractory microsatellite stable colorectal cancer and launch activities. Additional advancements include completing enrollment in a Phase 2 BOT/BAL trial in advanced MSS colorectal cancer, receiving Fast Track Designation, launching a Q4 2025 international trial across Canada, France, Australia, and New Zealand, and appointing Dr. José Iglesias as Chief Medical Affairs Officer to expand global access programs.

Company News

APIChatGPT
  • Agenus Announces Three BOT+BAL Presentations Spanning Neoadjuvant and Late-Line Colorectal Cancer and Advanced Sarcomas at ESMO 2026

  • AGEN Stock Jumps on Securing $340M Financing to Fund Strategic Pivot

  • Agenus (AGEN) Moves 82.7% Higher: Will This Strength Last?

  • Agenus Inc. (AGEN) Discusses Financing and Robin Trial Strategy for Neoadjuvant Immunotherapy in MSS Colon Cancer Transcript

  • Agenus shares surge as company secures up to $340M to advance colon cancer trial

  • Agenus Stock Soars Over 100% as BATTMAN Takes a Back Seat to ROBBIN

  • Agenus Pivots to Phase 3 Colon Cancer Trial, Lines Up $340 Million Financing

  • Agenus shares surge as company secures up to $340M to advance colon cancer trial

  • VivoPower earns Outperform rating as Noble bets on "power-first" AI strategy

  • Agenus Announces Oversubscribed Private Placement of Up to $340 Million to Advance Registrational ROBBIN Trial of Neoadjuvant BOT+BAL in MSS Colon Cancer

  • Agenus Reports Landmark BOT+BAL Data Showing 33% Three-Year Overall Survival in Refractory MSS Metastatic Colorectal Cancer Without Active Liver Metastases at ESMO GI 2026

  • Agenus Announces Three-Year Survival Data from Phase 1b BOT+BAL Study in MSS Metastatic Colorectal Cancer to be Presented at ESMO GI 2026

  • Agenus Announces Three-Year Survival Data from Phase 1b BOT+BAL Study in MSS Metastatic Colorectal Cancer to be Presented at ESMO GI 2026

  • Agenus Annual Meeting: BOT/BAL Leads Cancer Drug Push as Balance Sheet Improves

  • Why Is Agenus (AGEN) Down 9.6% Since Last Earnings Report?

  • AGEN Early Access Revenues Signal a New Path Ahead of Approval

  • Is Agenus Stock a Hold Amid Valuation and Funding Risks?

  • AGEN BOT+BAL: What the BATTMAN Trial Means for mCRC

  • Agenus Announces Virtual 2026 Annual Shareholders Meeting

  • AGEN vs. IOVA: Which Cancer Biotech Stock Has More Upside Potential?