Agenus Inc. (AGEN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	132.7M	114.2M	103.5M	156.3M	98.0M
Cost of Revenue	32.3M	80.4M	156.0M	237.7M	197.3M
Gross Profit	100.4M	33.8M	(52.6M)	(81.4M)	(99.2M)
Operating Expenses
R&D Expense	26.6M	—	155.5M	234.6M	—
SG&A Expense	38.5M	54.4M	71.9M	78.7M	81.0M
General & Admin Expense	38.5M	54.4M	71.9M	78.7M	81.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(901.0K)	—	(159.5M)	(235.1M)	(815.0K)
Total Operating Expenses	64.2M	54.4M	67.9M	78.2M	80.2M
Cost and Expenses	96.5M	134.8M	223.9M	315.9M	277.5M
Operating Income (EBIT)	36.2M	(20.6M)	(120.5M)	(159.5M)	(179.4M)
Non-Operating
Interest Income	21.0K	—	—	—	—
Interest Expense	59.1M	55.3M	117.6M	97.9M	61.9M
Net Interest Income	(59.1M)	(55.3M)	(117.6M)	(97.9M)	(61.9M)
Other Non-Op Income/Expense	55.7M	17.5M	(111.8M)	(97.9M)	(51.2M)
Non-Operating Income (excl Interest)	(114.9M)	(72.7M)	(5.8M)	(37.0K)	(10.6M)
EBT (Pre-Tax Income)	91.9M	(3.1M)	(232.3M)	(257.4M)	(230.7M)
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	92.0M	115.0K	(227.2M)	(245.8M)	(220.1M)
Earnings from Cont. Ops	91.9M	(3.1M)	(232.3M)	(257.4M)	(230.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	91.8M	(101.0K)	(227.4M)	(246.0M)	(220.3M)
Per Share
Basic EPS	$2.72	($0.00)	($10.59)	($13.75)	($15.64)
Diluted EPS	$2.65	($0.00)	($10.59)	($13.75)	($15.64)
Revenue Per Share	$3.21	$3.84	$4.82	$8.74	$6.96
Shares
Basic Shares Outstanding	41.3M	29.7M	21.5M	17.9M	14.1M
Diluted Shares Outstanding	41.3M	29.7M	21.5M	17.9M	14.1M
Profitability Metrics
EBITDA	155.8M	62.2M	(101.3M)	(145.9M)	(161.8M)
D&A	4.7M	10.0M	13.3M	13.6M	6.9M
EBIT	151.1M	52.2M	(114.6M)	(159.5M)	(168.8M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026