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Inhibrx Biosciences Inc logo

Inhibrx Biosciences Inc

inhibrx.com

What Do They Do?

Develops biologic drug candidates for cancer and other serious diseases, using protein engineering to build a clinical pipeline of therapies.

How Do They Make Money?

Historically, it has received money through license and collaboration agreements and grants. Partners may pay license and upfront fees, reimburse research costs, make milestone payments, and pay royalties on product sales; grants come from government agencies and private not-for-profit organizations.

FY2025 revenue

Who Are Their Customers?

Partners fund research and development collaborations and license agreements; government agencies and private not-for-profit organizations provide grants.

Do Revenues Turn Into Profits?

No. It lost $140.1M in FY2025.

Operating income, FY2025
−10387% of revenue
▼ −59% (Loss) vs FY2024 (−$331.4M, −165724%)
Net income, FY2025
−10773% of revenue
▼ Now a loss vs FY2024 ($1.7B, 843786%)
Free cash flow, FY2025
−9987% of revenue
▼ −34% (Loss) vs FY2024 (−$197M, −98503%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −100%
vs $1.3M in Q2 FY2025
Net income
▲ +28% (Loss)
vs −$28.7M in Q2 FY2025
  • Sep 8, 2026 Reports Phase 2 HNSCC results for INBRX-106 Inhibrx plans to expand the study and then start its Phase 3 portion.
  • Jun 15, 2026 FDA accepts ozekibart application for review The FDA set an April 14, 2027 review goal date.

Who Do They Compete With?

Competes with Crescendo Biologics, Molecular Partners, Precirix, Affibody Medical, Numab Therapeutics, GT Biopharma, Sanofi, Regeneron Pharmaceuticals, Adimab, Genmab, Macrogenics, Merus, Amgen, Xencor, Zymeworks, AstraZeneca, F. Hoffmann-La Roche, Pfizer, Merck &, and Novartis

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