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Natures Sunshine Products vs Xencor: NATR and XNCR compared
Natures Sunshine Products is the larger company: $117M of revenue in its latest quarter (Q3 2026) against $117M for Xencor (Q3 2026). Xencor is growing faster (+455% against -9% a year earlier). Xencor is more profitable, with an operating margin of 19.6% against 4.5%.
Where the money goes: NATR and XNCR
Natures Sunshine Products (NATR) · Q3 2026
Natures Sunshine Products, Q3 2026: revenue $117M (-9% year over year), operating margin 4.5%, net earnings $1.9M, operating cash flow $10.8M. The chart follows the revenue to costs, profit and cash.
Xencor (XNCR) · Q3 2026
Xencor, Q3 2026: revenue $117M (+455% year over year), operating margin 19.6%, net earnings $39.4M, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.
| Natures Sunshine Products (NATR) | Xencor (XNCR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $117M | $117M |
| Revenue growth, Y/Y | -9% | +455% |
| Gross margin | 72.9% | — |
| Operating margin | 4.5% | 19.6% |
| Net earnings | $1.9M | $39.4M |
| Net margin | 1.6% | 33.8% |
| Operating cash flow | $10.8M | $2.6M |
| Free cash flow | $9.2M | $838K |
Where the revenue comes from
Xencor
- Royalties: $87.5M (75%)
- Milestone: $29.0M (25%)
Questions
Which is bigger, Natures Sunshine Products or Xencor?
Natures Sunshine Products is the larger company: $117M of revenue in its latest quarter (Q3 2026) against $117M for Xencor (Q3 2026).
Is Natures Sunshine Products or Xencor growing faster?
Xencor is growing faster (+455% against -9% a year earlier).
Which is more profitable, Natures Sunshine Products or Xencor?
Xencor is more profitable, with an operating margin of 19.6% against 4.5%.
More: Natures Sunshine Products earnings · how Natures Sunshine Products makes money · Xencor earnings · how Xencor makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.