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MARKETS / NASDAQ / XERS
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Xeris Biopharma Holdings, Inc. XERS

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$291.8M
▲ 43.7% YoY
$554,000
In brief

What this company does

Xeris Biopharma offers Recorlev for the treatment of endogenous hypercortisolemia in patients with Cushing's syndrome, Gvoke for the treatment of severe hypoglycemia, and Keveyis for the treatment of Primary Periodic Paralysis. Recorlev, approved in 2022, treats Cushing's syndrome, a condition resulting from sustained, elevated levels of cortisol in the body that affects approximately 25,000 people in the United States, of whom approximately two-thirds are cured by surgery; it has received orphan drug exclusivity status in the United States through December 30, 2028 and patent protection through 2040. Gvoke is a ready-to-use, liquid-stable glucagon for the treatment of severe hypoglycemia, indicated for use in pediatric and adult patients with diabetes age two years and above and administered in two steps. Gvoke is available in three presentation types: Gvoke HypoPen, an auto-injector; Gvoke PFS, a pre-filled syringe; and Gvoke Kit, a pre-filled vial and administration syringe. Keveyis is the first therapy approved in the United States to treat hyperkalemic, hypokalemic, and related variants of Primary Periodic Paralysis. It is developing XP-8121, described as the first and only once-weekly subcutaneous injection of levothyroxine for the treatment of hypothyroidism. As of December 31, 2025, it had 435 full-time employees in the United States, of whom 216 were primarily engaged in sales and marketing, 169 in general administration, and 50 in product development and research. It was incorporated under the laws of the State of Delaware in 2021, and its principal offices are located at 1375 West Fulton Street, Chicago, Illinois.

Written from the business description in Xeris Biopharma Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 291.8M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 291.8 · Net income 0.6
100M200M-50M-100M202020212022202320242025
Compound annual growth
+38.3%
+70.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +70.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
0 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.5% · Net 0.2%
-200%-400%202020212022202320242025
ROE
FY2023 · ROE -324.2%
-100%-200%-300%202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2021 · FCF -96.6
-40M-80M202020212022202320242025

Total assetsUSD 383.5M
EquityUSD 13.7M
CashUSD 111.0M
Gross debtUSD 220.3M
Net debtUSD 109.3M
Current ratio2.19×

Net debt stands at 798% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.30.20.20.10.00.0
Operating income $B0.0−0.0−0.0−0.1−0.1−0.1
EBITDA $B0.0−0.0−0.0−0.1−0.1−0.1
Income tax $B0.0−0.0−0.0−0.00.0−0.0
Net income $B0.0−0.1−0.1−0.1−0.1−0.1
Free cash flow $B····−0.1−0.1
EPS, diluted $0.00−0.37−0.45−0.70−1.55−2.14
Dividend / sh $······
Payout %······
ROE %··−324.2−134.8−190.3−270.0
Shares out B0.170.150.140.140.12·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 66 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2020

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