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Xilio Therapeutics (XLO) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Xilio Therapeutics (XLO) reported revenue of $19.1M for the third quarter 2025 (Q3 2025), +743% from a year earlier and +136% from the quarter before. Operating margin was -10.1%, net loss $16.3M (85.4% of revenue).

Revenue$19.1M
Year over year+743%
Quarter over quarter+136%
Operating margin-10.1%
Net earnings−$16.3M

Xilio Therapeutics, Q3 2025: revenue $19.1M (+742% year over year), operating margin -10.1%, net loss $16.3M, operating cash flow −$17.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$19.1M+136%+743%
Operating profit−$1.9M——
Net earnings−$16.3M——
Operating cash flow−$17.5M——

What changed

Revenue was $19.1M in Q3 2025, up 743% year over year and up 136% from the previous quarter.

Operating costs exceeded revenue by $1.9M, an operating margin of -10.1%. Total costs grew 23% against revenue growth of 743%. The fastest-growing cost line was Research & development (+33%). The quarter ended with a net loss of $16.3M, wider than the previous quarter's $15.8M loss. Net interest and other expense of $14.4M was the main reason.

Operating cash flow was −$17.5M. Non-cash charges added back $340K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $2.7M.

Questions

What was Xilio Therapeutics' revenue in the third quarter 2025?

Xilio Therapeutics (XLO) reported revenue of $19.1M for the third quarter 2025 (Q3 2025), +743% from a year earlier and +136% from the quarter before.

Was Xilio Therapeutics profitable in the third quarter 2025?

Operating loss was $1.9M (-10.1% of revenue) and net loss $16.3M.

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Source: Xilio Therapeutics 10-Q on SEC EDGAR.