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Xenetic Biosciences vs Seres Therapeutics: XBIO and MCRB compared

Xenetic Biosciences is the larger company: $661K of revenue in its latest quarter (Q2 2026) against $593K for Seres Therapeutics (Q3 2026). Seres Therapeutics is growing faster (+69% against +12% a year earlier).

Xenetic Biosciences vs Seres Therapeutics, latest quarterXenetic Biosciences vs Seres Therapeutics, latest quarterXenetic Biosciences (XBIO)Seres Therapeutics (MCRB)Revenue$661K$593KRevenue growth, Y/Y+12%+69%Operating margin-147.1%n/m

Where the money goes: XBIO and MCRB

Xenetic Biosciences (XBIO) · Q2 2026

Xenetic Biosciences, Q2 2026: revenue $661K (+12% year over year), operating margin -147.1%, net loss $930K, operating cash flow −$875K. The chart follows the revenue to costs, profit and cash.

Seres Therapeutics (MCRB) · Q3 2026

Seres Therapeutics, Q3 2026: revenue $593K (+69% year over year), net loss $16.3M, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.

Xenetic Biosciences (XBIO)Seres Therapeutics (MCRB)
Latest quarterQ2 2026Q3 2026
Revenue$661K$593K
Revenue growth, Y/Y+12%+69%
Operating margin-147.1%n/m
Net earnings−$930K−$16.3M
Net margin-140.7%—
Operating cash flow−$875K−$10.5M

Questions

Which is bigger, Xenetic Biosciences or Seres Therapeutics?

Xenetic Biosciences is the larger company: $661K of revenue in its latest quarter (Q2 2026) against $593K for Seres Therapeutics (Q3 2026).

Is Xenetic Biosciences or Seres Therapeutics growing faster?

Seres Therapeutics is growing faster (+69% against +12% a year earlier).

More: Xenetic Biosciences earnings · how Xenetic Biosciences makes money · Seres Therapeutics earnings · how Seres Therapeutics makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.