XLO · NASDAQ · Biotechnology

Xilio Therapeutics (XLO)

Develops masked immuno-oncology therapies designed to activate within tumors.

$9.27
vs last close+0.22 (+2.49%)
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Xilio Therapeutics, Inc.XLO
Health Care

Develops masked immuno-oncology therapies intended to concentrate activity in tumors. The model combines internal pipeline development with collaboration-led programs, including XTX101, XTX301, and XTX501; Gilead holds rights to XTX301 under a license agreement.

Builds masked immuno-oncology therapies intended to activate within the tumor microenvironment, aiming to concentrate anti-tumor activity while limiting peripheral effects. The company develops its own pipeline alongside selected collaboration-led programs.

The active portfolio centers on XTX101, XTX301, and XTX501. It discontinued further monotherapy investment in XTX202 when it reprioritized the portfolio.

Under its XTX301 agreement, Gilead holds an exclusive global license to the candidate and related IL-12 molecules. Xilio remains responsible for development through an initial clinical trial, after which Gilead may take on development and commercialization.

The business depends on clinical development, access to financing, and execution of its Gilead collaboration.

Company facts

CEORené Russo
ListedOct 22, 2021
ExchangeNASDAQ
HeadquartersWaltham, MA
CountryUnited States
Employees76
CIK0001840233
ISINUS98422T2096

Market cap$59.4M
EPS (ttm)−$1.64
P/E (ttm)−5.51
ROE-50.8%
P/B0.8225
P/S0.9274
Dividend yieldDiv yield
Beta0.93vs XLV 0.11

Price target$98.00+984.1%Average of 3 analysts
ConsensusBuy3 of 3 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 5, 26
estimated · in 43 days
EPS estimate
−$0.82
Revenue estimate
$4.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$2.80−$2.52−$2.24−$1.54−$0.85−$0.58−$0.33Pending
Estimate−$3.08−$0.11−$1.12−$0.42−$1.68−$0.66−$0.59−$0.82
Surprise+9.1%−2,190.9%−100.0%−266.7%+49.4%+12.1%+44.1%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.7M$2.9M$8.1M$19.1M$13.7M$12.7M$18.7MPending
Estimate$3.3M$4.4M$8.2M$18.6M$10.9M$8.5M$12.7M$4.8M
Surprise−47.8%−33.8%−1.5%+2.3%+25.6%+48.5%+46.9%
Estimate−$0.82
ReportedDue Nov 5, 2026
Estimate$4.8M
ReportedDue Nov 5, 2026
View details

Debt to equity8.70%
Current ratio425.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.3M$1.7M$2.9M$8.1M$19.1M$13.7M$12.6M$18.7M
Net income−$14.0M−$13.1M−$13.3M−$15.8M−$16.3M$10.4M−$9.5M−$6.4M
Net margin0.0%0.0%0.0%0.0%0.0%75.7%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$14.8M−$13.6M−$13.9M−$14.4M−$1.9M−$11.8M−$14.1M−$3.5M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $136.0M · Total debt $6.3M · Total assets $154.3M · Shareholders' equity $72.3M

Revenue
$18.7M
Operating income
−$3.5M
Net income
−$6.4M
View details

No dividends on record.

Institutions41.93%2.76M shares
26 holders · as of Jun 30, 2026
Insiders0.58%37.8K shares
5 holders · as of Mar 30, 2026
Strategic holders9.89%650.4K shares
1 holder · as of Dec 19, 2024
Other47.60%3.13M shares
remainder

6.58M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (5.78M in the company's Sep 23, 2026 report, 6.58M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bain Capital Life Sciences Fund II, L.P.Institution
10.10%664,021filed May 15, 2026
Bain Capital Life Sciences Investors, LLCInstitution
10.10%664,021as of Jun 30, 2026
Gilead Sciences, Inc.Strategic10 percent owner
9.89%650,389filed Dec 19, 2024
Orbimed Advisors LLCInstitution
9.01%592,300as of Jun 30, 2026
Frazier Life Sciences Management, L.P.Institution
6.43%422,505as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 26, 2026James Samuel Shannondirector+5,000$8.79
Feb 13, 2026Gilead Sciences, Inc.10 percent owner+3,739,000$0.0001
Jan 2, 2026Christopher James Frankenfieldofficer: Chief Financial Officer−7,030$0.6432
Jan 2, 2026Kevin M. Brennanofficer: SVP, FINANCE AND ACCOUNTING−1,826$0.6432
View details

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Compare

CompanyPriceChange
Xilio Therapeutics$9.27+2.49%$59.4M0.9+131.1%
Adagene (ADR)$3.00−7.12%$121.6M13.1
Agenus$8.50−2.30%$362.3M3.32.7+34.3%
Bristol-Myers Squibb$61.76−0.79%$127.16B13.79.72.6+5.7%
AstraZeneca (ADR)$164.50−2.30%$261.12B25.315.54.3+6.4%
Median13.712.63.5+6.4%